bargain and sale deed without property if the successful bidder and the person so failing to comply which may result from such resale. ll bids. The premises in question consist of a spac half of the ground floor of the buildings Nos The rent is $3,400 a year. Efforts are being at a less rental than is paid for the prese I therefore respectfully recommer being the same as previously paid, tha a resolution authorizing the Compt month-to-month basis, for a perio the rate of $3,400 per annum, fo ures, for the easterly half of 49th Street, Borough of Ma furnish heat and janitor therefor. Respectfully, Resolved, That th L. Nicholas, rental at a month to month for the easterly h Borough of Ma Measures; the payment to b The rer voting in t Sale a the Τ Α' tion adopted, all the members present vot of Land Located on the Northerly Side of to President Street from Hicks to Henry klyn. au of Municipal Research was heard in opposition time, and a discussion followed as to the upset price ground. as to whether the Board desired to reserve the property ll it, and it was the sense of the Board that the property ging Comptroller then presented the following reports and solution. Commissioners of the Sinking Fund: July 12, 1916. City of New York is the owner of a parcel of land located on the rroll Street, running through to President Street, between Hicks Borough of Brooklyn, being about 150 x 200 feet. ceipt of an offer for the purchase of the same at public auction at an 8.5000, which, to my mind, is its fair and reasonable value. respectfully recommend that the Commissioners of the Sinking Fund ahora sale at public auction of the following described property: Beginning at a point on the northerly line of Carroll Street, distant 125 feet easterly from the corner formed by the intersection of the northerly line of Carparallel with the easterly line of Hicks Street 200 feet to the southerly line of roll Street with the easterly line of Hicks Street; running thence northerly and President Street; running thence easterly and along said southerly line of Presi dent Street 150 feet; running thence southerly and again parallel with Hicks Street 200 feet to the northerly line of Carroll Street; running thence westerly along the northerly line of Carroll Street 150 feet to the point or place of beginning, minimum or upset price of $65,000, which I deem to be a fair appraisal of the value thereof, and upon the following terms and conditions: -at a The highest bidder will be required to pay ten per cent. (10%) of the amount of the bid, together with the auctioneer's fees at the time of the sale, and ninety per cent. (90%) upon the delivery of the deed, which shall be within sixty (60) days from the date of the sale. The deed so delivered shall be in the form of a bargain and sale deed without covenants. The Comptroller may at his option resell the property if the successful bidder shall fail to comply with the terms of the sale, and the person so failing to comply therewith will be held liable for any deficiency which may result from such resale. The right is reserved to reject and and all bids. Respectfully, ALBERT E. HADLOCK, Deputy and Acting Comptroller. To the Honorable the Commissioners of the Sinking Fund: July 24, 1916. Gentlemen-At the meeting of the Commissioners of the Sinking Fund held on July 13, 1916. I recommended the sale at public auction of certain premises located at President and Carroll Streets, near Henry Street, Borough of Brooklyn, at a minimum or upset price of $65,000. At the request of the Bureau of Municipal Research, the disposition thereof was laid over until the next meeting. The question raised was whether or not the upset price was the market value of the premises to be sold. Since then I requested J. D. H. Bergen & Son, real estate brokers who have been in business in the neighborhood of these premises since 1881, to appraise the value thereof and have received from them the following report: Hon. WILLIAM A. PRENDERGAST, Comptroller, City of New York: Dear Sir-As requested in your letter of July 18th, 1916, we have examined the property described as follows, namely: All that certain lot, piece or parcel of land situate, lying and being in the Borough of Brooklyn, County of Kings, City and State of New York, bounded and described as follows to wit: Beginning at a point on the southerly side of President Street, distant 129 feet westerly from the southwesterly corner of President Street and Henry Street, running thence southerly and parallel with Henry Street 200 feet to the northerly side of Carroll Street; thence westerly and along the northerly side of Carroll Street 150 feet; thence northerly and again parallel with Henry Street 200 feet to the southerly side of President Street and thence easterly and along the southerly side of President Street 150 feet to the point or place of beginning. Our value on this land is $40,000, and for the buildings in their present condition would add $23,500 to the value of the land. This makes a total value of sixty-three thousand five hundred ($63,500) dollars. There are three brown stone houses, each 16.8 front, and five brick houses, each 20 feet front, on the President Street frontage of this property. No. 158 President Street is occupied as a rooming house, and No. 164 President Street is occupied as a two-family house. All the other President Street houses are occupied by four families. The buildings on the Carroll Street frontage are three brick stables and an old-fashioned one-family dwelling. The buildings are all in a very dilapidated condition, and owing to the great changes in the character of the neighborhood the buildings are not such as could be used to produce the most revenue. Coldwater flats would pay better. For your information would say that our records show that No. 152 President Street sold for $6,200; the City paid $8 000 for this house. No. 154 sold in 1903 for $4,450: the City paid for this $8.000. No. 156 sold for $6,250; for this the City paid $9,800. No. 160 sold for $7,500; the City paid $9,900. No. 162 sold for $7.000; the City paid $9,900. In February, 1905, the Produce Exchange Building and Loan Association purchased the property No. 125 and No. 127 Carroll Street at auction for $6,500. The City paid $19,500. The prices given above as paid by the City are not authentic, but newspaper reports of prices the City paid when they took over the property. Yours truly, (Signed) J. D. H. BERGEN & SON. This report more than confirms my appraisal. I therefore again recommend the sale of the premises in question. Respectfully, ALBERT E. HADLOCK, Deputy and Acting Comptroller. Resolved, That, pursuant to the provisions of section 205 of the Greater New York Charter, as amended, the Commissioners of the Sinking Fund hereby authorize and order a sale at public auction of a parcel of land located on the northerly side of Carroll Street running through to President Street, between Hicks and Henry Streets, Borough of Brooklyn, bounded and described as follows: All that certain piece or parcel of land, with the buildings and improvements thereon erected, situate, lying and being in the Borough of Brooklyn, City of New York, bounded and described as follows: Beginning at a point on the northerly line of Carroll Street, distant 125 feet easterly from the corner formed by the intersection of the northerly line of Carroll Street with the easterly line of Hicks Street; running thence northerly and parallel with the easterly line of Hicks Street 200 feet to the southerly line of President Street; running thence easterly and along said southerly line of President Street 150 feet; running thence southerly and again parallel with Hicks Street 200 feet to the northerly line of Carroll Street; running thence westerly along the northerly line of Carroll Street 150 feet to the point or place of beginning. -the minimum or upset price at which said property shall be sold be and is hereby appraised and fixed at the sum of sixty-five thousand dollars ($65,000), and the Comptroller be and is hereby authorized and directed to take the necessary steps for conducting such sale upon the following terms and conditions: The highest bidder will be required to pay ten (10) per cent. of the amount of the bid, together with the auctioneer's fees at the time of the sale, and ninety (90) per cent. upon the delivery of the deed, which shall be within sixty (60) days from the date of the sale. The deed so delivered shall be in the form of a bargain and sale deed without Covenants. The Comptroller may at his option, resell the property if the successful bidder shall fail to comply with the terms of the sale, and the person so failing to comply therewith will be held liable for any deficiency which may result from such resale. The right is reserved to reject any and all bids. The reports were accepted and the resolution adopted, all the members present voting in the affirmative. Petition of Milton Hirschman for a Release of the City's Interest in the Bed of Old White Plains Road, Between East 236th Street and White Plains Avenue, Borough of The Bronx. The Deputy and Acting Comptroller presented the following report and offered the following resolution: To the Honorable the Commissioners of the Sinking Fund: July 21, 1916. Gentlemen-I am in receipt of a petition to the Commissioners of the Sinking Fund from Milton Hirshman, requesting a release of the City's interest in the bed of Old White Plains Road, between East 236th Street and White Plains Avenue, Borough of The Bronx, as laid out and acquired by The City of New York. Mr. Hirshman is the owner in fee of Gore 5, Map of Wakefield, and plots 1, 2, 3, 4 and 5, map of Whitehall Realty Company. The Corporation Counsel in a communication under date of June 9, 1916, states that the City never had more than an easement in said road and that its interest therein is only nominal. I therefore respectfully recommend that the Commissioners of the Sinking Fund authorize a release to Milton Hirshman of the City's interest in all that certain piece or parcel of land situate, lying and being in the Borough of The Bronx, City of New York, bounded and described as follows: Beginning at a point in the northerly line of East 236th Street as widened, distant 25.9 feet easterly from the intersection of the northerly line of East 236th Street, as widened, with the easterly line of White Plains Avenue, as widened; running thence N. 21 degrees, 53 minutes, 20 second E. 88.32 feet to the easterly line of White Plains Avenue as widened; running thence along the easterly line of White Plains Avenue as widened N. 38 degrees 57 minutes, 00 seconds E. 111.57 feet: running thence S. 51 degrees, 03 minutes, 00 seconds E. 27.71 feet; running thence S. 26 degrees. 03 minutes. 45 seconds W. 125.37 feet; running thence S. 21 degrees, 54 minutes, 20 seconds W. 71.62 feet; running thence S. 17 degrees, 06 minutes, 12 seconds W. 5.73 feet to the northerly line of East 236th Street as widened; running thence N. 51 degrees, 03 minutes, 00 seconds W. 52.89 feet along the northerly line of East 236th Street, as widened, to the point or place of beginning. -in consideration of the sum of $101, plus an additional charge of $12.50 for the prepa ration of the necessary papers. The release to contain the following terms and conditions: That the grantee waive any and all claim for damages arising out of the closing of the street or avenue. That the grantee is the owner of the land fronting on the section of the street or avenue to be conveyed. The deed not to be delivered until the grantee has paid whatever taxes and assessments are liens against the premises to be conveyed. Respectfully. ALBERT E. HADLOCK, Deputy and Acting Comptroller. Whereas, Milton Hirshman, in a petition addressed to the Commissioners of the Sinking Fund, requests a release of the City's interest in the bed of old White Plains Road, between East 236th Street and White Plains Avenue, Borough of The Bronx, as laid out and acquired by the City of New York. Resolved That the Commissioners of the Sinking Fund hereby determine that the land described as follows is not needed for any public use: All that certain piece or parcel of land situate, lying and being in the Borough of The Bronx, City of New York, bounded and described as follows: Beginning at a point in the northerly line of East 236th Street, as widened, distant 25.9 feet easterly from the intersection of the northerly line of E. 236th Street, as widened, with the line of easterly White Plains Avenue, as widened; running thence N. 21 degrees 53 minutes 20 seconds E. 88.32 feet to the easterly line of White Plains Avenue, as widened: running thence along the easterly line of White Plains Avenue, as widened, N. 38 degrees 57 minutes 00 seconds E. 111.57 feet: running thence S. 51 degrees 03 minutes 00 seconds E 27.71 feet; running thence S. 26 degrees 03 minutes 45 seconds W. 125.37 feet; running thence S. 21 degrees 54 minutes 20 seconds W. 71.62 feet; running thence S. 17 degrees 06 minutes 12 seconds W. 5.73 feet to the northerly line of East 236th Street, as widened; running thence N. 51 degrees 03 minutes 00 seconds W. 52.89 feet along the northerly line of East 236th Street, as widened, to the point or place of beginning. -and be it further Resolved, That, pursuant to the provisions of section 205 of the Greater New York Charter, as amended, the Commissioners of the Sinking Fund hereby authorize a release to Milton Hirshman of the interest of the City of New York in and to the property hereinabove in this resolution bounded and described, in consideration of the sum of one hundred and one dollars ($101), plus the additional charge of twelve dollars and fifty cents ($12.50) for the preparation of the necessary papers. The release to contain the following terms and conditions: That the grantee waive any and all claims for damages arising out of the closing of the street or avenue. That the grantee is the owner of the land fronting on the section of the street or avenue to be conveyed. The deed not to be delivered until the grantee has paid whatever taxes and assessments are liens against the premises to be conveyed. The report was accepted and the resolution adopted, all the members present voting in the affirmative. Department of Water Supply, Gas and Electricity-Communication from, Turning Over as no Longer Required, a Parcel of Land Described as Parcel 1 and Two Frame Buildings Thereon at Rockville Center, Nassau County. The following communication was received: February 1, 1916. Commissioners of the Sinking Fund, Municipal Building, New York City, N. Y.: Gentlemen-Owing to a change in the organization of the Watershed, Borough of Brooklyn, two buildings, "A" and "B," on attached map 10636-Z, formerly used as an office and storehouse at Rockville Centre, are no longer required for any purpose by this department, neither have we use for parcel of land (No. 1 on said man), upon which the buildings are located. I, therefore, recommend that they be taken over by you for sale or other disposition, provided, however, that in disposing of parcel No. I the following condition be imposed: "That The City reserves the right to lower the natural ground water level of the said land by the operation of any pumping station now in use or that may be constructed in the future." I also desire to release a permanent easement for highway purposes across parcel No. 3 on the said map, with the suggestion that this easement be conveyed to the village of Rockville Center and the town of Hempstead for highway purposes. Of course, it is the intention that ample provision be made for perpetuating the City's right of maintaining the existing water pipe line and the right to install and maintain addtonal lines if need therefor should arise in the future. Technical descriptions of the said parcels, "1" and "3," are enclosed. In connection therewith the Deputy and Acting Comptroller presented the following report and offered the following resolution: To the Honorable the Commissioners of the Sinking Fund: July 21, 1916. Gentlemen-The Commissioner of the Department of Water Supply, Gas and Electricity, in a communication to your Board, surrenders to the Commissioners of the Sinking Fund, as being no longer required by the Department of Water Supply, Gas and Electricity, the plot of land designated as Parcel No. 1 and two frame buildings thereon, at Rockville Center, Nassau County. He also releases a permanent easement for highway purposes across Parcel No. 3, with the suggestion that this casement be conveyed to the Village of Rockville Center and the Town of Hempstead, both parcels being shown on map 10636-Z of the Department of Water Supply, Gas and Electricity, entitled "Map showing property to be sold at Rockville Center, L. I.," these parcels turned over to be subject to certain restrictions contained in the communication from the Commissioner of the Department of Water Supply, Gas and Electricity. The premises surrendered are located in the Village of Rockville Center, Town of Hempstead, Nassau County, N. Y., and are bounded and described as follows: Fee to Parcel No. 1. Beginning at a point on the northerly side of the easterly extension of Observer Street, said point being located 163.82 feet measured easterly along the northerly property line of said easterly extension of Observer Street from the easterly line of Morris Avenue; running thence northerly with a deflection to the left of 92 degrees 50 feet 40 inches from the boundary line between Parcels No. 1 and No. 3, a distance of 181.78 feet to a point; thence easterly with a deflection of 89 degrees 41 feet 20 inches to the right, a distance of 375.34 feet to a point; said point being an angle point in the northerly property line of the easterly extension of Observer Street; thence southwesterly deflecting 138 degrees 9 feet 20 inches to the right along the northerly line of said easterly extension of Observer Street, a distance of 285.96 feet to a point; thence deflecting to the right 45 degrees still along the easterly extension of Observer Street, a distance of 163.55 feet to the point or place of beginning, containing within said bounds 1.1627 acres, more or less. Permanent easement for the use of the surface for highway purposes across Parcel No. 3. Beginning at a point on the easterly line of Morris Avenue, said point being formed by the southerly boundary line of the easterly extension of Observer Street (72-inch pipe line, lands of the City of New York) and the easterly side of Morris Avenue; thence northerly along said easterly side of Morris Avenue 100.01 feet to a point on the northerly boundary line of said easterly extension of Observer Street; thence deflecting to the right 89 degrees 22 feet 30 inches along the northerly property line of said easterly extension of Observer Street, a distance of 163.82 feet to the point or place of beginning of above mentioned Parcel No. 1; thence continuing in the same straight line along the said northerly boundary line of said easterly extension of Observer Street 163.55 feet to a point; thence deflecting 45 degrees to the left along said easterly extension 285.96 feet to a point; thence deflecting 41 degrees 50 feet 40 inches to the right along said easterly extension 418.44 feet to a point in the westerly property line of Forest Avenue; said point being located 100.25 feet, measured southerly along said westerly line of Forest Avenue from the southerly property line of the Long Island Railroad; thence deflecting 94 degrees 2 feet 50 inches to the right along the westerly property line of Forest Avenue 100.25 feet to a point; thence deflecting 85 degrees 57 feet 10 inches to the right along the southerly property line of said easterly extension of Observer Street 373.13 feet to a point; thence deflecting 41 degrees 50 feet 40 inches to the left along the southerly property line of said easterly extension 289.15 feet to a point; thence deflecting 45 degrees to the right along the said easterly extension of Observer Street 369.89 feet to the point or place of beginning, containing within said bounds 1.9860 acres, more or less. I therefore respectfully recommend that the Comptroller be authorized to derive such revenue therefrom as may be had from the temporary leasing thereof, subject to the conditions contained in the communication from the Commissioner of the Department of Water Supply, Gas and Electricity, until the final disposition thereof shall be determined, which conditions are as follows: The City reserves the right in Parcel No. 1 to lower the natural ground water level of said land by the operation of any pumping station now in use or that may be constructed in the future, and the City shall have the right in Parcel No. 3 to maintain the existing water pipe line and to install and maintain additional lines, if need therefor shall arise in the future. Respectfully, ALBERT E. HADLOCK, Deputy and Acting Comptroller. Whereas, The Commissioner of the Department of Water Supply, Gas and Electricity having turned over as no longer required the following property located in the Village of Rockville Center. Town of Hempstead, Nassau County, N. Y., bounded and described as follows: Fee to Parcel No. 1. Beginning at a point on the northerly side of the easterly extension of Observer Street, said point being located 163.82 feet measured easterly along the northerly property line of said easterly extension of Observer Street from the easterly line of Morris Avenue; running thence northerly with a deflection to the left of 92 degrees 50 minutes 40 seconds from the boundary line between Parcels No. 1 and No. 3, a distance of 181.78 feet to a point; thence easterly with a deflection of 89 degrees 41 minutes 20 seconds to the right, a distance of 375.34 feet to a point; said point being an angle point in the northerly property line of the easterly extension of Observer Street; thence southwesterly deflecting 138 degrees 09 minutes 20 seconds to the right along the northerly line of said easterly extension of Observer Street a distance of 285.96 feet to a point; thence deflecting to the right 45 degrees 00 minutes still along the easterly extension of Observer Street a distance of 163.55 feet to the point or place of heginning, containing within said bounds 1.1627 acres, more or less. |
