New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-01-04
Builders Overcome Cost by
"Gingerbread' Construction
Expert Reminds Folks That There Is No Use
Evading the Issue; Good Houses Cost Money;
Skinny Building Is Not Fair to the BUYER

these alone, can the cost Of production
produced at a reasonable figure.
Coincident, therefore, with the or
ganlzatlon of the Garden City Develop
ment Corporation, we contracted with
the Hegeman-Harris Company to erect
our first unit of twenty five new houses.
an OF which are in course of compile
ton now. and being sold from the
plans.
The personnel of this, and our own
organization includes men OF high
standing, all of whom are experienced
IN real estate and building. This is
additional assurance that the present
high character of Garden City Estatas s
will be maintained and that with the
growth Of the colony to larger propor-
tons values there will advance to high
er levels.
In addition, there is the assurance
OF the we'll informed that building
costs. and house prices are "up to
stay" and cannot, unless existing con
dltlons are sharply revised, be further
reduced.
Labor and Capital Agree
The Ely in the ointment" of those
who in the recent past wished to build
but who dared not because of the I'M
certainties Of the labor and wage stu
alton disappeared recently with the
agreement on wage and work scale
reached by the labor unions, the En-
ployers' Associations and Councils.
rms pact fixed the wages and hours
OF labor for the year 1920, which is a
big step in the right direction.
II combined with little more eff
cheney, the greatr production quicker
delivery and downward revision of The
price Of materials, the agreement be-
tween the unions and the EMPLOYERS
should be productive of large amount
OF building activity during the new
year.
Final analysis Of the work and wage
scale adopted and study Of condi-
tlons in the material market lend but
small encouragement to the expecta-
ton that dwelling houses will be low
cred In price by the activities Of the
future, due to the improvement in
conditions
1t is all q question of Supply and
demand" and the demand to-day is Of
such huge proportions as to affect the
possibility Of the supply being in
creased for at least a decade in an
amount sufficient to bring it abreast
of the demand.
This is the only logical and true
answer to the question "when will the
price of suburban dwellings be low
ered?"
Higher Rents Are Coming
Residents Of New York, and in fact
every other city, town and VILLAGE
wherever located, must. become recon
ciled to the great change in conditions
that has taken place. They must be
prepared to pay higher rents, and
higher prices Tor their abodes. just as
they have become reconciled to paying
higher prices for food products, arti-
diamonds, and ali the long list Of ne,
cessities and Injuries they deem
necessary to their individual comfort,
and to the maintenance of their sta
ton In society
1t is, however. within the province
of every man to ut least exert GER
tain amount OF control over his ex
penditures.
With the idea in view Of aiding
prospective home buyers to do this, we
varying cost at Garden City Estates,
to those who prefer to build houses
from the. designs Of their own archi-
tects, and which It is our purpose to
help them finance, and to build at
considerable saving In cost Every de-
tail Of the work will be attended to
by our organization, the owner having
only to turn the key in the door when
the house is completed and the grounds
Handicapped.
In these two ways--by building
houses ourselves, aud by building to
order, for othcra--wc belisve we can
best servo the interests Of congasted.
despairing New York, and IN : meas
nre, add to the ~ present lamentably
ihsdsquats snppI of qualify kousss