Tuesday, July 15, 2008

Central's Flatiron building new home to Trustco Bank



Carrow Real Estate Services announced that one of the district's most unique buildings will soon be home to a Trustco Bank. The Flatiron-style building, located near the head of Central Avenue, has stood vacant for a long time, but is currently being transformed into a bank building.
Carrow leasing agent Rudy Lynch is excited about the new tenant. "It should really add to the growth in that whole area," Lynch said.


Trustco will occupy the first and second floors of the four-story building, which are currently being gutted and remodeled, Lynch said. "They started from scratch," he said.

Construction work is going along smoothly, and he anticipates that the bank will move in by the end of the summer, he said. The triangle-shaped building is set on a three-street intersection, where Henry Johnson Boulevard meets Washington Avenue and Central Avenue. This heavily-traveled corridor will be a great location for a bank, and the parking lot behind the building and the on-street spots provide ample parking for bank customers, Lynch said.
Carrow Real Estate, the company that owns and manages the property, has been looking to put a bank in there for some time, and finally made a deal with a local bank this year, he said.

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