Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-03-21
SUBURBAN SALE MADE
CHANGE IN OWNERSHIP OF CON-
NECTICUT AVENUE HIGHLANDS.
Grading Work to Be Renewed by New
Owners and Pushed to Rapid
Completion.

zeal in suburban property has Just
been completed by the George P. Robinson
Company in the sale of the controlling in
terest in the Connecticut Avenue Highlands
Company to New York and Pennsylvania
parties. The transaction was made by
George P. Robinson and the stock was sold
at the price of s121.34, par value being
800. The holdings of the company con-
sist solely of the Connecticut Avenue high
lands. mostly in an unilnproved state.
Inc new purchasers, together with two of
the former stockholders, are now incorpo-
ratlng new company, which will take title
TO the property in the next few days. and
tie extensive work of grading and improv-
ing the property will be started again
within few days after April and rapidly
pushed to completion. The new company,
1t is stated, will start with ample funds
on or. hand to do everything necessary to put
the property in first-class condition with
all city improvements.
Inc connecticut Avenue highlands is To-
cated directly on Connecticut avenue five
plochs north of the Connecticut Avenue
piiuse ana adjoining Cleveland Park on the
north The property was purchased three
years ago by George P Robinson and
Daniel Is. Trimmer, VIXEN a company was
organized with capita! Of $4,000 10 take
titie 10 the land y tremendous amount of
srdolng was necessary to te done in order
10 &c, make the property availab bic for building
ne purchasers had surveys made and the
report of the engineers at the time showed
it was necessary to move in the neigh
porhood OF 100000 cubic yards Of earth and
stone 10 reduce two immense hills to grade
ana MI IN a ravine that extended through
the center and entire length of the tract
Work Begun Three Years Ago.
This work, which has been most ex-
pensive. was commenced nearly three
years ago The greater part of the low
lana mas been filled in, four of the five
streets IN the subdivision have been
graded and water, sewer and granolithic
Ealks installed in part of the property.
Graulhg operations were closed down last
november, but the work will now be taken
up IN a very few days, and will be COM
pleteu as early as possible
mere is considerable activity in real
es'ate IN me immediate neighborhood of
tne highlands property. Mr.. Robinson re-
ports. Two new NEUTRALITY-SUSPICIOUS.
fark and Richmond Park-have lately
been placed on the ma rFet and Mr.. Robin
son reports the sale of at least half of the
Coleman Park property in the last four
weeks with the brightest prospects for
T rapid sales in Richmond Park Cleveland
Park is doing its share in the building
ilne' a number OF attractive homes now
Deins under construction, while Woodley
fark, which is just three blocks south Of
u; ;lese properties, has lately been coming
IN for its share of sales at prices running
as nlsh as 81. per square foot.
Inc George p. Robinson Company will
nave the exclusive management and sale
0! the connecticut Avenue Highlands sub
division for the new company, which has
lust come into control of the property
rms hrm now has very extensive and val
liable holdings in the three subdivisions
now under its control. which extend in
an almost unbroken strip Of territory from
ROCK Creek Park to Wisconsin avenue
Inc trm reports hundreds of inquiries dur
ing the past four weeks for property in
me Conhectlcut avenue section, and has
made a large number of sales notwith-
standing the fact that the weather has
tions.