Neighbors Fear ‘Runaway Nightlife’ with Jarmulowsky Bank Hotel’s 9 Different Venues
The corner of Canal and Orchard Streets is the latest battlefield in the fight against encroaching nightlife on the eastern front of Chinatown. Area locals are digging in.
At hand is the hotel liquor license application for the myriad venues planned inside the Jarmulowsky Bank building. DLJ Real Estate Partners, owner and developer of the 1912 city landmark, appears before the SLA subcommittee of Community Board 3 this evening.
As previously reported, the forthcoming boutique hotel will boast roughly 116 rooms, plus about nine proposed venues, from bars and lounges, to restaurants, “event spaces,” and a 2,977 square-foot rooftop hang. Enough overall occupancy to potentially overwhelm this small block of Orchard Street between Canal and Division.
Orchard Street Block Association is leading the opposition charge, imploring those living nearby to support, via online petition, an alternative plan that drastically scales back hours of operation at the venues. One that doesn’t allow what they call “runaway nightlife” at this intersection.
The following are proposed for the Jarmulowsky Bank, per the application materials.
Equity Management sold the landmarked corner property to DLJ Real Estate Partners in 2012 for $36 million.