What was the original budget of Barclay-Vesey Building?
The Barclay–Vesey Building at 140 West Street in Lower Manhattan was built as New York Telephone's headquarters and telephone exchange. Designed by Ralph Walker, the 32-storey Art Deco tower rose above five basement levels. Foundation work began in June 1923; the first occupants moved in during February 1926 and construction was physically complete that June, although city sign-off followed in April 1927. Contemporary reporting put the planned building cost at $11.2 million, but a final construction outturn has not been verified. Its later post-September 11 restoration was a separate undertaking.
Original budget
$11.2 million
Cost basis: 1923
Beyond My KenCC BY-SA 4.0
Cost evidence
Basis of the published figure
Original budget1923
Project metrics
Key dimensions
- HeightThe Skyscraper Center
- 151.8 m
- Floor areaNew York City Landmarks Preservation Commission
- 78,967.584 m²
Project record