The sun., 1918-11-17

ever before contemplated. While there
was a general admission among sub
urban developers, that houses were
being sought more particularly. many
people weren Saying land. basing their
declsi0ni on qtR fact that Of all the COM
mobiles which, have risen In value, real
estate Is thes one exception. This too
must rise. and The time for the advance
Ia said ito b. close Mt hand. Plot buyers
are securlng their sites for homes now,
pending. thbs Fead justment period when
laboy WI bekJnore plentiful and home
bullying. somewhat cheaper than at the
present time.
developers Swho have been In a POSI-
ton, to place contracts for large quanti-
ties Of rnatsttsis before the war, but who
, did not receive them and In fact were
not anxious no get them, while the war
was on. are now demanding the fulfil
| ment Of their contracts 30 that they
may proceed with building operations.
Many developers have kept the nucleus
| OF an organization together by keeping
their construction superintendents and
| foremen employed on repair work and
are nowsif 4 position to round out the
IorganizationAand proceed at once.
Mountain Lakes. Inc, invested about
100000 In materials. most OF which
were bought In 1913 and 1914. This In
cluded 100 cars OF cement and SO cars
OF lumber. part Of which has not yet
been delivered but which will now come
| through. NE company proposes to in
crease Rs .hntiding programme because
Of the increase in demand. 1t is the
! opinion ofasthe offic'als that sales will
only be limited by what there is on the
market and can be built They base
their prophecy on past records. In 1913
this companS sold ffty-ive houses
valued at .pysr 100000. When tho
United States entered the war the sales
dropped TO rwenty-three valued at about
$277,000. but since Austria was forced
| out of the war six houses have been
| sold to people who were waiting for
the. cessation Of hostilities. They aver
that OF the ak not more than one would
have bought II the war had continued.
II The same ratio Of sales. six a month.
continues, the next year in the suburban
field will be n record breaker.
At the Joseph p. Day Offices It was
said that there has been more business
transacted in suburban realty In the
last ten days than has been done In
many months. City Island seems sud
denly to have found many admirers and
Inquiries haye poured In. As a result
about $4,000 worth OF houses and lots
aave been sold there. There has also
been a revival OF interest in Manhattan
Beach realty and many other develop
ments with which the Day organization
IL identified. 1t was also said at this
oftce that as soon as the Government
released materials a big building move
nent would be started in Queens TO sup
ply homes for hundreds OF high grade
artisans who will be employed In the
peace Industries which are expected to
quickly revive in that borough
One OF the reasons for the tendency
or the people to turn to the country for
living accommodations. according 10 n
developer OF North Shore properties, ia
that they have learned that there ia
much to be gained from having a little
lana under cultivation. This man said
that with house on a plot 5OxiOO Il
would be possible to get enough yege-
tables for a family OF four for eight
months OF the year. He suggests that
more country home owners plant fruit
| and nut trees for shade and food pur-
poses and that instead Of having useless
hedges, they substitute berry bushes.
which will prove both ornamental and
useful
The Sage Foundations Company sees
In the present situation an opportunity
for prospective home owners to gain an
advantage by buying home sites, be-
cause prices Of land have not yet begun
TO rise. but are surely bound 10 do 20
before long. A plot owner could set out
fruit or nut trees and berry bushes this
f.A and In the spring begin to build, so
that by the time the house is ready for
occupancy his trees and shrubbery would
be producing.
At Kew Gardens It is reported that
last Sunday there were more people