New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-06-06
PROPERTY ON HIGH
LAND TO BE- SOLD
Lots To Be Disposed of in
Growing Bronx Apart
ment Section.
COMMANDS FINE VIEW
OF RIVER AND CITY
Parcels In District Soon 10
Be Benefited by New Sub
way Improvements.

II would be difficult 70 visualize tho
future use and value OF lot IN the
Sahara Desert scanned from a point Of
var tage atop the Pyramids, but 20 APP
ply the known methods Of appraisers 70
the region that radiates from the high
point at l72d Street and Jesup Avenue.
in The Bronx. requires far less astute-
ness Of mind and the exercise Of that
sixth sense called foresigh,edness
This location. which forms the east
crly terminus % West i--d street.
the direct approach TO tho Washington
Bridge from the east. il ono tnat would
he selected by military strategist Tor
its command Of all the surrounding
area 20 the north. east, south and west.
II is in this section the l12 improved
lots. bounded By Jesup Place, Shake
speare Avenue, Featherbed Lane, and
Macombs Road. will be sold az auction.
owing TO the calling Of an existing first
mortgage placed some years ago. The
propertv is 70 be disposed of by Bryan
l.. Kennedy on Wednesday. June Is,
at the Nesey Street salesrooms. az l.
o'clock noon
From this high ground the panorama
that spreads out 20 the east includes
the sight OF a long line OF elevated
railroad girders distributed all along
Jerome Avenue for early assemblage
into a route Of the dual system, which
will give all this area direct rapid
transit 10 the east and west sides OF
Manhattan by way Of the Sixth and
Ninth Avenue elevated lines and the
Lexington Avenue subway Stations
will be erected ar the base of the h,li,
in jerome Avenue at 10th and Bel
mont streets. few hundred feet d.s-
taut.
The Boulevard and Concourse with
its array of vehicular traffic and new
apartment houses, including the eleven
story Mount Hope. wends ITS way
Northward a few blocks east Of Je-
rome Avenue and is the gateway 20 the
~reat r9rk ard parkway system OF the
North Bronx and Westchestcr
10 the west and north the high
lands OF the West Bronx. along the
line Of University Aqueductl Avenue
and in the fremont. Burnside, Ford
ham. University Heights and Kings.
bridge sections. are in the course OF
being transformed from a reighbor-
hood of detached dwellings into one Of
high grade apartment houses.
To the south the elevated structure
on Jerome Avenue stands already erect
ed i'm the viclnage Of l61th Street. its
point Of connection AZ River Avenue
with the Lexington Avenue subway
The Highbridge. Ogden Hill and Bos-
cobel Avenue sections long have been
~ l.. %
apartment building and arc well occu-
pied II j. In this general locality
and that Of the Washington Bridge sec
ton that new ten story apartment
house is 20 6e erected, AZ ll2d street
and the Plaza entrance 70 the Bridge
From the present trend Of things IN
Tho Bronx IL would seem 70 be the
part of wisdom TO carry this structure
up two or more stories higher. 20
encourage the construction OF only a
high class Of buildings IN this richly
endowed and most exclusive district OF
The Bronx.
I'm comparison this section Of The
Bronx In its physical allurements ~
similar 20 those sections Of Manhattan
that overlook Harlem and the Harlem
River from Cathedral and Nlorningslde
Heights. Hamilton and Washington
Heights and Fort George. each ana All
Of which since the start or rapid iran
sit have developed into the city's hlgh-
est grade apartment centres.
The Washington Bridge section OF
The Bronx has equal physical attrac-
tiveness and j. AZ the threshold OF nav
ING equally as good. II not superior,
ranid transit facilities. The compar-
ison boweyor. ends here. for the differ
once to-day between the values ln Man
haitian and The Bronx is rs great as
would be indicated In comparison or
Manhattan values before and since the
Broadway subway was completed.
In the immediate ricinagc Of the Up
land Realty Company property 20 be
sold the erection of apartment houses
and stores has gained the greatest
amount Of Roadway in the PlImpton.
Nelson and Shakespeare avenues ana
Lane district. the tendency
20 build being even more pronounced m
University Avenue. whore. with the com
ple,ion OF several new buildings now
being erected between l12d and l14th
Streets. there will remain but few
vacant sites on the east side OF the
thoroughiarc IN this location.
The large holdings ives, OF University
Avenue practically shut or the pos
sibility OF further building In this d.
rection. 40 that the trend must be east
ward toward the property Of the Up
land Realty Company
The section east o. Macombs Road,
between West 10th Street and Fea,h-
erbed Lane. the two principal approach
es from Jerome Avenue 10 the Wash.
ington Bridge district, across ana
around the Upland Company highlands,
is destined for improvement with ousi-
ness and amusement buildings ana
cheaper grade OF apartment houses
Practically all the frontage on Ma.
combs Road. between 10th street and
Featherbed Lane. Is included IN the
holdings OF the Upland Company. The
land At this point slopes down from
the heights OF Jesup Avenue TO Ma
combs Road and faces the small area
,bat lies between these foothills and
the Jerome Avenue elevated lines.