See it on the mapDemolishedDemolition permit issued Nov 27, 2024; the city has signed off on the completed work.See the DOB record
The limestone bank in 2017, with BROADWAY SAVINGS BANK carved above a tall glass entrance, an Apple Bank for Savings sign, and a street clock on the rightOutside · 2017
See all 4 photos and media

2017 · Google Street View · Google

250 W 23rd St · W 23rd St, 7th–8th Ave

Broadway Savings Bank Building

Last verified

Built between 1946 and 1948 as the first uptown branch, and later the main office, of the century-old Broadway Savings Bank. Its stripped-down limestone facade, carved floral reliefs and projecting street clock anchored the south side of 23rd Street for nearly eighty years, through mergers into Prudential, Emigrant and Apple Bank, before it was demolished in 2025. Source needed

Get an email when a permit is filed here.

Architect
Sleeper, Ackerman & Ramsey
Source needed
Built by Broadway Savings Bank
Style
Stripped Classical & Art Deco
Source needed
Built
1946–1948
Source needed
Use
Bank
Source needed

Good to know

  • ProtectedNot landmarked · Block 772, Lot 72

    It was never an individual landmark and sat just outside the Chelsea Historic District, so demolition needed no Landmarks approval.

    Source needed
  • AccessDemolished · active construction site

    Once a public banking hall. The lot is now behind a construction fence, part of a through-block site running to 273 W 22nd St.

    Source needed
  • DemolishedAltered 1973 · demolished 2024–2025

    The interior and storefront were modernized in 1973 after the Prudential merger. Vacated in late 2023 and gone by April 2025.

    Source needed
  • OwnedTF Cornerstone

    Bought in September 2019 for $14.5 million by the Elghanayan family’s development firm, the eastern anchor of a larger assemblage.

    Source neededSee all 4 owners
The 250 W 23rd St site today
Broadway Savings Bank Building before demolition
BeforeNow
Before: 2017 · Google Street ViewNow: Year needed · Credit needed

History

1851–1945Before the branch
1946–1948Branch opens
1973–1979Mergers
2010s–2023Apple Bank years
2024–2025Demolished

1851–1945

Rowhouses, and a downtown bank looking north

Chartered in 1851, Broadway Savings spent nearly a century in a single office on Park Place. Meanwhile the south side of West 23rd Street went from 19th-century rowhouses and theater spillover to a busy crosstown shopping street. Source needed

What changed

  • Broadway Savings Institution chartered downtown (1851), renamed Broadway Savings Bank (1925)
  • Brick rowhouses stand at 250–252 W 23rd St
  • A post-war boom in deposits leads the bank to plan its first branch, in Chelsea

Who has owned it

4 owners across 50 years, from the first recorded owner to the owner on record today.

1976Today
  1. 2025Owner for 1 year
    273 West 22 LLCToday
    See the deed (opens in a new tab)
  2. 2019Owned 6 years
    250 West 23 LLC
    See the deed (opens in a new tab)
  3. 1995Owned 24 years
    Jaffin-Segal Chelsea, LLC
    See the deed (opens in a new tab)
  4. 1976Owned 19 years
    Private individual
    See the deed (opens in a new tab)

Each era runs until the next recorded sale. City deed records begin in 1966; earlier owners come from published histories, so some sales may be missing.

Architectural details

What to look for, and what it tells you about when, how and for whom this building was made. Tap a number.

The limestone bank in 2017, with BROADWAY SAVINGS BANK carved above a tall glass entrance, an Apple Bank for Savings sign, and a street clock on the right

How it was built

The bones behind the facade: what holds it up, how it was laid out, and the numbers on record.

Lot size
4,938 sq ft
Major alterations
1973

From NYC property records

  • Structure
    Steel frame & limestone

    A fireproof steel skeleton on a 50 × 98.75 ft lot, clad in smooth Indiana limestone over a polished granite base.

  • Design pedigree
    The Graphic Standards team

    Ramsey and Sleeper’s Architectural Graphic Standards set how American banks, schools and offices were detailed. Ackerman brought a housing reformer’s eye.

  • Hall layout
    4,900 sq ft single hall

    One open banking room with early central air conditioning, high acoustic ceilings and clear sightlines to the street.

Inside

A cutaway from roof to cellar, as the building worked before it was demolished.

SectionRoof to cellar

  1. Roof

    Mechanical & parapet

    • Limestone parapetMechanicalA stepped stone crown hid the air-conditioning plant, which 1950s banking journals praised for cooling the whole building from day one.

  2. Floors 2–3

    Offices

    • Bank administrationOffices & boardroomsLoan officers, mortgage processing and executive offices, lit by the tall second-floor windows on 23rd Street.

  3. Ground floor

    23rd Street level

    • Main banking hallBroadway → Emigrant → Apple BankAbout 4,900 sq ft under a double-height ceiling, with the teller line, check-writing desks and, later, a 24-hour ATM vestibule.
  4. 23rd StreetStreet level

    Basement

    Below the street

    • Vaults & safe depositVaultA reinforced concrete cellar with the time-locked main vault, safe deposit rooms and the building’s mechanicals.
  • Planned

    Two connected apartment buildings

    Combined with 254–260 W 23rd St and lots through to 273 W 22nd St, the site is planned for two connected rental apartment buildings with shops, by TF Cornerstone.

    Source needed

What's happening now

8 permits, newest first · NYC Department of Buildings · checked Nov 10, 2026

  1. Signed off

    Construction fence around the site

    Construction fence as per drawings.

    Job M01195525-I1Official recordfor permit M01195525-I1
  2. Signed off

    Full demolition of the building

    full demolition of three story structure, using hand held and mechanical means to assist

    Job M00959510-I1Official recordfor permit M00959510-I1
  3. Signed off

    Scaffolding

    Temporary pipe scaffold as per drawings.

    Job M00981657-S2Official recordfor permit M00981657-S2
  4. Signed off

    Protecting neighboring buildings during work

    chute will be installed in accordance with approved DM plans

    Job M00959510-S1Official recordfor permit M00959510-S1
  5. Signed off

    Protecting neighboring buildings during work

    mechanical equipment will assist in accordance with approved demolition plans

    Job M00959510-S2Official recordfor permit M00959510-S2
  6. Signed off

    Construction fence around the site

    Construction fence as per drawings.

    Job M00981657-S1Official recordfor permit M00981657-S1
  7. Signed off

    Sidewalk shed over the pavement

    Heavy duty sidewalk shed during bldg demolition, filed sep.

    Job M00981657-I1Official recordfor permit M00981657-I1
  8. Signed off

    Protecting neighboring buildings during work

    Temporary overhead protection at adjoining property during bldg demo, filed sep.

    Job M00981657-S3Official recordfor permit M00981657-S3

What could happen here

Our outlook
  1. Likely to stay
  2. Could change
  3. Change coming

Someone has filed with the city to build new or demolish here.

Zoning limit37,134 sq ftBuilt0 sq ft
Could it get bigger?
YesZoning allows about 37,134 sq ft more floor area.
Could it be torn down or changed outside?
YesIt is not a landmark or in a historic district, so regular building permits apply.
Is anything planned?
YesA new building or demolition permit is on file. See the filing

Our outlook is a plain-language reading of zoning, landmark status and permits, not a prediction. Zoning district C2-7A · Lot 4,938 sq ft. Source: PLUTO, retrieved Nov 10, 2026.

Nearby

  1. The limestone bank in 2017, with BROADWAY SAVINGS BANK carved above a tall glass entrance, an Apple Bank for Savings sign, and a street clock on the rightYou are here

    Broadway Savings Bank Building

    250 W 23rd St · 1948

  2. The Hotel Chelsea

    Hotel Chelsea

    222 W 23rd St · same block, 1885

  3. The former McBurney YMCA on West 23rd Street

    McBurney YMCA (former)

    215 W 23rd St · across the street, 1904

  4. The long brick facade of London Terrace

    London Terrace

    405–415 W 23rd St · 1930

  5. Brick rowhouses with iron stoop railings under plane trees

    Cushman Row

    406–418 W 20th St · 1840

Sources

  1. 1.Primary Land Use Tax Lot Output (PLUTO)NYC Department of City Planning, via NYC Open Data. Accessed 2026-11-10.data.cityofnewyork.us/d/64uk-42ks
  2. 2.ACRIS Real Property Master and Legals (deeds only)NYC Department of Finance, via NYC Open Data. Accessed 2026-11-10.data.cityofnewyork.us/d/bnx9-e6tj
  3. 3.DOB NOW: Build – Approved PermitsNYC Department of Buildings, via NYC Open Data. Accessed 2026-11-10.data.cityofnewyork.us/d/rbx6-tga4

23 facts on this page still need a source. If you know where one is documented, tell us.

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