The New York herald., 1922-07-31
'SO,pOO N Y. HOMES
PLANNED Since JAM
I Contractors Become Opti-
mistic as Labor Situa-
tion Improves. VI
ACTIVITY IN SUBURBS
With Heavy Construction,
Brokers Expect Lower
Rents in Fall. u
1907 BROOKLYN HOUSES
This Is Double the Number
Planned in First Half Of
Last Year.
1907 BROOKLYN HOUSES

Buildings to provide homes for Co.,
os1 families in this city have been
planned since New Years. according
TO the latest figures obtainable from
the bureaus Of building in the five bor-
oughs. An estimate of the growth of
the city's population during the pres
ent year, prepared In January by the
Bureau of Vital Statistics, shows that
Approximately s7.S79 persons were ex-
pected TO be added to its inhabitants
in 1929. AS statisticians figure five
persons to family. the approximate
need of the city is to be quarters FOR
1876 new families. On the other
hand, many of the buildings planned
this year will not be ready for occu-
pancy before next spring and there are
always possibilities Of strikes. delays
In deliveries and other troubles which
cause postponements In completing
new structures of any class.
Not until last October had any sys-
tematic attempt to calculate the num-
Der of housings being provided In
structures under construction In this
city on certain day been made. A
survey of conditions in the several
boroughs started at that time for the
Building Trades Employers Associa-
II ton by the superintendent OF the bu-
reaus of buildings showed that on June
80 homes for 3s363 families were being
erected in the city In contrast to abid-
ing places for 26,760 on December 81.
An encouraging feature of the stu
alton and one tnar allays to a great ex-
fent fears Of contractors mat they will
be unable to complete buildings which
they have agreed to turn over to their
owners ready for tenants on definite
dates is the better atmosphere which
surrounds the local building labor situ-
alton. Builders are more optimistic and
report that the scarcity of workers in
trades most important to the structural
interests Is less acute. Their hopes are
strengthened by the recent announce
ment Of F. Paul vaccarelll. president OF
the New York Labor District Council.
that the differences among common
laborers in the building trades because
Of dual unions. had been adjusted.
Latest reports from the material mar
,kets indicate that the shortages Of GER
lain lines have not affected prices as
yet and architects and engineers expect
to be exceptionally busy this autumn.
although they say that residential work
Is slowing down.
Rent Declines Expected.
4 In view Of this information no alarm
over housing shortage need be felt and
no consideration Of the number Of faml-
lies which the building boom that Is go
ing on in the suburbs will furnish homes
for has been taken in this resume.
In those sections most suitable for
apartment house development the buzz
Of steel drills and tapping Of masons and
7 the chipping Of stonecutters mingle with
the other noises Of a great city. In the
outlying parts of the metropolis and it's
surrounding committing zone masons
and carpenters are playing symphonies
with trowels and hammers. That music
brings Joy to the home hunter who may
be paying rent far beyond his means.
Brokers declare that In many districts
there will be a slight fall in rents in the
older buildings next autumn. The lower
values, they say, will not be what the
public expects. but they declare that the
!. corner has been turned and a downward
: revision is In sight
In the upper West Bronx. Brooklyn,
Queens. Richmond and the counties iy-
ing next to the border line of the city "a
remarkable movement In the erection of
two family and single dwellings is In
rapid progress Naturally 1t has been
stimulated by the adoption of the tax
exemption ordinance affecting new resi-
dental construction.
Speaking for The Bronx. p. J. Reville.
superintendent OF the Bureau of Build
ings Of that borough, said THE normal
increase In population In The Bronx will
in 1922 approximate $4,000 persons and
1000 living apartments will be required
->r6 house them. AS nearly double that
number OF apartments and dwellings are
being erected In the borough. II Is safe
TO assume that the housing shortage In
The Bronx will be reduced materially
during the coming year.
Brooklyn Building increases.
The number OF new residential build
ings, plans for which were filed with
EAlbert f. Kleinert, Superintendent Of
\ Buildings in Brooklyn, for six months
ended with June 80, almost doubled the
1921 In the 1922 period. applications
for 1868 buildings. housing 16.413 fam
files and having an estimated cost OF
s7S.914,090. were fled, In contrast to
LSuzans for 4.0f4 new buildings. to ac-
y Nymmodate s.643 families and cost of
S44.643, 200. fled in the 1921 period.
There has been big jump In new
two family brick houses. plans for 7s9
being filed In the first six months Of
1921, and 1853 in the FIRST six months
of 1922. Brick tenements also have
increased heavily. plans for 212 being
| filed in the first six months Of 1921.
and 525 In the six months ended with
\ juno 80, 1922.
Al In the first three weeks of July. 1922.
M % plans for 44g new frame and brick
buildings for residential purposes. to ac.
commodate SIS families. were fled. In
that time, plans for alterations to 231
residential structures for a cost OF $780,
71b we're recorded.
Home building in Queens Is more ac-
tive than II has been at any other time
since antiebelium days. The activity
ysshas come about largely through the
workings of tax exemption. Early In
1921 there was very little activity. the
speculative builders being In doubt as
ITO The wisdom Of making extensive In
..astments because of then existing con-
s.1ons In material and labor markets
fteal estate men In the Borough OF
f. richmond predict that 1922 will be the