NBT Lake Placid completes building Renovation


You may have noticed some changes at the NBT Bank on Main Street. “When the front of the building and the big fan window were removed, our customers and the community were initially confused and upset to see it go,” said Camilla Palumbo, Adirondack Retail Market Manager at NBT Bank. “But everyone has been very impressed with all of the improvements of this restoration and excited to see the building returned to its original magnificence.”


Photo on left, before restoration of the NBT Bank of Lake Placid.
At right, a picture of the building at completion of the restoration project.

The exterior of the building features many elements that have been restored to their original architectural appearance, including:

  • Completely removed existing front of building and window, sent to architecture millwork shop for restoration, and returned to the building (a temporary entryway was installed during this time to continue to operate business);
  • The original brass front doors were removed, sent to a metal shop to be restored, and returned to the building;
  • And the exterior brick and stone were cleaned using environmentally-friendly solutions and methods such as pressure washing and sand-blasting to return to their original colors.

Additional improvements to the exterior of the building include new business signs, new outside lighting, energy efficient windows, and a new roof.

On the inside, it’s like stepping back in time. And every team involved with this project paid great attention to detail:

  • The ceiling and mezzanine were opened to reveal bigger fan windows;
  • The walls, ceiling and all woodwork was restored, including detailed painting and extensive stenciling by hand;
  • New paint colors and furniture selected from a historical palette and design;
  • The marble wainscoting in the lobby was masterfully cleaned and restored;
  • Even the radiators, main clock, and the oak trim throughout the office were professionally cleaned and restored.

“This restoration changed the whole feeling inside the bank,” Palumbo said. “The teams did a fantastic job in achieving their vision of closely resembling the original building, which was always a bank.”

Additional improvements to the interior of the building include new chandeliers and energy efficient light fixtures, a new customer service representative area for customers, new flooring and carpet throughout the branch, a new fire alarm system, and a new vestibule door entry that features a card swipe system.

“We didn’t stop with the building, though,” Palumbo said. “The property extending all the way to the shoreline along Mirror Lake is now beautiful area and offers a great view all the way to water.” This landscaping work included removing the overgrown shrubbery, designing and planting new landscaping, added new cedar fence, a seating area, a small dock, and picnic tables for customers and the community to enjoy.

As Camilla Palumbo mentioned, this building has always been a bank, right in the center of town; and has always been a significant part of the community. “NBT Bank recognizes the significance of many of its locations to the local communities,” said Martin Dietrich, President and CEO of NBT Bank. “The restoration of our Lake Placid Office is an example of how our community commitment includes involvement in renewal and restoration efforts in the cities, towns and villages we call home.”

This project employed a local general contractor and many local subcontractors, including carpenters, electricians, painters, carpet and ceramic tile suppliers, metal work, plumbing, landscapers and masons. The restoration project started in November 2011 and was complete by the end of August 2012.

NBT Bank offers personal banking, asset management and business services through a network of 137 banking locations in five states. NBT Bank operates from 97 locations in upstate New York, northwestern Vermont and western Massachusetts. NBT’s Pennstar Bank division operates from 35 locations in northeastern Pennsylvania, and its Hampshire First Bank division operates from five locations in southern New Hampshire. NBT Bank and its parent company, NBT  Bancorp Inc., are headquartered in Norwich, N.Y. NBT Bancorp Inc. had assets of $6.0 billion as of June 30, 2012.

No related content found.