The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-06-14

Long Island City for factory and ter
minal purposes.
Speaking Of his plans yesterday Mr..
Degnon said that the enterprise had
grown far beyond the original inten-
tons, and that In carrying through the
proposed work his company would do
the greatest thing OF the kind ever
undertaken in this country. II am not
a railroad man." he said. but even I
was impressed with the Importance OF
the property by the fact that this ter
minal has the advantage of being
reached by railroad and rapid transit
lines and by all water routes as well as
having terminal railroad with the
same rate as Is had in the most favored
part OF Manhattan. The cheaper land
in Long Island City makes for lower
fixed charges, while the advantage OF
being at the centre of population of
Manhattan. The Bronx and Brooklyn
makes the spot conv snier,t Tor the local
distribution OF goods. With larger sales
and less cost in handling goods the
factories in Long Island city should be
able to cut the retail cost OF their out
puts materially"
Mr.. Degnon said that his companys
present time amounts 10 about $4,000
600 Their improvements include
canal called Dutch Kills Canal, Il branch
Of the Newtown Creek, running TO the
centre OF the Degnon properly from
which tracks radiate to every building
site. This canal is $50 feet wide, has
9, 400 running feet of bulkhead and from
II to % feet of water. It is not In
l.I s,r
ers can deliver there, the rate being
the same as to all poir Is in the New
York terminal zone. All the land in the
tract has been brought TO grade. four
miles OF streets have been laid and
water, gas and electric conduits buried.
There Is u double sewer system, one for
building drainage and the other for
carrying or the rainfall.
The plan of development devised ny
the Dcgnon Company is rather Interest,"
ing. They are prepared to entertain
concerns requiring space from that OF
four story building on plot 5oxloO to
that of n building Of unlimited height
covering a plot of six acres. Their plan
contemplates either the selling or leas-
ing OF the land and the erection OK
buildings either with the money or the
prospective tenant or with their own
funds.
The two concerns which have already
located in the Degnon property are
among the largest in their lines in the
country. In their new factory the Loose
Wiles Company have building that Is
the largest concrete structure in the
void. 1t Is the biscuit companys
largest plant by nearly twice and rep
resents an investment OF s2,lO0,O00 ex-
elusive of equipment which represents
another outlay OF ss00,000. Inducements
which led the company to establish In
Long Island City besides the railroad
and steamship conveniences were the
convenient vehicle delivery to the CEN
tire OF population in Manhattan Island
and the fact that tracks from the termi-
nal railroad pass right into the build
ing, making the shipment of products
an easy matter. From its plant the
company has access to the greensboro
| Bridge, about 600 feet from the fac
| tory, leading to Fifty-n ninth street, Man
| haitian. They operate about $50 motor
| trucks which carry 40 per cent. OF their
| output to the Manhattan stores.
The American Ever Ready Company.
| subsidiary OF the National Carbon
Company, Is the other big plant to To-
cate in the Degnon tract. They have
| bought a whole block, 20ox600 feet. on
which a 100000 building will be
erected, where $500 hands will be en-
ployed. Plans for tho first unit Of the
building have Just been completed. The
principal reason for this concern locat-
ing In Long Island City was tho equal
freight rate they would obtain to all
| parts of the world with the most IA
vored points In Manhattan.