Where is the Lincoln Hotel sign?

By Brandi Bailey

June 11, 2013 Updated Jun 11, 2013 at 6:20 PM EDT

Binghamton, NY (WBNG Binghamton) After the Lincoln Hotel burned to the ground last week, many residents questioned what would happen with the building's historic sign.

It was one of the few items to make it out of the building.

As of Tuesday, the sign was being stored at the Binghamton Fire Department, where it's been booked as evidence.

The hotel is considered to be a landmark in the city.

Mayor Matt Ryan says there are several options for the sign, and a final decision could be a long way off.

It must be discussed with city officials to determine whether there is a use for the sign within the city.

"We have to come up with a way, if at all," Ryan said. "We haven't really discussed it at all, but it is public property and we have to dispose of it, if that's what we decided to do with it. We have to find the best use for it."

Among the options are disposal, keeping it as city property, auctioning it off to the public or giving it away.

Fire officials ruled the blaze an arson, and turned the case over to the Binghamton Police Department.