The sun., 1918-11-03
Splendid Outlook for Investment With
Rentals High and Space Limited,
Says Robert E. Bowling, Call
ing Attention to Present
Opportunities
Opportunities

From the standpoint OF tho investor
] will say that not in my years In real
estate have seen stronger market bases.
I think that income properties are In
better shape than in many years. ] be-
lleve that rentals will go even higher
than they are to-day"
1t is n long time since Robert L.
bowling has expressed himself so de-
Cidedly and enthusiastically on real es=
late conditions Coming from him, for
awenty years or more one of the biggest
men in the realty field. buyer of millions
and millions of dollars worth of real
estate. builder IF the gigantic City LII
Nesting Building on lower Broadway
md the nearly as great Adams Express
building, one may feel satisfied that
there is ample reason for such optimism
because Mr.. Downing is not the type Of
1nan who Is given to extravagant talk.
J!e is one of the most conservative OF the
snarSets leaders and weighs well his pub
bic expressions for fear of giving n wrong
impression on market conditions. 1t
was this conservatism that caused his
News on the market In the boom days
before the panic Of 1907 to be accepted
with greater consideration than those
pc any other Of the big men in the field.
AS he Is still one of the luminaries his
News on the market arc received with
ahe same Difference as ten or fifteen
pears ago.
In his terse prophecy Mr.. Downing has
Issued r most significant message TO
Investors and Spectators. II is the most
assuring advice to those with money
,hwaiting investment opportunity that
las been heard in a long time. Men in
the market who know Mr. Bowling will
Iced his words as they would those OF
few others
His optimism. one may rest assured.
Is the result of a close watch on the
course of events in the market and his
ability to estimate correctly the sig
niffcance of developments which might
have escaped the attention of man
less experienced in the ways of real
estate. 1t was his ability to estimate
market movements that made Mr.. BOWL
fng a very successful pioneer and
operator. Real estate has brought
him fortune.
In referring to the strong bases
which should attract investment In real
estate Mr.. Bowling said that the great
scarcity of business and residential
space must have been brought to the
attention of a good many people in this
city in the last eighteen months.
1T Is my belief" he said. that II
will be ten years before construction
Nhl nave caught UP WIN Nllt
ments OF the city for homes and bust
ness premises. Rentals are much
higher than they were, but l am of the
opinion that they will so even higher
I'VE must remember Mr.. Bowling
said. that New York's population is
growing every day. Peace will. perhaps,
Increase the flood Of humanity and
trade 10 this city. Accommodations are
limited now what shall they be a few
years from now with building opera
lions limited as they are by the require
Inents OF warning nation? II means
nothing less than higher rates for the
accommodations available"
Peace will revolutionize the real es-
tate business. Mr.. Bowling said. Build
ing movements such as marked the zen
years from 1904 to 1914 will never be
Eeen again. The building up OF an over
supply of space. whether business or
residential. will never be permitted for
obvious reasons. Investments will never
be jeopardized as before the panic nv
wholesale construction, as leaders have
learned lesson, which in the future Will
have the effect OF preventing unlimited
construction. Builders will not be given