Jarmulowsky Bank Building facts for kids
Quick facts for kids Jarmulowsky Bank Building |
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| General information | |
| Architectural style | Beaux-Arts architecture |
| Address | 54-58 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″N 73°59′32″W / 40.71472°N 73.99222°W |
| Completed | 1912 |
| Height | 40.51 metres (132.9 ft) |
| Technical details | |
| Floor count | 12 |
| Design and construction | |
| Architect | Rouse & Goldstone |
The Jarmulowsky Bank Building is a 12-story building located in the Lower East Side area of Manhattan in New York City. It stands at the corner of Canal Street and Orchard Street. This historic building was finished in 1912.
Architects William Lawrence Rouse and Lafayette A. Goldstone designed the building. They used the Beaux-Arts style, which was popular at the time. The lower part of the building is covered in limestone. The upper sections use architectural terracotta, a type of baked clay.
Contents
History of the Jarmulowsky Bank Building
Starting the Bank
The Jarmulowsky Bank was started in 1873 by Sender Jarmulowsky. It became an important bank for many people in the area. The grand 12-story building was built to be its main home.
Bank Challenges and Closure
Just two years after the building was completed, World War I began in 1914. This caused a big problem for the bank. Many people, especially those with family in Germany, became worried. They rushed to the bank to take out their money. This event is called a "run on the bank." Because so many people wanted their money at once, the Jarmulowsky Bank could not keep operating and eventually closed.
The Tempietto and Its Return
For many years, the Jarmulowsky Bank Building had a special feature on its roof. This was a large, round structure called a tempietto. It was about 50 feet tall and had a dome with eagle statues around it.
In 1990, the building was updated by a company called Sing May Realty. During this renovation, the tempietto was removed. However, in 2014, a plan was approved to rebuild it. A new tempietto, looking just like the original, was finished and revealed in early 2020.
Current Use of the Building
Today, the Jarmulowsky Bank Building is used for different businesses. In 2013, there were plans to turn it into a fancy hotel. However, it continues to serve as a commercial building.
See also
