The 1924 SunTrust building at 2001 Hollywood Boulevard sold for $7 million, according to purchaser FIRM Realty. It was built in 1924 by town founder Joseph Young and housed the First National Bank of Hollywood, which financed Young’s companies during the 1920s real estate boom. The new buyer plans to remove the 1960s-era façade and restore it to its original appearance, said Steve Berman, president of FIRM Realty.
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