Ace Hotel Heading to the Lower Lower East Side [Updated]

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The Ace's new downtown digs.
The Ace's new downtown digs. Photo: Gnarly/Wikimedia

Everybody’s favorite haunt, the Ace Hotel, is heading to 54 Canal, at Orchard Street, reports Bowery Boogie. The site in question is the lovely beaux-arts Jarmulowsky Bank Building, and knowing the Ace, there are bound to be not one but several super hot restaurants within; BB says progress is moving along quickly. This little section of the LES, below Delancey, has stayed sleepy for a long time, but it seems its time has come at last. [Bowery Boogie]

Update: Ace reps are saying that Bowery Boogie got it wrong and that the hotel is not in fact developing the building in question.

Ace Hotel Heading to the Lower Lower East Side [Updated]