Mark Miller, President of the LES Business Improvement District

Lower East Side galleries will become the first stop to see what is new and exciting in the art world. Jarmulovsky's Bank Building, located on the corner of Orchard and Canal streets, will be sold to a new owner who will begin development to turn this Lower East Side treasure into a boutique hotel.

The Lower East Side BID will launch unique programming called "Day Life" on select Sundays on Orchard between Delancey and Houston streets, bringing back the turn-of-the-century crowds that used to populate Orchard Street in the daytime.