New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-28
Century-Old
BronxHoldings
La Many Hands
$500 Bid for Lots in Park
mont, Estate of Watson
Family, in Eas,chester;
Owned for $50 Years

Parkmont, the old estate Of the Wat
son family in the Eastchestcr section
OF the Bronx. owned for more than
ioo years by the same family. is now
IN the hands Of a few hundred indi-
viGuals who are likely to speedily de-
velop the land with small dwellings,
terday in the Vesey Street auction
room when Joseph p Day sold the
property in lot size parcels for prices
ranging from few dollars up to So, O75.
inc sale sweeps away the last barrier
20 the complete development of the
entire section surrounding the Gun
HI Road station of the New York,
boston e. Westchester Railroad. The
property adjoining the Watson land
was sold last year by the Eastchester
oyndlcate through Joseph P. Day to
,i'ZOo people, lis of whom have erected
MONIES and another 200 are engaged in
building there. Since then the Burke
Foundatlon property was sold to home
seekers. These properties adjoin the
90 Watson lots disposed OF yesterday
at public sale.
More than 800 persons attended the
auction. w.
The principal purchase of the day was
MADE by +. J. langley, an investor, who
bought the block front on the east side
OF Eastchester Roat at $4,000. Another
large sale was made to George T. Bern
ara, who bought the northwest corner
OF Eastchester Road and Waring Ave
nue. paying $2,075. Mr.. Bernard bought
more tnan forty lots at the Bruce
niowh Estate auction sale last Spring,
when nS ne recently resold at profit.
, rlots on the west side of Eastche ster
road between Waring and Mace Ave
hues, brought from $4,000 to s1.425
each, while a small lot at the corner
OF Eastchester Road and Mace Avenue
was sold for S525. The southwest cor
ner OF Eastchester Road and Waring
avenue brought $1,000 and adjoining
lrl' plots to the west brought s1,375.
=. ne southwest corner of Waring and
renton Avenues was sold for 1878.
'whlle the opposite northeast corner
brought S825. The plot adjoining to
the e, east was sold for $1,000.
ne northwest corner of Waring
a sno Morgan Avenues, was sold for
AGO. as was the northwest. corner of
warlng and Fenton Avenues, inside
lots bringing S275 each. Inside plots
on Morgan Avenue, between Waring
and Mace Avenues, BROUGHT $3.50. wb;le
on seymour Avenue, between Waring
and Mace Avenues, brought 5000 each
A plot on the southside of Waring
Avenue, between Seymour and Warine
avenues, brought $500, while short
P!ots on the same avenue, between
flsh and Seymour Avenues sold for
$3.50 each. 0-o 4o1
On Woodruff Avenue, between War
ing and Mace Avenues. plots averaged
$3.50 each to $500, and on Mace Ave-
nue., west of Woodruff Avenue. S7OO
each. Plots on the east side of Wood
null Avenue brought 1925 each. while
Tn Inc southeast corner OF Mace ard
woodruff Avenues, sold for $3.50. Fol-
rowing ,9 is a partial list of buyers:
William j. Mansfield, Richard E.
LORD Minnie Campbell, Samuel Vein
stein, Percy Fischel, M G. McQuade.
John Costello, John Martin. joseph T.
Haas, David Grant, M. Adds, Jacob
Horowitz. Thomas Sheehan, John S.
Hickey, William Gerry, Patrick Grant.
aelen NJ V. Curtis, j. B. Lussman,
George NJ. Pape, Otto Miller. joseph
"A. Labor, Michael Parsons, w. Rymo
wich, George w. Lame, Edward D. w
Moeslein, George R. Spartan. Henry
w. Kraus, Frederick T. Newhall. and
Mrs. L. Budd.
Former Public Service Commissioner
John E. Eustice congratulated Mr..
LAY after the sale. AS attorney for
Jne watson estate, Commissioner
Eustis has watched this property for
many years. He said the prices paid
will look exceedingly cheap few
years from now, because this section
of the Bronx is bound to grow.
Frederic j. Bovine and Jerome W.
Watson, representing the Watson
estate, said that the prices were good,
and that the total was in excess of ex-
pcctations
Joseph P. Day. after leaving the
auction stand, said that the Watson
estate auction sale afforded another
opportunity for the public to buy home
sites at their own price. "The tax
exemption law" said Mr.. Day, played
a most important part in this sale.
Buyers are realizing the advantages of
this law, and hundreds have already
started to build homes on properties
sold by me at public auction during
the last year"
REAL ESTATE-SAIE OR RENT