Tuesday, February 22, 2011

Billionaire Buys Palm Beach PO for $3.7 Million

Palm Beach Main Office
Palm Beach Main Office lobby

Photos: JoAnn Goodrich

Billionaire Jeff Greene has purchased the Palm Beach Post Office at 95 North County Road for $3.7 million. He plans to use the Mediterranean-style building to house the offices of his Palm Beach-based company, Florida Sunshine Investments I, Inc.

The Postal Service must vacate the building in 140 days. A new facility named Palm Beach Post Office will open in Royal Poinciana Plaza. The Postal Service signed a 10-year lease at this location and should be open for business on or around July 4, 2011.

Unlike the North County Road branch, the Post Office will not be a transfer hub for letter carriers and mail trucks, but will serve customers with all of the services they can currently get at the main branch.

Employees from the North County Road location will be assigned to support the carriers in their new residence (to be determined) or will be assigned to the Royal Poinciana Plaza location.

The PO lobby on North County Road will remain intact, in accordance to preservation covenants attached to the special warranty deed. Those covenants are related to the 1936 building's status in the National Register of Historic Places. The historic preservation covenants state that "No construction, alteration, remodeling or any other work shall be undertaken on the former Main Post Office, which would affect or diminish the integrity or the appearance" of the building unless approved by the Florida State Historic Preservation Officer.

The covenants also list "architecturally and/or historical significant exterior and interior features" that include the set of three murals depicting a Seminole village painted in the late 1930s by artist Charles Rosen and installed on the lobby's east wall. Also mentioned is the two-story "space and volume of the public lobby," the Post Offices Boxes on the lobby's north and east walls, bronze and wood grilles covering the lobby's second-story windows, and the lobby's two marble pedestal desks and tile floor.

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