Lincoln Building has new owner 'LOT OF POTENTIAL': Businessman Brian Murray aims to restore Public Square landmark; no specifics yet [Watertown Daily Times, N.Y.] - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
December 21, 2012 Newswires
Share
Share
Post
Email

Lincoln Building has new owner ‘LOT OF POTENTIAL’: Businessman Brian Murray aims to restore Public Square landmark; no specifics yet [Watertown Daily Times, N.Y.]

Craig Fox, Watertown Daily Times, N.Y.
By Craig Fox, Watertown Daily Times, N.Y.
McClatchy-Tribune Information Services

Dec. 21--Businessman Brian H. Murray has acquired the Lincoln Building, one of Public Square's most important but long-neglected buildings.

On Wednesday, Mr. Murray, who owns a number of buildings in and around Watertown, closed on the five-story, 150-year-old landmark at 89-99 Public Square.

Mr. Murray, who owns the former Agricultural Insurance Co. building at 215 Washington St., purchased the dominant downtown gray structure for $500,000 from a Long Island corporation, 89-99 Public Square Properties LLC, whose principal partner was Allan Hillel.

"Unfortunately, it's been neglected for a long time," he said Wednesday. "But it really has a lot of potential."

Mr. Murray intends to restore the landmark to its once glorious past, although he does not have any specific plans for it. However, he does plan to talk to local organizations and agencies, such as possibly Neighbors of Watertown Inc., about getting involved in the project.

"I just think it's part of what I'm interested in doing because it's historic and needs to be restored," he said.

Except for some storefronts and tenants on the upper floors, the 43,000-square-foot building is mostly vacant. It includes nine storefronts, 17 offices and 16 apartments on the upper floors. At one time, it housed a theater, of which its black-tile marquee and ticket booth remnants are still noticeable.

Kenneth A. Mix, the city's planning and community development coordinator, said it was good news to hear about the plans to restore it, noting that there "has not been a lot of investment in it."

"We always kept an eye on it because it's need of restoration," he said, noting it is an anchor building along Public Square.

Reginald J. Schweitzer Jr., deputy director of Neighbors of Watertown Inc., said that Mr. Murray could exactly be who's needed to transform the building back to its past.

"Brian has the track record," he said. "He does a good job managing his properties."

During the mid-1980s, a former owner painted the facade, added some awnings on storefronts and completed some minor interior work but not much has been done since then. The Long Island group purchased it in 2006 for $435,000. It is currently assessed at $386,600.

Built in 1871, the structure was originally three stories tall; its top two floors were added more than 100 years ago.

When first built, it was known as the Dolittle and Hall Block -- which Mr. Murray used to name the building's corporation name -- and later as the Charlebois building after brothers Albert O. and Edward C. Charlebois, who designed the expansion in 1908 after similar commercial structures in Chicago.

In the past year, Mr. Murray has acquired a number of properties, including Palmer Street Apartments on the city's west side, College Heights Apartments off Coffeen Street and a small strip plaza in the town of LeRay. Most recently, he acquired the storefronts on the bottom floor of the City Center Plaza building that houses the Stream Global Services call center on Arsenal Street.

___

(c)2012 Watertown Daily Times (Watertown, N.Y.)

Visit Watertown Daily Times (Watertown, N.Y.) at www.watertowndailytimes.com

Distributed by MCT Information Services

Wordcount:  515

Advisor News

  • Using digital retirement modeling to strengthen client understanding
  • Fear of outliving money at a record high
  • Cognitive decline is a growing threat to financial security
  • Two lessons career changers wish they knew before starting the CFP journey
  • Americans less confident about retirement as worries grow
More Advisor News

Annuity News

  • CareScout Joins Ensight™ Intelligent Quote LTC & Life Marketplace
  • Axonic Insurance Annuities, Built for Banks, Broker-Dealers and RIAs, Now Available through WealthVest.
  • Allianz Life Adds New Accumulation-Focused Fixed Index Annuities
  • Allianz Life adds new accumulation-focused FIAs
  • Industry objects to ‘tone and tenor’ of draft NAIC Annuity Buyer’s Guide
More Annuity News

Health/Employee Benefits News

  • After health insurance subsidies end, 30,000 Idahoans will be uninsured, government report says
  • Georgia’s ACA enrollment plunges, raising concerns for rural hospitals
  • Pending cuts to Georgia Medicaid payments could affect children who need therapy
  • Orange schools, teachers union at impasse over health insurance
  • Miami judge sides with cancer patient, orders insurer to cover pricey treatment
More Health/Employee Benefits News

Life Insurance News

  • Agam Capital and 1823 Partners Announce Strategic Partnership to Provide Life Insurers with an End-to-End Value Chain Solution
  • AM Best Revises Outlooks to Positive for Western & Southern Financial Group, Inc. and Its Subsidiaries
  • Principal Financial Group Announces First Quarter 2026 Results
  • SBLI Enhances its OmniTrak Term to Deliver Faster Decisions, More Client Coverage, and Improved Pricing
  • Life insurance premium surges, but coverage is still falling short for many
More Life Insurance News

- Presented By -

Top Read Stories

More Top Read Stories >

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Protectors Vegas Arrives Nov 9th - 11th
1,000+ attendees. 150+ speakers. Join the largest event in life & annuities this November.

A FIA Cap That Stays Locked
CapLock™ from Oceanview locks the cap at issue for 5 or 7 years. No resets. Just clarity.

Aim higher with Ascend annuities
Fixed, fixed-indexed, registered index-linked and advisory annuities to help you go above and beyond

Unlock the Future of Index-Linked Solutions
Join industry leaders shaping next-gen index strategies, distribution, and innovation.

Leveraging Underwriting Innovations
See how Pacific Life’s approach to life insurance underwriting can give you a competitive edge.

Bring a Real FIA Case. Leave Ready to Close.
A practical working session for agents who want a clearer, repeatable sales process.

Press Releases

  • RFP #T01325
  • RFP #T01325
  • RFP #T01825
  • RFP #T01825
  • RFP #T01525
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.
Insurance News | InsuranceNewsNet