New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-01-07
Never Was There an OPP
uortunity Like That Pre-
sented in City To-day
ppOPERTY FOR SALE AT
: UNUSUAL LOW PRICES
,YractiveneSS of Good
Realty Investments Is
Not at All Fleeing
r, BRYAN L. KENNELLY


-, can be but one result to the
=, wears Of unprecedented pros
''..@ which the people Of the United
Ia ...,ave enjoyed. The immense sums
~ I've made will begin now TO seek
w ,-,nt in staple securities. The
n, ,psculauon that has been going
's ,,oeks and bonds, grain and cot
o -, he expected to subside now
~ -. srst word for peace IN the
h'' s..-o,csn conflict has been spo-
"a pecp!e will turn once more,
N hr. inst as eager, TO those Sc
nsaer' V1~.s;cb combine absolute safety
- fair return. ,-,no.1d.
j Is w. osrrcst conviction that real
tMV .vd near New York City ls at
go .e,rrinc Of the greatest upward
ls 80. I'm recent years. IL IS because
'sS.',oro great demand for property
p'. ..'S,..ss+meut. use and Improvement
" 80 send values TO higher Levels
gws Rave been recorded, that l
US. .-e-v nerson who can do so to buy
w '1o.e+e5 real estate at present
w In INV many years OF experience
Feesl state auctioneer, broker and
have seen many oppor-
EP..s... cFercd for profitable invest
'1l..'s View York real estate, but there
ns,, vas an opportunity like that pre-
49, +o-5av. and this generation PROB
iaN1 m - beve another like II.
al ,;-t of property I'M pracucSlly
- -, NJ The city selling for less
ve! ..paircs - The last ten years IN
80. n a rental demand that has nl Liu
go every square foot OF rehjaDle
80 AZ better rents than nave pee 0een
go i'm the last ten years. lhlhA
- ne great subway system no" 80
...-lv COMPLETED. which, whl!e lhC!eas-
. - rslros in the low-priced secuons,
..s-,;-g 10 bring all parts OF the GU!
> ciosor union that will oenent
-, evervwhere. Think Of the mill
49, ~ whom homes, business places
..--.bes schools and places OF amuse-
49, ~. ,..li have TO be found as soon as
=, 5ss51v conflict abroad is over.
- ycrl is now the financial cen
- tbo world. For many years lO
&c
IN he the business centre, TOO lOS
,.,i estate will be In greater oeHIaIIu
- roY or I ever have seen. Nslues
Ito.dsv viii be ouoted a lew year
~. ;-.. as the prices OF the va T,
..lss" before the war are no" quy'oS
:, show The great improvement ..I
-.t as disappointed men say NOV,
amid have bought Bethilehel 49,
q. ar or "I could have had OeI IIi. q,
V,.,-, at 90" men who are no.. nov a hi
d. ~, veal estate opportunities NJ
..Y,ftbe big profits they missed, ne ne
4. Ezorence is, Of course. thaI .he
80 - tho "war brides" fades WIN
I 80 "a ~ the war, while GOOD rear
.,..,.s attractions last rs long %
New York City remains
Expects Auction Revival
That here will be great demand demand
for We'll located property throughouIJ
he next wear rs not 70 be doubted, anu anu
that brings Us 70 consideration Of tnV
os-t the real estate auction mar nv
IN NAV believe that the oppor-
.r,;,r IN disnose Of real estate at auc-
49, I'll he better than for many
v,s-s Estates and individuals VIII
~ rsadv market for their holdings;
IT, srctio1 room is the place TO sell
,ropertv quickly. and during tiIhes
iks these. with prosperity on every
rand and mortgage money plenJll Vi
and cheap. better results oiIeh o.
obtained on the real estate suctlol
exchange than by private negotiaIlo9inl,
ysrv Of the highest prices for CITY
-ssI estate we're paid in the auction
room. and I believe the next year %
going 10 sec a strong revival there IN
he biddiug Up Of values.
One Of the great factors, TOO oIten
overlooked iu calculating the future
Of local real estate, is the near com
pleton Of the new transit INES
stretching into all parts Of the city.
During the coming year most Of these
lrss are 10 be operated and the map
o. New Yor. CITY will be changed
radically. There Is no doubt that
utry section reached by the ne"
roads viii bc greatly benefited. booh-
irg ior the sections that NAV expect
The greatest gain, ! should select inc
Borough Of Queens and along the line
Of he new subway In The Bronx
where property still is valued low just
because 70 never has had proper iran
,'t connection. That many share my
ueRs lis evident from the interest
vsich leading operators and builders
arc showing In the sections to be
served by the new subway extensions