The San Francisco call., 1910-03-05
Twin residences at caremon designed by Architect Gather

Lake Merritt is A. J. snyders Pied
mont Terrace -the-Lake
The unsold portion of this fine old
estate, reserved until the completion
of the improvements. will be placed on
sale today. The street work, side
walks. cement curbS, water mains sew
ers and cement terraces have been put
on AT a. cost of $4,000. They are of
the highest possible order and have
been planned 10 appeal to the seeker
after his ideal for a permanent resi-
dence site
Leaving Grand avenue boulevard, 110
feet wide one passes on to the higher
elevations and is held in amazement as
the beauty OF the view unfolds In
the foreground is Adams Point with its
beautiful homes and gardens. Just
/ beyond, barhed in the radiance of Cali
fornia sunshine, is Lake Merritt and
the semitropical verdure that borders
its shores. To the west and as far as
the eye can reach San Francisco bay
, is seen, dotted with the ships. that visit
this port.
\. J. Snyder said: "Piedmont-Ter-
race-b y-the-Lake, in point of natural
beauty, view. accessibility, environment
and price, surpasses anything hitherto
offered to a real estate buying public
over third of the property is nov
built up with modern homes, and al the
prices now asked for property in this
tract the person speculatiVely inclined
is sure of a rich reward"
REALTY SYNDICATE ACTIVITY
The announcement that the Realty
Syndicate has decided aggressiVeIy to
develop its holdings is an encoura ging
evidence Of the advent of an active
realty market. FIR a number of years
the syndicate has been increasing and
holding on TO its property interests
until today it owns millions of dollars
worth of the finest real estate in Oak
land which has increased to almost
immeasuTable value during the last
few years
No special effort has ever been made
TO dispose Of these holdings. the own
ers preferring to await the passing
Of the period of. stagnation character
istic of 1908 and 1909. Nat NJ Cross
ley, manage of the real estate de-
partment of the syndicate, says:
We. believe that Oakland is right
at the verge of great activity in
enter aggressfveIy not only into
the development subdivision and
sale of all our properties. but also
into all branches of the general
real estate business. including in
surance, home building and other
various lines. We propose to place
our first subdivision on sale with
in a very few days and are work
ing hard to make a notable sue
cess from the very start. We real
iZe that the first tract will have
great deal to do with our future
achievements and are planning to
give the public something quite
out of the ordinary
There is no question but that
property values will see many SEN
sationaL advances during the next
few years particularly in the dis
trict lying between Oakland and
nr-lx lax- FI-ha hot off
rapidly amalgamating and where
the most favored of the residential
sections will probably center.
There viii also be considerable
development along the lines of the
new railroads, which, howevet
can not be accurately located at
doubt but that great many peo-
pie now living in San Francisco
Will he interested in locating in
Oakland, provided they can be as
sured of rapid transportation to
and from their business headquar-
ters.
ably done a great deal in this
direction, the only difficulty being
in finding lands along the Key
Route at price within the mans
of the average individual.
The property that we are about
to put upon the market is among
the finest in Oakland and the
Realty Syndicate has been request
ed by numbers of property buyers
to equip it and offer it for sale.
There are scores of people who
have been waiting to buy some of
this property and we believe that
the moment we offer it the result
will probably be the complete dis
position of every lot in the tract.
The people know it's value as
well as we do and all they want to
he assured of is the improvements
and the fact that the syndicate is
back of the proposition and will
see that the necessary restrictions
are enforced in order to make it
the splendid, desirable neighbor-
hood that the property is capable
Of developing into.