Syracuse has a new fancy space for parties, weddings and galas galore, located in the heart of downtown.
The Treasury is the newly renovated space at 101 S. Salina St. Built by the Onondaga County Savings Bank in 1897, the 10-story neoclassical building was one of Syracuse’s first steel-frame skyscrapers.
Later in the 1980s, the company rebranded as OnBank. M&T Bank acquired OnBank in 1998 and became the building’s owner, then listed it for sale in 2019.
From its beginning, the building featured an unusually ornate bank branch with a spectacular collection of sculptural details, columns and murals.
Developers reimagined the former lobby as Palladian Hall, an elegant two-floor event space. Peek inside Palladian Hall in the video below.
Located on the corner of South Salina and East Genesee streets, the structure is part of the Hanover Square Historic District, which is listed on the National Register of Historic Places. It’s one of the Syracuse skyline’s most recognizable buildings.
The ceiling has a spectacular 1931 Renaissance-style mural of the constellations, inspired by a 15th-century astronomer’s map.
The lobby also features 10 murals by artist William Tefft Schwarz, depicting Syracuse’s early history. Schwarz painted the historic scenes in the arches around the lobby’s ceiling.
One archway shows the first New York State Fair in 1841. Another shows the Great Council of the League of Five Nations. One shows Syracuse’s first Mayor Harvey Baldwin speaking to a crowd in 1848. Another shows Father Le Moyne’s discovery of Syracuse’s salt springs in 1654.
Palladian Hall features 10 mural painted by William Tefft Schwarz, showing key moments in Syracuse history. This arch shows the Great Council of the League of the Five Nations. Palladian Hall is part of The Treasury, the renovated building formerly known as the Onondaga County Savings Bank at 101 S. Salina St.Katrina Tulloch
Guests can also see an old bank vault door on the hall’s lower level.
One of the year’s first events in Palladian Hall will be the Syracuse Mayor’s Ball on Saturday, Feb. 3.
Mayor Ben Walsh’s annual gala starts with a VIP reception at 5 p.m. with general admission at 6 p.m. Tickets cost $175 per person or $300 per couple. The event will feature performances from The Blacklites and DJ Maestro.
“We have booked several weddings, galas, corporate and nonprofit events so far,” said Dawn Schmidt, Palladian Hall’s director of events and operations. “Inquiries are coming in for 2026 and 2027 already.”
To book an event at The Palladian, contact thepalladian@greystar.com.
Above Palladian Hall, The Treasury offers luxury apartments with rents ranging from $1,500 to $2,800. They include heat and access to a fitness center and roof deck.
The 10-story structure was built in an unusual V shape to ensure each office would have a window. Now, the building houses 119 apartments overlooking Salina Street, Hanover Square or Clinton Square. Tenants began moving in on Feb. 1, 2023.
Rick Moriarty contributed to this report.
Katrina Tulloch shoots videos and writes stories for Syracuse.com and This is CNY. Contact her anytime: Email • Instagram • X • Facebook • 518-810-5022
Editor’s note: M&T Bank is a partner of This Is CNY.
The ceiling of Palladian Hall features many ornate sculptural details. Palladian Hall is part of The Treasury, formerly known as the Onondaga County Savings Bank at 101 S. Salina St., Syracuse. (Katrina Tulloch)Katrina Tulloch