Evening Star Newspaper, September 20, 1924, Page 15

'‘REAL ESTATE, THE _EVENING STAR, WASHINGTON,' D" ¢.' SATURDAY, SEPTEMBER 20, 1924 REAL ESTATE CYRIL PROCLAIMS I T DGEMOOR HOME SOLD Special Dispateh to The Star. RICHMOND, Va., September 20.— Breaking of ground for the William . Byrd Hotel, which is to be bulilt here, l N C l b P k H Will tuke place Monday morning, at eéw Columbia rar omes which time the actual operations 1 oo will be put under way. The contract for the hotel calls for an outlay of $1,000,000 and provides that the struc- ture, which is to have 202 bedrooms, s. ° ° #Grand Duke' Declares He 3 g A ': be completed in one year. > : Will Devote Future to | @&k : = AL S Transportation Best in the City Liberating Russia. ' ; : | | p v CLEVELAND PARK’S Convenient to Two of the Leading Car Lines i , . Emu N ‘ BEST BUY : , S ONDON . btaterly 0oy : . , L e y |{| 34th and Ordway Streets ; Six Large Outside Rooms ., 1 in of the former A 2 % -‘llsl completed. You can move in 7 a, has signed a procla- 1 . e - - " cith deposit. Semi-detached 3 mation declaring himself “Emperor H s eping porch ; - % p" o-Date of all the Russia a Berlin dis- J ; -8 . Buili-in " and patch to the Daily Mail. The procla- | I R . 3 B oo - “Eve - : E 14a P h mation, it is said, will be published R . 5 hience and " many A i f xtra l'ge orches Sunday in a Russian newspaper is- ; - ! M 208 1. t - . sued at Belgra t will declare that B i Sl v, 3 O ens aTvr | Snassemen F d R Grand Duke C3ril Is o devote Rime |~ SoM (o Mr. B ith. Dintricr Title Compuny v A furdher oo ront an ear self to liberating Russia from the | T. el ndscaped by Small ct. . On Mooreland lane Communist Yoke, and that Whil | and Clarendon rand. Transaction nexotinted by Leo J. ARTHUR LEWIS 11 Very Deep Lots to Wide All sworn to observe, the Orthodox faith, | Realtor % ry P O Wwide ey he will allow complete religt B he will allow complete religious 1ib HUGE APARTMENT HOUSE |2t one time practicea medicine i rald as a reporter under James ||/l 991 Continental Trust Bldg. W Srend Duke Cyrirs son Viadimir, :‘Tri‘lo;:_dt!::\if\; _He began nis news | jordon Bennett. later becoming myl : proclaimed heir ‘::m'.- (z:xgr:yneh o PLANNED IN NEW YORK 4 m i i i t ) é — : By - s Community is Built Up ., oldest son of | Largest Building of Its Kind in ; uncle of thel World, to Cost $2,500,000, in ' . : . of All New Homes considered in " di v Nicholas Contemplation ; . - because he mar : - i ; i i e e, omiand, VI | e worirs targest apartment RANDALL H HAGNER 4| In a First-Class Location oria Melita, divore ira chess | house is to be erected at the north- (] e rron e e G Equal to Any nth street v York City, it vember, 3 i i s been learned. < T V . : e e e e e . ;|| Our Terms are Very Liberal r pardoned him high, reaching upward 440 feet. The A / il played a prominent part in |Structure is to co: ,500,000 and will ‘Russo-Japanese war. He went to |be built for Arthur bane, who the front at the very start of the | will occupy the 19th and 20th stories . conflict and was appointed by the |The entire building will be elaborate- Come Out Today and Be Convinced Jate Admiral Makaroff to be first ofti- (v decorated. Emery Roth is the & H 3 H cor of the battleship Petronasiouny, | architect. [ Open and Lighted Daily Until 9 P.M. He was aboard ina ahip when she — TO INSPECT—Take 14th Street car marked “Takoma” to 8th and Kennedy 1 204, but received | Newspaper Veteran Dies. = o Streets, walk south to houses—or 9th street car to Ingraham street N.W. ] - A o W A The Removal of Their Offices D. J. DUNIGAN o] ———|n|c———la|——|n|——=|r|c—F || ——=|b[—= 8] [ > was born in 1876 st newspaper men in He visited the United States in 1899 4 Thursday o e a. Of | e = late vears he had been a special GIRL CASHIER FOUND g | “Eotte o Yerk wonis 1| From 1207 Conn. Ave. 1319 N. Y. Ave. N.W. Phone Main 1267 N a|——nl——lol——lala]l——|a|———=lal——0mw[a[ | To Their New Buililia L e ke S| | s Must Be Sold at Once--Price Greatly Reduced Tesult of a bullet wound just {N:::\‘. :,',’:",“I,‘,:',',“ ;‘,""‘T !'[,‘[fl;‘,“,,“;l,li‘,‘i able ‘ :‘ "' ‘ i : This Attractive and Splendidly Built Hollow-Tile House of Pre-War Construction R 121012thStNW | 1 321 Conn. Ave. N.W. ‘ ON COLORADO AVE., WEST OF 14th ST. # oy Telephone Main 9700 mothe i S R e Luden 3 in regard to any one for 2 Inspect Today Youn;&‘srtrBaa;c;eras Home. [ B. F- Saul Co- The Delaware County, Pa, A Main 2100 Bstate e IO | WHAT DO YOU OWN WHEN YOU BUY A JAMESON-BUILT HOMES! || CO-OPERATIVE APARTMENT? 1701 to 1731 D St. S.E. Priced at Less Than $7,000 Easy Terms Here is a home within the J purse. Moder- et complete Located in newest subdi- 5408 COLORADO AVENUE NW. o E | Large Lot 55 by 125 Feet and double « R § : se, situate street in a nei harac h is already laundry tubs: la R E R - 4 : b h 733 £ ablished, contains on the first floor an attractive living room with splendid open fireplace, a very to wide 3 e 5 : t 4 = K = @ N B 2 pretty liprary, dining room, breakfast porch, kitchen and p y. co [ five good home that is complete. . B e 7ol o 5 3 L sized bedrooms, two complete baths. Third floor, two la Among the many ap- g d = E z ealing features are hardwood floors, instantaneous hot-wate -ater, eens, large front porch, 32 Built—21 Sol 2 = - —— hot-water heat, electric light, garage for 2 cars, on paved alley. Close to Fourteenth street car line. Four blocks ftom the new _ S E— ; Open for Inspection Satur day Afternoon and Sunday e Y Wi O On “CLEVELAND PARK APARTMENTS” B s vA UiesoaiCo: 3018-20-22-24-26-28 Porter Street N.W. . i ASHER FIRE PROOFING CO. SR Y A NW. Ready for Occupancy October 1st Fr. 6820 - 815 15th St. o= For the benefit of those who have not inquired we are listing below the most important & | Sl of the usual questions asked by those who have scented the opportunity offered, and the e | —=|b | c—==} [——jn|—| 1i hich h: oved any doubts and resulted i ost of them becoming owmers of el = 2 g :figi:-efn‘:m‘capar:::exnlllo\:es.an‘fl'he; area:m: es:jo;in;la‘lt; the benefits of l?lis eEfirelyep:lg- An Attractive Residence tical, highly satisfactory and most economical method of home ownership. ! Q. What do you own when you buy a co.operative apartment? 3 J A. We will use a concrete example. Each of our six new buildings in Cleveland Park contains 12 § l Beautif atlon apartments. The land that will be deeded with one building will be about 80 feet wide by about 225 feet § ul l OC: deep. There will be six garages in the rear, opening on a private concrete driveway. The grounds L P be et heactivels developed. Tarke front lawa CoMmTIEs Back In rearcsed = booniPel Erove of Fail WOULD BE EXTENDED TO A LIFETIME grown trees. This property (building, garages and land) will be owned in fee simple by a corporation . composed exclusively of the 12 owners of the 12 apartments. The corporation will be capitalized at the IF YOU BOUGHT total value of the property. Each of the 12 apartments will be valued at their proportionate part of the total value of the capital stock of the corporation. Each of the 12 owners will have stock in the corporation representing the value of his apartment. Accompanying his stock will be an Occupancy Agreement, giving him, his heirs and assigns, forever, the right of occupancy and use of the apartment chosen. In uddition to this right of occupancy and use of the chosen apartment, the owner of each block of stock has a proportionate ownership in the entire development—building, garages and land. ) ® e Q. Must all of the apartments have heen xold when the corporation is formed? . A. Yes. This is a 100% co-operative ownership plan. There will be individual responsibility for payments on each apartment when the corporation is formed. EXCLUSIVE . How ix the corporation managed? & TRa 13 owners own alll the athek of ‘theicorporation.. At a stockholders’ meeting they) slsct. a CHEVY CHASE Board of Directors. The directors elect their oficers: President, secretary and treasurer. All serve § LOCATION without pay. A real estate company is emploved to do the actual managing under the supervision of the directors. 3 Q.. Fow In the cont of ranning the bullding determined, and how ix 1t divided? H = e A" The directors figure an Estimated Budget of Expenses for a year in advance, consisting of the Attractive Living Room 5 Real Bedrooms following items: Taxes, Janitor, Water Rent, Management, Coal, Electricity, Insurance, Adhes and Stp- ] With Glass-Inclosed plies. These expenses are divided among the owners, each owner paying a proportion of cost equal to (o} his proportion of stock in the corporation. The assessments for cxpenses are paid monthly in advance. Open Fireplace _Sleeping Porch Q. How does the share of one apartment in these expenses compare with the cost of running a | house? ! __.—|—_ A. It costs about 50% less to run a co-operative apartment because of the economy of collgcqvg = E e = buying. Beautiful Dining Room Finished Attic Q. How does the physical value of a co-operative apartment compare with that of a house? French Doors to i 2 Complete Baths A. Most houses are of wooden beam construction. Our buildings are reinforced concrete construc- - H iltei " tion, with brick and stone exterior and slate roofing. These apartments will be practically new when Large Breakfast Porch i Shower Built-in Fixtures the average house will have deteriorated badly. Houses in Cleveland Park cost anywhere from $15,000 to $50,000. These apartments can be purchased at $5,800 to $7,500 on a one-fifth cash basis. : ‘What other advantages have co-operative apartments over houmes? = & N the comfort, convenience, service and cconomy of lite n an apartment, with the satistaction Perfect Kitchen Bright Cellar of home ownership, and none of the worry, care and excessive cost of conducting a house. P Hot-Water Heat Spacious Pantry Instantaneous Heater Q. Is the co-operativé apartment an’ experiment? h Cabi t A. It is not an experiment. It has been practiced in New York for 50 years, in Chicago and other Kitchen abinet BUILT-IN GARAGE cities up to 10 years, and has been giving perfect satisfactionsin Washington for over four years, Q. How do those who have bought apariments in Washington feel about it? S A. They are delighted and glad to recommend it. They are our best references. Ask arny of them. Highest-Grade Materials 1501 DELAFIELD STREET N. W. (detached) This home cannot be equaled by any house offered for sale at this price. Description 8 Rooms 2 Complete Baths Open Fireplace Large, Light Dining Room Hardwood Floors Large Corner Lot Garage for 4 cars with servants’ room above This residence has just been completed. Open for euyiatior B your mspecnon all day Sunday. Price and terms given O ™ ; ; m ~ EDMUND J. FLYNN COMPANY, Inc. | " N. L. SANSBURY CO., Inc. 8] m L. E. Breuninger & Sons. et A o ey ' “Everything in Real Estate” o Q. What assurance is there as to satisfactory neighbora? A. Utmost care is used in selection of the original buyers so as to obtain only those who will be urpass tructi satistactory to each other. They are required to furnish both business and social references, which are Uns ed Construction thoroughly investigated. After the corporation is formed, the by-laws give the directors the right to Beautifyl Finish pass on ‘the deSlrabtlllty of any future occupant who mady be proposed either as a tenant or purchaser of \ another's apartmen \ . Investigate Today—Open for Inspection Daily and Sunday .. "OPEN FOR INSPECTION UNTIL 9 PM. Drive out Connecticut Avenue to Porter Street, or take Chevy Chase car to Porter Street and walk 1% . DAILY, SATURDAY AND SUNDAY squares west, or phone and our auto will call for you and take®you home. By inspecting you are under | | | | . lfl ool 55 e e 1412 Eye Street N.W.« 3018 Porter Street ‘Cleveland 2376 ! ‘1 1418° Eye. St: N.W. e Phone Main' 5904-5 Telephone Main 7253 Telephone Cleveland 2252 [——=|a|———=|alc——jal—]| Members Washington Real Estate Board 32281081 T s aa It Ity e bR IR T I S P e A T s S St i ~