Stolen Years Ago, Jarmulowsky Bank Hotel Installs Replica Clock

Posted on: October 7th, 2020 at 5:00 am by

When it comes to the Jarmulowsky Bank Building, instances abound of “first time in a long time.” From its restored facade, windows, and wooden doors to the historically accurate cupola replica. Now it’s time to add the clock to that tally, too.

Indeed, as part of the years-running hotel conversion spearheaded by DLJ Real Estate Partners, the missing clock above the main entrance is back alive. You’ll recall that this timepiece was stolen from the building about ten years ago. This new clock face is apparently a recreation of the original.

This project is already eight years in the making. For a vacant property that had been rumored for a hotel for the better part of the last two decades. (It was almost an Ace Hotel.)

DLJ Real Estate Partners acquired the landmarked property from Equity Management in 2012 for $36 million. The plan is for a 116-room hotel with nine onsite bars and restaurants. Prior liquor license application paperwork submitted to Community Board 3 hinted that the Jarmulowsky might be part of the Eventi Hotel. Yet that remains unconfirmed.

No official word yet on opening.

Moreover, it’s unclear how coronavirus affects these plans…

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