The Syracuse Herald
BIG TRACT IS SOLD
University Hill is Bought for $150,000.
USED FOR RESIDENCES
Deal is Largest Involving
Undeveloped Property Made in Years – Plans for the Development of the
Property Are Under Way.
March 1, 1911 - p. 3
transferring the title of a large tract of land in the University Hill
section from the University Heights Land company to the Berkeley Park Land
company were filed with County Clerk James C. Butler today. The deal was one
of the biggest involving undeveloped residence property made in this city in
a number of years. It was negotiated by C. S. Congdon through William F.
Rafferty, president of the University Heights company.
The property consists of about forty-one acres along the east side of
Comstock avenue, one block south of Euclid avenue, extending east ot
Ackerman avenue and south to Broad street. It comprises 150 fifty-foot lots
and is the only undeveloped tract of any city between the university and
Westcott street. The university campus is but 600 feet from the northern
The big tract is to be laid out at once for high class residential
purposes, it was stated today by Mr. Congden, the president of the new
company. It will be known as Berkeley Park.
The property is to be restricted to residences and but one will be
permitted on a lot. Restrictions will also be placed on the minimum cost of
each house. There has been a big demand for restricted property in the
University hill section.
The consideration in the transaction is held private. The tract is
estimated to be worth more than $160,000. It includes eight acres of wooded