Bowery Savings Bank Building - New York City, NY, USA
Posted by: Groundspeak Premium Member Alfouine
N 40° 43.133 W 073° 59.734
18T E 584833 N 4508036
The Bowery Savings Bank was not just a place to make a deposit—it was a theatre of capital. Appointed and lit as dramatically as any show on Broadway a few blocks west, the Bank became a stage for performances of wealth and style.
Waymark Code: WM18PX7
Location: New York, United States
Date Posted: 09/07/2023
Published By:Groundspeak Premium Member Outspoken1
Views: 2

Bowery Savings Bank Building (130 Bowery)

Credits

The Bowery Savings Bank Building, also known as 130 Bowery, is an event venue and former bank building in the Little Italy and Chinatown neighborhoods of Lower Manhattan in New York City. Constructed for the defunct Bowery Savings Bank from 1893 to 1895, it occupies an "L"-shaped site bounded by Bowery to the east, Grand Street to the south, and Elizabeth Street to the west. The Bowery Savings Bank Building was designed by Stanford White of McKim, Mead & White. Since 2002, it has hosted an event venue called Capitale. The building's facade and interior are New York City designated landmarks, and the building is listed on the National Register of Historic Places.

The building's basement is clad with a granite water table, while the superstructure is clad with Indiana limestone. The exterior features Corinthian columns and sculpted pediments by Frederic MacMonnies. The main entrance is through a triumphal arch on the relatively narrow Bowery elevation, which is designed to resemble a Corinthian temple. The Grand Street and Elizabeth Street elevations contain Corinthian pilasters, and there is a secondary entrance portico on Grand Street. The interior was designed to give the impression of a Roman temple, with a waiting room to the east and a banking room to the west. Both spaces are decorated with mosaic-tile floors and marble colonnades, and the banking room also features a double-height coffered ceiling with a square skylight. A bank vault and offices for the president and secretary were to the west of the banking room, while a director's room was placed above the waiting room.

The Bowery Savings Bank was founded in 1834, occupying a house at 128 Bowery; this structure was replaced with a larger building in 1853. The bank acquired additional land through the late 19th century and announced plans for a new headquarters in 1891. Construction on the banking room commenced in May 1893, and the banking hall opened in June 1894. The waiting room was built as part of a second phase that was completed in 1895. The building remained relatively unchanged in the 20th century as the Bowery Savings Bank continued to expand. The Bowery Savings Bank's successor company, Greenpoint Bank, sold the building to Jeffrey Wu in 2000. The Capitale event venue opened in October 2002, and the building was placed for sale in 2019.

Street address:
130 Bowery St.
New York City, USA


County / Borough / Parish: Manhattan Lower East Side

Year listed: 1980

Historic (Areas of) Significance: The Bowery Savings Bank was not just a place to make a deposit—it was a theatre of capital. Appointed and lit as dramatically as any show on Broadway a few blocks west, the Bank became a stage for performances of wealth and style.

Periods of significance: 1893

Historic function: Bank

Current function: Art venue

Privately owned?: yes

Primary Web Site: [Web Link]

Secondary Website 1: [Web Link]

Season start / Season finish: Not listed

Hours of operation: Not listed

Secondary Website 2: Not listed

National Historic Landmark Link: Not listed

Visit Instructions:
Please give the date and brief account of your visit. Include any additional observations or information that you may have, particularly about the current condition of the site. Additional photos are highly encouraged, but not mandatory.
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