Omaha daily bee., 1919-10-12
Harvey Street, Boosted as
Logical Location for New
Auto Row, Developing Fast
Property Which Was Three Years Ago Selling for
5000 to $3.50 Per Front Foot Today Is Listed at
From $3.50 to $500 Per Front Foot-No Telling
What 1t Will Be Worth Three Years From Now

Wen move on down to Twenty
eighth now. This corner, gentle
men, | consider the best automobile
corner in Omaha; in fact, I have
been preaching it for six years. You
see it's level here; Twenty-eighth
is the best cross-street between
Twenty-fourth and the boulevard,
and gets lot of traffic going north
and south. | tell you this is a real
corner. That fine building on the
northwest corner is the new home
of the Paige. Kind O fancy, but
that's the way it should be for "the
finest car in America"
The northeast corner is a monu-
ment to Spike Kennedy; you know
Spike and his associates have quite
a lot of property along here. The
building is occupied by Carl
Changstrom with his Westcott and
Allen cars.
Thought 1t Was Lemon"
The southwest corner is still va
cant you notice. 1t belongs to the
Nebraska Wyoming Investment Co.,
Con Young and Wink Doherty con-
troll it. I sold it to them in the
spring of 1917 for $500 foot. When
we got into the war the boys
thought for while they had bought
a lemon, but l doubt if you could
buy that corner today for $1,000
foot. ! understand they are ready
to build for someone who will take
five-year lease. You know they
built for the Packard.
Those two garages there on the
west belong to Noyes- Killy COM
pany. ! sold them "a feet running
through to Dewey avenue just be-
fore we got into the war. They let
It lie until the spring of 1920 before
building, but in the fall of 1919 they
came around and bought Is feet
more from me so they could build
two garages. l got $500 foot for
that Is feet.
That garage west of them belongs
to me. 1t is 47H by 100 feet. ! Of
fered that ground in 1919 at $400 a
foot, but failed to get a buyer for
it, so when Noyes-killy built in the
spring, l built at the same time and
we used party wall. ! just closed
new lease yesterday on a ground
valuation of $500 a foot and am
mighty glad l didn't sell in 1919.
Notice all those nice garages on
the north side of the street. Every
one of those fellows have moved
over from Farnam in the past two
years and are paying rental on a
valuation of 5000 to $500 per foot.
They finally woke up to the fact
that Harvey has it on Farnam as an
Auto street regardless of what the
ground is worth. They could have
closed leases in 1919 for just about.
half what they did in 1921. Z
Never Expect to Move.
Let's stop here by the filing sta
ton and take look at the property
south of here. You see a garage
here and there. Well. that ground
is worth about $50 or 500 foot and
several dealers have bought lots on
which they expect to build garages
to house their service and repair
departments when business out
grows their present facilities. They
never expect to move their sales
rooms again. ..
Well drive on to Park avenue
now.
You notice the southwest corner
here is vacant. Well, that belongs
to me and is the only speculative
piece | have left. I've had chances
to rent it for a filling station. but |
don't like to do it. Pm waiting for
some good tire company, or battery
company, to let me build for them.
Of course, | would sell if could
get my price. / offered it in 1919
| for $500 foot, but as it is only
sSxo8 feet nobody grabbed it.
Looks like they were all moving
to Harvey, doesn't it? Do you re-
member in one of my letters back
in 1916 l told you that Harvey was
the logica. location for the Auto row
and that the logical thing usually
happens?
We will turn around now and I'll
drive you men down town. it will
only take five minutes. Maybe Mr..
Morton will tell you fellows about
what time he had getting the new
Twenty-fourth street Plaza for Us.
Seems queer, now that we've got it,
that anyone would oppose such a
move, doesn't it1
Well, here we are at the Athletic
club. So long fellows, hope you've
enjoyed the ride.
| GUY LIGGETE.