1668-84 Economics, Development, & Real Estate 1895-1926 •
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dp' �7 cF buts Values• t-
ig Baran and.Lig • A Lesson in Land I
Now Awaitint' Next .- I
Tido to Begin Work of - There is something in the history of New York City which ^4''
'
,g Northern Pacific makes one wonder whether the record will be duplicated in 4,
Miami. A recent issue of.the Washington Times,relating what I �'�
Her _____Bed n Sand Bari, •.;:
it calls .'the real estate romance of old New York," gives this I ,•;•,,,,I;
,n(1).N.Y..Jan./,y-With her interesting fact: i ►.
,fid of army personnel and "Years ago wise old Robert Lenox bought from the city of (".;•
,eNtor transhipment of halfNew York, for five hundred dollars, a piece of land in upper ,�
king barges end light- Fifth avenue. Frick, the steel man, now has a house worth a
an equipments of powerful couple of millions built on•one little piece of this land. Otto ..,
day closed in on tie/tnn,i- Kahn, the banker, has another house worth another million'or
hip'Northern Pacific reedy ' .
operations which.were ex- so on another piece of it. All together the little farm land that • i
,ssibly with the next flood Lenox bought for five hundred dollars is worth now eighteen •
es the liner from her bed in million dollars.", • j ,iCr
shod ands. • Let the imagination travel forwardjust a fewyears in • . I :14,•
soldiers so seriously wound- it
•, wa. necessary to carry Miami and see whether some vision comes similar to that his- • •,y, •
stretcher/ down a stairway toric fact in the life of Lenox. -t•:,.::
en the ship's side made up Miami is unique in its location, a tropical city on the main-
contingent of passengers to
vessel. As the submarine land of the United States,the pleasure ground of America in
ich carried thew headed for all that the term implies. Ocean frontage is very limited, and I i
•al ship Solace a sailor-on the interior between the Atlantic and the Everglades covers
•rn Pacific's signal platform only a few miles In width. At the present rate of growth it will
1 to shore an officer's mes• not be manyrepeatedly 1
none but navy men remain- years until all•of the land is re eatedl bought and
the liner.nue at two-thirty sold, with prices advancing commensurate with real values,
ter three days of cold, wet • and people will be wondering how it happened that.real estate • ••
biting wind that veered only brought such ridiculously low prices in the year 1919. . .
:reee from the northerly Five years from now the present land values in Miami will
no winos menoand their of-
to to have been as insignificant as theprices asked seven to !
to"finis" to a story of oft .
ue work considered without ten years ago appear now.
I the annals of American Editorial In sham) )tetropell•..Jan. 3, DIE I
the removal without lose of •`•,
500 persona, nearly 300 of I• ,
y wounded,from a stranded , :.1y.:.•
decided to retain a skeleton Notice in the above the expression that
!Alit the-wreckers, Captain
.f the Northern Pacific made
,end.to the warships /land_ "Ocean Beach Frontage Is VeryLimited" i 1 .
,ore 200 nim,about halt his w.
len the green and white flag 1 -0
ran.port'e •tern, indicating •
nee of army personnel wall- and then remember that we are the owners and are offering for sale mor i than I St
.wn, Colonel Valentine, rep- 31,000 feet of that beautiful high bluff frontage' up the beach, along that ocean '
e of ,army transport boulevard described in the advertisement of the Alton Beach Realty Company, i
1 the beacsac h, started for the
At the request of Captain which in a most splendidly Worded description of the advantages of ocean beach t"
ire assigned a detachment of properties, said:
-mien and 30 medical corps "During the last four years, a number of the finest winter homes in Florida
.,sand watch on shore dur- have been built at Miami Beach, and improvements have beenrmade costing over
1g ht.The Infantry will ive $3,000,000. During the presentyear,'a church, a theater, and twent five houses , .
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1 tomorrow, but the medical y"
two surgeons,together with ranging from $6,000 to $60,000 will be added. There is no faster growing resort in! 1
en and two lifeboats of the the world today. • '
rd,will remain on the beach "Alton Beach is without question destined to rank as the finest beach resort in ! -
liner is floated or her crew the United States. Do you imagine you will buy lots there at present prices two years
ry' hence? In a short time, the finest automobile boulevard to be found in any coast
•after the last soldier wa/
tss
re -the troopship the coast city will be completed between Alton•Beach and Miami. What think you will hap-
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orpleted the layinC of a tele- . pen to prices then?" •
',le between the Northern Pa- - Our prices are just one half of what they should ho today, but we have de-
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but station on.the shore. i::
LAS TROOPS the building of fine homes started. -.
:ADE ON FIFTH AVE. Our lots are.100 feet wide and from 790 feet in length up to more than 2,00Q
both ends facing the'water with riparian rights.
(*et,`Jan. 4`—The first con- The increase in the values of these lots will be from 26 to 60 per cent a year and
,f.oversea. troops to parade those who buy now will be winners. . 1 ..4.
,"Avenue mortarwere las men who, We have many other kinds of properties, all of which we can guarantee will , '
h trench battery p D
.viaor been'landed from the increase more than 10 per cent per annum—and we ask all who may be looking
v,Nottiharn••Pactfiet atnnded •for either homes or investments to call at our offices in the Tatum Building and r
Island, carted out today to ' •
, "sging New York" $1,400 '
,detrmulated in their meas , '-`;
sfit'aa,y; ,-.unifcrml,.drenched Talk To The . Tatums'
....1
a - en had >.
boats, the
brought • 35 Years in Florida-19 Years
In; s m al l • in Miami
matched from.the Pennsyl-
atlbn;up Fifth Avenue and
;le'theater district;Pew civil- I . WF OrT(;HT To •" .: ^^ "..