ÖF BROOKLYN MR. MARKSSPEAI...
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MR. MARKS SPEAI ON CONSOLIDAT Says Plans Are Ul Way Uniting Burea Relating to Realty STAU ASSOCIATIO! EXPLAINS ITS \V( Sends Mcssagt to Senate tsscnbl) Members on Legislative Aim*». held a smok rant, in the Fark . v.t. at I,rB» was the 'larks stated mon the wa*»e of go «7i and < ad that the in. He call« ..... denbt this - iiia'.cu. in answ e of the men ol:,\ not expect part et the May hat the plan by 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 1 a«socn .. af «».ember» ose of 10*15, in New .omb. president of th« . reported on <d attei conference whic . aaing et vrefATtà ¦ of the asst r.sidcra W. F Sil'.eck repo ring the ..'e organ izat to make f A. M. Bier second mortp .-. presented g laws commit the vari menta engaged ..» this OUld be sent to e associât ol New v .: tne.r ass the necessary lei dent reported on behalf i mittee that wl leady to t n a', this t: .. communication täte Senate g the work of | that there w be tal I 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 esti P.ockland «ting w: e) ii ick of propel :, es wiiere su Î:'or on«,-third h value in 1 « newly elect arg, 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 LEASEf Many New Tenants for Loft in Midtown Section. I have leased ii t .fth hv. to Reicher .*»'.¦ :««ft at 14 t '. &. Hhu; th W i Mth ht- t I hreundlu-h «s | second loi at 37.", and 171 \\ I Hroadwa igh t<« 61 and 63 Wooster st. t I >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 Manufaeterin store, 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, tin I I »ry G'.od» 1'nion. Salomon leased space at th«- « Seventh av ¡s Halukeas J. 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 and at Ml Third av. to Is'.dor .»-'..aus». SUBURBAN LAND CO. DEALS Concern 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 and a 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/ O er/ALVYOJerHj /Sr.V/CLZ PGCS « ti. i>£ÍZALO <ZHAf>/A/, 2A?0 l//C£,P*?£.S. H Taylor ^EC/eerA/ir No Selfish Motives Can Rule the Bronx Chamber It Officers Swing Political Axes They Risk Los¬ ing Their Places. NOVEL BYLAWS OF THE ORGANIZATION Représentatives Subject to Re¬ call Views on Bronx Needs and Growth. The Bronx Chamber of Commerce i« :.-.e latest civic organization to take the field in The Bronx. Its aim is to foster the commerce, protect the inter- erts and advance the improvement of the 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.' Wit the co-operation of the busines« mr and citizens of 'iie borough we hope t make a record of achievement whic will justify our existence." John C. Walwertk »ays: "An or ganization does not make men; it de velop» 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 wfcld every member will feel free to talk to argue, so that the result of oui deliberations shall be truly represen tctive. Every member stands'on ar even footing in this chamber, and hi« Views will be considered on then merits and the extent to which the> will benefit I'he Bronx. It is a lair field, and no favor. All we ask is that self-interest be subonlinaied to the public inter. I H. Gerald Chapín says: "W ha', ap- aeals to me most strongly in th« Brorx Chamber of Commerce is thai it provides for absolute freedom of do- bate and is tnoroughly democratic. The people of the borough need some sack mouthpiece. It i« a truism that the logical «¡evoloapment of New York City is northward. In process of time we are destined to take in the suburban cities of Yonkers. Mount Vernon and New 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 ÍIUB which we now suffer might he correetei and tnanv deairable sad easential endi accomplish«-«! " The ekasaker h. had publiahed ir pamphlet form a dig« revenue law, compiled bj Louis I*' Stumpf, eounsel oi ths organisation und is distributing copie, gratis to tki business men of the borough BUYS MONTCLAIR HOME Mrs. Barnaby, oí This City, Gets Costly House. Title to the property at it« l.'.oyii Roa«i. Montclair, N. J., formerly own..I by 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 nrrgotiated tiirough V II. Crawfey i Uros., of Ifontclai r, The property eoaaists of aa live house of fourteen roomi snd three baths, and has a front feet on Lloyd Road. It nda back to the 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 HELM Heads United Real Estate Owners' Association. The annual election of o'lirors of trie United Real Kstate Owners' Association resulted as follows: President, I-rank Kherhurt; 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 .: «¦ eleeti the flo« to recall for dereliction tion ¦>' the chunib« offices for person to the prej' i other memb1 wisdom eharaeter of the actic t;iken by tlie chamber at any meetir be 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, wate ways, manufactures, public utilitie legislation, ts ration, celebration, park hlghwu) public lafet) and health, re estate and building, and grievance The chairman of standing commute« choose the r ..s.-i.ciate committeemen. The chamber has met with public a| proval from its inception, anil is grov lag in numbers. Its meetings are coi dui-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 invitation meiting with responses from varioi quarters. Its offleen arc: Albert K. Davis, president; John ( iWalworth. first vue-président; H. lie: aid Chaplin, second vice-president !.. ITlman, third vice-pres dent; Joseph M. Taylor, secretary; J« seph S. Uobbs, treasurer, and Louis 1 Stumpf, counsellor II.: «. are the views of some of it officer- us to the future of The Bron and the work of the Chamber o Comn,- Albert K. Davis says: "Few com munities sho»t of a Western boor t«.wn have grown with the rapidity 0 The Bronx. We estimât« its popula tion today at ubout 64'»,000. "There is a lull now in speculativ 'building, but there is every evidenc that \\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'eces i sarily, a commut.ity as large as thi must be provided with all the essen tials of a first class city. Husineii follow» population, and The Bronx i beconling, 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 nortl of the Harlem, so builder» must sooi get busy again pioviding sdditions housing accommodations. I look for v.jjrd denes to the most pros perene times the borough has evel experienced, beginning gradually thu Near and growing in importance anc volume. M the comprehensive east central and v. e.'t transit extension! are opened up next year or the fOOt after. .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 ëubwav BO« being constructed extend withi f«BW blocks of the northerly city lin its, and will give Yonkers and Moui Vernon especially the advantage«- < New York City's transit facilities, bi also because the excessively high ta conditions of some of those commun tie., notably of New Rochelle, wher in many eaees taxes equal II p«-r cer .if the gross annual income from ren als, render such a prospect highly di sirnble. "It is evident, therefore, that thei is a great find growing field for th Bronx Chamber of Commerce. Th Bronx is bound to expand and the in portance of the Chamber of Commerc will expand with it" Louis r Stumpf says: "We all kno that whin we have a grievance and vv go M an individual to the authorit who can remedy it, we very seldom ga a hearing If, however, we go reprt senting an organization of, say a thoi mind men and present these grievance lo the proper authorities, WS stund pretty good chance of having thei . quickly adjusted. Suck an organizi tiun as ouris .s more or less necessar as a matter of protection, and will c> art a poverful influence on the admir tstration of public affaira, which s closely aTccCs the everyday life an buainess affairs of the people of th j borough. The Bronx especially need luch a body. This borough has grow wonderfully. Wherever you look yo see new industries springing up an evidence! of a great development, i live organization like the Bronx Cham ber of Commerce will serve as a guar diaa, a guarantee, no to ».peak, of pro tactioa to property and business inter BStS in the borough." Charles L. Ullman say*-: "1 hav done some berious thinking in connaf tion with the reasonableness of thi undertaking. I believe that at thi time The Bronx is ready and prepared many of our best men in the borougl and men interested in its affairs, t band together for the purpose fo which the Bronx Chamber of Commerci is organized, in which we may labo together in active co-operation for fur thering the best interests of The Broni and for the purpose of fostering it; development. There is a demand for i popular and broadly governed busmeBi organization, an organization for th« average busy man; there is a field foi auch a body, the worker» in which an actuated by a desire to benefit thi borough. It is a very worthy object, in deed, and »hould be encouraged. I pre diet for the Bronx Chamber of Com merce a brilliant future. 1 look foi hundreds of recruits when its purposes become known." Joseph M. Taylor says: "It is oui desire to proceed along lines that will eatabli»h an ideal civic organization an organization totally divorced from politics 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 proies sional men of the community and no corporation may be admitted to mem¬ bership We are desirous of enlisting the active support of the man himself. "We are confident that a sufficiently large membership will soon permit of a body thoroughly repre»entative of the civ'c interests of the county, and that, incidentally, a nominal fee will, ,\ with efficient management, enable us to \ Rloch; second vice-president, Charles W. Bidt; treasurer, 6. H. Hedde« sheimer; financial secretary, (ieorge 11. Heck, jr.; recording leeretary, Edward W. I.eckerling. Member- of tke execu¬ tive committee George 11. Beck, sr.; Adolph Bloch. Edward hing«!, Henry Hersh, Charles Sayer, Henry I'. Sehadt, Benjamin I! StraUSS, John Volz an«! Samuel Wollheim. Meniher« of the finance committee U.lliani C, P. Frankle. John I.ucker ami Eraeal tí oik« witz. RICHMOND TRACT SOLD Property Comprises 51 Acres with Fine Buildings. Perchral tí. ITlman, jr. of the Princes Bay Realty Company, has sold for Mrs. Bragaw fifty-OBS acres at An- nadale, in the 5th War«!, Richmond < HAKI.KS I.. I'l.L.MW Third vice-president of the Brom Chamber of Commerce, Borough, to an investor from Pitts¬ burgh. This property was owned and occupied by William J. Rogers, who was formerly president of the Borden Condensed Milk Company, of New York City, for many vears. Mrs. Bragaw is a daughter of Mr. Rogers. The property has a large frontage on the Aniboy Road, and Is well adapted for development purposes; there are also a large mansion and outbuildings ! on the property. Several other proper- tie» in the 6th Ward consisting of acre¬ age, have changed hands «iithin the last six months. » Buyer for Brooklyn House. 1 he Bulkley A Morton ( ompany «old 141 liâtes a« Brooklyn, a four story modern dwelling. Mal06 fiel. botWOOB franklin and Clusson a'.s.. for At.me M. Naal to C. 8. Kne. A MEMORABLE NIGHT SALE It Was the Auction of Fleet Estate Holdings Last Year. v raoet meet iful Innevatien in the ho ding of auction tales of Brooklyn pi 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 of riie offering comprised -.'i lets m Mth »between Seventh and Sixth av« and on Fifth. Sixth and Bar Ridge a . For the III lots the urn ef IS6S.1M was realized, or about $1,210 a l««t. The auditorium was packed to capac¬ ity, end Frederick B. Snow, «acting for Mr. Johnson, of the .1ère Johnson, Jr., «'ompany, under whose managemer.' the -ale was hellt, was the auctioneer. II | highest pries puni for any singlo offering was tnfiOO, by Thomas EL Fur- roll, Brooklyn Commissioner of Jurors, fol the corner of Bay RidgS an«! Fifth av--. STRIKES KEYNOTE OF CONFIDENCE F. W. kavanaugh Says Prospect 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 residential in (¡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, und these conditions are already being rc- n the market for securities based on realty. i,.,¡;. ii.iiuation points to an in¬ creased demand for homes ana building plots. Kcal estate can never be affect¬ ed long l»y financial depression having for. urn origin, and the investing public ;- ¡earning the wisdom of putting part of its capita! into real estate and itj securities. "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. The dormant 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 meet their interest end tax charges and con¬ tinue improvement work throughout these trying times merit the confidence of the investor. And that the investor is in the market is proved by the grow¬ ing demand for first mortgage securi¬ ties we are experiencing." Mr. Kavnneugh is president of the Howard Estate* Development Company. owner of Howard Beach BstatOS. a 300- ncre tract located in Queens, on Ja¬ maica Bay nt the Bamblersviile and Aqueduct stations of the Long Islami Railroad. Improvement work at Howard Beach listâtes has continued during the win¬ ter, more then tOOfiOO being expended in tilling, grading, cement curbing and paving. Two cottages are in the process of construction, with four more under contract for erection in the spring. SEEK COURT'S AID OVER ASSESSMENT Other Boroughs Benefited by Street Widening, Say Wood- haven Property Owners. More than 200 property owners in the Weodhnven district of Queens, whose property is included within an assessment area laid down by the Com¬ missioners of Assessment for the wid¬ ening of Ashland st., have taken topa to 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 wid ened at a cost of more than $1M,000 and a zone of assessment lias been laid out extending from Cypress Hills Cemetery to Metropolitan av. for a distance of from UfiO to «'00 feet on either side of Ashland st. Within this area is property of cemeteries which n;< not assessed. This makes the bur¬ den heavier on those who must pay. According to the property owners, Ashlnnd st. was of sufficient width for all purposes of local traffic, but was widened to sf<Temmednts through traf tic from other boroughs. Sich being the case, the property owners declare that without their personal consent they arc now being asked to pay a pub¬ lic improvement which will benefit the city at large. In some cases it is de¬ clared that the assessments which have been laid will bn eontiseatory of the property. An appeal is to be made to the Board of Assessors first for relief from this condition, and then, if not obtained, action will be begun in the courts. It is contended that no auch power is given to assessors as has bcin exercised 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 Kossmore av., Bronx Manor. Yonkers, N. Y., and foi 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 60x157 feet, for Mary Moresco to Augustus Fimbury. Apartment Leases. Pease it Llliman have let an apart¬ ment in the Marquard Hou.e, at oHth st. and Madison av., to Morn« It Velchj furatehed in the Hereford, at 10 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'Jth st. to W. L. Bouse. Investments Along Bronx Subway $100,000,000 Figures Show Importance of Transit to Borough Development. SUM SPENT IN LAST TEN YEARS Larger Realty Advancement Ex¬ pected to Result from New Routes. I .'¦ BB proper transportation facilities are of para mount importance to a community, without which its de¬ velopment must necessarily lie dormant. "¡- »r n.i.ny year» this condition was experienced in the Borough of The Bronx, 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 improvement which has resulted in a most remark¬ able building activity, surpassing every other borough in New York City end every other city and community in the United States. "The West I-arms subway and ele-i vated railroad extends only 1.6] miles,I or less than I per cent of the 4Ö8 miles of street.-, and avenues legally opened in the borough. .Still, over 1100,000,000 has been invested in real estate im- RECEIPTS BIGGER THAN EXPENSES Register Polak's Office Has Large Surplus to Begin 2d Year Work. The first yearly report of Reg:-'er rd Polak of Broas County show- that the number of papers filed and re- cor.led was 4*>.8.i0. There were 1,261 tnortgnge--. The number of convey¬ ances tiled was tjttS and chattel mort¬ gages 22,048. Folios were recorded to the extent of provements alón «luring the Is *.".«1,0(10,000 ha.« been inv.s'ed m all other section« of the boroagh «iirinf/, the same period. The statameat, therefore, « irrefutable, that the dereíoaaseat of a community Mvaratd to s great extent by its facilities for transDortatioa. "With that l'art in mind one is justi- grtd ifl being optimistic of the future of rhe Borough of The Bronx, as many ruilis of new subway.« and elevated road extensions are now in course of 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 I Malta .. Klirr a»tt \ i i .>: \ .'¦:.: i « i Hay. I.lj .- ,--i 4. JO, Tran-.it Line« in The Bronx Now in Operation. Mi.«* nu \. i.«..-- -a uav ami elr««-r,i :i M ter A I road « IS i. ¦ To.al .-4 H "While the New York, Westehester .v ¡'.«««ton Railroad Is included in the lines in operation, its influence on the development of ike borough has thus far Icen immaterial .«nd the Harlem Railroad, altkoagh in operation« is not generally patron. BS Its rates of fare in the borough are high. "Miuiv aaw improvements are e.v.- pacted along the lines of the aaw routes, uarticularly along Jerome and White 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 the total estimated cost of operations in his borough for the year amounted to I16.7264M, which was *,96'i,H.',3 in ex¬ cess of the operations for 1913. There were 4.Tl'0 permits for new buildings issued 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 consid eration 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 Ut p*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 M4MMM Mltctll«! .. Ire. .... tZWii I» 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. The number of mortgages recorded in July was 1.1.'»»*., »nd tt»e mortgage indebted¬ ness amounted to over $4,ooo,o«iii. In December Register Polak reports Hit mortgages and a tax indebtedness of $l,'J7o,S:',"t «i?. Notwi'.hstaniling this falling off in revenue, the office is not a burden to the taxpavers of 'I he Bronx. 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 there were '..',927 permits for alterations and additions, at a total cost of $1,280,941. which was an excess in permits of ISf and 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 due to the improvement of transit facilities to that section: in the Woodhaven dis¬ trict in the erection of detached dwell- ing« in anticipation of the enlarged transit facilities to Jamaica, and in the Corona section ¡n the erection of tene¬ ments and store- «lue to better connec¬ tions with Manhattan both by trolley and the railroad. The report of County Clerk Leonar-i Ruotf show.« that during laid there were recor.led ll'.TOti deeds, .'Til leases, .),.">*)1 mortgages and 5,04- a«Mgnments of mortgages. The total of deeds tiled is «ner iÜ more than the previous vear. and the excess in con- -,«I« ration, winch has to be computed bacaafe many deeds do not express th«- 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 544 ni««i tk'iiue-, skerwiaa no diminution of I OPeratiOBI for *he close of the >car. BROOKLYN OFFERS GOOD OPPORTUNITY Jere Johnson, Jr., Tells of Districts Where Lots Are in Demand. RAPID GROWTH OF FLATBUSH SECTION Thirteen Years Ago Lots Sold for 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, f The lots are only a few hundred ttrn from the Sea Beach 8ubw,v hrt There are to be stations at 8»*th ,- and Avenue U, both of which orar cally 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 ¡J ticularly low priced lot, ,. B,Mf._. that will come directly under «he in fluence 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 S teen years ago we sold at auction leu on the Brighton Beach line for »b«> . one-tenth what they would brmr to day. The r»markable growth of th . territory and the concomitant ir.ern « in values were largely due to then .>«,«-,- rapid transit facilities, for 'he Brifhtc Beach elevated extension has affordei that par*, of the borough .nn-«* By .. the best means of transportation here¬ tofore enjoyed by any of the outlyir.r wards. "Now. property along tie Sea Bur- subway hne is to-day in relatively the same position as property a few year» ¡go along the Brighton Beach line. The land along each hne is of a similar character and adapted for similar im¬ provement-. We tort seen what hap¬ pened along the Brighton Beach ele¬ vated extension with th>^ advent of i sen-ice that was once adequit«, hv would be now called antiquated, mi the question must present itself Whr. will happen along the up-to-date Sea Beach hubway, built for four tra«A- und taking its pa.»»i-«>nj*ers directly for a 5-cent fare to various central pour« in Manhattan. Brooklyn and Queeni*" .- SUBURBAN REALTY E. H. McWhorter Cheerful as to New Year Outlook. That there il a decided optinrnt- note in the suburban market is th« be lief of President K. H. McWhorter. o' the Brentwood Realty Company. 1; commenting on the trend of the trade in 1914 Mr. McWhorter said, yesterdi) "Sales have shown a new a-pe«- especially in the last six months, «fill the number of «¡ales made has not bSM unusually large, the volume of bu« ness is better than was expected. The who have purchased are satisfied. Wr the 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 ami financial stringency, will be r«!tore«i shortly. Real estate will reap the bene¬ fit, and prosperity will result. DINNER OF QUEENS MEN THIS WEEK Chamber of Commerce to Hold Affair at the Waldorf on Wednesday. The Chamber of Commerce of Of* Borough of Queen« will hold its fourti annual dinner at the Waldorf Wedaeï day evening. The dinner committee « greatly pleased by the many re«rv* tion» which have been made fur H occasion. 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*l Secretary of the Department of mSS> merce; W. Morgan Shu-ter, tome Treasurer General of Persia; Justu«* Frederick E. Crane, George McAner.;.. President of the Boarn of Alderm*r Edward F.. McCall. ciuirman ef OU Public Service Commis*ion; Mauni« Jj Connolly. 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 ttUUSt on the menu card, showing the in«««- trial and commercial development Queens Borough. «-..- HOWARD BEACH ESTATES Asbury 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^mn Park, 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 Sold George 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**»"'£5 and Mark Temple »°*«'nVJicK e»> The property is valued st W/*» i. one of the finest on the \tmU.am - a large frontage and 'ommtn^ts extensive view of the .. country. . - >'¦-- Realty Notes. The Huff * Brown Çmnuaaf*^»^ ated the four story dwelling **. R Hfith St. for John P Leo to ***. Thompson, recently recorded A 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 .
Transcript of ÖF BROOKLYN MR. MARKSSPEAI...
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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