Evening public ledger. [volume] (Philadelphia [Pa.]) 1914-1942, 1914-12-31

feet on the east line and 1875 feet on Park.
way, and viii cost 81 i,250,000.
Greater activity Is looked for in West
Arch street. In the section of East Arch
street from 18th street to Broad street
properties are held for speculation. Buy
ers ana sellers there are too far apart.
Some needed improvement and less signs
would move everything for sale.
WEST PHILADELPHIA.
The part Of Philadelphia lying west OF
the schuylklll River is Of such vast size
that review Of the situation is beyond
the scope Of this article. For many years
the most active development has been go
ing on. In 1914 the activity perhaps slow
ed down little, but what has been done
Is along the line OF better quality.
Attention can be called to the vicinity
OF Baltimore avenue and Goth street All
OF the ground In this vicinity has been
restricted by an agreement between own
ers, and q large number of hlgh-class
dwellings have been completed the last
year and many more are under way
Cobbs Creek Parkway, between 59th and
Goth streets, on the north side, is we'll
built TIP.
A very good building boom appears in
the Lansdowne avenue district between
5fth and Goth streets, and there are many
others.
Special mention must be made Of SD
and Goth streets. These business thor.
oughfares show advances their entire
length, taking the proportion of q boom
in the vicinity of Market street. 1t is
hoped a trolley line will be put on 4sth
street, as this is much needed and would
be welcomed by all interests
Lancaster avenue, from 10th TO 46th
streets, is the shopping district OF very
large section and real estate for sale or
rental is In the sharpest demand. Sales
In 1914 have been at advanced prices. In
tersectlng streets and fine transit facii-
ties are the underlying cause.
The latest sale, made within week, |
4oH Lancaster avenue, Patrick McGar- |
vey to Harper ID. Sheppard, lot 16xlOO, |
at $780, sold for S10750
1t is a good time to get together on q |
few vital points about this attractive part |
Of Philadelphia.
The trouble in West Philadelphia is
largely that the building trade has been
strangled by the erection of too many
two-story stores and dwellings and forced
Upon the market later.
It is believed by many real estate men
hat the fiat and the two-family apart
nent have greatly injured the single
lwelling. without creating an advance in
he price. Very few are sold and they
appear in trades.
Better conditions could be reached IL
n the coming year a limited number of
Ill classes of dwellings are built, the
market given time to let the advance
n population catch up, and buy those
.lready erected. Also, as far as possible
ne unreliable straw builder should be
Eliminated.
However, even with manifest ovesbuild-
ng, all agree in the West PHILADELPHIA
istrict that the coming year has great
disabilities.
SOUTHWEST SECTION.
The real estate outlook for the coming
ear In this section is exceptionally good.
here will be more building done in 1915 I
ian there has been for several years.
le demand fully justifying the invest
ent.
OF special note is the erection by a !
'ominent builder of ITS dwellings, with
ores at the corners, on both sides of
street between Jackson and Wolf !
reefs and east side of 24th street, be-
Veen jackson and Wolf streets A new +,
'eration by the same builder of 29s
'uses on 9th street, Etting street, 2Sth
rect and Newkirk street, from Reed
rect to Tasker street. is planned.
many other operations could be men
'ned in this part OF the city, and all e
lilders report the best kind of outlook. a
The Passyunk avenue bridge, which Is
w opened and graded to It's intersec- h
VI with bSd street, without doubt has |
en- great public improvement In
dition to the stimulus to this part of d
1t opens UP southeast West nj
hladelphia to all sorts of improvement. ct
le or the great benefits claimed is the N
sslDilty OF better accommodation for n
nool children by better distribution on d
her side Of the river via the bridge.
SOUTHEAST SECTION.
active conditions also have prevailed the o,
It year in the section east of Broad fo
eet and south of Pine street. The de- "
md for dwellings is well maintained, A,
d great many large tracts have been ru
to builders. Dwellings are going up
many parts. Among these can be men ~ ~
ned:
n operation of 90 dwellings to be
cted on the site OF the old Cemetery.
ssyunk avenue and Tasl1er street We
early 200 two-story dwellings, with 81,
res at corners. from Sd to 4th street . ''
Ritner street to Porter street. a..
ne hundred and sixty-two dwellings ~
% erected in 1914 on Ritner street, sl .el
dstone street and Roseherry street, be- ,r'
zen Front and I'd streets, and 60 dwell ~,
s were started on the east side of -
mt street, from Jackson street TO Rit- o.,
street. Property at this point Is ino ia
ted and sold easily with certain ao- @ 1oS
ty predicted for the Industrial estab- IVA
ments along the river. It is likely to
the theatre OF coming activity In the A
ding world. pla
reat impetus will be given to the en-. wo
section from river TO river south OF I'm
'et OF the tracks OF the Baltimore and lar
o Railroad Company. This today Is So,