Transcript
Page 1: ÖF BROOKLYN MR. MARKSSPEAI GOODOPPORTUNITY ON · organization many of the akoses ÍIUB which wenow suffer might he correetei and tnanv deairable sad easential endi accomplish«-«!

MR. MARKS SPEAION CONSOLIDAT

Says Plans Are UlWay Uniting BureaRelating to Realty

STAU ASSOCIATIO!EXPLAINS ITS \V(

Sends Mcssagt to Senate

tsscnbl) Members on

Legislative Aim*».

held a smokrant, in the Fark

. v.t. atI,rB» was the'larks stated

mon the wa*»e of go«7i and <

ad that thein. He call«

.....

denbt this- iiia'.cu. in answ

e of the menol:,\ not expectpart et the May

hat the planby the real estate and

it the eity.He v the s'.ite ass

. nd d progress it.' ar York City With a pr.! an twenty-five memhe:

a little over 1a«socn

.. af «».ember»ose of 10*15, in New

.omb. president of th«. reported on

<d atteiconference whic

. aainget vrefATtà

¦ of the asstr.sidcra

W. F Sil'.eck reporing the

..'e organ izat

to make f

A. M. Bier

second mortp.-. presented

g laws commit

the varimenta engaged

..» thisOUld be sent to

e associâtol New v

.: tne.r ass

the necessary lei

dent reported on behalfi mittee that wl

leady to tn a', this t:

.. communicationtäte Senate

g the work of| that there w

be talI by the as

D, namely:II

e and real estate cwn«of a model tax s

¦ m York «

ee of tn\th

I real est¡«rofessional ba

.f r."c«-. -aiy,g oí real c; t;

r DOWH real estiP.ockland

«ting w:e) ii

ick ofpropel

:, es wiiere su

Î:'or on«,-thirdh value in 1

« newly electarg, N. V., and

ght tl « ««-ope

lioni tu he»aid, ai

at 1

Yo

-aary 11, .,-d an ii

n the city'i tinanc«as i .i i »'ate a- i the ||

anee of a proper relationship b».'.-I i*s real e. täte me

BUSINESS SPACE LEASEfMany New Tenants for Loft

in Midtown Section.I have leased iit .fth hv. to Reicher

.*»'.¦ :««ft at 14 t'. &. Hhu; thW i Mth ht- t

I hreundlu-h «s | second loiat 37.", and 171 \\ I Hroadwa

igh t<« 61 and 63 Wooster st. tI >nn; the sixth loft a

.ri st. to the Wet«mpany. and the aixt

UM st. to Hei

H. Tvng, ¡r., & Co. leasec'.' I'hson av. and 26t

¦¦ William Wood |'. Fast lTth st. t

Manufaeterinstore, basement and firs

loft; at 31 l'f.irin .Square, additiona.. t«> the Patent I -mpany

hv., for Carsten» S¿ Lit.ii to F'olkard & Lawrence, wool

h floor; aiso at Broad-i av. and 20th st., space t«

Will «o.; also a

7 and I W« the fourth floo:thsaore Worsted Mills, and a

Fourth av for M. & L. Hess, tinI I »ry G'.od» 1'nion.

Salomon leased space atth«- « Seventh av

¡s HalukeasJ. O'Hearn and Michael J

.¦¡an; also at 9*5 Warren »

.i at;«! Samuel F:ngel;also at the southwest corner of 47th

and 1 tl a. to \. K. Tsanis, and. corner of 27th it. and

'¦ ii r Grossman.1 be D II A- Blown < ompany leased

' "pany the ground' the building at 007 and 60S*MStfa st.

¦¦on leased the atore andat Ml Third av. to Is'.dor

.»-'..aus».

SUBURBAN LAND CO. DEALSConcern Disposes of Large L.

and N. J. Plots.The New York Suburban Land < ¦

has sold in the 4th Ward, Borough<«! «Ju'«-« i, a plot 40x100 on Hale Place

i» plot 40x100 on Kin«-. und a plot iOOt

Park si to l: F i»-her-I it has sold

Willow i,\ to M. Allison anda plot 0«'x J¦.«« on Spruce av. to J. Mûr¬it

OFFICERS ÖF TUL BRONX CHAMBER OF COMMERCE

lO¿/.'S F_

WIM*1*; Cco'VsríLoe:,JOSITP"

Does*, retAsc/ez* PAVAS, P/Ç£S/DENT.JOMA/ Oer/ALVYOJerHj /Sr.V/CLZ PGCS «

ti. i>£ÍZALO<ZHAf>/A/, 2A?0 l//C£,P*?£.S. H Taylor ^EC/eerA/ir

No Selfish Motives CanRule the Bronx Chamber

It Officers Swing PoliticalAxes They Risk Los¬

ing Their Places.

NOVEL BYLAWS OFTHE ORGANIZATION

Représentatives Subject to Re¬call Views on Bronx

Needs and Growth.

The Bronx Chamber of Commerce i«:.-.e latest civic organization to takethe field in The Bronx. Its aim is to

foster the commerce, protect the inter-

erts and advance the improvement ofthe pre.-it and growing northerly bor-

Organized on the broad ground| the maximum confidence and

responsibility in the members at large,it has adopted bylaws for its guidance

embody features which are novel,to say the least, in commercial organi-

I'.s governmen is vested in a council

not dream tnem all day long.' Witthe co-operation of the busines« mr

and citizens of 'iie borough we hope tmake a record of achievement whicwill justify our existence."John C. Walwertk »ays: "An or

ganization does not make men; it develop» them. We expect the, Bron(hamper of Commerce t.« develo]latent talent for public affairs in th«business men of tnis borough, not onl;to their own benefit, but to the lastin-brnr-tit of The Bronx. We want on:

meetings to be an open forum in wfcldevery member will feel free to talkto argue, so that the result of oui

deliberations shall be truly representctive. Every member stands'on areven footing in this chamber, and hi«Views will be considered on thenmerits and the extent to which the>will benefit I'he Bronx. It is a lair

field, and no favor. All we ask is thatself-interest be subonlinaied to the

public inter. IH. Gerald Chapín says: "W ha', ap-

aeals to me most strongly in th«Brorx Chamber of Commerce is thaiit provides for absolute freedom of do-bate and is tnoroughly democratic. Thepeople of the borough need some sackmouthpiece. It i« a truism that thelogical «¡evoloapment of New York Cityis northward. In process of time we

are destined to take in the suburbancities of Yonkers. Mount Vernon andNew Rochelle, and 1 consider this lu«

attain those estimable ohr.-.-t» :«.

which tiio ekamkei was argaai tad"Certain it is that «with such ;ti

organization many of the akoses ÍIUBwhich we now suffer might he correeteiand tnanv deairable sad easential endiaccomplish«-«! "

The ekasaker h. had publiahed ir

pamphlet form a dig«revenue law, compiled bj Louis I*'Stumpf, eounsel oi ths organisationund is distributing copie, gratis to tkibusiness men of the borough

BUYS MONTCLAIR HOMEMrs. Barnaby, oí This City,

Gets Costly House.Title to the property at it« l.'.oyii

Roa«i. Montclair, N. J., formerly own..Iby Mrs. Dorothy I «¦¦«>. larcus,

sd last ,vei i, to M i « Ion see S.Barnaby, df tliis city, who will *.

her home. The sale was nrrgotiatedtiirough V II. Crawfey i Uros., ofIfontclai r,The property eoaaists of aa live

house of fourteen roomi snd threebaths, and has a frontfeet on Lloyd Road. It nda back tothe line of the Lssex County park res¬

ervation. The s,ale price is «aid to be.n tiie neighborhood of «-.>r>,000.

FRANK EBERHART AT HELMHeads United Real Estate

Owners' Association.The annual election of o'lirors of trie

United Real Kstate Owners' Associationresulted as follows: President, I-rankKherhurt; first vice-president, Henry

_-j

THE MARCl'S HOUSE, MONK LAI li, N. J., KKCENTLY BOltiHT BY MKS. I I.OKK.M K \. BAUNABY.Tin: i» in «ii ann mntfm \\i< ahoi t us nee

',iree vie:rer, cou

seilor si sell stan.: «¦ eleetithe flo«

to recall for derelictiontion ¦>' the chunib«offices for person

to the prej'i other memb1

wisdomeharaeter of the actic

t;iken by tlie chamber at any meetirbe questioned by any nine member

;.dum over their ei|01 at issue il r

ha full membership f<»sard vote. Its annu

du» s me |10.The chamber has committees on

nar.ee, publication, education, wateways, manufactures, public utilitielegislation, ts ration, celebration, parkhlghwu) public lafet) and health, reestate and building, and grievanceThe chairman of standing commute«choose the r ..s.-i.ciate committeemen.The chamber has met with public a|

proval from its inception, anil is grovlag in numbers. Its meetings are coidui-ted as an open forum for the d«bate of all matters of public interc:ii. The Bronx, and it invites sugge

I from citizens, which invitationmeiting with responses from varioiquarters.

Its offleen arc:Albert K. Davis, president; John (

iWalworth. first vue-président; H. lie:aid Chaplin, second vice-president

!.. ITlman, third vice-presdent; Joseph M. Taylor, secretary; J«seph S. Uobbs, treasurer, and Louis 1Stumpf, counsellor

II.: «. are the views of some of itofficer- us to the future of The Bronand the work of the Chamber oComn,-Albert K. Davis says: "Few com

munities sho»t of a Western boort«.wn have grown with the rapidity 0The Bronx. We estimât« its population today at ubout 64'»,000.

"There is a lull now in speculativ'building, but there is every evidencthat \\i i.ie entering on an era o

.substantial businesi development, a

witness the big department, drygoodi! furniture and other retail stores erect

thin the last year or so. N'ecesi sarily, a commut.ity as large as thimust be provided with all the essen

tials of a first class city. Husineiifollow» population, and The Bronx ibeconling, la thib respect, more an«

more independent of .Manhattan."The prevailing business depressioi

[ has not stopped the growth of popula'tion. end there is no race suicide nortlof the Harlem, so builder» must sooi

get busy again pioviding sdditionshousing accommodations. I look forv.jjrd denes to the most prosperene times the borough has evel

experienced, beginning gradually thuNear and growing in importance anc

volume. M the comprehensive eastcentral and v. e.'t transit extension!are opened up next year or the fOOtafter..Te attract this growth, direct it ir

or.«per channels and generally to pro-and ádranos th« busmesa inter*

»borough is the aim of th«Hroti- "' CsmmsrtfS Some

,,rg...' like some men. live a

life of going te do and die with noth-ing don«. "v» ¦ aim to 'do noble things,

ikle. i.ot only because the ëubwavBO« being constructed extend withi

f«BW blocks of the northerly city linits, and will give Yonkers and MouiVernon especially the advantage«- <

New York City's transit facilities, bialso because the excessively high ta

conditions of some of those communtie., notably of New Rochelle, wherin many eaees taxes equal II p«-r cer

.if the gross annual income from ren

als, render such a prospect highly disirnble.

"It is evident, therefore, that theiis a great find growing field for thBronx Chamber of Commerce. ThBronx is bound to expand and the inportance of the Chamber of Commercwill expand with it"

Louis r Stumpf says: "We all knothat whin we have a grievance and vv

go M an individual to the authoritwho can remedy it, we very seldom gaa hearing If, however, we go reprtsenting an organization of, say a thoimind men and present these grievancelo the proper authorities, WS stundpretty good chance of having thei

. quickly adjusted. Suck an organizitiun as ouris .s more or less necessaras a matter of protection, and will c>

art a poverful influence on the admirtstration of public affaira, which s

closely aTccCs the everyday life an

buainess affairs of the people of thj borough. The Bronx especially needluch a body. This borough has growwonderfully. Wherever you look yosee new industries springing up anevidence! of a great development, ilive organization like the Bronx Chamber of Commerce will serve as a guardiaa, a guarantee, no to ».peak, of protactioa to property and business interBStS in the borough."

Charles L. Ullman say*-: "1 havdone some berious thinking in connaftion with the reasonableness of thiundertaking. I believe that at thitime The Bronx is ready and preparedmany of our best men in the borougland men interested in its affairs, tband together for the purpose fowhich the Bronx Chamber of Commerciis organized, in which we may labotogether in active co-operation for furthering the best interests of The Broniand for the purpose of fostering it;development. There is a demand for i

popular and broadly governed busmeBiorganization, an organization for th«average busy man; there is a field foiauch a body, the worker» in which anactuated by a desire to benefit thiborough. It is a very worthy object, indeed, and »hould be encouraged. I prediet for the Bronx Chamber of Commerce a brilliant future. 1 look foihundreds of recruits when its purposesbecome known."Joseph M. Taylor says: "It is oui

desire to proceed along lines that willeatabli»h an ideal civic organizationan organization totally divorced frompolitics and having for its object th«advancement of the civic and commer¬cial interests of the county as a whole"The membership is restricted to in¬

dividuals the business and proiessional men of the community and nocorporation may be admitted to mem¬bership We are desirous of enlistingthe active support of the man himself."We are confident that a sufficiently

large membership will soon permit ofa body thoroughly repre»entative ofthe civ'c interests of the county, andthat, incidentally, a nominal fee will,

,\ with efficient management, enable us to

\

Rloch; second vice-president, CharlesW. Bidt; treasurer, 6. H. Hedde«sheimer; financial secretary, (ieorge 11.Heck, jr.; recording leeretary, EdwardW. I.eckerling. Member- of tke execu¬

tive committee George 11. Beck, sr.;Adolph Bloch. Edward hing«!, HenryHersh, Charles Sayer, Henry I'. Sehadt,Benjamin I! StraUSS, John Volz an«!Samuel Wollheim. Meniher« of thefinance committee U.lliani C, P.Frankle. John I.ucker ami Eraeal tí oik«witz.

RICHMOND TRACT SOLDProperty Comprises 51 Acres

with Fine Buildings.Perchral tí. ITlman, jr. of the

Princes Bay Realty Company, has soldfor Mrs. Bragaw fifty-OBS acres at An-nadale, in the 5th War«!, Richmond

< HAKI.KS I.. I'l.L.MWThird vice-president of the Brom

Chamber of Commerce,

Borough, to an investor from Pitts¬burgh. This property was owned andoccupied by William J. Rogers, whowas formerly president of the BordenCondensed Milk Company, of New YorkCity, for many vears. Mrs. Bragaw isa daughter of Mr. Rogers.The property has a large frontage on

the Aniboy Road, and Is well adaptedfor development purposes; there arealso a large mansion and outbuildings! on the property. Several other proper-tie» in the 6th Ward consisting of acre¬age, have changed hands «iithin thelast six months.

»

Buyer for Brooklyn House.1 he Bulkley A Morton ( ompany «old

141 liâtes a« Brooklyn, a four storymodern dwelling. Mal06 fiel. botWOOBfranklin and Clusson a'.s.. for At.meM. Naal to C. 8. Kne.

A MEMORABLE NIGHT SALEIt Was the Auction of FleetEstate Holdings Last Year.v raoet meet iful Innevatien in the

ho ding of auction tales of Brooklynpi opei -, ... m Mad« ai June II last,when the parrels of the F'leet estate

¡n the Bay Bulge section were «Ii

nos. «I of at a night auction sale in tue

mu le ball ei the Brookljm «Aea*lemy ofriie offering comprised -.'i lets

m Mth »between Seventh and Sixthav« and on Fifth. Sixth and Bar Ridgea . For the III lots the urn efIS6S.1M was realized, or about $1,210a l««t.The auditorium was packed to capac¬

ity, end Frederick B. Snow, «acting forMr. Johnson, of the .1ère Johnson, Jr.,«'ompany, under whose managemer.'the -ale was hellt, was the auctioneer.

II | highest pries puni for any singlooffering was tnfiOO, by Thomas EL Fur-roll, Brooklyn Commissioner of Jurors,fol the corner of Bay RidgSan«! Fifth av--.

STRIKES KEYNOTEOF CONFIDENCE

F. W. kavanaugh SaysProspect Is for Bigger

Realty Demand.Frederick W. Kavanaugh, banker and

manufacturer, el Woterferd, N. v., ¦*&.became heavily interested in Long Isl¬

and realty in 1914, a time of dull mar¬

kets, low prices and high interest rates,

is an optimist for 1915.

"Developers of large residentialin (¡reutet New Votk and vicin¬

ity," -a d Mr. Kavanaugh, "cannot help:it«n.' optimistic at the dawn of the

new year. Général business condi¬tions arc now in the upgrades, undthese conditions are already being rc-

n the market for securitiesbased on realty.

i,.,¡;. ii.iiuation points to an in¬creased demand for homes ana buildingplots. Kcal estate can never be affect¬ed long l»y financial depression havingfor. urn origin, and the investing public;- ¡earning the wisdom of putting partof its capita! into real estate and itjsecurities."The biggest problem that the realty

developer hue to meet is that oí tinanc-ing his property in order to improve it

lip to the market requirements. Thedormant investment market and the at¬titude of many lending companies dur¬ing the last year have made this prob-len I hard one. But those «levelop-

which have been able to meettheir interest end tax charges and con¬

tinue improvement work throughoutthese trying times merit the confidenceof the investor. And that the investoris in the market is proved by the grow¬ing demand for first mortgage securi¬ties we are experiencing."

Mr. Kavnneugh is president of theHoward Estate* Development Company.owner of Howard Beach BstatOS. a 300-ncre tract located in Queens, on Ja¬maica Bay nt the Bamblersviile andAqueduct stations of the Long IslamiRailroad.Improvement work at Howard Beach

listâtes has continued during the win¬ter, more then tOOfiOO being expendedin tilling, grading, cement curbing andpaving. Two cottages are in theprocess of construction, with four moreunder contract for erection in thespring.

SEEK COURT'S AIDOVER ASSESSMENT

Other Boroughs Benefited byStreet Widening, Say Wood-haven Property Owners.

More than 200 property owners inthe Weodhnven district of Queens,whose property is included within anassessment area laid down by the Com¬missioners of Assessment for the wid¬ening of Ashland st., have taken topato contest the action of the assessors

¦ad secure, if' possible, legal determina¬tion of the rights of property owners

in similar conditions. By order of th»»Board of Fistimate this s'reet was widened at a cost of more than $1M,000and a zone of assessment lias been laidout extending from Cypress HillsCemetery to Metropolitan av. for adistance of from UfiO to «'00 feet on

either side of Ashland st. Within thisarea is property of cemeteries whichn;< not assessed. This makes the bur¬den heavier on those who must pay.

According to the property owners,Ashlnnd st. was of sufficient width forall purposes of local traffic, but was

widened to sf<Temmednts through traftic from other boroughs. Sich beingthe case, the property owners declarethat without their personal consentthey arc now being asked to pay a pub¬lic improvement which will benefit thecity at large. In some cases it is de¬clared that the assessments which havebeen laid will bn eontiseatory of theproperty. An appeal is to be made tothe Board of Assessors first for relieffrom this condition, and then, if notobtained, action will be begun in thecourts. It is contended that no auchpower is given to assessors as has bcinexercised here.

Westchester Sales.Burke Stone. Inc., rented an apart¬

ment in Pondtield «ourt to William T.Hamilton, jr.; for Jonathan A. Moore,a house on Millard av., «Bronxville,N'. Y., to I'hilip Robbie; also to Ches¬ter A. Lincoln a house on Kossmoreav., Bronx Manor. Yonkers, N. Y., andfoi W. ('. Harper a house in Armour\illa Park to W. B. Kilbourrne.Joseph I.ambsden A Son sold the res¬

idence property at 16 Trinity Place,New Bochelle, N. Y, on a plot 60x157feet, for Mary Moresco to AugustusFimbury.

Apartment Leases.Pease it Llliman have let an apart¬

ment in the Marquard Hou.e, at oHthst. and Madison av., to Morn« ItVelchj furatehed in the Hereford, at10 We.-t Tilth st., the apartment of A.

I>. Holmes to Henrv A. Plavle; fur¬nished in 103 F.,i«t 7ôth st., the apart¬ment of F'rancis T. Sanford to Mrs. M.H. Cunningham, and in llti West 5'Jthst. to W. L. Bouse.

Investments Along BronxSubway $100,000,000

Figures Show Importanceof Transit to Borough

Development.

SUM SPENT INLAST TEN YEARS

Larger Realty Advancement Ex¬pected to Result from

New Routes.I .'¦ BB proper transportation

facilities are of para mount importanceto a community, without which its de¬velopment must necessarily lie dormant.

"¡- »r n.i.ny year» this condition wasexperienced in the Borough of TheBronx, when, with but one transit line

the Third Avenue Railway connect¬ing ir with the Borough of Manhattan,the development of the borough was

only mediocre in comparison with its¡development since 1904, when construc-tion work on the subway and elevate«!railroad to West Farms v/as begun."says Robert J. Morehead, superintend¬ent of the Bronx Bureau."The building of that line created an

impetus to real estate improvementwhich has resulted in a most remark¬able building activity, surpassing everyother borough in New York City endevery other city and community in theUnited States."The West I-arms subway and ele-i

vated railroad extends only 1.6] miles,Ior less than I per cent of the 4Ö8 milesof street.-, and avenues legally openedin the borough. .Still, over 1100,000,000has been invested in real estate im-

RECEIPTS BIGGERTHAN EXPENSES

Register Polak's OfficeHas Large Surplus toBegin 2d Year Work.

The first yearly report of Reg:-'errd Polak of Broas County show-

that the number of papers filed and re-

cor.led was 4*>.8.i0. There were 1,261tnortgnge--. The number of convey¬ances tiled was tjttS and chattel mort¬

gages 22,048.Folios were recorded to the extent of

provements alón «luring theIs *.".«1,0(10,000 ha.«

been inv.s'ed m all other section« ofthe boroagh «iirinf/, the same period.The statameat, therefore, « irrefutable,that the dereíoaaseat of a community

Mvaratd to s great extent by itsfacilities for transDortatioa."With that l'art in mind one is justi-

grtd ifl being optimistic of the futureof rhe Borough of The Bronx, as manyruilis of new subway.« and elevated

road extensions are now in courseof construction, as indicated in the fol«lowing takle of the nileage of transit

ihre of trolley liaes*I nder Construction.

Mi '«

Tlur'l a, ;,,,, i-iatru t,1 «,7 IMalta .. Klirr a»tt \

i i .>:\ .'¦:.: i « i

Hay. I.lj.-

,--i 4. JO,

Tran-.it Line« in The Bronx Now inOperation. Mi.«*

nu \. i.«..-- -auav ami elr««-r,i :i M

ter A I road « ISi.

¦

To.al .-4 H

"While the New York, Westehester.v ¡'.«««ton Railroad Is included in thelines in operation, its influence on thedevelopment of ike borough has thusfar Icen immaterial .«nd the HarlemRailroad, altkoagh in operation« is notgenerally patron. BS Its rates offare in the borough are high."Miuiv aaw improvements are e.v.-

pacted along the lines of the aawroutes, uarticularly along Jerome andWhite Plains are., where there are

numeraos large pareóla af undevel¬oped acreage, which reijuire onlv prop-

ransBortation facilities as an in- «

re for extiasivc buildm«; opera--tions." j

QUEENS RECORD-EXCELS 1913 MARK

Figures for 1914 Nearly$1,000.000 Ahead of

Previous Year.Jor.n W. Moore. Super.ntendent of

Buildings in Queens, reports that thetotal estimated cost of operations inhis borough for the year amounted to

I16.7264M, which was *,96'i,H.',3 in ex¬

cess of the operations for 1913. Therewere 4.Tl'0 permits for new buildingsissued in the year, which was an ex-

bf:<;lster edward polak of bbonx cointy.He has just isaued s report which shows lhat his office is self-sustaining in

spite of slim realty activity.

L'76,609, while the value of the consideration of conveyances totalled $»5,636,156. Mortgages to the value of $30,634,372 were recorded anil the mort

gHge extensions amounted to $13.0M0),110.The expenses »ere as follows:

«.f «.«¦!..«.! Arluilnlitrülon Utp*rti>irn* I'I 7«'> n'

Murtasai T«i l>ri*r«t-«fii .....» ¦'.»>" !"

K-.-rlii.» fuiloi. U.M3 1

h- . «t.»ÎÎO»l.seoo'i

. »IOS 437 11

Bf'-«ipts were:

M««rl«>«"i lit Htpmunl M4MMMMltctll«! .. Ire. .... tZWiiI» M rr.in« Km York ('entrai H«tlf...ul

M'.n«»«, in on tx>..J Imu« (e*tl-Uj«(r.l ..... IH.WM

) T..:». reeafeti 55 ¡M ««

After the declaiation of war a de¬

cided drop in business became ap¬

parent in th» Register's office. Thenumber of mortgages recorded in Julywas 1.1.'»»*., »nd tt»e mortgage indebted¬ness amounted to over $4,ooo,o«iii. InDecember Register Polak reports Hitmortgages and a tax indebtedness of$l,'J7o,S:',"t «i?. Notwi'.hstaniling thisfalling off in revenue, the office is nota burden to the taxpavers of 'I heBronx. The receipts are not only MÍ«ticient to pay all expenses, but to hu\e

j a large surplus.

cess of 144 over that of 1913, and therewere '..',927 permits for alterations andadditions, at a total cost of $1,280,941.which was an excess in permits of ISfand in estimated cost of S48,'!.'>.''.The gain in operations was in the

Long Islaad City section in the erec¬

tion of industrial plants and apart¬ments and tenements along the new

I ties of transit; in the Ridgewood sec¬

tion in the erection of tenements dueto the improvement of transit facilitiesto that section: in the Woodhaven dis¬trict in the erection of detached dwell-ing« in anticipation of the enlargedtransit facilities to Jamaica, and in theCorona section ¡n the erection of tene¬ments and store- «lue to better connec¬tions with Manhattan both by trolleyand the railroad. The report of CountyClerk Leonar-i Ruotf show.« that duringlaid there were recor.led ll'.TOti deeds,.'Til leases, .),.">*)1 mortgages and 5,04-a«Mgnments of mortgages. The totalof deeds tiled is «ner iÜ more than theprevious vear. and the excess in con--,«I« ration, winch has to be computedbacaafe many deeds do not expressth«- roaaideratiaa. i« more than $&oo-oiiii over that of the previous year.Daring th« mourn of Daeeasker, 1914«there were h"4 .¡,.«-ds r«.corded anil 544ni««i tk'iiue-, skerwiaa no diminution of

I OPeratiOBI for *he close of the >car.

BROOKLYN OFFERSGOOD OPPORTUNITYJere Johnson, Jr., Tells of

Districts Where LotsAre in Demand.

RAPID GROWTH OFFLATBUSH SECTION

Thirteen Years Ago Lots Soldfor One-Tenth of To-day's

Prices. He Says.eneidonUi Inters« has beta ««traded to the section of Broo«,.."

be opened by the Sea Beach ,u*-,'

line ss a result of the announce«»..of the auction sale of seventy-**, Ú'.'to be sold at auction by the Jere .'oh

'

son, Jr., Company on Tuesday V..-,leg, January It, a* 7:« m»¿J. **

the Brooklyn Real Estate ExehV"salesroom.Tbe<e lot« ,-,ic m H«Jtn u. Weit S-

and West 10th Its and on Avena, fThe lots are only a few hundred ttrnfrom the Sea Beach 8ubw,v hrtThere are to be stations at 8»*th ,-and Avenue U, both of which orarcally adjoin the lots to be sold

In discussing the real estate , . .non In Brooklyn, Mr. Johnson »^yesterday that now n »h« piTchôl«l'cal time to buy real e«tate. ,,w,

f

well located property, with bot';,'present and a future value, and ¡Jticularly low priced lot, ,. B,Mf._.that will come directly under «he influence of the dual subway syite»

Mr. Johnson added that there ...certain sections of Brooklyn where .

day there is a good market for |0-1"In fact, there are several pla-tet'-'v.said. "One of them ii that »«ictioTî, ¿on Doth s.des of the Bnghtoa &,.elevated extension and e\7en«*m».the way from Proipec*. Park to ShV»»,head Ba\. Her» houses are bu'M «.

and lots are selling. Thirteen or Steen years ago we sold at auction leuon the Brighton Beach line for »b«> .

one-tenth what they would brmr today. The r»markable growth of th .

territory and the concomitant ir.ern «

in values were largely due to then .>«,«-,-rapid transit facilities, for 'he BrifhtcBeach elevated extension has affordeithat par*, of the borough .nn-«* By ..

the best means of transportation here¬tofore enjoyed by any of the outlyir.rwards."Now. property along tie Sea Bur-

subway hne is to-day in relatively thesame position as property a few year»¡go along the Brighton Beach line. Theland along each hne is of a similarcharacter and adapted for similar im¬provement-. We tort seen what hap¬pened along the Brighton Beach ele¬vated extension with th>^ advent of isen-ice that was once adequit«, hvwould be now called antiquated, mithe question must present itself Whr.will happen along the up-to-date SeaBeach hubway, built for four tra«A-und taking its pa.»»i-«>nj*ers directly fora 5-cent fare to various central pour«in Manhattan. Brooklyn and Queeni*"

.-

SUBURBAN REALTYE. H. McWhorter Cheerful as

to New Year Outlook.That there il a decided optinrnt-

note in the suburban market is th« belief of President K. H. McWhorter. o'the Brentwood Realty Company. 1;commenting on the trend of the tradein 1914 Mr. McWhorter said, yesterdi)

"Sales have shown a new a-pe«-especially in the last six months, «fillthe number of «¡ales made has not bSMunusually large, the volume of bu«ness is better than was expected. Thewho have purchased are satisfied. Wrthe general easing up of conditions r

the early months of 1915, we expect »

very busy season."We believe that public confidence,

badly shaken at fir-«t by the war amifinancial stringency, will be r«!tore«ishortly. Real estate will reap the bene¬fit, and prosperity will result.

DINNER OF QUEENSMEN THIS WEEK

Chamber of Commerce to HoldAffair at the Waldorf on

Wednesday.The Chamber of Commerce of Of*

Borough of Queen« will hold its fourtiannual dinner at the Waldorf Wedaeïday evening. The dinner committee «

greatly pleased by the many re«rv*

tion» which have been made fur Hoccasion.County Judge Burl Jay Humph«:.

who is chairman of the dinner commit¬tee, has announced the following ipcs»ers an«! gue?t.--: ^ ..

Major Mitchel, William C. R«<n*lSecretary of the Department of mSS>merce; W. Morgan Shu-ter, tomeTreasurer General of Persia; Justu«*Frederick E. Crane, George McAner.;..President of the Boarn of Alderm*rEdward F.. McCall. ciuirman ef OU

Public Service Commis*ion; Mauni« JjConnolly. President of the Borough I

Queens; K. J. H. Kracne. Bridge loi«*-

missioner; William A. Marble. nUU*-entd of the Merchant!' Atomtod*New York; Lawrence M. D. McOui^president of the »teal EstaM Board <»

Kew York; Milo R Maltbie. W>Service Commissioner; J >*Tt**Cram. Public Service Commissioner, an«.

Robert C. Wood, Publ.«» Service torn

missioner. . k ,

The secretary of the ch»mber *»¦

prepared data which wiil be ttUUSton the menu card, showing the in«««-

trial and commercial developmentQueens Borough.

«-..-

HOWARD BEACH ESTATESAsbury Park Resident Among

the New Buyers There.S. Morris 4 Co.. sales .**£,

Howard Beach Estates, reports the '^lowing »»ales at the opening of «as«"

Year: To Mrs Sarah Savage of At^mnPark, four lota at <*hann»»iami '-k

Its.; to Fred Williams. M**»h»tw.n:J tt.lots at Flynn and Thadfordst*.*.Mus B. MahafTey, Manhattan.waterfront lotsen Bawtroo a*.

Lake Oeorge Estate SoldGeorge Foster Peabody has *H*¡

estate on the west shore ol «

George, comprising fifty setOS. Ol*»

large mansion, stable«. *"%°rl'und a bo.thou.e. to J. i**»"'£5and Mark Temple »°*«'nVJicK e»>The property is valued st W/*»i. one of the finest on the \tmU.am -a large frontage and 'ommtn^tsextensive view of the ..country.

. - >'¦--

Realty Notes.The Huff * Brown Çmnuaaf*^»^

ated the four story dwelling **. RHfith St. for John P Leo to ***.

Thompson, recently recordedA twelve storv sddm»« J\\tf.

Graphic Art. Building, at -<

¦ttth at, ,s to be erected on the .

M*».10x100 feet. ad;oin«n« .» -, , N,,MO, which was secured ¦iflft .

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