Barclay-Vesey Building, Verizon Headquarters, NY

The Barclay-Vesey Building after rehabilitation

 

Barclay-Vesey Lobby

Main lobby after restoration work was completed (November 2008)

 

Corporate Facility Rehabilitation


Verizon Headquarters Building

Rehabilitation after 9/11 Disaster

 


LOCATION

New York, New York

DATE BUILT

ca. 1923-1927

DEVELOPER

Verizon New York, Inc.

COMPLETION DATE

July 2008

TOTAL REHABILITATION COST       

$69 million

HISTORIC TAX CREDITS

Approximately $13.8 million

 

 

PROJECT OVERVIEW


MacRostie Historic Advisors LLC served as the historic tax credit consultant for Verizon New York, Inc. in the rehabilitation and restoration of the New York Telephone Company Building (also known as the Barclay-Vesey Building) following the World Trade Center disaster. Due to its location in the financial district of New York City, the Verizon Headquarters Building suffered damage as a result of the September 11, 2001 terrorist attacks. When the World Trade Center towers fell, the impact caused extensive structural damage and external bruising to the south and east elevations of the Verizon Headquarters Building. Steel girders pierced the building, hundreds of windows were blown out, and flooding occurred in the basement levels. The World Trade Center collapses also broadcast pulverized plaster, sheetrock, ceiling tiles, fireproofing, and other building materials, the majority of which contained asbestos. The airborne particulate of dust and debris infiltrated all of the interior spaces throughout the building, affecting air handling systems, surface finishes, equipment, and all exposed sufaces within the building.

 

The project included both exterior and interior rehabilitation and restoration work. Work consisted of rebuilding and repairing the exterior masonry and stonework, including selective refacing of the building with custom-fabricated brick and replication of the ornamental limestone and bronze. The first floor interior lobby - a designated New York City Landmark prior to September 11, 2001 - was restored to its original appearance. The lobby's central corridor features a 22-foot-high vaulted ceiling ornamented with twelve hand-painted murals depicting the history of communication. Interior alterations included the removal of all contaminated surfaces and replacement of telecommunications equipment, as well as the removal of some partition walls and the creation of new partition walls as required. The building continues to house administrative functions on the upper floors (11 and higher), while the lower floors house telecommunications equipment. The project began in September 2001 and was completed in July 2008.

 

MacRostie Historic Advisors worked closely with the project team to create a scope of work compatible with the Secretary of the Interior's Standards for Rehabilitation. MacRostie Historic Advisors also prepared and submitted the required documentation for listing in the National Register of Historic Places and for the federal historic tax credit program, while also securing the necessary approvals from the State Historic Preservation agency (New York State Historic Preservation Office) and the National Park Service.


 

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