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GRAVESEND TRACK FOR RESIDENCES NKW YOHK N A March 19 The famous old Gravosond race track is a thing of the past An ¬ nouncement was made yesterday that the Prooklyn Jockey Club has sold the property of Wood Har ¬ mon Co real estate developers for 7iOOO The property at Ocean Parkway Kings Highway and Gravesend avenue consisted of about ninety acres which will be cut up into building lots lotsThe The sale of the Gravesend race track marks fhe last of the three big tracks that have gone out of existence in Kings County since the passage of the HartAgnew law during Governor Hughes administration in 1JOS The Hrighton Heach prop ¬ erty has boon turned into a bungalow colony ami the old Sheopshead Hay track was converted into the speedway that is now being demolished demolishedThe The Hrooklyn Jockey Club course was opened thirtyfive years ago with Philip and Michael Dwyer as the principal stockholders Others holding stock included James Shevlin James Hyde Kobert Furey Fred Kehberger and Charles Cooper