New-York tribune., 1909-09-12


-. nsteu suddenly acquire great drawing power.
e. change took place in the real estate market
i,st week
s,,e January there have been important pur-
.l,enE movements in i've large districts on Man
t,ttan, Island. namely. the Washington Heights.
-rrkrsan the original West Side, the central
rourth avenue and the midtown loft in the
,.,i,dns borough Of The Bronx good volume
q business has been transacted throughout the
.ssr in the Hunts Point region and alons the
-,,a n the Harlem branch Of the New Haven
gsilroad Up 10 few days ago, however, trading
ir the CnionpoTt and West Chester districts east
II the West Farms section attracted hthe atten-
,,on Now these two zones not only conirlDut-
srr large part OF the daily volume OF business,
tyt s~e much more alluring 10 investors and
s,ecl.lative builders than they were month ago
IRIS new attractiveness of these districts IS not
due 10 8 greater demand for more modern frame
sueling houses or store properties within 'theiF
ho-5ers but TO the plans Of the New York City In
,srbo~ough Railway Company for improving the
transit facilities Of this beautiful section OF Inc
Bronx Both Unionport and West chester nave
many natural charms, but realty progress there has
suffered considerably in recent years owing 10 the
poor transit facilities Of getting 20 and from the
sfs;-icts and in this respect CnionpoTt much more
thar West Chester Just north OF it,
in order 10 furnish wide and straight tnoFough-
fare for vehcular traffic. the city built some
years aro what is known as the fremont avenue
extension That extension runs from l71th street
end Boston Road I'm straight line from west 70
east 10 the Pennyield Of ThroE's Neck II
trsverses the heart Of the old town Of Unionport
then crosses West Chester Creek and Ferris ave
nue. the Eastern Boulevard and Schuyler Road
fnd has its easterly approach within a Few ieet
a the apex of Locust Point, a small peninsula
land extending into the Sound just north OF Fort
schuyler The eastery terminus OF the trolley line
viii be a the Eastern Boulevard.
NEW ROAD TO BE OPENED SOON.
II IS not now possible travel by trolley in a
Straight course from the various Bronx districts to
URiouport ia about two weeks, however there
viii be IN operation for about two miles along the
fremont avenue extension trolley line owned and
controlled by the New York City Interborough Rail
way Company. Such line VIII unite the central
sections Il Tnionport and the southery half OF old
West chester Village more urmly 10 the great troll
ly zones The greater city Eventually the trolley
une viii he extended from the Eastern Boulevard,
q Is said 10 Locust Point. the Sound. thus fur
rshing a good surface route to the easterly terri
iory ot Throg's Neck which Tor years. as regards
transit lines. has been practically isolated from the
ber districts Of the city Besides, II is 10 be ex-
tended along Eastern Boulevard 10 Felham 6aE
PARK.
The franchise for the building OF this route was
pbtained about two years ago II became gen
s-arv known last Monday that the work Of build
;pg the trolley line had been begun about ten
ssvs previously. and that in that time the tracks
ha5 been laid from the Eastern Boulevard~to
Wsr Chester avenue a distance Of q little more
thgn mile That is the easterly end Of the route
a
rss5y for in less than two weeks, according 10
,,r1rts and soon afterward the entire line viii be
ousn 70 the rublic When the line is in operation
many residents OF the district will be able 10 save
z considerable sum each month, as their monthly
trsveliug eynerses 10 and from work VIII be
much less than now II said that the fare rate
that VIII 60 in effect the line viii be the same
Is that a. au the union transfer stations Of the
New York Cliy IBJer5orough Railway Company and
The Inte-5orougl Rapid Transit Company. With
gff1a fTTs rEtgFf
travel from Atlantic avenue, Brooklyn, by way of
tie subway 10 nth street and Boston Road, and
thenas change 10 the trolley line along the Tre-
mont avenue extension and be carried TO any point
along that route traversing the Unionport district
ior eight cents
MAY UNITE ITS CROSSTOWN ROUTES.
For several years the New York city INTERIOR
eush RAILWAY company has lad in operation
trolley line from the Islst street station Of the
Broadway Subway a point near the plaza formed
ty the inerSea Il Nth street and Boston Road
According 10 reports the two trolley lines VIII be |
rnted and rleu there VIII be almost straight |
line from westerly section of The Bronx overlook
ing the Nort4 River TO an easterly section of the
borough frorlrg on the Sound. Moreover, the |
united would form the first direct crosstown
trolley system n The Bronx north of the southerly |
Vaes there.
It's seldom mat a trolley line Of only about two |
res long Is the cause of a reawakening of wide |
fFnad interest in more zones, and therefore |
he present factor in the trading throughout this
ias section ot the city is truly novel one
For several gears the %estchester area has at /
tSzsd considerably more attention than the Union
p district Tor tie simple reason that it's easteTly /
oo7derE rarersed throughout their entire length
T lie Harlem division Of the New Haven railroad.
recently made into six-track line. That and other
,alSt projects have been responsible for a large !
Increase in realty values in West Chester village In
1soeat years AID FOR much more extensive building 4
PeEstoss than ever before in the history OF the 1
district Naturally. the most prominent figures in
'le trading have been speculative builders and IN 1
1esiors and n tie footsteps Of those traders have
''loEed large numbers OF homeseekers.
Il looked about i've years ago II the central |
l'nes Of Ua 1npo~t and Throgs Neck were likely /
. ee NE scenes OF purchasing and building move
Fn9 q great magnitude, as the New York & /
Fon Chester Railway Company included in its /
-lennes Of rapid transit branch line 10 Throgs
NecE The present plans OF the New York, West
NAester d Boston Railroad, however do not include
say such branch. AS this fact was officially an
lolnceo many months ago. the expected realty boom
a tae TaTogs Neck section did not mateTialize.
REALTY OPPORTUNITIES AT UNIoNPoRT-
Unioaport has needed just such factor as the
isF trolley line 81 order TO make known to many
"a estate e1perrs Who think they are In close
sleh with tie realty measurements OF all dis
u.cs how many realty opportunities there are
INN Us borders. il is just northeast OF the
elnts Point region Of The Bronx and across the
-ssl River from Il are College Point and White
he 'he Plans were perfected some time ago Tor the
,.ssNoa of two ferry lines from point near Iie
uaionport district o. The Bronx 90 College POINT
-. a "hiiestone, Queens Long Island As result
lls Operation Of these two .erry lines large Truck
e-ueh markets Will be established, IL Is thought'
nn the Bronx districts mentioned and large
reOsg buildings fronting on the waters OF ule
- - Alyer OF Long Island Sound viii be erected
hot