The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-12-15
BUYS BRONX CORNER
FOR CHRISTMAS GIFT
Ex-senator Thompson Pays
Highest Price for Parcel at
Big Auction Sale.

Ex.State CenHtOr Janmeb ~. thompson
OF Kings went yesterday to the real es-
tate auction room in Vesey street TO
buy his Christmas present. which cost
him $4,000. 1t Is the northeast corner
Of jerome avenue and 1894 street. four
lots facing the approach to the Macombs
Dam Bridge. which ne bought as q
Christmas gift for his wife. The corner
In part Of the George G. Huber and AMIR
tin Schrenkeisen properties. whioh were
sold yesterday at auction by Joseph =.
Day and J.. Clarence Davies. II was the
highest priced corner OF the sale.
Robert r.. Stnons and Senator Thomp-
son wanted IT,. but Simons outbid the
former legislator and got the property
for >23,500. Thompson regretted after
he lost the property and leaning over to
where Simons sat asked him what he
would take for his contract. I'll take
$4,000, Simons is said to have replied,
and the deal was closed.
II was a little past $40 last night,
when Auctioneer Day brought his hand
down In characteristic fashion with a
bans on the top of his stand in the Vesey
street auction room bringing to "A sue
cessful end the sale Of the last Of the
?+1 Schrenkeisen-Huber lots. The two
holdings sold for q total Of 1856, $50.
which Is an average Of Sl.o65 a lot. The
S~chrenkeisen property. which comprised
1856 lots. brought a total Of SI31.s50. or
an average of j7i3 a lot. Thu Huber
lots averaged $2.2l4, his ffty-sis lots
selling for $4,000.
Interest In the auction sale was re-
fected In the number Of bidders on hand
when the sale started at II :55, despite
travelling conditions. During tho FIRST
two hours q little less than a quarter
Of the ?+i lots in the sale had been
sold. The lots arc scattered through
the east and west sides Of the borough.
George H Huber. who conducted .
museum for many years In Fourteenth
Of the west side Of lower Bronx and
bought along Jerome avenue whenever
he saw a bargain.
Schrenkeisen picked up his lots in
about the same way. his holdings repre-
senting an investment spread over many
years. Schrenkeisen favored the east
side OF The Bronx and most OF the
realty sold At this sale Is along White
Plains avenue.
After the crowd, which numbered
about 400 at moor. was treated to a
moving picture view Of the property. the
sale got under way. Mr.. Day tried to
carry the auction along at u good pace.
but tho best he could do was a lot
every two minutes. The S~chrenkeisen
lots opened the auction. lot No. ll9, at
the corner Of White Plains road and
Watson avenue. was the first offered.
The bid was 5000. Terence J. Cronin
bought this together with several adjoin-
ing or White Plains road for $2,725.
| The four lots adjoining the corner were
sold separately ut 1915. S475. sA25 and
$375-the prices gradually decreasing AS
the distance from the corner increased.
On the balance OF this block front the
prices ranged between $500 and $375
with the exception Of the triangular lot
nearest Ludlow avenue and one adjoin-
ing, both of which were struck down TO
David b. Yarsff for 5000.
Other buyers on White Plains road
were the Coggswell-Taylor Improvement
Company, J. NJ. Nonel. Michael Depco.
Roas Folst. James j.. Zero. Maurice
Borke and John HolnberG.
For twenty-five lots on White Plains
road. between Watson and Ludlow ave-
nues. the Schrenkeisen estate obtained
&e.575. an average OF $3.50.
At this point IA switch was made TO
the Huber property In West Bronx. Here
the first offering was the triangular plot
at the junction OF Anderson and Shake
speare fronting 100 feet on each
thoroughfare. Bidding IN this parcel
started at $3.50. and after a long drawn
out session 1t was struck down at 1850.
John La Spina. the buyer. also took the
adjoining plot. 40x7?. Four more lots
to the south brought Sl.100 each.
The Henry Morgenthau Company
made the largest purchase up to .
o'clock, paying $1,000 for lots 40. ~
and As. at the corner OF Jerome avenue
and 18Th street, and 33.o25 for another
10 - , II 80
to . o'clock was $642. the total for sixty.
four lots being }6l.5o5.