JOURNAL ARTICLE
Want a lighthouse? U.S. is auctioning or giving away 10 of them.
Published In: Fortune.com, 2023. P. N.PAG 1 of 3
Database: Business Source Ultimate 2 of 3
Authored By: Pratt, Mark 3 of 3
Abstract
The article discusses a federal program managed by the General Services Administration (GSA) that offers ten historic lighthouses for free or at auction to promote their preservation. With advancements in navigation technology, many lighthouses, which are often over a century old, are no longer essential for maritime navigation but remain culturally significant and popular tourist attractions. This year, six lighthouses are available at no cost to eligible organizations willing to maintain them, including notable structures like Plymouth/Gurnet Light in Massachusetts and Warwick Neck Light in Rhode Island. The remaining four lighthouses will be sold at auction, with some past owners converting these unique properties into private residences. [Extracted from the article]
Additional Information
- Source:Fortune.com. 2023/05, pN.PAG
- Document Type:Article
- Subject Area:History
- Publication Date:2023
- Accession Number:163950414
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