2,922 recorded events, 1973–2026, from 21 city data systems. The city's paper trail here is mostly 1,163 311 service requests, 866 HPD complaints, 210 HPD housing violations.
Full record, year by year Support this site
A modest record — below the level that usually signals systemic problems. More recorded distress than 71% of 100+-unit residential buildings citywide. The citywide median for 100+-unit residential buildings is 3.7 penalty points per 10 units; this building carries 13.7. In ZIP 10002, 64% of residential buildings hold an A and 5% grade D or F. How grades work
Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 1 total — 0 class C (immediately hazardous), 0 class B, 1 class A. Oldest open since 2000-01-05. |
| Active vacate order | 1 unit(s) under an unrescinded HPD vacate order |
status snapshot refreshed weekly from HPD records
68 heat or hot-water complaints in the last three years (winter 2023–24: 30 · winter 2024–25: 6 · winter 2025–26: 24). Repeated winter clusters suggest a chronic heating problem.
No bedbug-infested units reported in the last three years of filings.
$4,275 in enforcement penalties imposed (ECB/OATH) in the last three years.
176 service requests in the last three years. Most common: Noise (44) · HEAT/HOT WATER (34) · UNSANITARY CONDITION (16) · Illegal Parking (12) · PAINT/PLASTER (10) · GENERAL (8).
$1,797,200 in permitted construction work filed since 2016 (11 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.
| Yes | Built before 1974 (1972) |
| Yes | Six or more residential units (200) |
| No | 421-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 owner(s) | GRAND ST GUILD EAST HDFC INC |
| Head officer | ERIKA BRANDT |
| Managing agent | THE WAVECREST MGMT TEAM |
| Last registered | 2026-07-16 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $37,700,000 | $16,965,000 |
| 2026 | $40,466,000 | $18,209,700 |
| 2027 | $39,547,000 | $17,796,150 |
The city's market estimate has risen 5% between tax years 2025 and 2027.
Tax exemptions on the roll: MITCHELL-LAMA
For property tax, the Department of Finance values this co-op as if it were a rental building. Its 2022 estimate: gross income $7,785,451 a year ($43.66 per sq ft), operating expenses $3,518,254 ($19.73 per sq ft), net operating income $4,267,198. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Energy grade (LL33) | D — ENERGY STAR score 5/100, posted at the entrance by law (2022 disclosure cycle) |
| Facade (Local Law 11) | SAFE (cycle 9) |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 6 of 6 — zone 1 evacuates first.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
4 street-flooding or sewer-backup complaints at this address since 2011 (0 in the last three years).
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
| Subway | Delancey St-Essex St — F J M Z · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: Grand St / Pitt St — M14A-SBS · 250 ft · Select Bus Service |
| Citi Bike | Grand St & Samuel Dickstein Plaza · 350 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: Elementary schools in this district are not zoned. 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.
17 Pitt Street
| Heat or hot water | Heat or hot water |
| Apartment maintenance | Apartment maintenance |
| Bed bugs | Bed bugs |
| Residential pests | Residential pests |
| Rats or mice | Rats or mice |
| Anything else | Anything else |
176 311 service requests from this address in the last three years — 34 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.
Managed by WAVECREST MGMT GROUP — 362 buildings, 31,199 units. Grades across the portfolio: A86 · B145 · C84 · D33 · F13. See the whole portfolio
showing 60 of 362 buildings
Most recent mortgage recorded against this lot: $52,777,800 on 2020-11-05 (lender: Orix Real Estate Capital, LLC). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2022-04-29 | Agreement $52,777,800 — from GRAND STREET GUILD EAST HOUSING DEVELOPM to ORIX REL ESTATE CAPITAL, LLC; U.S. DEPARTMENT OF HOUSING AND URBAN DEV | $52,777,800 | |
| 2020-11-05 | Mortgage $52,777,800 — from GRAND STREET GUILD EAST HOUSING DEV to ORIX REAL ESTATE CAPITAL, LLC | $52,777,800 | |
| 2016-03-23 | Mortgage $52,777,800 — from GRAND STREET GUILD EAST HOUSING DEVELOPM to RED MORTGAGE CAPITAL, LLC | $52,777,800 | |
| 2010-07-21 | Mortgage $32,461,900 — from GRAND STREET GUILD EAST HOUSING DEVELOPM to OPPENHEIMER MULTIFAMILY HOUSING & HEALTH | $32,461,900 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 4 | 10 | 63 | 0 | 14 | 91 |
| 2018 | 4 | 8 | 51 | 0 | 15 | 78 |
| 2019 | 4 | 2 | 81 | 2 | 11 | 100 |
| 2020 | 5 | 1 | 115 | 4 | 3 | 128 |
| 2021 | 0 | 5 | 122 | 0 | 3 | 130 |
| 2022 | 1 | 5 | 95 | 13 | 5 | 119 |
| 2023 | 3 | 4 | 109 | 0 | 8 | 124 |
| 2024 | 6 | 18 | 114 | 0 | 8 | 146 |
| 2025 | 4 | 1 | 78 | 1 | 21 | 105 |
| 2026 | 0 | 3 | 67 | 0 | 11 | 81 |
Every one of the 2,922 recorded events, 1973–2026, is laid out year by year in the full report (print-ready).
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