When Brooklyn hostel owner Juan Figueroa purchased the Williamsburgh Savings Bank for $4.5 million in 2010, the rumor was that he planned to convert the historic bank building into a hotel. That would have been difficult, though, since the structure is an exterior, interior, and national landmark. The actual plan, it turned out, was to meticulously restore it and turn it into an event space and banquet hall, and place a 40-story hotel right next door. Now, after two and a half years and an additional $18.5 million of work, the restoration part of the project is nearing completion (the hotel is still in the process of looking for funding), and we got inside to take some pictures of the transformed space.
According to Carlos Perez San Martin, Figueroa's cousin and the project manager, the bank was a complete wreck before the restoration began. The oculus skylight from the 6,500-square-foot main room had been in storage for 75 years and was in a state of complete disrepair. Three quarters of the mosaic marble flooring was missing or unsalvageable. Walls were covered with multiple layers of white paint, the woodwork with a sickly shade of green, and the intricate mural on the inside of one of the two domes—one of the last known murals by architect/designer Peter B. White—was so covered in dirt that parts of it appeared black.
In order to clean a century's worth of grime off the walls and ceiling, the restoration team used a special latex product, which is applied and then peeled off, as Perez San Martin put it, "like waxing for ladies." What couldn't be saved was replicated, to exacting standards. The replacement mosaic marble flooring for the main room (the salvageable 25 percent was moved to the restrooms) was quarried in Italy, then shipped to Lebanon, where every piece was hand cut. The floors in the smaller rooms are Victorian-style encaustic tiles from the same quarry in England that had supplied the original construction. Every door hinge and piece of hardware (25 percent original), each bearing the original bank logo, was cast in bronze. The wallpaper patterns—different in every room—are all original designs by Peter B. White.
Two complete original elements are the Napoleon III-era bank vault door, with a coin bearing the face of the first French president embedded in the center, and the Otis bird-cage elevator, one of only three remaining in New York City.
Replacing all of the building's mechanicals was another huge undertaking. The space will be heated by four miles of serpentine tubing below the floor, and cooled by around 20 room-sized AC units in the basement. The lower level, which currently houses a woodworking studio for the restoration team, is slated to become a gallery for local artists at some point down the road—but not when the event space opens late this year or early next year. They're also renaming the building Weylin B. Seymor, for some weird reason.
· Williamsburgh Savings Bank coverage [Curbed]