The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-01-04
.REAL.ESTATE BOARD
TO HELP BUSINESS
Controls More Invested Capital
Than Any Other Organi-
cation Here.
SCOPE TO BE BROADENED
Many Innovations Which Arc
Expected to Aid Realty
Interests Planned.
SCOPE TO BE BROADENED
~ LAURENCE NJ. y. MCGUIRE.
President the Real Estate Board ~
New York.

President the Real Estate Board ~
New York.
The Real Estate Board Of New York
through It's active membership Of 900,
which IL the limit under its constitution.
and IT, associate membership. repre-
sents in money more property than any
other organization In this city. One ~
its active members has the entire man.
agement Of more than $70,o00.o00 Of
Borough Of Manhattan improved prop
crty. In its associate membership Il
has some Of the largest individual prop
erty owners. One OF the purposes NJ
the hoard il to bring in close touch and
harmony the professional real estate
man and the property owner for their
mutual advantage. In order to work
to a successful end there must he honest
cooperation. Their interests must need
lie along the same lines. Tho board IN
broadening its scope and creating It's
associate membership had for It's object
the forming Of one large central body
to represent real estate in It's broader
sense.
1t has not and never will have special
interests to serve: IL has no surplus or
apital upon which 1t will be expected
to pay dividends. It will never be used
| by one or a combination of individual
! for selfish purposes. IL is governed by
constitution which makes this impos-
sibe. The board is equpping itself To-
! ight the just battle of the Ill used and
abused property owner. Through its
| Legislation and taxation committees and
| its SUBJ committees it Will watch care
fully proposed legislation at Albany. g.
| will not only oppose, II will create. II
will bc in close touch with the Board W
Estimate and Apportlonment and its
doings and will through its sub-com-
mittee be alive to all that is pending %
| the Board of Aldermen.
| When an unjust or Illegal order =
issued 10y any department the Real
| Estate Board proposes Ia put itself IN
position To combat such an order with
all its organized strength. While max
ing pid strides. the board is conscious
Of the fact that all its work must -
necessity be carefully planned and cN'.
cuted. knowing We are 10 he judged
by what We accomplish. We are con
tented to wait. In the interim we WauL
| the real estate interests Of the State ~
New York to know there * one organ
cation which has for It's main object the
conserving of the interests OF all til"
property owners, the advancement ~
general real estate and the establishing
of confidence in those who would pur-
lchase
The boards mortgage loans committee
has been hard AT work and will shortly
present what Is promised Ia be an inter
esting report. The stock list comm!tte"
Twill shortly have recommendations g.
make which will be of great interest T."
l
and building codes committee is maj
ping out a plan of campaign never b..
fore attempted by any organization. and
in thi. part Of It's work is being AIDE .
by the legislation and taxation com
mittee. oue needs but study the makeup
of these committees 10 discover thc'r
efficiency and feel satisfied that th',
portion OF the boards work Is IN
excellent and competent hands Tn.
members Of these committees are en-
thusiastic hard workers and all people
interested in real estate Will, | helicN'
realize shortly that the Real Esta''
Board Of New York is an organlza,iu'
which Is equipped and capable of rcpr'
senting real estate in its broadcast sens
The executive committee of the boa. .
is really its 100 active members, rcpr,
senting the highest type of profession
real estate men. who 10y reason Of thor
calling are in touch with the real es'N' .
situation in its every phase from day 7
day. and this will be accounted ~
main reason for its success, Organ
tons have come and gone; they ltI
their executive committees. who devote.
a spare moment or two occasionally o.
, what AT the time appeared In urg'
need. In the Real Estate Board all ,.
: the business time Of the active mcm,'f-
is given up 10 real estate. There ,o".'
not possibly he better combination Oil.
iproducing results than professional o..
estate men and property owners.