New-York tribune., 1922-10-27

Sells Athletic
Field lin Bronx
i Few Hours ]. r. Day
Disposss of Tract ia
Home Bull ders and Busi.
ness Mem for $35I, $50

Columbia University has sold Its old
ssh,etic fed, In the upper part of the
hsx,ny. fsr q gce-sls3I s534,ssaJ fnrou IN
oseph r. Da,, auctioaeer. Columbia
,lsai. As IL has been known for many
sssrs. the I. ain.ng field fer Columbia
th.e;es, son wal be dotted with
ssyres, fats and small homGs, for the
property was soid yesterday in lots &c
aa,te.s TO about one hundred andi-
.duals, most Vi whom plan to inspro ,e
heir In chases as ssoa as . ssiUle.
Alfred T.. Marling and Frede.isk A.
,oetze, OF the board IF tsust. es OF C !.
am.p.a University, c. mp.imentea MIR,
Dsy q. ter the safe FIR sas good SAFES
naLs.ip lie displayed in finding buyers
q quickly for al abando led pro .)eety
Columbia had NJ need fer the did track
IA training fed s.nce Baker Field, n,
4 ne Dyekman seeeian, was donated TO
/ he university sonse me ago. That
vas iae only reasoA it, was placed IN
ihe handssof Mr. Day to be passed
aloag ~ home builders. In few A.uas
Nr. Day had relieved the trustees OF
the 2l9 Its 81. tie property fof total
of 1851 $50, which is ar average of ST.
sSS a lot. The sale will result IN the
speedy development of the prouertv
Rhisn fronts o. Gun Hal Rad, ns.
tween 2l1th Street and Bainbridgs
AsenL
joseph Lavender was the first buyer
sakiag the co.ner of Bainblidge Ave.
aue and 211th Street for ST,o00. Mr.
lavender explained tat he was bu,
ng the 1T as an investment for, HIS
children; The rectangular property on
Gun Hill Road and 1 y ron avenue was
sid for S2.UG0. When .Auctionesr Das
vas told Il was purchased for the
Montehore Home, which adjoias the
pot, Mr.. Day contr .bule the N. t;ai ia
per cent deposit and the usual auc.
heaeers fee. The packed salesronrn
appiauded the act. !
Pays HI hest Price
Constantine D. P4nagak. bought the
Gun Hill Road and ia noridge A senue
carner for $1,000. Mr., Panagak;s tooh
dthsr Gun hill trontages and property
sack.ng 1t up for a total of S25 .153
The Providential Realty and invest.
ment C.mL any, Charles E. Grammel
president. acquired large number OF
lots IN East 211th Street, Gilt. Street
and Gun Hill r -ad and Kings C ,llege
Place, for 1900. The Mass Manu-
taetui1ng Company M. j. Mass, presi-
aent. light the entire block bounded
oy Reservoir Place. Resetvoic Oval
Putnam Avenue and Gun Hill Road for
s3l,2G0.
Joseph Fox secured a rectangular
plot on Gun Hi Ro d and Perry A ie-
aue for S6,625. Fannie II. Lappe
bought two L Is on Bainbridge Avenue
Tor $4,000. HATTIE Reuter- bought tvs
lots on Gun Hiil Road near Bainb. iGee
Avenue for $1,000. William McC. nne 1
ok two lots on Tyrcn Avenue for
$1,000, and Margaret Sexton bought
'wo lots on Wayne Avenue for $500,
Trustees Well Satisfied
Mr.. Marling sad: ''lt was fine sale
and believe the public got bargains,
and Columbia University realized a
sood pr.ce for property that had fallen
Ato disuse."
Tt shows" said Mr.. Goetze, "that
proper. or m otIon and propers sales
manship W Ii mere andise vacATt prep
erty. Colu-ebia University is entirely
satisfied with the sale of it's property
and | congratulate the buyers Oh the
hne property they acquired
Mr.. Day said he hsgd expected such
2 big turn ut and confessed he was, a
little su prised at the highly inteiD.
gent bidding. Those wh1 Bid knew
What they we're bidding for. Builders
o~ug {, and ne lo5ks for greatly in.
creased values for all that scctio IN
Fhen improvements are started.