Lighthouse buys landmark Long Island bank building.Lighthouse 925, an affiliate of Lighthouse Real Estate Ventures, has acquired the landmark Franklin National Bank Franklin National Bank, based in Franklin Square in Long Island, New York was once the United States' 20th largest bank. On October 8, 1974, it collapsed in obscure circumstances, involving Michele Sindona, renowned Mafia-banker and member of the irregular freemasonic lodge, building in Franklin Square Franklin Square, uninc. city (1990 pop. 28,205), Nassau co., SE N.Y., on Long Island. Although it is chiefly residential, there is significant manufacturing, including fire extinguishers, dye castings, electrical machinery, and lighting fixtures. , Long Island, the Lynbrook company announced. The historic building has been a standout on the Long Island landscape for decades as a site of innovation that has influenced modern-day suburbia, too. Renovations are planned for the building, including an upgraded HVAC (Heating Ventilation Air Conditioning) In the home or small office with a handful of computers, HVAC is more for human comfort than the machines. In large datacenters, a humidity-free room with a steady, cool temperature is essential for the trouble-free system and new carpeting, paint and wall covering in common areas. Cosmetic improvements will also be made to the elevator, which recently underwent a mechanical overhaul. In addition, the historic clock tower that distinguishes the building on the local landscape will be fully restored. Leases have already been signed for nearly three-quarters of the commercial space available in the 40,000 s/f, 4-story building at 925 Hempstead Turnpike. New building tenants include JP Morgan Chase and the Child Care Council of Nassau County Nassau County is the name of two counties in the United States of America:
The remaining office suites in the building range from 400 to 3,699 square feet and would be ideal for both office and medical tenants. Aggressive lease packages are being offered, and broker cooperation is encouraged. In 1952, Franklin National Bank, then the largest in Nassau County, issued the country's very first credit card, giving rise to the modern installment credit Noun 1. installment credit - a loan repaid with interest in equal periodic payments installment loan consumer credit - a line of credit extended for personal or household use loan - the temporary provision of money (usually at interest) industry. Also making their debut at this Franklin National location were the first certificate of deposit and the first drive-through banking window, creating the modern convenience that is now a staple of suburban life. "The Franklin National Bank building offers tenants an ideal location on one of the most highly trafficked areas of the Hempstead Turnpike commercial corridor, with completely upgraded support systems and amenities," said Paul Cooper For the speedway rider, see . Paul Cooper (b. 21 December, 1953, Staffordshire) is a former English professional footballer. Having started out for Birmingham City as a goalkeeper apprentice, he moved to Ipswich Town in 1974 where he spent the majority of his career , a principal of Lighthouse Real Estate. "This is a true landmark building in Nassau County which offers high visibility as well as cachet cachet /ca·chet/ (ka-sha´) a disk-shaped wafer or capsule enclosing a dose of medicine. ca·chet n. An edible wafer capsule used for enclosing an unpleasant-tasting drug. for any commercial tenant." |
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