New-York tribune., 1922-12-03
Transit Forced
To Follow People
Into Bronx Suburbs
Auction SalesHave Reversed
Usual Procedure Of Pop.
ulatiOn Following the
Sub ways and TrOlleys
By Albert Goldman
President, Bronr Board Of Trade

4 lNoNaNfAtN W. afNNNfN ~
In my experience have found thai
IN city planning trantit usually pre-
eedet population, and that while transt
locates population II Is population
alone that creates values.
To my mind one OF The most interest
InR phases Of the real estate market u
the manner in which Joseph ?. Day, a.
an auctioneef, has succeeded In reyefs'
ing the city planning rule b. attract
ing population 10 sections that IN 2
measure lack 100 per cent rapid traner
facilities, the result Of which u y
compel the introduction Of better rapio
transit By creating the demand for r.
one result Of this inbux OF new pop.
ulation has been the double tracking
Of the East fremont Avenue trolley
line, which runs between Westchester
SQUARE and Eastern Boulevard. Ihif
transit Improvement means that the
fremont Avenue line soon Will be ~
operation from University Avenue to
the Eastern Boulevard instead Of stop
ping az Westchester Square, and that =
similar extension Of the East nth
Street line Is 10 be expected.
such transit line Improvements fe
feet the readiness and willingness q
the Third Avenue Railway Company N
meet the demand for Increased transit
facilities, whenever II can be shown
/ that such q demand really exists.
The marketability Of these outlying
properties is due primarily 70 the nat
ural advantages OF their location, anc
seeondarily, to the Willingness Of the
/ old time "neckers' 20 walk % and ron
their homes and the village Of West
chester, At Westehester Square. How
ever, Il Is no longer necessary 10 Do
this ia the Throg's Meek section, A.
there are now plenty Of local stores and
a fine business development along East
fremont Avenue and Eastern boule'
yard.
along Gun Hill Road are tho Columbis
/ Oval and Eastchester sections, both OF
which we're opened recently by AUCTION
sales. have been followed By home
building, and these builders are Dc
serving OF the best transit facilities
the City Of New York can give them.
Another promising section OF he
Bronx, where ! expect 70 see apart
ment builders active next year, Is the
Areeo-Astor district, betwcen West.
chester avenue and the Clsson Point
section on the east. and the old Var
Nest section on the west, A building
movement that Is now underway u .
J Logical extension Of the Hunts Point
and Watson est8te-Ameriean Real
Estate Company Developments.
Clason Point, along both sides 81
Sound View avenue, between West
chester avenue and the East River, h
developing rapidly on and near ~
waterfront In the section cast OF The
Clason Point Military Academy anc
Lafayette avenue, with the Higg,
I Beach and Killisn Beach camping and
bungalow section as the scene Of great
est building activity.
The Clason Point district should Dc.
yelop more rapidly, a. the Clasoi
Point Road ((Sound Wow Avenue
trolley line, whlch formerly ran under
A thirty.minute headway, now operate,
under = scven-minute headway In rusi
hours, and an eleven-minute headWa,
throughout the day. Two signihcanl
building operations IN this district arr
the construction os public school No
IS at Sound View and Lafomee Ayenv'
and large Roman Catholic church and
parochial school, almost directly op
Millions Of dollars have been IN
vested IN high grade apartment honse'
IN the Universal Height section
which for many years was that Of
private house settlement. To-day bcti
! University Avenue and the Concoorf'
are lined NTH apartment houses o.
great size. that rent rapidly enough -
iaO 10 $50 4 room.