New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-06-28

Park Commissioner Samuel Mcmillan.
There is or the site a taxpayer. Inc
city i'm 1919 taxed the land at S4rOOV
and the land and building at $4,000.
The southeast corner Of Jerome ana
Rurns;de avs. is owned BY kountZe
Brothers. bankers. The site fronts on
Jerome az. 10 feet, has rear Iine
Of 100 feet and frontage on Burnside
av. OF 100 feet. Moreover. two other
choice corner properties IN the Jerome
av. district are the southwest and the
northeast corners Of Jerome az. ard
Burnside av.
The southwest corner Of Fordham rd.
and Jerome az, which is going to 9e'
unless all signs fail, one Of the best
speculative properties in the Westerly
Byory. is owned. according TO the city
books. by Patrick J. GUILTY. Ire %te'
which is improved with a modern tour
sorry iathousc, has frontage OF 2l.4A
90 feet and is known as 244o Jerome
az The land was taxed in 1915 by The
c,tv AT $4,000. and the land and build
i'm. AT s67. 500. Adjoining the Quilt
, property is the four story fla mouse
9lII Jerome, av., with frontage 81 -
fcet on the av5.Ue and deptl o. ~
feet. + re site WIS osses. Cd IN 1910 az
$4,000 and the ianl I'D site at "2i'VVO.
Some other owners in this section are
\. Laller. J. Brown. James Slogan ana
PiJev Firth. At this point there IS
considerable building The southeast
corner is being improved, and near by
some fine fiathouses arc going up. IL
;s not long walk from Fordham rd.
and Jerome av. to the Fordham station
of the Third av. 81"
Seth Sprague Terry is the owner OF OF
record Of that choice property O1Noo
feet. at the southwest corner OF Jerome
av and KingSbridge I'd.
As TO the future Of the jerome ay'
district. +. Osborne Smith, a proml-
nent broker of this city, says:
"The westerly section Of the Bor-
ouob Of The Bronx has never had any
other means of transit than the pres
emit Jerome av. trolley line and the
crosstown trolley lines. Within the
next YEAR however, there viii nave
been completed the elevated extension
Of the Broadway Lexington av. route
of the subway, now under actual, &C
tive construction, as we'll as the eN-
tension of the Sixth and Ninth aV,
elevated roads, which is to be extended
across the present Putnam railroad
bridge, and by subway through 1874 ST.
to River az. north of 1920 ST., Whlch
when completed will afford convenient
travel on a direct route TO all sections
of the city. Loi,,r
offered to-day to the investor anu
enecuIator exceed any offered along
opy previous subway route, Tor the
reason that land lying in this section
;s cbeap and ripe for improvement
nearly all streets having city improve
,,,o,,tS Jerome av. is logically the
main and most direct artery OF travei
north and south from Manhattan, ana
has been so used for the last thlrty-
Eve years. With the coming OF thT
transit facilities above mentioned 1
nredict Jerome av. will become gfea'
business thoroughtare. ..os
"Tbe adjacent streets and avenues
west Of the Concourse are no" sultAoio
for immediate improvement lot nv
and six story houses. The buildings
r en- erected rent at good figures.
h.vo been Identified with the westerly
eoctiop of The Bronx since 1887, anu
have looked forward to the time wnen
his neglected part Of The Bronx Wouio
oct transit system such as now is IN
actual construction, 1,o
GTbe average value for lots on Jerome
ev to-day is $4,000 a lot and Tor slGe
street lots $500. This does not Apply
"a Jerome az. or side street lots I'M
nediately adjoining subway stations
m,bere values are a little higher Inc
ssme lots will sell within two years TOT
81 least 100 per cent advance, ana then
escb lot will be low in price compared
lin other localities in the eitg ua'
y,iii have inferior transit faeINties.
Whcn sou take into conslderatl0u Ihs'