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Newspaper
New York Times
Location
New York, New York, United States of America
Date
Jul 05, 1908
Page
18
A cautious market report notes limited sales beyond the City Investing Company deal for Riverside Drive and 85th Street. Mortgage money loosens, Equitable Life faces skepticism over its 909 foot tower plan, and a taxpayers group backs budget scrutiny for 1909.
The notice catalogs daily sales from July 6 to July 10 detailing multiple properties. Dwellings and tenements across St, Lenox Ave, Avenue A, Pleasant Ave, Central Park West, 3rd Ave and more led by referees and mortgage notes, with amounts due ranging from about 2,249 to 57,490. A Saturday on the premises sale of 920 lots at Belle Harbor is noted.
Jamaica Estates announces multiple recent sales including plots on Midland Parkway to Radnor Road and Tudor Road near Tryon and Aberdeen, plus corner plots on Avon Danny Roads. Garden City Estates sells villa plots at Whitehails Boulevard Stratford Avenue and Brixton Road parcels to several buyers. Elmhurst Heights sales list plots for Norton Harley Thompson Tilton and others along Colonial Parkway Penfold Road Woodside Belmont avenues.
Amer Real Estate Company's 22 two-family houses on Faile Street in the Bronx drew strong demand with only five or six units unsold since Feb 1. Proximity to Simpson Street Subway and investor advantages boosted sales despite mid-range prices for two-family homes.
Richmond Hill Queens sees strong real estate activity with 2000 new cottages in two years. Population 25000, 10 schools, 7 churches, plots 40 by 100 feet priced 500 to 3000 dollars, houses 3500 to 20000. Reeves and Co. to lead publicity to inform New York public.
Fease and Elliman list leases for numerous Manhattan addresses. Notable tenants include William M. Richards at 310 West Ninety First Street, Mrs. A. D. Cheever at 40 East Thirty-fifth Street, and Arthur C. James at 140 East Fifty-third Street. Other lessees cover 17 West Eighty-ninth Street, 15 West Fifty-eighth Street, Henry O. Havemeyer Jr. at 120 East Sixty-fifth Street, and more across Upper East and West Sides including 534 West End Avenue and 232 West Seventy-first Street.
President Ralph Peters of the Long Island Railroad critiques Queens Borough officials for shifting costs to the city as he details a comprehensive grade crossing elimination plan. The proposal estimates 4.59 million dollars in total costs with the city’s share 590 thousand, aiming to boost rapid transit and real estate values and tax revenues.
An estate official reports 3 107 071 dollars in property sales over the past year in Long Beach. The boardwalk reached two miles of its four and a half mile steel and concrete span with near 600 000 dollars spent. Foundations are laid for an eastern hotel to replace the burned one and a second large hotel is planned. Buyers last week include George McCullen David Meyers Mrs S G Thompson Ferdinand L Haber Anthony Kennedy Theodore Evans Emanuel F Da Costa John Bergonzi and O C Cody.
Rockaway peninsula shifts from day resort to thriving year round home region aided by transit. Belle Harbor sales by Josep P. Day total over 2000 lots with 250 more expected next Saturday. Restrictions until 1926 require two story private dwellings costing at least 3000 occupying full lots with specific setback rules. Listings cover Washington Newport Norfolk and Essex Avenues and Barsle Drive.
Bryan L. Wennelly will sell the Ocean Park Hotel at Long Branch New Jersey at the northwest corner of Ocean Avenue and Broadway facing Ocean Park and the Boardwalk. The hotel has sixty seven rooms and rests on a plot 113.1 by 128.6. The auction is on the premises at 3 P M on Saturday July 18.
Garden City Estates reports a surge in building as electric service extends to the Garden City branch of the Long Island Railroad. Timothy L. Woodruff began a $40,000 residence on Stewart Avenue designed by Augustus N. Allen, with plans for landscape gardening to create a premier block. J. J. Collins plans a $20,000 fireproof concrete home on Stewart Avenue. Sales in the last quarter exceed prior records due to improved transit links to Manhattan.
The Standard Lind Development Company bought a large tract at East Linden New Jersey opposite the Standard Oil refinery area. Eighteen hundred workers are at the new plant, which will become the East's center for Standard Oil activities. Houses costing $2,000 each with land will be built on the Erst Inden tract to house planned families.
A five member committee will study transforming Plymouth County Jail into a theatre as part of plans linked to building a new jail. The County Commissioners have tentatively set the cost at 20600 pounds. Locals approve as churches and the armory lack space for plays.
The New York Times can be mailed anywhere with Daily and Sunday Editions at 75 cents a month and the Daily Edition at 59 cents a month. Submit orders through the local newsdealer or at The Times offices on Spruce Street or Broadway. Call 1000 Bryant for details.
Crowds gathered in Central Park to view about 18 000 rhododendrons planted along the east bridle path from Eighty fifth to 101st Street by Mrs Russell Sage. Drought and heat dried leaves but Park Commissioner Smith ran a water line for four nights and recent showers helped. losses are estimated around 1 percent.
In lower Manhattan two cases show old adjacent buildings settling when new tall structures rise. The Haight Building near 158 Broadway settled two to three inches on its northerly side despite underpinning, cracking arches and stopping windows. Similar issues occurred with past projects, attributed to sandy soil and shared foundations.
T. B. Ackerson Construction Company developing the Bay Shore property on the Great South Bay plans a summer publicity push. At a Crescent Athletic Club dinner Ackerson said he purchased two zebus, sacred cattle, sold at a Central Park auction, to join the Brightwaters zoological exhibit for the public display.
The McKnight Realty Company sells fifty additional lots in Dayside Flushing to the Lawrence Building Company which plans to construct twenty five houses. J I Lawrence notes falling material costs and widespread high grade labor availability, urging timely action while conditions favor construction.
The Board of United States General Appraisers ruled on an import by L W Levy & Co involving feather bags with opera glasses and accessories. They dismissed the claim that duties should be 6 2/3 percent under a tariff provision, upholding a 5 percent levy and overruling the importers' argument due to value and identifiability issues.
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