Jarmulowsky Bank Building

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Jarmulowsky Bank Building
Jarmulowsky Bank Building View.JPG
Jarmulowsky Bank Building
General information
Architectural style Beaux-Arts architecture
Address54-58 Canal Street, 5-9 Orchard Street
Town or city Lower East Side, Manhattan, New York City, New York, 10002
Country United States
Coordinates 40°42′53″N73°59′32″W / 40.71472°N 73.99222°W / 40.71472; -73.99222
Completed1912
Height40.51 metres (132.9 ft)
Technical details
Floor count12
Design and construction
Architect(s) Rouse & Goldstone

The Jarmulowsky Bank Building is a 12-story building on the Lower East Side of Manhattan in New York City. Located at Canal Street and Orchard Street, the Jarmulowsky Bank Building was built in 1912 and designed by architects William Lawrence Rouse and Lafayette A. Goldstone in the Beaux-Arts style. [1] The building is clad with limestone on its lower stories and architectural terracotta on its upper stories.

Contents

Sender Jarmulowsky established the Jarmulowsky Bank in 1873. When World War I broke out two years after the building was completed, there was a run on the bank, as German investors withdrew funds to send to relatives abroad, and the bank failed. [2]

Until 1990, the building had a tempietto rising 50 feet to a dome ringed by eagles. It was modeled after the Choragic Monument of Lysicrates. [3] According to local legend, the tempietto was added to ensure that the building would be taller than the nearby headquarters of the Jewish Daily Forward . [4] The building was renovated in 1990 by Sing May Realty and the tempietto destroyed. DLJ Real Estate Capital Partners announced plans in 2013 to convert the structure to a hotel. [5] In 2014, the New York City Landmarks Preservation Commission approved a replica tempietto, [6] which was completed by the beginning of 2020. [7] A luxury hotel, Nine Orchard, opened at the building in June 2022. [8] [9]

See also

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Alexander Jarmulowsky (1840-1912), better known as Sender Jarmulowsky, was a Russian Jewish banker who founded the Jarmulowsky Bank on the Lower East Side of New York in 1873.

References

  1. Jarmulowsky Bank Building on Flickr
  2. Kevin Walsh, Forgotten New York: The Ultimate Urban Explorer's Guide to All Five Boroughs, 22006:150.
  3. Wolfe, Gerard R. (2014). The synagogues of New York's Lower East Side : a retrospective and contemporary view. New York: Fordham University Press. p. 188. ISBN   9780823263851.
  4. Burrows, Edwin G. and Wallace, Mike (1999). Gotham: A History of New York City to 1898 . New York: Oxford University Press. p. 744. ISBN   0-195-11634-8.
  5. Maurer, Mark (May 20, 2013). "Jarmulowsky Bank Building". The Real Deal. Retrieved July 3, 2024.
  6. Warerkar, Tanay (July 17, 2017). "Lower East Side's Jarmulowsky Bank building unveils its beloved dome, mid-restoration". Curbed NY. Retrieved July 3, 2024.
  7. "Replica Jarmulowsky Bank Cupola Officially Unveiled Above Orchard Street". Bowery Boogie. January 3, 2020. Archived from the original on May 16, 2022.
  8. Silverstein, Andrew (October 7, 2022). "Behind the swankiest new hotel on the Lower East Side, a swanky Jewish history". The Forward.{{cite news}}: CS1 maint: url-status (link)
  9. Meltzer, Marisa (July 25, 2022). "Dimes Square Gets the Hotel It Deserves". The New York Times. ISSN   0362-4331 . Retrieved July 3, 2024.