Jarmulowsky Hotel to Include New Building at 60 Canal

Posted on: March 1st, 2013 at 6:09 am by
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When it comes to the Jarmulowsky Bank Building, there’s always a surprise around every corner. Since we last visited the Beaux Arts building in these pages, architect Ron Castellano and company received approval from the Landmarks Preservation Commission to modify the century-old structure. The new job will result in the loss of rooftop water tanks, the elevator housing, and photogenic fire escapes on the back side. It will also spell the end for 60 Canal Street as we know it.

The Chinese-owned electronics shop in the ground level of 60 Canal Street vacated the premises over a year ago for no apparent reason, moving to 29 Canal. We now know why. Demolition. Asbestos abatement procedures were completed within the last few weeks, a practice which is usually precursor to the wrecking ball. And sure enough, the DOB database now shows pending permits on file for “excavation for new building.” Disapproved plans call for six stories (83 feet) with 9,876 square-feet of floor area.

On a somewhat related note, sources tell us that the new hotel is planning to construct interior furnishings from reclaimed materials within the century-old building. To accomplish that goal, contractors are reportedly searching for a nearby space to create a local “mill” of sorts.

Timeline for the opening is roughly two years. Start making arrangements.

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