The absorption of two editions of this work, and many expres sions of a desire for its re-issue in a third edition, indicate that it has rendered practical service to those interested in real estate. Its presentation of the subject proved of value in the discussions of the methods and effects of the zoning system and its application to the City of New York, a system by which some of the unregulated and ill-considered building operations, to which attention was-directed, are now considerably and beneficially restricted.

Since the second edition of Building for Profit was issued, the real estate and building interests have passed through the disturbed and inflated conditions resulting from war, and have entered upon a course of slow readjustment. The cessation of new construction brought about a shortage of available space in all types of building, and a general increase of rentals fol lowed. Many unremunerative properties thus became self supporting, and others exchanged ownership at substantially advanced prices.

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