100 Barclay

The Building

Fine Print

What's Specific to It

• A phone company downstairs: Verizon keeps 12 commercial units, including floors 2 to 10, and runs part of the building as a central office for its network. Those units carry "Verizon Special Rights" that may last indefinitely.
• Residents never control the building board: the residential section names only two of the five members of the condominium board. Verizon, as owner of the Principal Commercial Unit, names the other three.
• A landmark conversion: the plan describes the building as the first Art Deco skyscraper, designed by Ralph Walker for the New York Telephone Company. The exterior and the Grand Lobby are both city landmarks.
• A portable flood wall: the building is in flood Zone AE. A removable steel-and-aluminum flood barrier is stored in New Jersey, takes about four days to bring in and put up, and residents must leave when it goes up.
• Wine lockers and storage closets for sale: 113 wine lockers and 161 storage closets are sold separately as licenses.
• The sponsor could rent instead of sell: the sponsor kept the unconditional right to rent unsold homes, so it only has to sell 25 of the 161 to declare the plan effective.

100 Barclay fills the block bounded by Barclay, Washington, Vesey and West streets, with the residential entrance on Barclay Street. Its offering plan tells you who you'll share the building with, what's in the apartments and what it should cost to run.

Fine Print Worth Knowing

• Verizon's special rights: Verizon can do noisy work related to its central office without breaking the rules. It must approve most non-cosmetic renovations in residential units. In an emergency it gets priority use of the loading docks and freight elevators. These rights last until two years after Verizon stops using its units mainly for telecommunications, which may never happen.
• 11th-floor limits: owners on the 11th floor can't cut through the floor slab or add sinks, toilets or other wet fixtures beyond the existing bathrooms without Verizon's approval. Verizon can also hang loads of up to 25 pounds per square foot from that slab.
• Generators, batteries and EMF: Verizon keeps lead-acid batteries on floors 3, 6, 9 and 10 and two 20,000-gallon diesel tanks below ground. The sponsor's consultants found no concerns, and EMF readings were far below the levels that would affect a pacemaker. A new diesel generator on the 34th floor serves residential emergency loads.
• Flood barrier: the building-wide board decides when to put up the flood wall, and everyone has to leave when it does. Residents' share of its yearly cost was capped at $200,000 in 2014, rising 3% a year.
• Trade Center security: the building sits at the edge of the World Trade Center Campus Security Plan. Cars entering the campus may be screened, but residential deliveries go through the service entrance on Barclay Street, outside the secure zone.
• Rentals: owners can rent for one to two years at a time, subject to the board's right of first refusal. Short stays of under 12 months aren't allowed.
• Rebuilding limits: the building is bigger than zoning now allows. If 75% or more of it were destroyed, it could only be rebuilt to the smaller size zoning allows at that time.

FAQ

Who else owns part of 100 Barclay?

Verizon owns 12 of the 14 commercial units, including floors 2 to 10, and uses part of the building as a telecommunications central office. As owner of the Principal Commercial Unit, it names three of the five members of the board that runs the whole building, so residents never hold a majority there.

Does 100 Barclay have a pool?

Yes. The plan puts a swimming pool on Concourse Level C, next to the gym, spas, locker rooms and studios, though the sponsor can move them to Level D. If a sponsor affiliate leases retail space to a health club, that club's members may also be allowed to use the pool.

What are the extra costs at closing?

Besides the price, buyers pay two months of common charges into working capital and a share of the $3.1 million cost of the resident manager's apartment. They also pay the city and state transfer taxes, the mansion tax on purchases of $1 million or more, and a $3,250 closing fee to the sponsor's counsel.

Where this comes from: the building's offering plan (CD140129) as filed with the New York Attorney General, including its Special Risks, Description of the Property and Improvements, Schedule A, Schedules B-1 and B-2, Identity of Parties and the architect's Description of Property and Building Condition. Prices are the sponsor's offering prices, not sales, and budget figures are the sponsor's first-year projections. Later amendments may change them. Updated October 2026.