Cupola Lookout and Roof Deck for the Jarmulowsky Bank Hotel
Over five years after the Jarmulowsky Bank Building changed hands, the thirteen-story property is still on its journey to luxury boutique hotel. Opening is far on the horizon, though. In the meantime, developer DLJ Real Estate Partners is apparently still refining plans.
Architects tasked with the conversion project now seek a “special permit to modify height and setback requirements” for the landmarked building at 9 Orchard Street (aka 54 Canal). This proposed modification would allow construction of a new roof deck with staircase access to the iconic cupola recreation. That’s in addition to the rooftop apparatus already installed. According to the plans (see below), DLJ hopes to expand the allowable occupancy on the roof while also installing a viewing platform (i.e. lookout) accessible by both spiral stair and chair lift.
Community Board 3 heard the measure during the Landmarks subcommittee last week; the full board approved without incident on Tuesday.
If and when construction actually concludes – the original goal was 2015 – a hotel Jarmulowsky Bank will be. Though, it’s anyone’s guess at this point as to the identity. Right around the time DLJ acquired the 60,000 square-foot, city-designated landmark, the area was abuzz over the alleged involvement of Ace Hotel in the new hospitality project. An admission never came (naturally), but all along, lodging of some sort was rumored. Until June 2016, when DLJ reportedly circulated emails about a purported change to “creative” office space for “top tier” tenants instead. This remained the narrative for the next year; then a liquor license application surfaced in August 2017 that signaled the return of an “upscale independent hotel” (per the website).
Breadcrumbs seem to suggest the Eventi Hotel as the eventual operator. You’ll recall that a corporate entity called “Sixth Avenue Restaurant Management LLC” briefly appeared on the CB3 docket in August 2017, but withdrew. Previous research revealed that this is most likely the same group pulling the strings at L’Amico and The Vine, two hotspots in the base of the Eventi Hotel located just south of Herald Square.