Former Germania Bank Building

History and architecture

The former Germania Bank building is an impressive Beaux Arts-style structure prominently located on the northwest corner of the Bowery and Spring Street. Built in 1898-99 to the designs of architect Robert Maynicke, it was the third home of the Germania Bank, which was established in 1869 by a group of local businessmen of German extraction. By 1840, more than 24,000 German immigrants and their descendents were living in New York City. Their numbers increased dramatically over the next two decades, resulting in the development of the area along and to the east of the Bowery above Division Street as a German neighborhood called Kleindeutschland, or Little Germany.

The neighborhood became the major German-American center in the United States during the second half of the nineteenth century. German immigrants contributed greatly to New York City by establishing churches, synagogues, and other cultural organizations, as well as creating their own banking, savings, and loan institutions, such as the Germania Bank. They also opened architectural firms and construction companies. Architect Robert Maynicke, who was of German birth, attended Cooper Union, about ten blocks to the north of this building, and worked for the noted architect George B.

Post before co-founding the firm Maynicke & Franke in 1895. The Germania Bank building is considered to be one of his most important designs. Marc Eidlitz, whose construction company built the bank, was also of German descent.

The granite and brick building features rusticated stonework, a chamfered corner with an arched entry flanked by Tuscan columns, and multi-story pilasters. The ground floor features large arched openings with voussoirs surmounted a massive denticulated cornice. A similar cornice terminates the fifth story. The top story features paired arched openings also surrounded with voussoirs and concludes in an elaborate copper cheneau. The building’s facades are remarkably intact.