Carter's Review

This impressive and luxurious, 15-story, Beaux Arts-style former office building at 49 Chambers Street across from the very handsome Tweed Court House in City Hall Park was converted to 99 condominium apartments in 2018.

It was the former home of the Emigrant Industrial Savings Bank and was designed in 1912 by Raymond F. Almirall. 

The developer of the conversion was the Chetrit Group.

Woods Bagot was the architect for the conversion and Gabellini Sheppard Associates did the interior design.

Bottom Line

This U-shaped, Beaux Arts-style building has a rusticated limestone base with banded columns with a very handsome retail space that was formerly a quite grand banking hall and its apartments have great views at the northern end of City Hall Bank of the Woolworth and New York by Gehry skyscrapers and the Lower Manhattan skyline. It is also very convenient to public transportation and the Brooklyn Bridge.

Description

An impressive, H-shaped building over a low-rise base housing a former elegant and large banking hall that has been converted for retail use, the Beaux Arts-style building has many bay windows, an handsome entrance eschutcheon and an elaborate roofline with bold elements.

The residential entrance is small but highlighted by a curved bronze marquee beneath banded columns.

The large banking hall has a very fine and large elliptical stained glass ceiling over its vestibule that is also elegantly observed by cheerful putti above the center door on either side of a clock.

Amenities

24-hour concierge service, landscaped roof park with limestone balustrades, with outdoor kitchen, trellis dining area, and fireplace terrace, children’s playroom, yoga/dance studio, virtual golf room, screening room, double-height residents’ lounge, caterer’s kitchen, cove-ceiling hamman and spa, fitness center, steam room, pool, storage and bicycle storage.

Apartments

Most apartments have recessed lighting and some “floating ceilings” as well as impressive and large kitchen island wrapped in honed San Marino marble, cypress cabinetry, and Corian sinks and master bathrooms have bathtubs of honed Ariel white marble with Apaiser stone double vanities and radiant heated floors.

Apartment E on floors 3 through 6 is a three-bedroom unit with an entry foyer that leads past an open, 16-foot-wide kitchen with an island to a 20-foot-wide dining room and a 26-foot-wide living room with to curved bay windows.  The unit also has 9-foot-wide study and all its bedrooms have bay windows.

Apartment G on floors 3 through 14 is a one-bedroom unit with a long entry foyer that leads past a 9-foot-long study and a 10-foot-wide, open kitchen with a pass-through to the 21-foot-wide living/dining room with a wet bar and a large curved bay window.  The unit has a 13-foot-long bedroom with a bay window.