Dormitories To Be Put In

The new YMCA Association building to yield a revenue from the third story which will pay four per cent on the entire cost of building

The walls of the new Y. M. C. A. building are rapidly going up and one can see what a handsome large building it is to be. 

One of the features of the building about which little has been said, is the plan to provide for running expenses and keeping the building up after it Is built. There are no stores to rent on the ground floor. That is for the use of the association proper, as ís the basement and second floor, but the plans contemplate such an arrangement of the third floor as will yield four per cent annually on the entire amount put into the big building. The third floor is divided into dormitories and there will be 20 rooms or suites which will yield at least $30 a week or $1,500 a year to the association. This sum is four per cent on $35,000. These rooms will have all modern conveniences and at an average rental of $1.50, the association will have no trouble to keep them filled, especially in this city, where there is such a demand for rooms. This dormitory system has been introduced in a number of association buildings in other cities and always with great success. The income from them is really more secure than would be the attempt to induce stores to rent on Fourth avenue, and it leaves the best of the building for the association itself. 

The committee which planned the building must be given credit for business sagacity in making their plans. It is to be hoped that they may be able to raise the balance of the funds needed to complete the building at once, so that Ann Arbor may have what she has so long needed, a fine Y. M. C. A. building, with up-to-date equipment, prepaid to meet and handle the great work for humanity that Is before them.