The New York herald., 1922-05-28
Auction Market Reaching
Climax in Huge Lot Sales

, influence on those who had lived within
the area OF the 212 acres. This NIGH.
be taken as an earnest that the future
dwellers in Forest Hills West--which
Is the name OF the new section-wfll not
be bothered with doctors bills to the ex-
tent their lower level neighbors are.
Fifty-eight streets are to be opened
UP in this Newton tract Some almost
cut farm houses in twain. Others run
so that when the lots are measured UP a
complete house will stand on single
lot. Mayhap some buyer will move his
goods right in from his congested city
quarters and live the farm house life.
Real estate operators declared yester-
day that there never had been finer
piece of land cut up for streets and
homes. There are to be two railroad
stations established In the new section
of Forest Hills West and according to
report, plans Tor all necessary i'm
provements have been set In motion. So
the last radish. the last onion and the
last lettuce will soon be pulled up from
the Newton tract by the real estate
Improvement p1ow. Then the Mata-
wok Land Company, which owns the 212
acres will offer for absolute auction sale
by Joseph p Day, between 1900 and
1000 lots into which this magnificent
radsh land will have been divided.
Another large sale to be conducted
by Mr.. Day involves the 1863 lots on
174th, 175th and 177th streets, West
chester avenue, and adjacent thorough
fares in The Bronx which will be Of
fered for the estate of William Waldorf
Astor in the Hotel Astor on June "a.
is, 16 and II. ,J.-Clarence Davies VIII
be associated with Mr.. Day, In the sale
Transit and real estate values go hand
in hand. The magic wand of transit is
waved, over vacant land and aimost
overnight community of residents
springs up and values rise. Forty-sec-
ond street and Broadway hardly has
more lines than cross the Astor prop
critics in The Bronx. There are two
branches OF the Lexington avenue sub
way, Pelham Bay and Bronx Park lines
| on Westchester avenue and the Broad
way. Seventh avenue subway on 777th
| street. T1hs New York, Boston and
| Westchester line also touches at 1S0th
| street. The Southern Boulevard, Bronx
and Van Cortlandt Park. East fremont.
| Westchester avenue and Clason Point
surface cars run on Sound Vtsw avenue
and tap the property. Buses also run
on East 1s0th street.
| A number of improved and vacant
properties in Manhattan. Bronx, Brook
| lyn. Queens and Westchester county are
| included in thu real estate to be sold hy
Mr.. Day on Thursday. June 8. In IT
| Vesey street at noon. An important
| offering is that of the properties he
| longing to the estate of the late John
| G. Clegg. all of which are to be dispos ,tt
| of at absolute trustees sale, as follows
The three tenements with stores at 2si
| to 230 East 106th street. the dwelling ~
| II East 120th street. the store and tene-
ment at 11S9 First avenue. the dwelhu.
at Flo West Thirty-ninth street and tll,
| tenement and frame building at l5J
| Spring street and 81 Thompson street
On Thursday next at IL o'clock i'm u
| Vssey street Mr.. Day will sell all or the
lots on Third. Fourth and Fifth streets
and on Fourth and Fifth avenues.
Brooklyn. remaining in the possessun
of the Litchfield Estate. after seventy
five years of ownership. These lots are
diagonally opposite the old Washington
Park Baseball grounds.