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The E-Sylum: Volume 22, Number 16, April 21, 2019, Article 30

NEW YORK'S HISTORIC BANK BUILDINGS

David Sundman forwarded this New York Times article about old bank buildings. Thanks. See the caption on the photo and look closely - there are medallions of dimes atop the columns. -Editor

Dime bank building columns

The fate of the soaring, palatial and utterly impractical Dime Savings Bank in Downtown Brooklyn was inevitable.

The 16,750-square-foot, 40-foot-tall chamber, with seven kinds of marble flooring, a vaulted-tile dome and Corinthian columns, closed in 2016, a victim of automated tellers and digital payments. Its last full-time tenant, Chase Bank, moved into a squat storefront across the street, about one-tenth the size.

The bank's second act is more surprising: It will become part of Brooklyn's tallest skyscraper, 9 DeKalb, a 1,066-foot luxury apartment building with retail at its base. The landmark Beaux-Arts interior will be transformed into a flagship store, and the roof will become an outdoor lounge with a pool that wraps around an ornate Guastavino dome. The marble and pink granite facade will be fused on one side to a slender glass-and-steel tower designed by SHoP Architects, which will have about 425 rentals and 150 condo apartments.

In Chelsea, the 1897 New York Savings Bank became a carpet store in the late 1980s, a gourmet grocer in the mid-2000s, and is now a very stately CVS pharmacy. The 1906 Williamsburg Trust Company, an imposing temple to commerce at the foot of the Williamsburg Bridge, became a Ukrainian Orthodox Church in the 1960s. Until last year, the former Corn Exchange Bank on 42nd Street housed Show World Center, an adult-entertainment relic from the old Times Square. Now it is becoming offices.

To read the complete article, see:
Historic Bank Buildings Get a Second Act (https://www.nytimes.com/2019/04/19/realestate/historic-bank-buildings-get-a-second-act.html?smid=nytcore-ios-share)

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Wayne Homren, Editor

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