
Jarmulowsky Bank Building - New York City - NY - USA
Posted by:
Alfouine
N 40° 42.883 W 073° 59.534
18T E 585120 N 4507577
This limestone and terra cotta Beaux-Arts building on the corner of Orchard and Canal Streets, dubbed the “Temple of Capitalism,” was built in 1912 by “East Side J.P. Morgan” banker/Talmudic scholar Sender Jarmulowsky.
Waymark Code: WM18QY5
Location: New York, United States
Date Posted: 09/14/2023
Views: 0
At the center of the sculpture is a clock, a metal structure protected by a glass plate. The hands and Roman numerals are black.
Jarmulowsky Bank Building
Credits
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. The building is faced with limestone at its lower section and architectural terracotta on its higher section.
Sender Jarmulowsky established the Jarmulowsky Bank in 1873. When World War I broke out two years after the bank building was completed, there was a run on the bank, as German investors withdrew funds to send to relatives abroad, and the bank failed.
Until 1990, the building featured a massive tempietto rising 50 feet to a dome ringed by eagles. The building was renovated in 1990 by Sing May Realty and the tempietto destroyed. In 2014, a proposal to build a replica of this structure was approved by the New York City Landmarks Preservation Commission. This was completed and unveiled by the beginning of 2020.
The building is now used for commercial purposes.
In 2013 the building was slated for conversion into a boutique, luxury hotel.
A NEIGHBORHOOD LANDMARK, RESTORED
Credits
With the help of historians and artisans, a team of world-class architects meticulously restored the iconic, century-old Jarmulowsky Bank to its former Neo-Renaissance splendor. Requiring 1912 blueprint drawings and archival photographs, the Swan Room features grand, arched windows and a rehabilitated ornamental ceiling; pink Tennessee marble floors and Botticino marble walls, meanwhile, recall those found in Grand Central.
From the painstakingly replicated original clocks and 60-foot domed rooftop tempietto to the historically-accurate millwork and the cornice moldings found throughout Nine Orchard’s 12 floors, the neighborhood landmark’s outstanding character and design details can now, once again, be appreciated and admired by visitors.
WITH THE SUPPORT OF THE COMMUNITY AND THE EXPERTISE OF MANY, THE GOAL OF REINVENTION WAS COMPLETED UPON THE HOTEL'S OPENING.
After New York City Landmarks Preservation Commission granted it landmark status in 2009, the decade-long mission got underway to restore the building to its former glory, and return the Jarmulowsky Bank Building’s silhouette to the downtown skyline. As a wonderful finale to the restoration process, Nine Orchard received the prestigious Lucy G. Moses Preservation Award from the The New York Landmarks Conservancy in 2021.
OUR TEAM
Knitting together individuals from all walks of life, Nine Orchard's staff is united in their dedication to sharing the distinctive character of the landmark hotel with those who walk through our doors. Whether you're staying in one of our residential-inspired rooms or stopping by the Corner Bar for a culinary escape, our devoted team is here to make each guest feel at home.
A First Look at Nine Orchard, the New York Hotel That Embodies Downtown Glamour
Credits
If you need any more evidence that Dimes Square is New York’s neighborhood of the moment, here’s another: Nine Orchard.
This June, the 116-room hotel will open in the century-old former Jarmulowsky bank at the corner of Canal and Orchard. It’s a majestic second life for the Beaux-Arts building: once dubbed a “shrine to American capitalism” by New York Architectural Digest, it has been completely empty for the past six years, its intricate millwork and hallowed halls welcoming nothing but dust.
Until now: After extensive restoration by DLJ Real Estate Capital Partners, Nine Orchard is once again back in the business of beauty. Guests check in where bank tellers once cashed them, as a vaulted ceiling soars above. The original clock and 60-foot tempietto (that, once upon a time, was used to mask an unseemly water tower) have been painstakingly recreated from archival photographs. Then there’s the rooms themselves: filled with honest wood furniture and crisp linens, a visually quiet juxtaposition to the bustling Lower East Side below.
“New Yorkers, myself included, have been waiting for years to see if and when it would come back to life,” says chef Ignacio Mattos, who spearheaded the food and beverage offerings at Nine Orchard. “It’s a true, inspiring demonstration of craftsmanship—and it just feels so good to spend time within those walls.”
Much of that aforementioned time is bound to be spent at one of Mattos’s two bars: first, there’s Corner Bar, a warm space where colorful painted motifs by Happy Menocal adorn the dark pine wood. Mattos describes it as “the perfect place to have a quiet breakfast, only to come back in the evening for a quintessential New York night.” Then there’s the hotel staple of a lobby bar, where you can indulge in a martini service while soaking in the old-world glamour. “The Lobby Lounge is about grandeur and opulence: just look at those high ceilings and all that ornamentation,” Mattos tells Vogue. “The idea here was very much to embrace that old-world sophistication, while encouraging an atmosphere that feels celebratory and contemporary.” In September, a third space, Amado Grill, will join the hotel’s offerings.