The evening world. Newspaper, July 6, 1907, Page 5

“that the tota’ “metropolitan busine SUlative tt THE EVENING WORLD,! QUTSIOE LAND LEADS IN Blo ‘MONEY MAKING It Rises in Value Twice as} Fast as Property in Manhattan. $350,000,000 IN ONE YEAR. |! Suburban Realty Buyers Are Getting 14 Per Cent.:on Their Capital. New York's spread into tte new * transit suburbs Ix piling up riches for owners of outside land” While rea! estate values in Manhat-) per cent, a year, on inerease In, suburban nis yhows how sof the: me- fan are ri realty ta 14 the tremendous expan tropolly Js drawing p realdential lands | digte use of the crowded It that the outlying sections are develop- ing just twice as fast as older Manhat- es 4400,000,000 hax been added e¢ New Jersey | vex $250, 000,000, These figures are not estimates. the Bronx shows that they are dom}, nated by the flat-house form of devel- in-contrast to the almom ex clustvely business devel equally exclusively smallfouse development of the outer Income eturning 12. ment in Man: y New York land ts h enhancement Is regulated by the various zones ef development on the march outward from the old cen- Central bur/nesss properties pay the sent the most conservative form of in- flat-hous¢ ate dwelling districts pay & somewhat better return. Last | sections which are / being traneformed from farm lands or utilities with corresponding big jumps in values, are the outlying Year to Break Records. tI Js believed that the coming year | Va make the highest rocords tn the nuuge of suburban land enhance- , because Jt will mark the open- of ‘thres great express subways have been rising, Hit the progress of work —on the | le land yalues demonstrated. that the big. booms due | transit come just after | | he new rouda have beén opened for Thousands of persons who | had nat. realized the better service of) |the roads are ablo then to (ride over them eu judge personally of the jm- |» They are quick. to} | [fey the advantage, and the rush into | outlying home fenough to start a great transformato | in residential centres. Such was the case With the rap! Bronx ani to euch gigantic sections {a} Washington Heights r movement, only on a smaller . when the elevated roads openod Land values in such trans- formations are borne upward and they H to the levels which existed efore the roads were opened, bec There was surrounding | 9 the Imme- t and and for homos Increases ate. The newly opened sections take a | recognized place in the mighty march | | jot New York land values. To Form Jersey Exchange an realty within | In anticipation of greater activity on {the west Ine of expansion, the real er-| ow Jersey have ap- | to organize an met at the offices of President of th te en-{ tate operators: of | Dolnted a “comm They | oxchange. repre Then have! fre proven by the final assessment roils} — tot the Tax Department, sy PuBItETEd Th s of the Greate: ments Is $501 represents the properties and $2 hattan, 74.63 uburban Although the year's increasein Man-/ § field Park; John hattan was $7 larger than the fnerease in the suburbs, the total val- ‘uation of the Manhattan property which Tylelded thet increase was #,105,362,201, “ while the total valuation of the sub- urban property wan only $1,633,134,964. With the present. rate of increase the “total yearty rise in suburban values will equal the yearly rise !n Manhattan, al- though the total Manhattan values are {wo and a half times greater than the Valuation of all the suburbs, In other words, in a few years the person owning +4 $1,000 worth of jand.in the suburbs will] 9 ke} an much increase in value each year @s the person owning $2,000 werth of #pAManhattan realty. — ) Real Rise $350,000,000. And the actual rine in the value of 4 suburban land is net revealed fully by the (ax Mgures, because the assessments 3® are not intended to show the full mar- | ket values where there 1s 20 much spec- ulation, Tax book figures represent © > per cent, of the rea} valve, as a rule, In most of the suburb: nis the official “jnerease of $215,374,587 for the be vent rep renenta an actual risé of In Sie_greater city suburbs. Leading in the years big realty en- ows an in- bancements is Queens. crease 11 luex of 26 c y huge enhancement 1s a strue. ii of the great overflow of imesbullders Into te Queens section of Long tsland,— It reflects _theremark- le development anticipated as a re- It of the rapid transit works which Will open noon nearly every part of that ‘porottgh to the= Richmon+. shows. { centage of realty enhancement. It rise was caused by ey for developing pacer Island boom e Land haa ex were TIR: suburbs, ‘the municipal ferrs itarted the boom, ana ther fapid. trans.t, projects, Including lon for & subway ot expregs service with nig fufl to the mpec- The Great Middle Zone. Brookiyn-and-the Bronx each show & Tine Of more White Brey Are Ma b th with \ more settled ate operations Prey ) WIth as, “REAL ESTATE FOR SALE— WESTCHESTER — only at 125th Street i beautif -FORD B. HARMON. Fabs Harmen && Co, Land Company, with aera . of the ‘Anglo-Tealty as secretary. Bennett, of Manor 4,087 | Be i? Creighton Manor Compan Benjamin i t in Man- Fe Sulllvan-Thorne Vroomen, of Ridge- Hass, 0 of ie se lle Bre were read from Edward j Of Tinsbrowek ‘relghts Company ta Wilbur Slocum, of Slocum Park Healty Romeyn and Demarest, of ck; Horace A. Pounds, Elston founder and_ former Long Island Real Es- apoke of the benefits of and said New Jersey wili President of th transportatlo. under the and sus- et demonstration by-New estate men colnet celebration of th nt with |” McAdoo Rahway, there je no lull In activity, Jane ‘Realty Company will open the third section to-morrow. are being laid and other improvements are being completed. Big Hote! for Harmon, Megotiations are pending for the pur- rge tract at Harmon as bulld— iagEwill te loci briok outside view for every room. hold 0 guests. . Nordica ts negotiating for an ten acres :south of her H give her the banka of the ‘beautiful Croton River. Etectric taunches there will convey her vialtora from the railtoad station to the festival hall. David Bispham has bought four lots adjoining Mme. Nordica’s Sparing Harmon _announcesthat two miles of pipe were delivered at|- Harmon this week. and thi nd stone, with an ie through the entire town has bee: dered. ‘The new, water power house ix on the Croton River, firely of stone, with four large hydraute ‘auilding at Massapequa. Massapequa; on Long Island, the Queens Land and Title Company ‘gave contracts this week for seven houses to be erected at once:In Sections C and D. Salea continue’ heavy, those for June and July so far exceeding the last year re Tho big development is advanced far assure purchasers, of its Lot holders are extremely en- thustastic over the pros: The sinner seasoTr Sasa peguK 18, apequa Hotel ts-and Cottages the extensive <im- 1 the solidly invest: | tw tiling Tapidiy. er ade gtk Title Company 4 s Water-works, and new houses are being connected with the B Gas maine will be Inid during the sum: | ny} ‘the It will atte, mn or- be en- The REAL ESTATE FOR SALE— = WESTCHESTER. ‘SPECIAL TRAIN TO WARMoN® THE NEW CITY ON THE HUDSON Leaving Grand Central Station and sta unday, July 7,1.45 P.M. Free tickets can be:secured at our office or from our .representatives (wearing yellow badges ) at either station. EVERY LOT A RIVER VIEW The highest, healthiest, most accessible, most ee and most aristocratic section of Westchester County. TEN’ DOLLARS SECURES ANY LOT 315 Madison, Avenue Great Ay Lea 10, SATURDAY, LEXINGTONTO 3*° AVA : To-Day We Bring You An Especially Interesting Message. On Monday Morning, July 8th, in the Bloomingdale Building, | near the Lexington Ave. end, 59th St. side, WE WILL OPEN A REAL ESTATE promises will be kept. Wilmont Par ¢ the homes of many All conditions point to a quick and decided in- crease in the money value of the lots. PRICES FOR FULL CITY LOTS, 25x100 FEET, COMMENCE AT Interest—No Taxes—No Other Expenses Whatever. DEPARTMENT _ For the Sale of High Grade, Restricted HOME SITES AT LOW PRICES. We will nct offer in this department any property that we cannot guar- When you buy, you buy with the full knowledge that all advertised Our First Offering comprises: Home Sites in Beautiful WILMONT PARK, IN HIGH, HEALTHFUL WESTCHESTER COUNTY, JUST 16 MILES FROM THIS STORE, ON VERY EASY TERMS. We feel that in making this departure we are encouraging a very laudable ambition that © ycu no doubt enteriain—that of wanting to own your own home in a cormunity away from the dust and noise of the city; away from crowded apartments and congestei ttrests; in a’ ¢ mmunity where the wife ard children may live in an atmosphere of refinement and coftnfort; | where pure, invigorating air means vigorous health. _is_situated in _a_most_ i beautiful and decidedly | elevated part of Westchester County, just north of the border of the city, midway te- tween the large cities of Mount Vernon and | White Plains ‘and convenient to Scarsdale station. In Scarsdale property is constantly increasing in value beca’: wealthy people are located in the immediate Wilmont Park is virtually a-rch man’s land at a poor man’s price. Churches and fine schools night at.the prop- As a Real Estate Investment Special Inducement for the Opening Week. To those buying a lot any day next week we will make A Special Discount of 5 Per Cent. A deposit must be made at time of purchase, which we will return if, before the expiration of six days, you decide that you do not want the property. We want you to see WILMONT PARK. Come to our~Real Estate. Department on Monday and make arrangements to Visit Wilmont Park Free of Cost. Free Tronsperaiee Furnished all who desire to see this high class | BLOOMINGDALES’ Real Estate Department, | Bloomingdale Building, near Lexington Ave., 59th St. side,_| 592TO6O"S _ elty Lo) Fors Soin ede than you can buy & Tot within the same distance sn fan The splendid | As to Transportation—Tyi, service of the Harlem Railroad makes the matter of | reaching Wilmont Park a very simple matter. | There are 60 trains a day, and the commuta- tion fare is only llc a ride. provements to the road are completed—elec- tricity installe¢—trains may safely run at 50 thereby redvcing the time required to reach Wilmort Park about half. The White Plains trolley line passes all along one side of the property. The new road—the New York, Westchester | @ Boston—a four-track electric road now being built, has filed a-map which shows that | its route will be near Wilmont Park. This road wi'l run fre; uent fast electric trains con- s 5 necting with the subway system of New No safer opportunity for making money exists. | Yorx, and the management has announced | that arrangements have been made for the | transfer of Passengers § at connecting’ points. When all im- miles an hour, { S160 MAUGH GAINK $150 Ly. W, 234 8t,. 8.20; Liberty St., £30 A. M S100] AKE HOPATGONGS20U DAEARL AND, ‘CUNGY iSLanD, reateat Ainunement Enter ME a 00M. 2.45, 818, 7.00)" 7.45, B80, 8.10 2 i» half Rour Tater thar niga Leave, Iron Pieri, Coney. Ila /To-MORROW GLEN ONOKO AND SWITCHBACK. Children, 75 Conta. Ly, Weet 234 Bhs 00; Liberty, Br. 9.00 New Jersey “Central 35 ral et nee Ninel “ont, 10-80, AY I RUS, of Iron BSieamboat ke i every S039 | silanieat sss Board, toe: Ehnaren, be, | STEAMER GRAND. REPUBLIC ROCKAWAY BEACH Ly, Yonkrra 8.80 A. M. Ly. itd Ta! at. weeks dayne 2G 7 #0 1.10, 0, 7,50, ‘Trip fe adm. $0 ‘Sterplechese Up the Hudson to West Point. IRON STEAMER QUEST. _ SUNDAY, JULY 7. ROCKAWAY BEACH WONG, LAND. HALLROAD: ' ee 10. ‘eh Baturdsy only” Tes SN Ne BELLE wood Beautifal Mountain Park of 300 Acres. MUSIC, DANCING. . Many Attractions, to Yroside a: Dellanttul Day’ LEHIGH VALLEY RAILROAD Leave Peonsyirdale Ferry Blations, West : Cortlandt and Des NORTH BEACH. Free Fireworks Thursdays. Boats East 00th and 14th Streets. : To-Day, Darelag, the Hauleue King, STEAMBOATS. “MANHATTAN BEACH Tyaing leave N- aYys {00 of Haut ie dict ‘i to. Glenwood. reas, Orlent leaves New SL. BR, 660 AM. Re turning leave Glenwood ‘at 4) * excurai 26¢, —EXCURSION— Riel Sate July 673 6F Say res. ea to Melville: Park, | pinee chnre, Ris ; = |aecerre ae est SET seme] woRLD WANTO WORK wonoana anil ot Be a ini iiss. cil, aie / PATIEN INE, NEW YORK SAVINGS Bi BAAN BNA vA, v LAC RESTAURANTS, ' Meliville Park, yer" LEVARD and O18. jtaurant & ‘Cato _ _JULY 6, 1907. 3 “REAL ESTATE FOR SALE— REAL ESTATE FOR SALE— REAL ESTATE FOR SALE— See ee NEW ON JERSEY. eee NEWS JERSEY, NEW JERSEY, ———— MN DEA oa PECDCASPS A ASSETS OOOO GRAND OPENING SALE Section No. 3. Prices Advance 50% July 15. i BUY ACRES ONE A) 900 | wore PURUY WHOLESALE | $250 = BUY IT NOW |_ HALF ACRE—J0 CTY LOTS | Let Us Lead You Into Daylight---Into the Land of Prosperity i dyring his sale show you HALY-ACRE PLOTS C9 ‘ork MONTHLY One-Half Acre—J0 City Lots MONTHLY Fround ehoukh to pulld a Nowe and to ratse your Om HYEREN. Keg a com or & horeat ocalye. all the wnature can Kiva and still be Yow Ut you do not have te sive ne Just what’ yo What you have been. losking. for . @ do not ask you $200 to *1.000 per lot or $1.50) to $2.500 per a Tn your means in Kew Jersey only 12 miles fn direct line and i miles by ences on the main line of Pennaylvan f jon of the minu fog a kiyn, where lots are Belling. at. fron i) ¥ nlae cltyewith lanes ut 8, where any one can xet cnplayment eat ‘around, & payroll of Ay: bout 20,00) Ay E [Oty acrese the street from City Hall, News fork, upon completion abmolutely pe chantterot employment "ng any chante lo reach: iow nM al thee in te to New. Tork d-cent fare, soon to be rediiced to a © mins our opening ex All our property ta’ guarantesd Half Acres, $5 Down, $5 Monthly One LEER $10 Down, $J0 Monthly 4 Acres, $15 Down, $12 Monthly vely a rich mana land and tnvestient for « poor mane money. You halfiacre plots. Every acre ‘and halt acre & fortune-maker, Mone Choice of Any Plot It Will Pay You $20 for $3 You Are Buying Acreage, Not Lots You Are on the Ground Floor| 2 Acres, $20 Down, $15 Monthly $5 DOWN 10” PER CENT. MONTHLY OFF FOR CASH _Grand Special Free Excursion t to Every Wage Earner _ 6 = Sundays Wednesdays “Saturdays” j 6 | SALE DAYS | July 7 and J4 July 10 and $7 July 13 ae 20 "SALE DAYS | 10 and {§ A. M., | and 2 P. M. on Each Sale Day : ENNSTLVANIA RATUROAD FROM CORTLA AND WEST 23D STREPT STATIONS % DATES who will wei x hedges with wn toa!’ pri T OUR AGENTS pave. mentioned ma with free tlekets righ’ the stations b New way ean watch for our train at {ts main stat ur agents will drop off atall stations, Wtatlroad Tickets: Pail Particula ra, call, write or ‘phone, The Keine Reale & Improvement Co., Inc, '9?,NasSAU ST. AY city BRANCH OFFICE, 1! GRAHAM AVENUE, BROOKLYN, N. Y, Established Half a Generation. Owners and Develogers of Large Number of Tracts of Suburban Property in Ail Sestloas $50,000 Gtven'Away to Thore Who Build Within a Year. Will Mail You Full Particulars if You Drop Us a Postal COUPON FE. W. i THIS. COUPON REPRESENTS. $25.14. CASR ny In ease you abla to attend this Kreat opening: Si by maltiandlee ori deposit by mall urine |4Y | reserva the beat acre or halt acre for you that remains unsold until much thne ae you-can neo it If you are not satisfied upon seeing property we will cheerfully refund the deposit. AGENTS WANTED REAL ESTATE. FOR SALE— | REAL ESTATE FOR SALE—. LONG ISLAND. LON NG. REAL ESTATE FOR SALE— ig LONG ISLAND, : THE ONE BEST SAVINGS BANK $5 Monthly Thereaffer. No other system o! savings can equal the purchase of lots in Section Dy MASSAPEQUA| New York's Greatest Suburban City Development. Twelve Mi es from City Line. Commutation Now 14 Cents. A Seaport, LOTS NOW AT $245. With Cement Sidewalks, Water, Gas Mains and Sewers. NO INJEREST OR TAXES FOR TWO YEARS. NO ASSESSMENTS, An Unequalied Investment. New York’s Most Delightful Home Centre, _ THis SUNDAY "Si? 1.20 P. M. TRAIN AT. EAST 341TH STREET FERRY, NEW YORK. FLATBUSH AV., NOSTRAND AV. OR EAST NEW YORK, BROOKLYN. a NS {NOTE—At Eat 34th St. Ferry you will find our reprosen‘atives with ticks:s at 415 East 34th St, QUEENS LAND AND TITLE co., Times Bidg., Times Sx., New York, N, Y. SAVINGS BA __BAVINGS BA BA EXCELSIOR SAVINGS BANK w°23D ST. AND 6TH AV. Canarit Long Island. ARE YOU PLANNING FOR THE SUMMER? LONG ISLAND ‘The (rustees nave ordered mterest credited ‘to depositors, July 1s 4907, at the rate of south winds from ane thing, boating, driv- per annum on all sums ot $5 and upward to $3,000, ii Deposits made or. or before July 4oth will draw interest froin July ‘st. Dba Braduated' plan by Aon: ACCOUNTS CAN BE OPENED BY WAIL. SEND FOR FORMS. sons G. GRISWOLD, Secretary, WILLIAM J, ROOME, Prealdent, & wth Avenue. | yb Ande ite eh OF ? a dividend for * {oor, on all! ‘Phone or Card Bri F the by-laws, YOUR OLD TKUN MADE GOOD AS NBA u oF rate OUR PER CENT. | TRUNKS & BAGS - ree TO" $3,000. PREGA AAs et tanned) nae REAL ESTATE FOR 8ALB— Deposits mage on vt, before Juiz 3018 will oer er LIAM FRIaINODR, President, i NDLIN sure owtzs 8. QUEENS. interest c Pimnurat ae hee rel enauy exvaiiiny ai Boston | Post Hoad inn’ or vicinity wold-plated | Vanity cape,-with monogram \ naide Qwhers cards; liberal reward paid for re-| Gira SF pawntionst for same; Do, queations | asked. 1 Walt atte: | 084 5 Ber ea 4 FIRST COM: fal sisal.