Jarmulowsky Bank Building Explained

Jarmulowsky Bank Building
Address:54-58 Canal Street, 5-9 Orchard Street
Location City:Lower East Side, Manhattan, New York City, New York, 10002
Location Country:United States
Coordinates:40.7147°N -73.9922°W
Completion Date:1912
Architect:Rouse & Goldstone
Height:40.51m (132.91feet)
Floors:12
Architectural Style:Beaux-Arts architecture

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.

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

Notes and References

  1. https://www.flickr.com/photos/wallyg/331376905/ Jarmulowsky Bank Building on Flickr
  2. Kevin Walsh, Forgotten New York: The Ultimate Urban Explorer's Guide to All Five Boroughs, 22006:150.
  3. Book: Wolfe, Gerard R. . The synagogues of New York's Lower East Side : a retrospective and contemporary view . 2014 . Fordham University Press . 9780823263851 . New York . 188.
  4. 744.
  5. Web site: Maurer . Mark . Jarmulowsky Bank Building . The Real Deal . May 20, 2013 . July 3, 2024.
  6. Web site: Warerkar . Tanay . Lower East Side's Jarmulowsky Bank building unveils its beloved dome, mid-restoration . Curbed NY . July 17, 2017 . July 3, 2024.
  7. Web site: Replica Jarmulowsky Bank Cupola Officially Unveiled Above Orchard Street. January 3, 2020. Bowery Boogie. dead. https://web.archive.org/web/20220516075148/https://boweryboogie.com/2020/01/replica-jarmulowsky-bank-cupola-officially-unveiled-above-orchard-street/. May 16, 2022.
  8. News: Silverstein . Andrew . October 7, 2022 . Behind the swankiest new hotel on the Lower East Side, a swanky Jewish history . live . The Forward.
  9. News: Meltzer . Marisa . 2022-07-25 . Dimes Square Gets the Hotel It Deserves . 2024-07-03 . The New York Times . en-US . 0362-4331.