Cooperative · 1886
The Potter Building
36 Park Row, New York, NY 10038
Buildings·Cooperative

The Potter Building

36 Park Row, New York, NY 10038

At a glance
Year built
1886
Type
Cooperative
Landmark
Designated

The Potter Building is one of the most architecturally significant residential addresses in Lower Manhattan, and one of the earliest large-scale loft conversions in the city. Commissioned by Orlando B. Potter and completed in 1886 by architect Norris G. Starkweather, it rose on the site of the New York World building, which had burned in a notorious 1882 fire. Potter responded with a structure engineered to resist fire — iron framing, thick masonry walls, and an envelope wrapped in molded terra cotta — and in doing so built one of the most lavishly ornamented commercial buildings of its era on Printing House Row, the newspaper district that once clustered around Park Row and City Hall Park.

For most of its first century the building served as offices. Between 1979 and 1981 it was converted to a residential cooperative, with full-floor and loft apartments carved out of the deep, high-ceilinged plates the old printing-and-publishing tenancy had left behind. Today it is a 41-unit co-op with the kind of authentic scale — heavy timber, soaring ceilings, oversized windows — that new construction cannot replicate and that the Financial District's later glass towers do not attempt.

The result is a building that reads as a landmark from the street and lives as a loft inside: a rare combination of designation-grade architecture, downtown location at the doorstep of City Hall Park, and the ownership stability of an established cooperative.

Architecture and unit composition

Starkweather's design is the building's signature. The Park Row, Beekman Street, and Nassau Street elevations are sheathed in some 540 tons of brownstone-colored terra cotta produced by the Boston Terra Cotta Company — segmental arches, corbels, foliate panels, and window hoods layered across eleven stories. It is among the most complete surviving examples of architectural terra cotta in New York, and the reason the building carries individual landmark protection.

Inside, the conversion produced 41 cooperative residences, many of them loft-scaled with high ceilings, large windows on multiple exposures, and the structural columns and beams of the original commercial floors left expressed. Layouts vary widely floor to floor — a feature of conversions of this vintage — and the boutique unit count keeps the building intimate. The combination of historic envelope and open interior volume is exactly what draws buyers to converted Printing House Row stock rather than to standard postwar or new-construction inventory.

Building operations

This is a boutique, owner-occupied cooperative run with a live-in superintendent rather than a large doorman staff — the operating profile of a well-kept downtown loft building. Shared amenities include a common roof deck with open views over Lower Manhattan, individual and floor storage, a bike room, and video security at entry. Pets are not permitted under building policy (service animals excepted as required by law). As with most cooperatives of this scale, residency and any subletting are governed by the board and proprietary lease; we walk buyers through the building's current posture before an offer.

Local Law 97

Carbon-penalty exposure
🟢
Strong — under cap in both periods
2024–2029 annual penalty
$0 (under cap)
2030–2034 annual penalty
$0 (under cap)
Per unit / month range
See full Local Law 97 analysis — emissions history, scenarios, methodology →

Facade safety — Local Law 11

Local Law 11 / FISP · last inspection 2020–25
SWARMP
What this means for you

Safe to live in today — but the last inspection flagged repairs that are due on a deadline, so facade work and its cost are coming. Whether that’s a real concern depends on the scope, the timing, and how the building plans to pay for it — reserves or an assessment — which is exactly what we’d dig into for you.

Inspection history
2005–10
Safe
2010–15
Safe
2015–20
SWARMP
2020–25
SWARMP
2025–30
Due
Next report due
by Feb 2029
On record
$1,000 in filing penalties
The three grades, in buyer terms
SafeGood for ~5 years — no facade assessment on the horizon.
SWARMPSafe now, repairs due on a deadline — budget for the work or a possible assessment.
UnsafeActive hazard: sidewalk shed and repairs now. Expect disruption and an assessment.

QEWI = Qualified Exterior Wall Inspector — the licensed engineer the city requires to sign the report (the independent expert, not the managing agent). Source: NYC DOB facade filings (FISP) · The Roebling Research Library.

See the full facade history →

Recent sales

With only 41 apartments, the Potter Building trades infrequently — a handful of resales in a typical year, and often fewer. That scarcity is part of the value: loft floor plates in a designated landmark on City Hall Park are a finite supply, and turnover is driven more by life events than by speculation. Pricing tracks the converted-loft tier of the Financial District and Tribeca's eastern edge, with value set chiefly by floor, ceiling height, light, and the degree of interior renovation rather than by a uniform per-foot figure. Because the building's sales page is generated directly from public records tied to the BBL, it reflects recorded transfers as they post; for pricing on a specific line, a current comparable read is the right tool.

What to know if you’re buying

The appeal here is specific: a landmark address with genuine loft architecture and a stable cooperative structure, a block from City Hall Park and the courts and steps from the Fulton transit hub. Buyers should expect a co-op purchase — a board package and interview, owner-occupancy as the norm, and the boutique-building reality that available inventory is thin and lines differ meaningfully from one another. Underlying that, the building offers what downtown buyers prize: ceiling heights and window walls no new condo at this price reproduces, in a structure whose exterior is protected from alteration. We help buyers evaluate which floors and exposures actually deliver the light and volume the building is known for.

What to know if you’re selling

Two things sell here: the landmark and the lofts. A resale should lead with Starkweather's terra-cotta architecture and individual-landmark status, then with the specific apartment's scale — ceiling height, exposures, column rhythm, and renovation quality. Benchmark to converted loft buildings in the Financial District and lower Tribeca rather than to glass-tower condos; the buyer for this building is choosing character and provenance. Because turnover is low, a well-prepared listing in the right season can command attention disproportionate to the building's size. We position Potter Building resales against the right downtown loft comparison set and to the design-literate buyer who seeks out this kind of architecture.

Comparable buildings

If you're considering the Potter Building, also evaluate these downtown loft and landmark conversions:

The Roebling Team at The Potter Building

The Roebling Team at Compass specializes in the Financial District, Tribeca, and the broader Lower Manhattan loft market. We publish this profile because buyers and sellers evaluating landmark loft conversions deserve building-specific intelligence — the architecture, the cooperative structure, and where a given line sits in the downtown market. For the Potter Building, a short consultation is the right first step.

Considering a move at The Potter Building?

Get the full picture on this building.

Current availability including off-market, the full comp set, and the board & financials read most listings don't show.

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Corey Cohen, Principal · The Roebling Team at Compass
646.939.7375 · c.cohen@compass.com