The New York herald., 1869-12-01
REAL ESTATE MATTERS.

Sale of the L0rillnrd Estate in Westckester
County.
According to announcement the auction sale Of
tho Lorard estate, near Fordham, Westchester
county, was commenced by A. J. Bleecker Son q
Co. yesterday. Although the weather was compare
lively favorable the number OF persons ON the
grounds was limited, not more than perhaps
200 being present; but as majority OF
these proved to be buyers the bidding
was commenced and kept up In q
spirited strain until the hour OF adjournment, at
which time more than 100000 worth OF
property had been transferred. The sale was
inaugurated In the open air, but a slight shower
during the afternoon changed the scene. placing t
beneath the roof OF capacous marquee
which had been erected for the emergency
Here was spread generous collation., and
direct attention to this, with alternate looks
and mods, Indicative OF their wishes. TO
the auctioneer. divided the busy moments OF
those who were intent on securing the most advan-
tageOuS bargains. The prices realized on that pOr
ton or the estate subdivded into building plots and
adjacent TO the Harlem Railroad have been from
$4,000 to 1000 per acre, while the most eligible Sec
tons Of the property remain to be sold II is said
that the amount being brought by the estate is nearly
double that anticipated; M ana confidence sd,ce
over ST. 100000 AS the LorlIiard property from its
magnitude and immense value must naturally occupy
prominent position in the real estate world brief
descriDtiOn OF Its location topography and extent
may not be found uninteresting Containing about
$50 acres the estate proper Is situated In the towns
OF West Farms and WesIchester being bisected by
the Bronx river, which IS the dividing line between
the towns named. Its western boundary Is formed
by the Harlem Railroad, Oh which the estate fronts
distance OF about half miie and terminating ON the
south at st. Johns College, Fordham, from whence 1t
stretches away till 1t meets the property OF Leonard
w. Jerome on the north. The Bear swamp road In
the town Of Westcheser forms the eastern boundary
of the estate On the west side Of the Bronx sriver
the ground Is partly unduating, except about fifteen
lying 80 low as to be overnowed during the winter
season. The land on the opposite side or the
Bronx Is succession of rocky. knobs and
valleys abounding in pleasing views and
diversified landscape. Beng fed by living springs.
the Bronx is noted Tor It's clear, lmpid wafer, IN
which sport the sunfish and perch, and along its
margin may be found many inviting groves, shady
walks grottoes and bride paths. Meandering through
the Lorillard estate, for distance OF over mile the
Bronx here assumes its most picturesque appear
ancc, Its banks in many places rising precipitousiy
to height OF fifty feet and are densey covered with
hemock and other aclduous trees In years past some
ten Of land on the estate were devoted to the
growth Of roses, the leaves OF which used to
perfume SNUFF III the manufacture OF which the lale
owner OF The property was largely interested. The
snulr mill Is s ON the estate. and is IN constant
operation. On the east OF the Bronx the soil
is Of clay loan, while that on the west might
be termed sandy. except rhat adjacent to the
river, which has rich and fertile appear
ance. A tract Of about seventyive acres,
embracing the most romantic sectlon OF the
estate has been laid out i'll charming villa plots,
ranging IN extent from one TO four acres, care being
taken that in each instance the building site Is
enhanced by surrounding 0DJectS. IEls mas Deen
designated Fordham Park, and Is wooded with oak,
Chestnut and hickory trees OF or1glna! growth and
enormous size. Stately evergreens are also found
here III abundance. This, together with the
entire estate, has been laid out under the
supervision Of General Il. L. Viee. formerly chief
engineer OF the Central Park. In laying out the
more level portions view was had TO the I'M prove
ments which had already been made IN the adjoin-
Ing property and where streets and avenues had
been esta oshed they were continued over this SO as
to secure general sy stem which would be adapted
to the future wants OF ON increasing population.
The mansion is of gianite. three and one
half stories In height built OF Grav stone, and con-
tains all the modern improvements Handsome
greenhouses. graperies, grapevines and forcing
houses are also attached to the homestead. To-day
the sale will be resumed, when, among other
desirable portions the choice villa sites in Fordnam
Park will be knocked down to the highest bidder
Below Will be found particulars OF this sale, with
others, made ut the Exchange yesterday