The 1926 Barclay Hotel - 111 East 48th Street

photograph by Ajay Suresh The renovation of Grand Central Depot to Grand Central Terminal sparked a burst of development in the neighborhood, known as Terminal City. A second wave that erupted in the 1920s included a 14-story "stores and apartment hotel," as described in the plans. Fred Bielsaski was president of the Barclay Park Corporation. In 1925, the syndicate hired the architectural firm of…