davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Architects Ready to Help
Government Start BuiIding
Guild W DIRK at Reduced Rates to Get Under Wav
Federal Structures Which Can Be Erected
With Money Already Appropriated for Them

done as cheaply as it is possible 10
In awarding this work to the various
contractors and sub-contractors Z.
should be 50 distributed that in con-
munities where there is a large amount
OF unemployment more would be given
out than would be in places where the
labor situation is not so serious.
] am confident that if the govern
ment would take the initiative in this
matter the architects and contractors
OF the country would back it to the
limit and be perfectly willing to make
reasonable sacrifices mot as big. Of
course, as they were willing to do dur
ing war time, but quite substantial.
10 thus enable the general lines Of
activity to get reorganized on peace
basis. It would help the labor stua-
ton materially and prevent the unrest
mat is now growing to such alarming
proportions, for while people are mac
tive they naturally are discontenied,
out Is soon as they become occupied
again contentment largely returns.
Higher Building Costs
1t might cost trifle more TO build
now than it may in few years time.
put II the unrest grows soldiers will
have to be maintained to guard Ger
tam communities, workers will get
more dissatisfied, and it will be yery
much harder and CORRESPONDENCE e1-
penslve to finally bring them back into
looking at things from a peaceful
point of view This will all COS:
money to the government and woula
be lar greater, without doubt, thaS
any slight possible enhancement d
building costs to-day over what The
future may bring forth.
Should the government have to pr
vide emergency funds to care for me
unemployment it will be vastly more
expensive than the enhanced buildlhs
costs, for the writer does not feel tas.
we can ever expect the same old JOY
prices that were experienced in IVA
IT the government would 90 ahead sns
demonstrate that it wishes TO put I1s
country back again on peace bsss
there is no question that owners ~,
profit by that example and so ahe''
and do likewise.
We all must make certain satl'
flces to get things started again; :
1t right that lawmakers Should hes,
tate to set the example by using fupe.
already appropriated for the speet.'
purpose when by SO doing they VIE
hold one of the greatest aids 10 owe.
coming the depression and disorgsp'
cation that are appalling to con'eG
plate and which are fast becoming -
accomplished fact in this country.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Bought When Nobody Wanted
10 Be an Owner and HELPED
Turn Ebbing Market

which found that it was good business
to buy their premises to assure a loca-
tion in the old district"
The changed condition is amusing to
Mr.. Cullman when he recalls that it
was only few years ago that Water,
Front, Pearl, South, Burling Slip and
other streets in that section had no
place in the buying market. No one
wanted property there. This condition
might be attributed to the fact that
a lot of property there was held by
folks who had no particular interest
for the old district. "They were what
| would call obstructionists," Mr.. Gull
man said, because they would not sell
nor rent nor build. Other sections
pushed ahead while this section stood
still. In standing still it lost value.
have bought property here for much
less than it sold for say fifty years
ago. Even present day prices are in
some instances below the prices of half
century ago. Nowhere are prices
much above those of the DAYS when
the section was the centre of large
American merchant marine firms which
sent the flag in every par. of the
world
business interests are coming to
reailze tins. 1t will be noticed that in
the last fifteen months the sugar and
coftee interests have been consistent
buyers. Properties have been bought
and sold several times in a few months
each time at an advance"
This is going to stop eventually. Mr.
Nullman said. The possibilities of
speculation for the real estate profess
s'onal are reduced every time prop
erty comes into the hands of bus;-
ness concern because that marks the
end OF the speculative career of tho
parcel. 1t is the home of the buver
ana Will continue to be so, SO long as
Vhe banking centre, and the insurance
centre, and the Custom House remain
where they are.
Values are bound to increase" Mr..
Cullman went on. 81 do not care what
you buy or what YOU pay for it to-day.
you viii be getting it cheap. Scarcity
OF property and business premises are
the best surety for higher values.
The value of the old district was
always clear to ME as daylight. l
think lot of folks were asleep or
else they had no confidence in the won
dertul business expansion Of the city
as result of the war. They could
not help but sec that this forgotten
district would come in for share of
this prosperity"
Mr.. Cullman said that he had ac-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
By Douglas L. Gilman

It seems only fair to the tenants in
high class apartments on the East Side
to explain to them more fully the
necessity for the increased rental
which they are being charged from
next October for renewals of their
leases.
Fortunately, the great majority of
these tenants recognize the justice of
this increase, but there are a few
dissatisfied ones who attribute it to so
called "profteering" by the landlord
without stopping to think very deeply
about the matter, they assume that
the landlords are grasping and rapac-
lous, and because there is no building
OF new apartments, that they are tax
ing advantage of the situation
OF course, the lack of new buildings
and the consequent temporary excess
of demand over supply is a contribut-
ing cause of high rents. This is simply
the working out of a natural law and
when conditions become more normal
IN the building trades, will result in
many new building projects which will
feileve the situation and the time may
come again when the tenant is in the
saddle.
Owners Have Their Day
We have never found when the stu
a'on was reversed that the tenant
showed any mercy to the landlord. We
cannot imagine in the case Of an er-
cess supply of apartments, the tenant
saying to the landlord that the rent
ne was paying was fair one and
a''nough he could obtain a better
apartment elsewhere for less money
ne would continue 10 pay the old rent
70 the landlord. We have always found
the tenant in such a situation takino
advantage Of it. asking for free ron,
or reduction, without any thought
OF whether the owner was SECURING
An adequate return for his money q,
not. Tenants have had their own wav
so long that perhaps they are tri4e
spoiled. They have almost ALWAYS
dictated to the owner in the past and
now that the owner, for the first time
- aoie 70 dictate 70 them, they show
very different spirit than the owner
dia when the situation was reversed
~ must be remembered that nor
coal, which IN largely used in The
heating OF these buildings, has in.
creased in price from 1926 per ton
20 over VI; that the wages Of elevator
nen, haiisaen, firemen, etc, have beer
doubled. Repairs Of all kind. incIt,d.
ing redscoration Of apartments, have
been doubled in cost. me tax rate
which a short time ago was $40 Der
s1o0s has now become 1886. Labor
besides being higher, is less efficient
In summing up the situation. there
~ no doubt that IL the landlords were
not sbie TO raise the rents. as they
IRE doing, that the increased cost OF
operation would wipe out their equities
and numerous foreclosure proceedirv,
would regsit. Further proof OF tEe
u9aairness Of the charge Of profiteer.
lng esD be found In the fact that htef
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23

Real estate has two tides, an ebb'
and a flow. and what goes out always
comes back. Values are returning
now, Mr.. Cullmn said. This is no.
iiceable in various parts of the city.
II is particularly noticeable in the
business sections. The situation dawn
town makes for higher values and Mr.
Cullman is of the opinion that present
price demands wcill never be lower
There is everything to indicate that
fec and space values will move up and
up, and anyone who is contemplating
investment, should not tarry long. Ten
years will find the old district a very
much different one. 1t will be the
home of the largest business concerns
In the country. The structural appear
ance will be modern and it will be next
to impossible to buy or get business
premises on a rental basis there.
Mr.. Cullman said that he had
watched the district for years and it
always will be a mystery to him why
its possibilities escaped the attentian
Of the Spectator in real estate for so
long a time. Contrary to a belief in
real estate Mr.. Cullman is not pro-
fessional real estate man. He is an
importer of tobacco and the leader in
the Sumatra field. His name is known
in every tobacco market of the World.
His business is tobacco and his hobby
real estate.
Mr.. Cullman made his first real es-
tate purchase about twenty years ago.
1t was not until about four years ago,
however, that he became a recognized
figure in the downtown real estate
market. To him is given the credit
for the revival of real estate Their. His
activities in the lower city, it has been
said, encouraged investment in other
sections. There is no doubt about the
claim that he was responsible for the
Come Back of the old shipping section.
In the four years he has ben buying
there he has acquired about s5,OOO,OOO
worth of property. Mr.. Cullman has
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
X ents Opposite
Federal Reserve Site

Adolphe Schwob, manufacturing
Jewelers. has leased from May l,
through the Charles F. Moves Com
pany' for twenty-one years, at an
aggregate rental of about $3.50 900. the
hve-story building at 45 Maiden Lane,
covering 200 square feet. Extensive
Improvements will be made and the
i19 named the Schwob Building
Inc location is directly opposite the
sue or the Federal Reserve Bank and
Mas mas purchased few months ago from
Noyes Company. VIZ
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Joseph f. Cullman, Tobacco Mer-
chant and Realty Investor,
Confident of Big Advance

Joseph Culmn who has been making sensational purchases
property shipping
the the establishment wseacres
regarding the future of
properties
hadb
of he
think He saws one
talyuavs hack
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23

dred tenants on this property.
The coming of big business into
shipping districts, as, for instance, the
New Jersey Zinc Company, which came
from the Forty-second Street district.
forced many to relocate. The renting
rates reflect the situation we'll. The
value of premises has increased from
80 to so per cent. The question is,
Where is business going to go? The
situation has been brought forcibly to
the attention of number of concerns,
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23

has lately been advanced for discussion
and investigation by the Advisory
Council of Real Estate Interests. 1t is
TO prevent the wide variations CASUALLY
increases, of course) in the tax levy
on real estate by establishing normal
rate for taxes on realty and other nor
mai rates on other large sources of
revenue, such as general income and
business taxes, and then provide that
II future increases in the budget be-
come necessary the rates on all these
sources shall be increased in like pro
por'ion. thus, improved real estate is
accustomed to pay at least 80 per cent
of its income in state and local taxas
80 tar as 1T is required to pay more. to
that extent is the public injured. After
deducting the special revenues of a
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23

tinued. He said that he had knowledge
of several projects that are awaiting
the return Of normal conditions. Four
OF them are enormous projects, he said
I'm the next ten years the entire
section will be reconstructed. The &C
QUESTION .of the Nassau, William,
Maiden Lane and Liberty streets block
for banking building means that the
space situation will be made more Sc
rious by the disturbin of several hun
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Many Proposals Which Sound Well in
Practice Would Hamper City and
Would Place Unequal Burden
By Leo Day Woodwork
Secretary ADVISORY Council of Real Estate Interests

funds covering accumulated deficits"
This brings out the further point
against pcgging the rate, which is that
unless accompanied by sound extern
sion of the tax base so as to take
up the slack" the day of accounting
is only postponed.
This remedy, in short is an effort
to put the cart before the horus, SO
far as its advocates believe that by
reducing revenues las would be the
effect under the bill pending in the
New York legislature we will stop
expenditures. Appropriations come be-
fore and not after the revenues
az debts will not be repudated, our
politicians can continue to enjoy their
stipends.
A proposal evidently new to taxation
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Brown Sells Two
Apartment Houses

Frederick Brown has sold to Rem
Jam1n koplowitz the fve-storv anart-
ment at 1889 lntervale Avenue. and to
Alfred Oliver, sos and SOB West 1o9d
street, a six-story elevator apartment
mouse on plot 50x95, between Broad
way and Amsterdam Avenue. In part
payment the buyer gave an estate at
erty, consisting of fortvAfve acrns
with residence and outbuildinrs
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
to 20 Wrong in Real Estate at Present Prices

their own occupancy which will be per-
manent from all indications.
II know of five concerns which have
plans for important structural develop
ments of a nature which stamps as per-
manent the occupancy Of these con-
Germs. The sugar, coffee, chemical and
exporting and importing concerns who
have purchased property here are not
planning to resell at profit. No, they
have bought because the location is
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23

adaptable to their needs. Therefore it
is business necessity with them that
they remain. You cannot tempt them
with profit. This is a condition which
will be found as far west as William
Street.
"If it had not been for the war,
which stopped building and made con-
structive costs prohibtive there would
have been much building downtown in
the last few years." Mr.. Cullman con-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Edgemerc Crest House Sale

Edgemerc Crest, Macmillan Morgen-
THAI, president, has sold a dwelling
on the westerly eide Of Beach goth
Street, Edgemere Crest, l.. J.. to Mrs.
Jennie. Schustcrman. The property Ia
located 1870 feet north Of Edgemcre
Avenue. The size OF the plot is 40 by
10 feet. The purchaser has bought this
property M an Investment. Adolph
Schulz negotiated the sale.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Banner Buys Tall
82nd Street Apartment
David Dows Parts with East
Side House Held
Since 1913

Douglas l.. Gilman & Co. and n. A..
berwin & Co. have sold for David Bows
to s. Morrill, Banner the nine story
brick apartment house, on plot 75x
lo2.2, at 122 East Eighty second Street.
MS property has been held by MIR.
Dows at s35o,00O, and was sold to him
by Mr.. Gilman in 1919.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Newark Site for Garage

Edmund n. Todd. Alexander S. VS.:
and Frederic r. Pitch. executors 81 -.
trustees OF the estate of Abraham ~ %;
Wrinkle. have sold the plot 9S ana Z
Centre Street, having frontage !,
90 feet and depth of 200 feet n, ;
Theodore Bernstein and Peter rs.s
CHA. who will erect tireproof gsiss,,
on the plot Louis Schlesinger W. !,
negotiated this sale. sold the pio.a 1
Mr.. Van Wrinkle on November 80, i'''
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
utard House i'm New Hands

NJ, q. Fl. Weisker has sold for the
" " heeier Realty Corporation to NJ. B.
ncrowitz the old utard mansion. on plot
al SIX lots on the west side of Popham
nisenue, eighty-one feet south of Pal
VIII make extensive alterations. WV
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23

Douglas l.. Gilman e. Co. have sold
for William S. Hawk and j. Edward
Nealy. trustees, to James s. Wright, 5
East Forty eighth Street. four story
and basement brownstone remodelled
property which Mr.. Hawk altered some
time ago for The Little Shop. This
property has been held by the sellers
at $4,000 1t is &c by 1905 feet.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Resells Harlem Apartment

The Mason Realty Company has sold
the six story elevator apartment house,
known as Lenox Hall, at 101 to 105
west ll2th Street, northwest corner of
LenoX Avenue, on a plot l00x90.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Much Buying i'm Bay RIdes

The Bulkley & Horton Company "a
sold $50 Eighty-eighth Street. be..s1l
Ridge Boulevard and Third Ayengs'
two-family brick dwelling, for n IN,
Bickncll. The brokers have mFde 81
other sales in this block ins ths =
two months.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23

Fisher and Irving I. Levine have sold
the southeast corner OF Bryant Avenue
and 17eth Street, an apartment with
stores, on plot 45xl00
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23

These are not few buildings used
because they proved my point, but are
examples picked at random and show
concluslvely that in spite Of the in
creased rents the owners income is
seriously decreased. In most cases the
increases planned from next October
do not even Offset the loss Of 1918,
without any consideration 10 the fur
Their increase in cost Of operation.
III due consideration is given to
these facts and study made of the
situation, ] feel sure that our law
makers at Albany will not attempt to
fix by law the question of rentals, but
Will allow the natural law Of supply
and demand to control Any attempt
10 hinder the action Of the natural
law will surely result in disaster and
such action is certainly unjustifled.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1919-02-23
Says Tenant Must Bear New
Burdens of Apartment Owners
Not ''Pro6teering'' Agent Explains; Increased
Rentals Do Not Offset Larger Expenses; Tenant
Now Taking His own Medicine

class apartment buildings have never
been offered for sale at such low fig
ures as they have been in recent
months, because of discouraging net
results obtained from rentals
Decreased Incomes
AS to the facts, which after all are
important to disprove the theory of
profiteering, we would cite few ex-
amples of the operating results in
1918 Of properties in our charge:
Thirteen-story apartment house on
Park Avenue corner, in the COS
Operating expenses increased. . S3173.3l
Taxes increased. ................... 2,174.O0
Total increase of charges ...... s5,34731
Rentals increased. ............... 81 ,3S7.46
Decrease in owners income. SO $50 50
Prominent Park Avenue Building
in the SOS
Operating expenses increased 500. 81 .oO1.G1
Taxes increased. Observation-Disclosures. 1855. 90
Total Increase of charges ........ s5.7S6.c7
Rentals increased. 81 436. 04
Decrease in owners income. 800. 81 $50 63
New ninc-story apartment house
just off Park Avenue
Operating expenses increased. s6.324.3l
taxes increased .....'..,,.....,.- l.l5G.00
Total increase of charges ......s 7.4SO.31
Rentals increased. ................. $2254.76
Decrease in owners income. ..... 1926. 80
Nine-story apartment just off Park
Avenue, built about six years ago
Operating expenses increased. $50. s5,sO7.57
Taxes increased. ................. $1,000
Total increase of charges ..... s6.2b9.57
Rentals increased. Observation-Disclosures l41563
Decrease in owners income .... s4.s4a.94
Ninestory building just off Park
Avenue, about ten years old
Operating expenses increased s., 800. Sc
Taxes increased. ............. $500
~ ,osai increase Of charges s4,71S.5s
"entais increased. .......... 758.03
Decrease in owners income .... So $50. SO
The Lexington progress. (Lexington, Tenn.) 1884-current, 1919-06-20
BENNETT & JOYNER
The Huns Signed - :.
Last Saturday2W ROADLAW.
The German representatives ale page)
r,ith the allied and associated -
signed the peace treaty l1nent an

- Ina cts o. me county and shall have general superv
al repairing the roads, building roads, build
bridges all other matters High
Commission shall have the control and direction the work house at
fairs of the county, the directing of the work of the county prisoners while
working county the county and shall be
oda all work house property and all machinery wagons teams nipple
mns belonging to the which be hereafter
quired county they shall be the purchasing for the
buying supplies for the prisoners and teams machinery and
equipment implements and articles for connection
with the and bridges and for the buying of all
materials which be needed connection with such work They shall
further the make for ard behalf the
county employment other
be used connection with such highway and bridge work. and
they shall have the durse highway and bridge funds which
to the county, except may otherwise be
provided by this Act
SECTION 5-Be it further enacted That the Highway Commission
employ suitable direct the road work of the county, and they
experienced engineer and they
employ competent experienced their The
duties the Supervisor shall be under the direction of the Highway Commits
Supervisor shall have make contract binding
county the Highway Commission without the written
Of the Highway Commission, and he shall have power to
road dsb funds of the county
any purpose The Supervisor shall be the representative
the Highway Commission and his Of service shall be at their will and
pleasure The be paid the Supervisor shall exceed 500
pei MONTH and his actual and necessary expenses
SECTION 6Be further enacted That shall be the duty of the
Highway Commission have all public roads, cuvert bridges
of the kept repair such the funds for such
provide and be done the most economical possible having view
and lasting Improvements shall be their duty have
much work possible by the work house and and they
shall also exhaust the work the road hands who do commute by
ng cash They may purchase other teams machinery wagons and equip
employ labor operate do the work with
these the work by by
letting responsible they may employ
hands both, by the day have done
All shall be the according the
specifications Supervisor payment
material shall be paid until the has been inspected and received by
che Supervisor and approved by The Highway
Commission shall keep all the of the the
state of 1t is practical to do
SECTION BE further enacted prisoners,
and equipment owned by the county shall be kept work
making system of graded roads for the county when
thetl in doing work.
The Commission shall designate shall be graded from
time of all he
When roads graded the Highway provide
dragged they may they
prvat,
SECTION SBe further Highway Commission
shall have authority purchase necessary machinery for the
working of the shall control
Of prisoners and
employed the
work of said prisoners
But the expense guarding working prisoners and keeping the
The Lexington progress. (Lexington, Tenn.) 1884-current, 1919-06-20

Highway Commission The District shall be authorized
the Highway
their respective districts the roads which they shall
supervision and what hands be assigned for their work. when
have been appointed by the Highway shall
suitable times for work. the hands who
their respective roads work the
his District the and
the date DONE other
road bridge other work who shall have showing
material furnished where said actually
the material has not been actually furnished shall be guilty of
and fined not less than $4,000
shall execute their the Highway
him for his district and he shall
and failing refusing
into his shall be guilty
than $4,000 than $4,000.
The said District Supervisor recommendations to the High
Commission for the expenditure of the funds
from the collection of commuters, expended
the District from which Supervisor shall
order binding on the county
SECTION 17Be it further enacted That person
liable road duty and who shall fail
qured by the of this warned