New-York tribune., 1912-06-09
Subjects Of Interest in
Gofbans Realty Fields
Taxpayers Appreciate the Work Being Done
by the Merchants Association

oushly finished we'll built house Is the best
policy"
The questions that will probably be asked
by the Municipal Civil Service Commission
In the examination Of applicants for tho
place Of searcher in the Tax Department
Is still topic OF discussion among clerks
in real estate Offices
on" of tho questions asked al the last
examination was as follows: "A plot Of
ground ef'Nl2j feet Is valued at $3.50. It
In divided into lots OF tho following size
looX75. J0Nlc5. 3Jx35, 9"175 and 25xT5 feet As
suming that all parts OF tho plot have the
same value. what is the valuation of each
lot and what is the tax on the lot SDXi25
feet. tho tax on the entire plot being
s. HsiP
Another one was: n owns n house val
ued al 5000 on which there IS a mortgage
Of s3o"o. with interest per cent year.
The taxes and other expenses average so
year and the annual repairs are esti-
mated at = Of per cent OF the valuation
For what amount must the house be rented
that \ may receive 81 per cent on his
equity
Many lot buyers are this year enlarelng
their residential sites with frontages on or
near tho parks or drvewsys within the
park system. This feature OF local trading
is rot yet clearly indicated in the weekly
lists of sales.
OWING TO the extent of IT'S parks The
Bronx Is more favored or rather more al
llr!ng to such buyers than any other
borough
Tn" Bronx has park area ~ 3,939.S0
acres. Manhattan. I.ilS:.s acres. Brooklyn,
i.Isa.t g acres; queens. 65.5i acres. and Rich
nond, 63.56. Brooklyn holds the high rec
ord as regards parkwayo. The total
ength ~ parkways by borouGhs is Brook
lyn. 1926 feet; Manhattan. N 100 feet The
Bronx. 35,2ll feet. and Queens 1890 feet
Thomas J. Higgins Commissioner OF
Parks. says in an article about the parks
and parkways Of The Bronx in the last
issue OF The Real Estate Record and
Guide: Looking over Il map Of the
Borough Of The Bronx one cannot help
noticing the appearance OF method and reg
ularty with which It's system OF public
parks is laid out
In tn" thickly populated portion Of the
borough. which at this time is the south
crn portion. We lind ou line running due
east ana west. St Mary's Park, 3isS acres;
Franz S!gcl Park. IA acres. aud Ma
combs Dam Park. y acres. Thcu, at the
northern end Of the lower third OF the
borough we iud Crotona Park, lJi5 acres:
Clarcmont and Echo Parks, Y acres, and
Washington Bridge Park, So acres"
Proceeding further north and still run
ning In a line east and west arc Bronx
Park. 1l9l2 acres. Poe Park, ~. James
Park. Dcvoe Park and University Park. q. -
acres; while d t the extreme northery end OF
the borough are the two largest parks, Van
Cortlandt. l.l32 acres on the west, and Pei
ham Bay with It's I,1j6 acres on the east
Thus the Borough OF The Bronx IL grid
ironed with parks at four different lst-
tuIes, giving opportunity for connecting
parkways and boulevards. TO he the subject
OF future construction. the nature OF which
is foreshadowed by the magnificcnt Spuyten
Duyvil, Mosholu and Bronx and Pelham
Dr!yeways. giving access to the northern
line OF parks from the shores Of the Hud-
son River to Long Island Sound and from
the neighboring state OF Connecticut.