Evening Star Newspaper, January 25, 1930, Page 13

WASHINGTON, D C, h&’ zh WITR SUNDAY MoRXING eNin g %iuf' SATURDAY, PANUARY 25, '1930. B-1 H 4 . Home-Owning and Building Section for Washington and Suburbs INCREASED ACTIVITY SEEN FOR REAL ESTATE IN 1930 New President to Prepare of Association Urges Dealers for ‘Gain in Business. Bpecial Dispatch to The Star. PHOENIX, Ariz., Jantiary 24.—Increased activity for real estate Gufln: 1930 was predicted by Leonard P. Reaume, Detroit, incoming president of the National Association of Real Estate Boards, in a sictement made here tonight when he was formally inducted into office at the annual business meeting of the association. That this increased activity will be 2 normal outcome of present | conditions, was the opinion voiced b; Mr. Reaume. He pointed to the ever growing population of America and the constant deprecia- | tion and obsolescence of buildings the soundness of his view of the estate market in 1930. “The buying power of the “Federal taxes have becn reduced moving toward a reduction of local property taxes. of all types as ample occasion for satisfactory condition of the real public is not impaired,” he said. . We are now in our local boards Our basic in- dustry, agriculture, on which so much of our national prosperity and well being depends, is in the best condition it has been in for years, and farm lands are selling once more.” Mr. Reaume advised realtors to pre- pare themselves professionally to meet most effectively the increased demands on their skill and ability which a good real estate market will bring. He ad- vised them to advertise their commod- ity, so that the public can be aware of the fundamental soundness of the pur- chase of real estate; he advised them to increase their own skill and knowl- edge of real estate transactions, so that they may keep abreast of what is latest and best in real estate practice; he em- phasized the necessity for a perfect command of the facts of local real estate conditions in the realtor’s com- munity, so that he can serve as trained specialist working from exact and precise information, rather than intuition and guesswork, and he stressed the need for every individual realtor to be constantly on the alert to improve the standards of the real estate busi- ness. ‘The new president promised that the i association will year work “When the pi leted, real estate in this country will| found to amount in value to not less value of approximately $35,000,000,000. ‘There are over 11,000,000 owned homes and probably 15,000,000 owners of real estate in the United States. If these owners of real estate are allied with the members of the real estate profes- , the whole tax situation on real estate can be considerably changed.” Regarding new methods of real es- tate financing, Mr. Reaume stated that there is a present need to reduce the cost of junior home financing. “There PROPERTIES LEASED. Many Pieces Are Let to Capital Business Houses. and Inc., 1815-17 L street. S S EXPLAINS BUILDING PLAN.| ™" C. Clinton James Makes Address Before Baltimore Group. The operation of the modern build- ing and loan association was outlined by C. Clinton James of Washi at a2 meeting of the officers and diree of the Loyola Perpetual Building As- sociation of Baltimore held Thursday in Baltimore. Mr. James, a member of the board of directors of the United States Building and Loan League and chairman of its Federal lmhuu committee, was honor Now, Listen to This Value! © An Attractive Home Located at 729 Longfellow St. N.W. jonaily planned " comstructed home. lo: iBentifu recldentizi v, The, Beuse Ba YT T Y YT YT T T T LT, 33330493233 33808838309% New . . . Detached Brick Homes CHEVY CHASE, D. C. : 4307 Jenifer Street Architect’s sketch of the two-unit apartment hotel project on the south side of Calvert street between Woodley road and Twenty-eighth streef, to be called the BUILDING PERMITS TOTAL $1612850 { Projects Listed Include Mam- moth Shakespearean Li- brary and Museum. Expenditure of an estimated total of $1,612,850 for private building opera- tions in the District is provided in plans approved during the past week by Col. John W. Oehmann, building inspector. ‘The largest item in the new list is the permit for the monumental Shake- spearean Library and Museum Building to be erected by Henry C. Folger, philanthropist, on the south side of the 200 block of East Capitol street, where the famous old Grant row of houses formerly stood. Permit also was issued for a new sub- station of the Potomac Electric Power Co. at 2119 Champlain street at a cost of $42,000. - Permits were issued as fol- lows: Henry C. Folger, owner: Paul P. Cret and Alexander B. Trowbridge, archi- tects; James Baird Co., builders; to erect one 3-story stone and brick library at 201 to 227 East Capitol street (lots 1 to 14, square 760), to cost $1,450,000. Electric Company Substation. Potomac Electric Power Co., owner; A. B. Heaton, architect; Skinker & Garrett, builders; to erect one 2-story brick substation at 2119 Champlain street (lot 24, square 2562), to cost $42,000. Cooley Bros., owners and builders; T.- Santmyers, architect; erect five 2-story brick & at 5720, 5722, 5724, 5728 and 5730 ith street (lots 149 to 153, square 2989), to cost Robert E. Ellsworth, owner and builder; J. A. Melby, architect; to erect three 2-i brick dwellings at 5308, 5312 and 53168 Forty-third street (lots 14, 15 and 16,” square 1661), to cost $17,000. J. J. James, owner and builder; George T. Santmyers, architect; to erect two 2-story brick dwellings at 714 and 716 Marietta place (lots 48 and 49, | square 3155), to cost $12,500.- | Oil Company Project to Cost $10,000. Standard Oil Co. of New Jersey, owner, designer and builder; to erect two 1-story concrete and brick sta- i at. 4301 Connecticut ave. 2048), to cost $10,000. rge I. Willis, owner and bullder; L. E. Harris, er; to erect one 2- story brick dwelling at 3116 Northamp- ton street (lot 16, square 2311), to cost ion’ (ot 1, square Geol ., rs; o erect one 2-story store at 1921 Benning road north- (lot " 803, square 4514), to cost ,000. Mrs. Susie E. Curran, owner; D. E. Nichol, builder; to repair dwelling into apartments at 1616 P street .(lot 108, square 181), to cost $7,500. F. Gigliotti, owner and builder; to make repairs at 206 E street (lot 8, square 570), to cost $1,000. Washington Man Chosen Officer by National Builders James McD. Shea of the Alonzo O. Bliss Properties, realty organiza- tion of this city, was elected first vice president of the Middle Atlantic Conference of the National Building Owners and Managers’ Association at the second annual session of that g;fy, held this week at Atlantic y. The conference decided to hold its next formal session in Washing- ton. The date has been set for January, 1931. The Operative Build- ers’ Association of Washington was represented at the meeting this week by Rufus 8. Lusk, executive secre- EDWARDS TOSPEAK 10 REALTY BOARD N. Y. Real Estate Securities Exchange President Has Headed Realtors. Charles G. Edwards, recently elected | president of the New York Real Estate Securities Exchange; will be the princi- pal speaker at the meeting of the Wash- ington Real Estate Board to be held at to | Wardman Hotel next Tuesday evening, it was announced today. Mr. Edwards is a past president of the National As- sociation of Real Estat also of the Gotham Board. The Real Estate Securities Exchange was opened in New York in December as & market for the ready sale or ex- change of realty securities. The ex- change is fashioned to operate in the mortgage field as the New York Stock Exchange does in the stock field. Another feature of the January meet- ing of the local board will be a discus- sion of plans for the early publication of a real estate atlas of Montgomery County, Md. ‘Washington’s Community ,Chest will be represented at the meeting by Wil- liam C. Sullivan, .chairman of the speakers’ unit of the central charities organization, who ‘will discuss the bene- P':shlof the Ehest‘ p&;: ogn :::'ncmg Chllll': e work an campa to be launched next week. Following the business session there will be a musical program, with num- bers by Fred East and J. F. M. Bowle, . | solojsts, with George H. Wilson as ac- companist. A buffet supper will be served. Thomas "E. Jarrell has been named ohairman of a special committee in charge of the meeting. He will be as- sisted by J. Curtis Walker, H. Latane Lewis, John F. Webster, Joseph A. Her- bert, jr.; A. C. Houghton, John F. Maury, Jesse W. Rawlings, J. P. Story, jr.; Waverly Taylor, Albert W. Walker, Robert Bates Warren, Clarence Dodge and Theodore M. Judd. | One of the Palatial New CORNER Homes in America’s Smartest Colony of English Group Homes Seven Minutes From Dupont Circle | out the modern character, ite Boards, and| New Shoreham Hotel. The construction cost is estimated at $1,500,000. Construction of the first unit of the two-building apartment hotel develop- ment has been started by Harry M. Bralove and his associates, Edward C. Ernst and John J. McInerney, on the eight-acre tract on the south side of Calvert street, between Woodley road and Twenty-eighth street, overlooking Rock Creek Park and the Million- Dollar Bridge at Connecticut avenue. The development, which will have club and recreational features, is to called the Shoreham Hotel, thus petuating the name of the historic hostelry formerly standing on the northwest corner of Fifteenth and H streets, where the Shoreham Office Building now is being finished. But the new Shorenam Hotel will not be reminiscent of the physical appear- ance of its namesake, the owners an- nounce. The buildings are to be of fireproof construction throughout, it is | stated, the frame of the structures being of reinforced concrete, with ex- terior walls of face brick and limestone. Ultra-Modern Building. ‘The building is to be ultra modern in equipment. The hotel rooms will be supplied with running ice water and all kitchens and public corridors will be equipped with a modern ventilating system. The facades of the buildings will be of modern character and the design has been made to fit into its site with the park as a background, it is an- naunced. The interior public.spaces in the hotel have been designed to carry with dignity and comfort as motivating principles. There will be available suites of va- rious sizes, ranging from one room and | bath up to seven rooms and four baths. The end suites are designed in de luxe character and will occupy an area of 2,600 square feet, divided into foyer, living room, sun parlor, two bedrooms, two_baths, dining room, kitchen and pantry. Suites will be arranged so that | the end suites may be enlarged with the connecting additional bedrooms and | baths. Rooms will be large and will | have three exposures to assure ample | light and air. The living rooms will be | equipped with wood-burning fireplaces | and built-in bookcases. The project will consist of two units of eight stories each, containing a total of 704 rooms, connected on ‘the main floor by a large and elaborate system of lobbies and public spaces. Approximate- ly 45,000 square feet will be devoted to public space, which will contain, in ad- dition to lobbies, promenades and palm court, & number of elaborate | furnished rooms for the service of the | public. These features will consist of a | swimming pool,. a large main dining room, and a ball room of 9,000 squm[ feet, the dance floor consisting of | 4,000 square feet. The dancing floor | will be bounded by balconies on each side. Provision also has been made for the accommodation of private parties in a series of smartly furnished private dining rooms, it is announced. First Unit to be Ready in 1931. It is expected the first unit of the per- | project wAll be ready for occupancy in | Name of Historic Shoreham Hostelry to Be Perpetuated in Project, Furnishing Suites and Recreational Facilities. April, 1931, and the second unit shortly thereatter. The location of the project is unusual. 1t fronts on the wide double highway of Calvert street and the grounds are flanked by Woodley road and Twenty- eighth street. The rear of the buildings will afford a wide vista of Rock Creek Park. The buildings will be of a cross- shape and will be set well back from the street. % REAL ESTATE VALUE HELD VITAL FACTOR Purchaser’s Determination of True Worth Is Called Most Im- portant Sales Element. Perhaps the most important and out- standing element in the consummation of a sale of real estate is the determina- tion of its true value by the purchaser, Arthur Carr, first vice president of the ‘Washington Real Estate Board, told the sales managers’ section of the board this week at its meeting at the Hamil- ton Hotel. , For this reason, the speaker pointed out, it is highly important for a sales- man to be thoroughly familiar not only with the physical valuation of a prop- erty, but with all the surrounding con- ditions and environment that tend to affect values. ‘Types of improvements in a given neighborhood, transportation facilities, zoning, location of schools, churches and other focal points are some of the im- portant items to be considered, he said. | s} J. Wesley Buchanan, chairman of the section, presided over the meeting. Massacauserrs P West of Kalorama -Across Rock Creek. Mass. Ave. entrance at 30™ St. One Square east of New British Embagsy The National Cathedral on west Sites for Individual Homes Priced from %150 per sq.ft. up Washington Realtor Head of Subdividers Of National Board W. C. Miller of this city this week was inducted into office as chairman of the home builders' and subdivid- ers’ division of the National As- | sociation of Real Estate Boards at the Midwinter meeting of that body | at Phoenix, Ariz. 1 Mr. Miller is a past president of the Washington Real Estate Board and a member of the firm of W. C | & A. N. Miller. At the Phoenix | meeting he also became a member | of a committee on salesmen’s mem- | berships in the national realtor or- ganization. | " The meeting was marked by the | elevation to the presidency of the | body of Leonard P. Reaume of De- troit and the induction of other ' new officers. R. Bates Warren of this city re- . GIANT BUILDINGS SEEN. Skyscrapers 2,000 feet, or two-fifths of a mile, in height are structurally possible, W. C. Clark, vice president of | S. W. Straus & Co. of New York, de- clared recently, on the basis of a study of modern developments in con- struction field. He added, however, that the “eco- nomic” height of buildings was lower than this estimate. He indicated that a skyscraper of 75 stories would be economic, returns justif; the cost. The 75-story estimate based on land values of more than $200 per ‘The eco?oluc height l.Illrllll ’I:: pr:glncug on possible rentals, caj vestmen .requtrefl by. n.ruc&rfl elements of : w!n'nldln' and elevators and other actors. Within 2 miles of White House Location and contours can never be dublicated in heart of Washington again- Drices ana Data from= MIDDAUGH AND SHANNON Inc. 1435 K S Nesess & _ \__/ — Finest Homes in + 5811 6th | We want you to see these 8 rooms, bath and | half bath. All rooms ||| large. 7 big closets. Lot 31.25x143. Garage. | Price Low—Easy Terms 1226 14th Street Crittenden and Sample House Now Ready! (AT 6th AND NiCHOLSON STS. N.W.) Open Daily and Sunday to 9:00 P.M. ||| 23 Ft. Wide from Dining Come Out and Bring Your Friends—We Want Your Ideas and Criticism! WAPLE & JAMES, Inc. Owners and Builders 4718 15th Street N.W. Between A Colonial Brick ‘Maietta a” St. N.W. Room Back—44 Ft. Deep | Homes that are Different! Come out and you will be in- | terested in the many features | that have been installed to make || a home most complete—of which || many may be easily installed in your present home if you are not in the market for a new one. North 0962 Decatur Streets IRRESPONSIBILITY CURB OF BUILDERS OUTLINED Bureau of Contract Information Tells Associated Groups of Methods Used to Secure Im- proved Condition in Industry. Special Dispatch to The Star. NEW ORLEANS, La, January 25.—Methods of inter-| industry cos operation looking toward elimination of conditions alleged to have made for irresponsibility in the construction industry an toward the securing of improved surety bonding practices were outlined at the :g?!v:'nulgn l;lf the Auoginteéih Gene;nlthntrncmu of America here ‘eek, when a report on the work of the bureau of contract i + mation was laid before the delegates. SR This bureau was established four months a; at the joint suge gestion of contractors, architects and public officials, and is financed by surety companies of the United States. Its function is to investi- gate the performance record, past reputation and work on hand of Delegates were told that performance records and contract statements re- ceived from contractors in the short time since the bureau was established have reached a total of well over 1,400. Verification reports have been received from engineers, architects and public officials with respect to 10,161 construc- tion projects. Verifications received from financial institutions total 2,502, and those from manufacturers and dis- tributors of equipment and materials number 8,604. The total received from all sources is given at over 24,000. The bureau is investigating the per- formance record, reputation and work on hand of every general contractor in the United States, the convention was told, and questionnaires designed to se- cure the necessary information are being sent to each contractor. As soon as replies are received, the information given in the questionnaire is verified. Various sources of information are giving their co-operation, the report stated, and verification reports are being received from surety companies, public | every general contractor in the country. bodies, engineers, architects, financial houses, manufacturers, distributors and A T e e g rally, the delegates pointed out, those contractors W!w"ol- untarily submit their records will be viewed as concerns who have nothing to conceal, and are proud of their per- formance. ‘When this information is received at the bureau, the report stated, verified information concerning any contractor will be avallable for legitimate in- quirers, Moldings for Balance. Where a Colonial interior with plastered walls needs rellef, or bal- ance in tone, a fine moldlnhblloed in rectangles on the wal and painted in just the right color will give the desired effect. The thin lin of molding may be painted ebony, pale green or light tan, depending on the color scheme. PRESTIGE . .... Sometimes just This home, for address tells the .nory. instance, in both location and appearance, speaks volumes! 20 Grafton St., Chevy Chase In Old Section 2 of Chevy Chase, an exclusive resi- dential district of beautiful and substantial homes, this new English design, fully detached dwelling of stone, brick and stucco construction, is set amid tow- ering shade trees on a large lot 60x125. 1t contains seven rooms (including three large bed rooms), two baths; cellar and floored attic, and is distinguished for its spacious, well-proportioned rooms. Tfh‘cre are a built-in garage, open fireplace, oak floor- ing throughout, many spacious closets and every modern appointment that would ap- peal to the most discriminating. $19,750 May we suggest an immediate inspection? = Drive out Connectici Avenue, three quarters around Chevy Chase Circle to Grafton Street, then west one block .to property. M. and R. B. WARREN 5114 7th Telephone Wisconsin 2489 St. N. W, Exhibit Home Bedrooms—big front Always Open porch—spacious bath — 4-Bedroom, 2-Bath Home — $12,500 =— An unusually large seven room, 2 bath resi- dence that is attractively and conveniently situated. Its many special conveniences and added features will afford the fortunate purchaser an exceptionally comfortable home at a minimum price. Liberal’ terms can be arranged. Ofen for Inspection Sunday, 11 to 6 built-in refrigerator—enclosed breakfast porch—concrete streets and alleys—one of the most desirable homes in Pet- worth at an exceptionally low price. D. J. DUNIGAN, INC. ; Nat’l 1267 . Tower Bldg. (Between Conn. & Wis. Aves.) $10,500 Nothing in_all Chevy Chase to compare with these homes at the price. All k construc- tion, 6 rooms, den, bullt-in tub and shower, open fir ami. and a garage. terms. OPEN SUNDAY 1418 Eye Street Nat'l 5903 ' $7,150 Easy Terms 4400 Greemwich Parkway 3 Bedrooms—2 Baths —pictured above, is one of a new group of homes in to 6 Bedrooms—3 Baths $12,850 to $24,500 ROSSEPHELPY HITECTUR! ‘TECTS' ADVISORY COUNCIL OF THE DISTRICT OF Extraordinary value at $23,500. All-brick ; Bangor Certificate slate roof; 5 BED ROOMS, , one of which is a studio; 3 UNUSUALLY BEAUTIFUL Easy BATHS; spacious ll'ingullnd din and a marvelous kitcl nigent Creators and Developers of the Village 1617 K 8. National §300 ing rooms: morning room, . _House is equipped with OIL BUBNEA and FRIGIDAIRE. ‘Waterproof and coldproof te glass windows. 2-CAR h garden enclosed jue fence, Representative on premises a every day. DRIVE OUT S8FiTLaZ8. “HEOSE ThrA YD THE AT T