Hotel Name: | Barclay Hotel Barclay Condominiums |
Location: | Rittenhouse Square, Philadelphia |
Address: | 237 S. 18th Street Philadelphia, Pennsylvania 19103 |
Opening Date: | 1929 |
Closing Date: | 1994 |
Architect: | John McShain (Barclay Hotel) and Shay Construction (Barclay Condominium) |
Owner: | Allan Domb Real Estate |
Parking: | located at 18th Street and Walnut Street |
Website: | Rental and Sales Listings |
The Barclay Hotel was located at 237 S. 18th St. in Philadelphia, Pennsylvania, on Rittenhouse Square.
The Barclay Hotel opened in October 1929. It was, for a period of time, the most famous hotel in Philadelphia. It was owned by the well-known developer John McShain.
In 1980, the hotel was the site of the FBI's Abscam sting operation, which exposed corruption in government. Federal agents posing as Arab sheikhs rented a suite in the hotel, where they solicited the help of local, state, and federal officials.[1]
In 1989, the hotel was put up for sale for approximately $30 million. In April 1992, owner Barclay Hotel Associates filed for Chapter 11 bankruptcy. The property was subsequently purchased by Princeton, New Jersey developer Peter Marks for $4.3 million in October 1994. Construction on the Barclay Condominiums was completed in 2005.[2]
In the 1994 novel The Fermata by Nicholson Baker, the narrator first discovers his ability to "freeze time" while staying at the Barclay Hotel as a child.