Jarmulowsky Bank Building

The Jarmulowsky Bank Building is a twelve-story structure at the intersection of Canal Street and Orchard Street, clad in limestone and terracotta in the Beaux-Arts style. The edifice now operates as a luxury hotel following comprehensive restoration work.

Sender Jarmulowsky founded the bank in 1912, but it closed just five years later in 1917 when German investors withdrew their funds amid World War I tensions. The institution's brief existence reflected the turbulent times of the era.

The building served as a symbol of financial security for Eastern European immigrants who deposited their savings here and trusted it with their families' futures. Its grand appearance on a busy corner conveyed stability and success in a neighborhood filled with working people and newcomers.

The building sits at a busy street corner in the Lower East Side, making it easy to find and accessible from multiple directions with plenty of nearby shops and dining options. Visitors can view the notable exterior and restored dome from the street without needing to enter the building.

The building features a reconstructed 50-foot domed structure topped with eagle sculptures modeled after classical ancient architecture. This elaborate ornament was unusually ambitious for a bank building and shows the founder's desire to create something truly special.

Location: Manhattan

Inception: 1910s

Architectural style: Beaux-Arts

Address: 54-58 Canal Street

GPS coordinates: 40.71470,-73.99220

Latest update: December 8, 2025 21:07