DLJ Real Estate Partners

The Fight for our Democracy Starts Close to Home by Voting for Community Board Term Limits [OP-ED]

Posted November 5, 2018 at 5:00 am

In a time of fear that our democracy is slipping away, we comfort ourselves thinking that, in this corner of the country, our voices will be heard. Yet all too often, New Yorkers instead face a demoralizing system that serves up a healthy dose of cynicism. That is what dozens of Chinatown and Lower East […]

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Jarmulowsky Bank Hotel License Sails through CB3, Despite Local Opposition

Posted October 16, 2018 at 5:03 am

When block associations don’t work together, the residents lose. That’s essentially the narrative behind the Jarmulowsky Bank Hotel and the approval of its liquor license last week. Dozens of residents attended the Community Board 3 SLA subcommittee meeting last Tuesday in opposition to the hotel’s food and beverage plans at 9 Orchard Street. Namely, to […]

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Neighbors Fear ‘Runaway Nightlife’ with Jarmulowsky Bank Hotel’s 9 Different Venues

Posted October 9, 2018 at 5:03 am

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 […]

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Going Inside the Jarmulowsky Bank Hotel [PHOTOS]

Posted September 21, 2018 at 5:00 am

As part of its area charm offensive, DLJ Real Estate Partners recently opened the doors to the Jarmulowsky Bank Building during its conversion to posh boutique hotel. The iconic Beaux Arts-style landmark has been under renovations for nigh on six years already, resulting in a new construction next door and the addition of a replica rooftop […]

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Jarmulowsky Bank Hotel Lays out Plans for its Nightlife

Posted September 11, 2018 at 5:05 am

More than five years into remodeling, the new Jarmulowsky Bank Hotel is entering the phase of community outreach for the requisite onsite liquor licenses at 9 Orchard Street. To that end, developer DLJ Partners engaged with neighbors at a meeting of the SPaCE Block Association last week. In short, DLJ Partners is seemingly on a […]

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Cupola Lookout and Roof Deck for the Jarmulowsky Bank Hotel

Posted July 26, 2018 at 5:00 am

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 […]

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It’s Been Nine Years Since Good World Bar Closed on Orchard Street

Posted April 27, 2018 at 5:06 am

Earlier this month marked nine years since Good World bar passed. Before DLJ Real Estate Partners spent $36 million on the Jarmulowsky Bank for its new (overdue) hotel, and the eastern terminus of Canal Street became hot; before Fat Radish, Bar Belly, Dimes, and Bacaro; before even Les Enfants Terribles (since relocated) when hosiery shops […]

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Cactus Store’s Essex Street Pop-Up Stand Closes Down on Sunday

Posted October 23, 2017 at 5:10 am

With autumn in full swing, seasonal shops are transitioning. Down on Essex Street, the Cactus Store is less than a week shy of departing westward. The Los Angeles-based cactus purveyor is slated to end its pop-up at 5 Essex Street next Sunday (October 29). They apparently received the last shipment of the season before it […]

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Streets

3 Years Later, 6-Story Jarmulowsky Bank Annex Unveiled on Canal Street

Posted December 14, 2016 at 5:12 am

After three years of planning, demolition, and reconstruction, the six-story Jarmulowsky Bank annex at 60 Canal Street is ready to boast. The standard mess of scaffolding and netting was recently dismantled to reveal the new product. Lots of brick. This 83-foot sidecar structure was to become part and parcel of the now-defunct Ace-managed hotel next door. […]

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Streets

Jarmulowsky Bank Owner Aborts Hotel, Decides on ‘Creative Office Space’ Instead

Posted June 8, 2016 at 5:00 am

Let’s revisit the southwest corner of Orchard and Canal Streets… It seems those long-running plans to convert the Jarmulowsky Bank Building into a trendy hotel (i.e. Ace Hotel) are apparently dead in the water. Building owner DLJ Real Estate Partners sent around an email blast yesterday to industry folk confirming that the certified Lower East Side […]

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Streets