The Bridgeport times and evening farmer., 1920-11-29

LHlS leSulL OI bppIOAlLldlSly PI, = 460,000 is moot gratifying when you think of the disturbed industrial con- dftions through this last month while we were advertising this property. am advised that during this period on some days as many as a thousand men a day were being laid off, but saw one big thing for Bridgeport In thfs sale, and that was that this prop. erty opened up into the hands or many people was going to IT axe a gerat deal more business for z5- idge- port real estate brokers. insurance men, painters, carpenters, plumbers and the like.
 3ltrOn the other hand, I think the East End Realty Corporation whose policy dominated in the offering or this property at public sale have earn ed the commendatdon of the people of Bridgeport for the broad-1r1nded aeMhide they adopted in the decls1on to have the sale of each and every Tffcel made for what the public was wduling to pay for it.
 "F'inaily, the people that bought at this sale. have made their purchases at very reasonable prices and they have the satisfaction of knowing m many cases that they own their own homes, thus making for a better clt1- zenship in Bridgeport"
 A perusal of tbe list of purchasers bears out the contention made in MT. Days closing paragraph, as it con- tains the names not only of a great many tenants of the properties. but of many others who bought with the intention of occupying their prop ,erty, bringing the total in these classes to about 50 per cent. of the dwellings sold.
 Despite the fact that most of the property is in very good condition several orders have already been placed for repairs and alterations deemed necessary by the new owners.
 As a sample of how many resales were being made, MT. Murphy Of MT: Days forces stated that he knew of nearly fifty that had been arranged within the auditorium during Satur- days session.
 Many more of the parcels will be disposed of again before long. MT. william Chatlos, one of the largest investors in dwellings at the sale has sold only two houses, although all had been bought for resale. It was evident from MT. Chatlos' remarks that he was satisfied that his pur- chases were made at price sufhcl- lently below the market value to wait for the present at least for prospec- tive buyers to come to him, and ne fhas not felt it necessary to inaugur- ate any active campaign for the d1S- ,posa1 of his holdings.
 Similar expressions of opinion were .obtained from other large investors Nathan Cohen of AnSonia, acting TOT Ia syndicate headed by his father, who is a real estate dealer in that town,
 
 resale and that he was confident the six houses on Remington, two on Do- ver and two on Willow streets that he purchased would find a ready mar 1tet.
 MT. Cohen also bought in two brick siormitories on Palisade avenue erect ed at a cost of $52 900 each, and hav- sng accommodations for 240 people at S2O,OOO each. MT. Cohen stated that he was willing to sell the prop critics as they stand for a modest profit, and if they did not find a ready market the syndicate which is financ- ing the proposition were in a position Ao provide the funds for any altera- tions that might be necessary.
 Dormitory No. 1, identical with the others, was first knocked down tc Frederick Charles, a large operator from BronxvMle, N. Y, at $20,0OO who expressed the intention of remod cling them into apartments. Before the. sale had been consummated, how ever, MT. Charles withdrew from th' itranSaction, and a bid of $19,5O0 from Samuel Steinlauf of this city was ac 'cepted. MT. Steinlauf made severa other purchases, and these as well a: the dormitory property he will resell
 Of the 19O lots disposed of Saturda, on Tudor, Dover, Remington, Harvey Birdsey, and Price streets, Boston Palisade and North Summerfield ave cnues, 149 went to Michael Robstock o Boston avenue for $275 each. Twt lots at the corner of Barnum a.nt Bishop avenues which the Remington bought for $3,50a each went fo t$1,550 each.
 Four Willow street lots went fo g$275 each. Three lots at the corne of Boston avenue and Willow brough $500 each.
 Several local men participated il the early bidding on the acreage plot in Saturdays sale. but all went t