Building Biography

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229 Front Street

268Records
14City systems
4Open violations
12.2Penalty rate

268 recorded events, 1969–2026, from 14 city data systems. The city's paper trail here is mostly 60 ACRIS deeds & mortgages, 49 DOB permits, 34 DOB job filings.

BoroughManhattan 10038
Built1839
Floors5
Res. units9
ClassC7
Owner (PLUTO)YARROW TWO LLC
BBL1000970026
BIN1079112

Full record, year by year   Support this site

GRADE A

The city's published records show little recorded distress here in the last three years. Less recorded distress than 56% of 6-24-unit residential buildings citywide. The citywide median for 6-24-unit residential buildings is 16.3 penalty points per 10 units; this building carries 12.2. In ZIP 10038, 65% of residential buildings hold an A and 7% grade D or F. How grades work

this building
A
B
C

Among 46,798 6-24-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations4 total — 3 class C (immediately hazardous), 1 class B, 0 class A. Oldest open since 2023-03-06.

status snapshot refreshed weekly from HPD records

Patterns

9 heat or hot-water complaints in the last three years (winter 2023–24: 9).

No bedbug-infested units reported in the last three years of filings.

What 311 hears from this address

7 service requests in the last three years. Most common: HEAT/HOT WATER (4) · Noise (1) · Illegal Parking (1) · Panhandling (1).

Filed construction activity

$553,420 in permitted construction work filed since 2016 (10 filings with a declared cost) — a rough measure of how actively the owner maintains the building. Permit costs cover filed construction work only — they do not capture routine maintenance or repairs done without a permit.

Rent-stabilization signals

YesBuilt before 1974 (1839)
YesSix or more residential units (9)
No421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. This is the classic profile of a rent-stabilized building (pre-1974, 6+ units) — many units in such buildings remain stabilized. The definitive answer for any unit: request its rent history from NYS Homes & Community Renewal (free, at hcr.ny.gov).

Registered with HPD — the names behind the building

Registered owner(s)YARROW TWO LLC
Head officerJONATHAN DURST
Managing agentROYAL REALTY CORP
Last registered2025-09-11

as filed by the owner in the building's HPD registration

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$8,690,400 $3,910,680
2026$9,270,000 $4,171,500
2027$9,774,000 $4,398,300

The city's market estimate has risen 12% between tax years 2025 and 2027.

Flood exposure

In the FEMA 1%-annual-chance floodplain (2015 preliminary flood maps) — lenders typically require flood insurance here.

Hurricane evacuation zone 1 of 6 — zone 1 evacuates first.

In the city's stormwater flood map only under the extreme-storm scenario (3.66 in/hr cloudburst with 2080 sea levels) — an Ida-scale event.

No street-flooding or sewer-backup complaints on record at this address.

Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.

Getting around

SubwayFulton St — 2 3 4 5 A C J Z · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full
Brooklyn Bridge-City Hall — 4 5 6 J Z · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: full
BusNearest boarding stop: Pearl St / Beekman St — M15-SBS · 450 ft · Select Bus Service
Citi BikePeck Slip & South St · 250 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: The Peck Slip School
Middle: J.H.S. 104 Simon Baruch. Confirm with the DOE's school search.

Distances are straight-line, not walking routes. Transit locations from the MTA and Citi Bike, bike facilities from NYC DOT, school zones from the DOE's 2024–25 maps.

Report a problem to 311

229 Front Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Anything elseAnything else

7 311 service requests from this address in the last three years — 4 of them about heat or hot water.

311 will ask for the address, the apartment if the problem is inside, and what's wrong. Contact details are optional for most complaints; food-poisoning reports can be anonymous. Complaints appear in the city's public 311 data, usually within a day or two, and then in the Live from 311 box on this page.

The landlord's report card

Managed by ROYAL REALTY CORP — 27 buildings, 3,729 units. Grades across the portfolio: A21 · B4 · C1. See the whole portfolio

BuildingBoroughUnitsGrade
Northern Boulevard QN958 A
625 West 57 Street MN709 A
601 West 57 Street MN597 A
1-02 26 Avenue QN404 A
855 Avenue of the Americas MN382 A
26-50 1st Street QN294 A
3-24 27th Avenue QN163 A
600 West 58 Street MN65 A
213 Front Street MN29 A
142 West 44 Street MN23 A
220 Front Street MN15 A
214 Front Street MN13 A
36 Peck Slip MN11 A
229 Front Street MN9 A
156 West 44 Street MN9 A
24 Peck Slip MN9 A
225 Front Street MN8 A
125 West 43 Street MN6 A
413 West 43 Street MN4 A
425 West 43 Street MN4 A
443 West 43 Street MN4 B
202 East 42 Street MN3 A
947 2 Avenue MN3 C
825 Third Ave MN3 B
423 West 43 Street MN2 B
441 West 43 Street MN2 B
136 West 44 Street MN0 —

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $46,300,000 on 2008-05-14 (lender: New York State Housing Finance Agency), covering 9 lots — the amount covers all of them. Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2008-05-14Mortgage $46,300,000 — from YARROW TWO LLC, to NEW YORK STATE HOUSING FINANCE AGENCY $46,300,000
2003-07-22Mortgage $46,300,000 — from YARROW LLC to NEW YORK STATE HOUSING FINANCE AGENCY $46,300,000
2003-07-22DEEDO $5,000,000 — from NEW YORK CITY ECONOMIC DEVELOPMENT CORPO to YARROW LLC $5,000,000
1990-10-26Mortgage $3,200,000 — from METROPOLIS SEAPORT ASSOC to ANNUITY PLAN/ELECT'LETC $3,200,000
1989-01-05Mortgage $8,000,000 — from PALERMO, DOUGLAS E; METROPOLIS STUDIOS ASC; METROPOLIS GROUP to ANNUITY PLN ELECTRCLETC $8,000,000

Ten-year activity

50250
2017
2018
2019
43
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsHealth & systemsTotal
201700011
201800213
201941106
2020151512143
202131408
202201326
20230510217
2024029011
202500202
20260183021
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The full timeline

Construction 85Enforcement 60Housing & tenants 51Ownership & money 60Health & systems 12

Every one of the 268 recorded events, 1969–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10038 · Landlord rankings · How grades work · The map · The Mice Map