Evening Star Newspaper, February 20, 1932, Page 17

REAL ESTATE WASHINGTON, D. ©C, he Foening Ftar. SATURDAY, FEBRUARY 20, 1932. BUILDING NEWS B—1 Home-Owning and Building Section for Washington and Suburbs WEEK’S BUILDING TOTALS $200,000 OVER DISTRICT $1,304,725 Mark for January Compares With $1,816,700 Listed in January, 1931—U. S. Survey Reveals 15.3% W expendiiure of approximate tions in the District of Columbia is provided in specifications approved during the last week by Col. John W. Oehmann, | building inspector. Included in the new list of work are plans s and a number of commercial structures. { construction activity in 563 cities and towns | of Indiana on the proposal to establish for 18 private dwelling A current survey o Decline for Nation. ly $200,000 for new building opera- HOME LOAN BANK PLANS ANALYZED Measure Before Senate Com- mittee Studied by Building League President. While decision' by the Senate sub- “commmee headed by Senator Watson of the United States during January, 1932, shows a total cost volume \a system of Federal home loan banks of $48.516.351. & decline of 15.3 per r~ these cities was $£7°. expected decline of 1. - cent. For the fast month \i. wiglon re- corded a total of §1.304,725, which was & substantinl increase over the total of $025.785 recorded in December last. but which was Below the total for January, ' 1931, when the figure was $1,816,700. New Permits Listed. | Among pergnits issued during the last weck here wete the following. Robert E. Kline. jr. Union Trust Building, owneT and builder: George T. Santmyers, architect: to erect seven 2-story brick d'vellings. 329 to 341 Sev-| enteenth strect northeast, to cost $35.000. Parking Stores. Inc, owners and builders; A. B. Heaton, architect: to erict one 1-story brick and concrete auto laundry and gasoline siation, 3501 Coni ‘ecticut avenue, to cost $35.000. Dr. F. S. Warren, Woodley Park Towers, owner; E. W. Caprelman, de- eigner: E. W. Briggs Co.. builders: to erect one 2-storv brick, tile and frame dwelling, 1920 Plyimouth street, to cost $23.000. Fred Claeys, 2977 Fort Baker drive southeast, owner and builder: R. M. Briscoe, designer: to trect two 2-storv brick and frame dwellings. 2973 and 2975 Fort Baker drive southcast, to cost $15.000. Potomac Electric Power Co., Tenth and E streets, owners and designers: to erect one 1-story lwick and concrete ubstation, 1300 D street northeast, to t $10.000. Two Dwellings Planned. G. Winkler, 1601 U street south- owner and builder; L. W. Giles, tect: to erect three 2-story brick ings. 1605 to 1607 U street, to cost $9.000. Convent of the Sacred Heart. 1719 Massachusetts avenue, owmers; William P. Lipscomb Co., builders: to make re- pairs and alterations. 1717 Massachu- nue. to cost $9.007 h Washington Real :y Co.. Silver 2. Md. owners and builders: J. architect: to eret one 2-story brick dwelling. 1352 Locust road. to cost £9.000. Paul T Stone, Chandler Building, | owner and builder; Osbert L. Edwards, | igner: to erect one 2-story brick. | rone and frame dwelling. 44:14 Twenty- ninth street. to cost $8.000. Curt R. Karlstromer, 923 Park La Apartments. owner and builder; L. Moss. architect: to erect owie 2-story k and frame dwelling, 570+ Nebraska \ nue. to cost $6.000. | Mrs. Florence M. Kay. 1840 IMintwood | vlace, owner: Marcus Hallett, designer: P. S. Dove. builder; to erect on~ 1-story brick addition, 3319 Connecticut avenue, to_cost $4.000. H. C. Maynor, 2605 Brentwood road rortheast, owner, designer and builder: to erect one two-storv frame and stucco dwelling, 1709 Douglas street northeast, to cost $5,500. Garage to Be Built. Mary E. White, owner; Leo Raywid, designer: Charles C. Kennon, builder; to erect one 1l-storv brick garage building, 618 and 620 L street, tio cost $5.500. George Manning, National ,Press Building, owner: C. E. Dillon, desijzner; W. C. Kremkau, builder, to erect one 1'2-story brick, tile and glass barbecue stand, 6525 Georgla avenue, to eost $5.000. | Herbert Beck, 1223 Pennsylvania a've. nue, owner; R. N. Briscoe, designar; David Stern, builder; to erect one 1- story frame and stucco store, 4400 Com- necticut avenue, 1o cost $5.000. Vincent ‘Toomey, 1015 Fifteenth | street, owner and builder; A. S. .I.| Atkinson, designer: to erect one 1- story brick and cinder block gas station,| 2339 Champlain street. to cost $4.500. Potomac Electric Power Co., Tenth and E streets, owners and dagigners, toj| make repairs, 2235 Eleventh street, to cost $2,500. Henry Schaefer, 4132 Hayes street northeast, owner and builder; L. 1435 K street, ne R Hayes, jr. architect; to erect one 1| aDnual convention of the Natfonal | story brick dwelling, 4047 Gault place northeast, to cost $2.500. Albert Butler, 329 Fifty-seventh place northeast, owner and builder; J. A. Nelby, architect; to erect one 1-story brick store building, 5705 Dix streel northeast, to cost $2.000. Hudson Brick Co., owners and build- : C. E. Dillon, designer; to erect one story brick office addition. 2801 New York avenue, to cost $1,500. Jacob Kohner, 931 G street, owner: | M. Cladny Construction Co., 4707 Kansas avenue, builders; to erect brick | garage, 931 G street, to cost $1,000. Manhattan Laundry Ce., 1336 Florida | avenue, owners; Pringle Construction | Co., builders; to make repairs, 13 to 19 Browns court, to cost $1,000. { ) er 8 Rooms - 2 Bath value in Chevy New English home ase! o recreat! with finished room, separate _furnace Toom. two freplaces. all conveniences—Badkground of fine trees Can't be equaled at only— $11,950—Terms Arranged P o J.WESLEY BUCHANAN Chevy Chase.D.C. $11.950 5427 32d St. (Cor. Legation St.) New, Center-hall Colonial of STONE, BRICK and FRAME construction. 6 rooms, NEW SHOLL'S CAFE LEASE IS SIGNED Third Unit of Organization to Oc- cupy Four-Story Building at 1219-1221 G Street. Business property at 1219-1221 G | street, improved by a four-story and basement building, has been leased by Sholl's Cafe for the establishment of the third unit of this organization, it was announced today by the office of Carl G. Rosinski, which handled the transaction. The building is to be extensively re- medeled by April 1. The building has a_frontage of 43 feet and a depth of 95 feet. A building of stone and brick con- struction, having a frontage of 36 feet and 18.000 square feet of floor space in all, is being erected at 1119 Fourteenth street. which property has been leased by the Graybar Electric Co., Inc, for a possible term of 15 3 through the agency of Mr. Rosinski. The concern now is located at 714 Twelfth street. The new structure has been planned by Frederic Pyle. Lease of business quarters on the northwest corner of Connecticut ave- nue and K street to Donohoe-Chevrolet, Inc, was announced today by the office of Carl G. Rosinski, which handled negotiations. Focter's Dye Works, Inc, which operates & chain of dry cleaning es- tablishments here, has taken a lease on property at 514 H street northeast and Moses E. Falk has leased store | quarters at 928 F street, Mr. Rosinski also reports. — e PROPERTY LEASED FOR JEWELRY FIRM Deal for 444 Ninth Street Closed; | Northeast Site and Downtown | Building Also Rented. Business property at 444 Ninth street has been leased for the Carry Proper- ties, Inc., to Gold Refining Co. Inc., jewelry concern, for a term of years for an undisclosed rental consideration, it was reported today by the office of | H. Clifford Bangs, which handled the | | transaction. Mr. Bangs also announces that a parcel of land at the nerthwest corner Benning and Bladensburg roads northeast has been leased for the Washington Railway & Electric Co. to the Blue Bell System of Pittsburgh, which is erecting there a one-story and tower building having a frontage of 20 feet and a depth of 20 feet. The lease is for five years. The two-story building on the north- west corner of Ninth and E streets, it is announced, has been leased for a | period of five years for F. V. Killian to Goldie Ahern for merchandising pur- poses. The store has a frontage of 20 feet and a depth of 60 feet. TAKE OPTIMISTIC VIEW Delegates to Paving Brick Session According to S. W. Straus & Co., this figure represents 'is being awaited by interested national “ from December, 1931, when the volume for | groups, ‘0, as compared with a normal seasonal visions an analytical summary of pro- of the measure has been sent 45 State organizations of the United States Building and Loan League by its president, William E. Best, Pittsburgh. Extensive arguments were made by | both friends and foes of the measure ‘ths week when hearings were resumed to the before a subcommittee of the Senate Banking and Currency Committee. | This brought out a restatement of the | many points made in earlier hearings. It is anticipated the hearings will be concluded after one more session, to be held at the call of Senator Watson, probably early next week. High Lights Emphasized. The summary of the measure as pre- pared by the head of the Building and Loan League, lists the following points: “1. The bill will create a system of | 12 Federal home loan banks in dis- tricts determined by the Federal Home Loan Board. “2. Building and loan associations, co-operative banks, homestead associ- ations, savings banks, trust companies, banks with time deposits and insur- ance companies, if subject to inspec- tion and regulation, are eligible for membership. The members supply the permanent capital, and upon becoming members subscribe $2,500, plus 1 per cent of the mortgages eligible for col- lateral cr discount. This subscription can be paid on a quarterly basis, and immediately upon payment of the first quarter, a member is eligible to borrow 12 times its subscription. “Eligible institutions in States whose laws do not permit stock purchase are admitted through the waiving of these requirements under procedure prescribed in the bill. All member institutions ere subject to examination, although State examinations are accepted, if adequate. Members may withdraw under provi- sions similar to those in the Federal Reserve act. Minimum Capital $5,000,000. “3. Each of the 12 banks will start with a minimum capital of at least $5,000,000. Subscriptions are to be opened and at the end of 30 days the | | subscriptions are to be totaled and the Government subscriptions to stock bring the total initial capital for all 12 banks | to $150,000,000. The Government sub- | scription is'merely an advance and is to be repaid as additional institutions join | the system. An early retirement of the Government capital is anticipated by the provisions of the bill. “4. This board is to consist of five members appointed by the President, with six-year terms: one member of the board to be designated as chairman | This board exercises supervisory control over the general activities, including the issuing of bonds. the capital of the in dividual banks, the membership qualifi- cations. the rates of interest on notes, debentures and bonds. the conditions for assignment and deposit of collateral, the borrowing of money, etc. “5. Each Federal Home Loan Bank has a board of 11 directors, nine of whom are elected by the members and two appointed by the Federal board. | The nine members represent three sizes | or classes of participants, so that small, | medium-sized and large members are all represented on the board of each | bank. Each director serves for three vears. Dirctors are appointed by the Federal board. should individual mem- bers of the bank hold capital amounting to less than $1,000,000. Directors’ Compensation. | “The directors' compensation is deter- mined entirely by the panks themselves and only persons ‘connected with the home-financing business’ are eligible to be one of the nine directors elected by the members. The board of directors must administer the affairs of the sev- eral banks fairly and impartially and | extend to members such advances as Foresee Trade Revival. An optimistic view of business con- | ditions to be expected during the pres- D. im" year was taken by delegates to the | Paving Brick Assoclation, held week at Chicago. O. W. Renkert of Canton, Ohio, was elected president of the association for the coming year. W. H. Moseley of Springfield, 11, was elected vice pres- ident. and S. Nirdlinger of Galesburg, ., treasurer. George F. Schlesinger, formerly di rector of the Ohin State Highway De- | pirtment, was named chief engineer, with headquarters at Washington Greatest Row House Buy in Washington $8,350 818 Emerson St. NNW. Open Dally and Sunday Till 9 P.M. “Think of buying a 20-ft. home— built by Walter Dunigan and costing fonmer owner over $10,500 for $8,350. It contains six large, bright rooms —irclosed sun parlor and tiled bath. Every modern improvement, large concrete front and double rear porciges. Beautiful yard—shrubbery, etc., and new* garage. No future improvement cost, as screens, weatlwer strips, paving, et in. Wes, it's a real “steal. today or Sunday. Call us for further information. Metzler—Realtor 1106 Vt. Ave. Dec. 5800 and Nights—AD. 0620 i Gl o= A real “FIND"! | may be safely and reasonably made with | !due regard to the maintenance of ade- | quate credit standing of the Federal | Home Loan Bank and its obligations. “6. The bill assumes, as does the Federal Reserve act, that it can best | serve the small savers and the home owners by serving the home-financing institutions in all the small towns and cities in the United States. These home- financing institutions are primarily bullding and loan associations, and the small or country banks. “The mortages, which the members may place as collateral, are divided into two classe: (1) _Amortized, or " (Continued on Third Page.) New Washington Residences been purchased by E. Commission, from G Upper: Dwelling at 6305 Hillcrest place, Chevy Chase. Md., which has K. Jett, an engineer associated with the Federal Radio F. Mikkelson & Son, builders. The house contzns eight main rooms and two baths and has space for a recreation room and servants' quarters, The lot is 65 by 110 feet. | Lower: Residence of group house | hall Village, acquired by Mr. and Mrs. Boss & Phelps. bedrooms. | ‘The house contains nine rooms and three baths. style at 1602 Forty-fourth street, Fox- W. C. Wedding, through the agency of It has six | ASKS U. S. HOUSING AID Chicagoan Believes Federal Help “Absolutely Necessary." Government aid for housing is ad- vocated by Eugene H. Klaber of the | Chicago Chapter of the American In- stitute of Architects. ! “If every second American were starving, would we deny him food for fear of the dangers of a bureaucracy |and possible maladministration of re- | Uef funds>” Subvention, ap- | plied for the benefit of those who re- celve low wages. would foster buying power, he declares. ing for half the natiol according to Mr. Klaber. “We must recognize that proper housing is an essential of a nation's life and that Government as- sistance in some form is absolutely | Decessary.” DON'T READ THIS Unless you want to see the greatest value ever offered in this exclu: section. If you have hesitated to purchase a home because you could not afford the kind you admire, we offer you this op- portunity to own this gor- geous home at almost half the original price. \[/] Tower pldg. -t S =323 SOMETHING BETTER At Very Modest Cost 4330 37th St. N.W. Corner Detached Home $15.250 Open for Inspection Daily : Drive out Wisconsin Ave. fo Yuma St. and east 3 dlocks to " house, or out ‘onn. Ave. up by Bureau ©of Standards to 37th St., morth to Yuma. I[nvestment Bldg. Was Built For Considerably More E i 16th STREET HEIGHTS NEW GROUP HOMES $9,950 to $11,500 EASY TERMS in North Cleveland Park to Sell Center-hall plan, large rooms, baths, open fireplace, very large kitchen with electrical refrigeration, finished room in attic, slate roof, 2-car built-in garage, fine yard. stricted, convenient location. Wm. M. Throckmorton High, re- DIst. 6093 “No one is producing adequate hous- I Wesley Beights— || The Garden Spot of Washington Stone, Brick and Stucco Construction 8 Rooms—3 Baths Lavatory \ Open all day Sunday | 3010 45¢h St. W@ & A. N, Miller 1119 17th St. Decatur 0610 SMALL DWELLINGS MADE ATTRACTIVE Architect Jury Finds Size Not| Required to Get Pleasing Result. Belief that even the smallest city houses can be made attractive in design | plans the volunteer jury reviewed this week at the District Building. Designs Win Praise. The council jury, sponsored by the Washington chapter of the American Institute of Architects, reported that the designs approved at the Thursday | session were “straightforward. simple | | and pleasing in detail.” The jury add- ed that several of these houses were | quite small and that their pleasing de- | signs emphasize that even the smallest | | city dwellings can be attractive. Discussing & number of plans which an objectionable feature the “pretense | ,of a third floor where in reality none | exists.” Criticism is voiced, also, against use of a low, steep roof, plas- tered on the front wall, the jury con- tending that honest expression of a true roof would be far better. Bad | window arrangement and the use of | masonry piers far too heavy for the | purpose they serve also were listed. House Plans Approved. Four house plans which were ap- | proved as “meeting the standards | which should be maintained for private | buildings in the neighborhood” were | dwelling for 1351 Juniper street, L. E.| Breuninger & Son, designer and build- er; residence for C. R. Karlstromer at | 5704 Nebraska avenue, Louis R. Moss. architect; residence for 1352 Locust road. designed by Joseph A. Parks for the North Washington Realty Co., and a dwelling at 2900 South Dakota ave- nue for Miss H. N. Johnson, designed ' by Louis de Ladurentaye - FOXALL ington Post as the best illustration of the latest trends in home design, construction, appointment and decoration. @ Decorated and furnished by Woodward © Lothrop. it is in Foxall's mewest group of 6- and 8-room double-front English Homes. @ Drive out Que Street and Res- ervoir Road, make left turn at 44th Street, three short block to Volta Place, then right to 4422 VOLTA PLACE N. W. @ Sponsored by The Washir e WAVERLY TAYLOR e 1522 K Street Nat'l 1040 AKEFIELD Chevy Chase, D. C. Restricted environment, convenient to new graded and high schools, car lines, stores and churches. Overlooking the $16,950 stripping and bronze screens. 6 Rooms, 2 Baths All Brick, Colonial CHEVY CHASE, D. C. Smaller homes in this splendid section can be erected to meet your needs at— $13,950 and Up Sample House—3627 Chesapeake St. This corner home of all-brick construction, contains the following features: Bryant gas furnace, Electro- lux refrigeration, Celotex insulation, Curtis woodwork, weather- To Inepect: Drive out Conn. Ave., turn left on Chesapeake St. to houses CLev. Have You ;a;te? the New HILLBROOK LANE SECTION | were disapproved, the council listed as |* OFFICE SPACE OCCUPANCY DROPS ONLY 5 PER CENT |Survey Covers Nearly 2000 Commercial Buildings in 39 Major Cities, Contrast- ing 1930 and 1931. By the Associated Press. | HICAGO, February 20.—A rental survey covering nearly 2,000 ~ommercial office buildings in 39 major cities reveals that occupancy of those buildings dropped only 5 per cent in 1931, It shows tenancy totaled 95 per cent of the 1930 average, is voiced in the current report of the despite construction of 65 large office structures during 1931, increas- Architects’ Advisory Council on the ing available space by 11,500,000 'square feet. Results of the survey, made public by the National Association of Building Owners and Managers, show a vacancy percentage of square feet. PRICES DROP SLIGHTLY ON BUILDING MATERIALS. : }19.85 in buildings with a total rentable area of more than 173,677,000 Last year's check-up showed & va- cancy of 14.69 per cent in buildings, with a_somewhat smaller rentable area han the total included in the survey as of this January 1. Buildings included in the new survey have an estimated total value of more U. 8. Index Totals for Week Alsoj than $3,000,000,000. Show Small Decline in Light- ing and Fuel Costs. The index numbers for wholesale prices of building materials and for fuel and lighting showed slight de- clines for the week ending February 6, as compared with the week ending Jan- uary 30, according to a current report | by the Bureau of Labor Statistics, De- partment of Labor. The index for building materials as a group fell off from 74.7 to 73.8, while the number for fuel and lighting de- clined from 682 to 68.1. For the same [ Temained steady at 78.7. The bureau study also showed that durmJ] the seven-day period the index for all the 78¢ commodities or price series remained steady at 66.7. The index numbers, with each commodity weighted according to the importance of the article, are based on the average prices of 1926 as 100. peElod, the index for house furnishing | ‘The office building industry, as rep- resented by the national association, feels the rental status brought out in this report justifies a belief that the industry was “much less seriously af- | fected in 1931 than many other lines of business.” In 10 cities, the survey shows, 11 of- fice buildings now are under construc- , tion. Five are to be finished by May | 1, adding about 1,400,000 square feet of !space to the present market. Because this will be only slightly more than one-tenth of the area made | available by 1930 construction, leaders af the industry feel there is little like- 1ihood that the vacancy percentage will become larger. Although the new survey includes of- fice buildings in cities scattered through 3 States. no section displayed any de- qided variation from the general rental ayerage. New University of London buildings to be erected at Bloomsbury, England, ! will cost nearly $11.000,000. 3721 Massachusetts: Avenue N.W., Built at Present Low Cost Priced Far Below Meighborhood Value Model Furnished Home Including Following Features: Oil burner Incinerator Three baths Specially equipped kitchen Plate glass in win- 11 dows Electric lights in all 12 closets 7 Electric refrigera- ation Electrically venti- lated kitchen Lavatory first floor Concealed radiators Stone walks and terraces Metal window screens 9 10 ol Ofen, Heated, Lighted 9 AM. to 9 PM. Allen C. Minmix Owner-Builder 1416 F St. NW. Phone Cleveland 4201 c 6318 Bee m « BEECHWOOD . Sixteen Acres of E present, for your \%% It is with justifiable pride Well proportioned dining and inlaid linoleum floor. rooms and two fine baths. wood Drive Rolling Woodland in Chevy Chase, Md. inspection, a residence that from the standpoints of both architectural ex- pression and structural excellence interprets the very highest standards of home design and craftsmanship. that we point out a few of its outstanding details of construction. . .« All brick with slate roof. Wide center hall. Spa- cious living room opening to a charming sun room. room. Large, light kitchen in ivory-green with Electrolux, Curtis built-in cabinets Upstairs are four large bed Entire third floor is a recre- of Wesley Peights - The Garden Spot of Washington Where there are available homes in various stages of construction. You Will Be Interested . C X4 9 Miler Developers 1119 17th St. DEcatur 0610 Block and Half East of 16th on Sheridan ‘We invite the public to inspect these homes where the builders have reduced housekeeping work and drudgery to a minimum. All tile baths and showers, gas heat and refrigeration; finished social room in basement. It will be well worth your visit to see the kitchen alone. Open Daily Until 9 P.M. 1334 to 1342 Sheridan Street N.W. Phone GE. 9815 s Only’ $13,950 on very reasonable terms—for this really charming new stone home in the heart of Chevy Chase. Lovely large rooms, finely equipped baths, all appointments com- plete and of the best! Don’t ' Fail to Visit 5428 31st Street Just North|of Military Road J. WES! BUCHANAN Rlealtors 1427 Eye S MEtro. 1144 2 baths, finished attic, built-in garage, break- fast room. Electrical refrigeration. Open Sunday, Monday Edw. H. Jones & Co. Ine. 5520 Conn. Ave. Clev. 2300 ation room. Servant’s room and bath. Gas heat. Two-car built-in garage on first 522 750 floor level. Lovely grounds, with ’ shade trees and attractive shrubbery. To reach: Drive out Connecticut Ave. to Thornapple St., turn left two blocks to Beechwood Drive and one block left to exhibit home. . G. F. Mikkelson & Son Office, 200 West Thornapple Street, Chevy Chase, Md. Wisconsin 4255 Wisconsin 2323 b e T