The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-05-23
FOR ALL
FLATBUSH DWELLINGS,

F7atbush. Brooklyn's charming home
community. is having its banne year.
II the erection OF fine dwellings and
apartments we're confined to the section
near to Flatbush avenue the construction
of ar extension of the present Brooklyn
subway might be said to account for IL,
but the fact Is that practically all parts
of the section are receiving the atten-
ton OF builders. who are closely fol-
lowed by renters and purchasers. In no
preceding spring has there been such
widespread activity, n never before
was there so great n volume OF build
ings and 80 fine a variety OF homes
from which future residents can select.
Because OF largely Increased Ian
values the erection OF Individual homes
has practically ceased OF the principal
avenues and streets. Indeed. some OF
the nrst houses built already are giving
way TO apartment structures OF the four
story variety. with apartments of four
to eight rooms OF most attractive lay
out and appearance. Though an aver
age OF about two such houses are COM
pleted each week there are few apart
nents to be rented when the builders
are ready to receive tenants. Rentals,
by comparison with those In Manhat-
tan. are moderate.
While apartment builders are work.
ing along the principal venue indi-
vidual home builders are developing the
well located plots still to he had in the
more attractive residential sections.
Some few parts Of Flatbush still are
given to single family detached homes.
hut In the older n more settled parts
land values w again caused a change
to rows Of we'll built attached houses.
Some Of the finest examples of sinai
houses OF this kline are to be seen In the
section just TO the east OF Prospect
Park. Builders have gone TO the eS-
IRENE in their attempt to make this dis
trict one OF the most attractive In all
New York. One OF the show blocks -
Rutland road. where Peter J. Collins. a
local builder. has transplanted a bit OF
old England. This consists of two rows
NJ small houses copied from dwellings
which Mr.. Collins saw and admired In
Chester, England. The houses are of
brick and stucco. with interiors so ar
ranged ne TO bring them within the easy
housekeeping class. They are replete
with modern Improvements and con-
veniences.
G. II. Gwathmey. vice-president OF
the westv GOD Realty Company. says
hat any person looking for safe invest
ments where large profits are assured
should investigate the realty situation
n F1athush without delay.
Restrictions are running out IN some
.ections.' Mr.. Gwa,hmey continued. land
modern apartment houses are replacing
some Of the old and historic mansions,
and these buildings are invariably filled
with tenants and sold 10 investors as
soon az completed. The reason for this
property selling so readily Is that in
es,ors are waking up to the fact that
and value arc very low and should In
crease materially within a few years.
The Woodruff avenue station OF the
Brighton Beach railroad Is just the
same distance from New Fork City
Hall az Seventy-second street and
broadway. Manhattan. and a twenty
FOOT lot az the Woodruff avenue station
ian he hought for $4,000. and n lot the
same size at Broadway and seventy
second street will cost $4,000 This
difference IN price IL too great. an'
when the same subway passes the
Woodruff avenue station which now
raSses Seventy-second street our values
viii lake a big Jump"