The New York herald., 1922-12-31
EAST BRONX HAS
MORE HOME SITES
Section Along Sound View
Ave. Only Remaining Out
let for Lot Buyers.

.XITITH the surplusass Of popuiatioa
Wv in the Hunts Point ana West
Farms sections Of tho East
Bronx, and the development Of the
Throgs Neck and Pelham Bay PARK sso-
ton to the north. there arc inAtcations
Of concentration Of real estate and
building activity IN the district betwesa
these two sunsA paYticular4y In tA~ til.
angle formed by Westchsseer avsuus ON
the west. Clason Point and tho East
River on the east. tho Bronx River on
the south and White Plains road on the
north.
Westchester avenue, the weseuly
boundary Of this district, has Atsly
been the scene Of two Of the largest l,s
sales Of recent ysars The nrst wss the
public auction sale OF tho 1869 william
Waldorf Astor estatealots. sold On June
IA last at the Hotel Astor for more than
s1.700,000
The second transaction was tho pur-
chase by Louis Gold and associates OF
the 1000 Areco-Watson estate lots from
the receivers of the American Real Es-
tate Company, for immediate improve
'nent with apartment houses for 1900
families. The Gold houses will be rendy
for occupancy by the end OF the spring
OF 1923. and, 1t is stated, will represent
an investment OF more than $4,000, 900.
Mr.. Gold since the purchase Of these
lots has resold number Of them to
builders Many Of the buyers at the
Astor estate sale are now planning
apartment houses. multi-fan1ily dwell
ings and stores
This lot buying and building activity
west OF ,Westchester avenue means that
the last tracts OF vacant land In the East
Bronx along Westchester avenue aud
south OF White Plains roads have been
absorbed, and coincident with their i'm.
provement next year soon will be the
scene OF large operations similar to those
that characterize tho overpopulated
Hunts Point district
The only remaining outlet for lot buy
ers and the activities Of builders is the
adjacent section along Sound View ave-
nue (Clason Point road), which is tho
dlrect route from Westchester avenue TO
the East River. and also the route Of the
Sound View avenue trolley car une.
which connects with the Ciason Polnt
ferry TO Long Island.
This section of Tho Bronx has larred
irGely perhaps because of the unim-
provement of the westerly area con-
trolled by the Astor family and thu
American Real Estate Company. For
many years the estate Of Bradish john
son controlled two largo tracts north
OF Clason Point road, on the south
side Of which the Clason Point Military
Academy occupies several square blocks
The Bradish johnson estate properties
consisting of $40 lots, were sold at pubs
lie auction on June 20 and 80, 1915, by
Joseph j. Day. auctioneer This sale
marked the beginning of the subdivision
Of the large estate holdings Of this dis
trict. More recently, on June 20, 1922.
Mr.. Day also sold for the Banyer Lud-
low estate the smaller tract of 200 lots
on and In the vicinity of Sound View
and Ludlow avenues.
Clason Point as the section along
both sides of Sound View avenue IL
known, Is developing most rapidly at
the present time in the section near tho
water front. where the Higgs Beach and
KilleaD Beach Camping and Bungalow
sections are the scenes Of the largest
amount of building activity.
From now on the Clason Point dis
trict should develop more rapidly than
ever before, not only because Of the i'm
provement Of the American Real Estate
Company and Astor tracts along West
chester avenue but also because the
Clason Point road trolley line, which
formerly ran under thirty minute
headway. now operates on a seven min
ute headway In the rush hours and on
an eleven minute headway throughous
the day. Two significant building oper-
atoms In this district are the construc-
ton Of Public School No. SO at Sound
View and Lacornbe avenues and a
Roman Catholic Church and parochial
school almost opposite. These schools
are being built to accommodate the big
population OF the future. and that popu-
lation is now in sight.