Germania Bank Building (New York City)
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The Germania Bank Building is a historic building at 190 Bowery, on the northwest corner of the intersection with Spring Street in Nolita, Manhattan, New York City. It was the third building of the Germania Bank, which was founded in New York City in 1869. The building was designed in a Renaissance Revival p. 47. or Beaux Arts style by
Robert Maynicke Robert Maynicke (1849-1913) was an American architect. At his death, the ''New York Times'' called him "a pioneer in the building of modern loft buildings."New York City designated landmark on March 29, 2005. , the building contains EmpireDAO, a coworking space for cryptocurrency and blockchain ventures.


Description

The building has six stories, built of brick supported by steel girders over a concrete basement. The Bowery and Spring Street facades are both clad in Maine granite, with the original public spaces contained in a rusticated base with large, deep-set windows surmounted by rounded arches. Above this, the facades consist of banded stonework with three identical bays of paired windows facing the Bowery and six facing Spring Street. The third, fourth, and fifth floors have projecting piers and paneled spandrels between the windows; the sixth-floor windows have round arches. A
cornice In architecture, a cornice (from the Italian ''cornice'' meaning "ledge") is generally any horizontal decorative moulding that crowns a building or furniture element—for example, the cornice over a door or window, around the top edge of a ...
with
modillion A modillion is an ornate bracket, more horizontal in shape and less imposing than a corbel. They are often seen underneath a cornice which it helps to support. Modillions are more elaborate than dentils (literally translated as small teeth). All ...
s runs above the first story, and a heavier cornice decorated with fillets, ovolos, and cyma moldings above the fifth. At the roofline is a copper parapet, in the style of a classical sima, which features anthemia, rosettes, and waves and would have been noticeable including from elevated trains. The main entrance is in an angled corner bay and consists of a projecting portico with bluestone steps, while a second entrance in a portico facing the Bowery is at street level. Both porticos have free-standing Tuscan columns and elaborate wrought-iron gates; the main doorway also has paneled pilasters on either side and is topped by an arched
transom Transom may refer to: * Transom (architecture), a bar of wood or stone across the top of a door or window, or the window above such a bar * Transom (nautical), that part of the stern of a vessel where the two sides of its hull meet * Operation Tran ...
. The other two facades are of brick, as are the roof parapets. The north side has windows protected by steel shutters. The original
sash window A sash window or hung sash window is made of one or more movable panels, or "sashes". The individual sashes are traditionally paned window (architecture), paned windows, but can now contain an individual sheet (or sheets, in the case of double gla ...
s were in place , but transoms over the main entrance and ground-floor windows were blocked with acrylic panels. Interior changes include modification of the banking hall in 1922, the addition of more stairs in 1924, additional fireproofing by the 1960s to accommodate storage of records on the upper floors, and later alterations for residential use, including the creation of a basketball court in the former banking hall.


History

During the middle decades of the 19th century, rising numbers of German immigrants in New York led to the development of a neighborhood called ''Kleindeutschland'' or Little Germany, which became the most important German-American center in the United States. It had a commercial center on the Bowery north of Division Street. The Germania Bank of the City of New York was established by local businessmen in 1869 in leased premises at 185 Bowery; its first president was Christian Schwarzwaelder, owner of a furniture store on East Broadway, and the vice-president, Joseph Kuntz, owned a brewery on Houston Street and lived on the Bowery. In 1878 the Germania Bank moved to a purchased loft building at 215 Bowery; in the early 1890s it expanded into 217 Bowery next door. To accommodate continued growth, in December 1896 the bank bought three lots at the northwest corner of the Bowery and Spring Street. Plans for a new freestanding, fireproof building were filed on January 3, 1898; it was designed by the German-born architect Robert Maynicke and is considered one of his major works. The construction firm of Marc Eidlitz, an American of German descent, built it at a cost of around $200,000. Construction began on February 4, 1898 and was certified complete on January 21, 1899. The bank had already opened for public inspection on December 28, 1898 and for business on January 3, 1899, the one-year anniversary of the plans being filed. The president of the Germania Bank at the time was Edward C. Schaefer. The building originally contained a public banking hall on the first floor, safe deposit vaults in the basement, and office spaces including the president's office and the meeting room for the Board of Directors. In 1900 the bank published a promotional pamphlet emphasizing the security of the vaults. The Germania Bank changed its name to the Commonwealth Bank in early 1918, probably as a result of rising anti-German sentiment during World War I. In the mid-1920s, the Bowery was the location of several banks, the Commonwealth Bank being one of five between Division and Houston Streets. Starting in 1923 with the opening of a branch on
Lexington Avenue Lexington Avenue, often colloquially abbreviated as "Lex", is an avenue on the East Side of the borough of Manhattan in New York City that carries southbound one-way traffic from East 131st Street to Gramercy Park at East 21st Street. Along it ...
, Commonwealth expanded to other parts of Manhattan and to the Bronx and Brooklyn. It was then acquired in 1927 by the Manufacturers Trust Company, which became the Manufacturers Hanover Trust Company following a 1961 merger. Manufacturers Hanover operated 190 Bowery as a branch bank up to the mid-1960s. In 1966, it sold the building to Jay Maisel, a commercial photographer, who purchased it under the name Archival, Inc.New York City Automated City Register Information System
.
Maisel maintained his residence, studio, and gallery there, was married there in 1989, and between 1966 and 1968 rented the second and fourth floors to artists Adolph Gottlieb and
Roy Lichtenstein Roy Fox Lichtenstein (; October 27, 1923 – September 29, 1997) was an American pop artist. During the 1960s, along with Andy Warhol, Jasper Johns, and James Rosenquist among others, he became a leading figure in the new art movement. Hi ...
, respectively. p. 93. The building, known locally as "The Bank", was widely thought to be abandoned. The building cost $300,000 annually to maintain, including heat and taxes. In August 2014, it was quietly put up for sale; on February 5, 2015, it was sold to Aby Rosen. A 2019 film by
Stephen Wilkes Stephen Wilkes (born October 28, 1957) is an American photographer, photojournalist, director and fine artist. In 2009 he began work on the project, ''Day to Night.'' Featuring epic cityscapes and landscapes portrayed from a fixed camera angle fo ...
, ''
Jay Myself ''Jay Myself'' is a 2018 American documentary film directed by Stephen Wilkes, produced by his wife, Bette Wilkes, and written by Josh Alexander. Synopsis The film chronicles the days during which renowned photographer Jay Maisel decides to sel ...
'',
documents A document is a writing, written, drawing, drawn, presented, or memorialized representation of thought, often the manifestation of nonfiction, non-fictional, as well as fictional, content. The word originates from the Latin ''Documentum'', w ...
Maisel's move from the building after 49 years. The same year, clothing brand Supreme opened a store within 190 Bowery. By 2022, the Germania Bank Building was home to EmpireDAO, a co-working space for cryptocurrency and blockchain ventures.


See also

* National Register of Historic Places listings in Manhattan below 14th Street * List of New York City Designated Landmarks in Manhattan below 14th Street


References


External links

*
Germania Bank exterior and interior photographs, circa 1905, and exterior circa 1975 by Edmund Vincent Gillon
Museum of the City of New York {{SoHo, Manhattan, state=collapsed Nolita Bank buildings in Manhattan Historic bank buildings in the United States Commercial buildings in Manhattan New York City Designated Landmarks in Manhattan Renaissance Revival architecture in New York City 1899 establishments in New York City Commercial buildings completed in 1899