New-York tribune., 1915-01-24
Ex-President MorriSey of
Brokers' Board Dis
cusses Situation.
PREDICTS BRILLIANT
FUTURE FOR BOROUGH
VIII Soon Emerge from IT'S En-
thralment, Due TO Poor
Transit.

prominent brokers OF the borough, VINO
was formerly president OF the Brook
lyn Board Of Real Estate Brokers. He
. advances, In support Of his statement,
many arguments, al Of which are
based on his experiences and a re
suit Of q profound study Of the trend
Of affairs in Brooklyn Although his
arguments are numerous, any one Of
them seems 20 be sufficient proof that
the borough has never felt the wide
spread and invigorsting influences that
come 20 every zone with adequate
transit.
ITO appreciate readily how Brooklyn
hss been held back in a realty way
said Mr.. Morrisey last week, "it Is only
necessary 70 compare the sale prices
Of land. vacant or unimproved. In
Manhattan with prices for similar
property in Brooklyn. The differences
IN the sale prices are startling, and at
fret glance seem 20 be unreasonable.
and that Is Just what they are 20 the
superlative degree. With proper, ade-
ouate rapid transit land we will have
the long desired transit lines between
Manhattan and Brooklyn when the
dual subway system is in operation
brokers and others connected with the
real estate market of the greater city
Will nave 70 CIhtb NhtAA NAh
showing the market worth OF Brooklyn
sites and buildings and write much
larger ones. NJ,
hsttan have been expanding IN recent
years, the crush experienced by the
homeward-bound throngs on the
Brooklyn Bridge have been growing
more intolerable. Only those VINO
have suffered daily from those bridge
. Jams really know the horrors Of them
In spite Of all that has been done TO
lessen these crushes and TO provide
fhs Messengers with seats, the situa-
tion has become more eXasperating 70
the public. Thousands OF persons
shudder at the thought OF crossing
the Brooklyn Bridge between $3.50 enc
o'clock ct night and they DO not INC
the subway a much better way 70 get
home in those hours. -
"prooklynites are going TO get RIO
OF this enthrallment when the qua
subway lines are opened. Then there
Iii h. two more tunnels connecting
the Brooklyn and Manhattan shores,
and. besides. such Improvements Will
have been made 20 the existing ele-
vsted and surface links as TO make
nossible quicker, and therefore better
onerstion of trains and trolley cars
10 especially in the rush hours
aTvnsrts on residential and inous-
trial Growth have figured that BROOK
In ia developing so fast IN resi-
jsr+isl way that il will not be long
bs.ora It's population,w be equal 10
49, of Manhattan. I think these
. ststistjcians say that In 1920, or hve
ear. hence. Brooklyn will have Pop
vlation Of z. 100000. equslling then Una
- Manhattan Some statisticiens siso
.bst prooklyn will then begin 70
or,,d;stance Manhattan as regards pop
ulation. s-lon-
d;div as manufacturing centre IN re-
cent years. Yet most OF It's cenJIaI
end well built Up parts are not wltnlh
evs-cent fare zone Of ell the prlH-
c,nsI downtown divisions Of Manhat-
,sp Rut IL will be in such q zone
uben the dual subway trains are run
ning This change will mean mucn 70
: the majority Of workers.
@Nou those who live far from the
easterly terminus Of the presehI,
subway links between Manhattan ana
BROOKLYN must pay two 1ares 70
get 10 their Office or place Of en-
plovment. This amounts 20 20 cents
q dav for carfare or 81 20 a week OF
tbo monthly carfare item Will be re
duced 70 about 50 90. or a saving OF
sSO a wear. With the money saved
thew will be able 10 buy more necessi.
ties Of life. Resides the saving OF
money. there will be the big saving OF
time. and thousands Of persons who
are not able now 20 afford home IN
the suburbs OF the beautiful Borough
Of Brooklyn on account of the cartare
itar and the time spent In travelling
will And themselves in a position 10
accept the new opportunities presented
for suburban living as a result OF the
opening OF the new subway system.
"Thcussnds ofManhattan workers who
i've in Brooklyn and many other thou
sands who are seriously contemplating
taking advantage OF the better home
conditions in Brooklyn than In the
crowded home regions OF Manhattan
are employed IN the Manhattan sec
ton north Of Chambers Ct and south
= Of seth St II rs 70 these workers that
tho largest benefits froI the new sub
WAYS will probably come. II they all
should move 70 the most outlying parts
OF Brooklyn they could leave their
homes when the dual subway system
30 was opened about thirty minutes be-
fore the time for them TO be AZ work
and IN much less time most OF them
would be AZ their allotted daily tasks.
an the Sfst and 32d wards OF Brook
lvn Is the cheanest land In the bOr-
ough. By cheapest. do not mean that
4. Is the most valueless, but that al
the present time II is selling at a sum
much lower than vacant lots In any
other part Of the borough. The SD
Ward is that big area OF land east and
south OF Flatbush, mostly made up OF
the old township of Flatlands. The
3ist Ward Is that section OF the bor-
b ough comprising the region south OF
Flatlands and extending TO and inelud'
ing the frontage on the Atlantic Ocean
where are some OF the most valuable
shore pleasure grounds In The greater
city. Y includes the old town OF
Gravesend and Sheepshead. Through
IL run the Culver and the Sea Beach
lines OF the Brooklyn Rapid Transit
This section will share in the benefits
that will accrue from the building OF
the dual subway system. And the old
S2d Ward will be one OF the larg
est benefciaries Of that system. too
To-day YOU can buy along or near the
present lines OF transit In those wards
lots az $500 improved. They are most
suitable for improvement with small
dwelling houses OF the one and two
family types In most places where
these $500 lots sre 90 be had assess
ments for street Improvements have
yet 20 be paid. But those assessments
are not likely 90 be unusually heavy,
AS the installation Of the improve
ments is not beset with difficulties.
"Brooklyn has the room ard the
natural facilities 90 become one OF the