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505 West 37 Street

1,950Records
22City systems
7Open violations
1.9Penalty rate
Manhattan · ZIP 10018 · Neighborhood: Chelsea-Hudson Yards
Open in the map

1,950 recorded events, 1985–2026, from 22 city data systems. The city's paper trail here is mostly 1,077 311 service requests, 179 DOB job filings, 164 DOB permits.

BoroughManhattan 10018
Built2007
Floors44
Res. units835
ClassD8
Owner (PLUTO)MIDTOWN WEST B L.L.C.
BBL1007090031
BIN1088724

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 63% 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 1.9. In ZIP 10018, 62% of residential buildings hold an A and 8% grade D or F. How grades work

this building
A
B
C

Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more

Open with the city right now

Open HPD violations7 total — 2 class C (immediately hazardous), 4 class B, 1 class A. Oldest open since 2025-08-31.
Pending HPD litigation1 case(s) pending in housing court

status snapshot refreshed weekly from HPD records

Patterns

12 heat or hot-water complaints in the last three years (winter 2024–25: 2 · winter 2025–26: 4). Repeated winter clusters suggest a chronic heating problem.

2
’24–25
4
’25–26

1 bedbug-infested unit(s) reported in filings over the last three years.

What 311 hears from this address

447 service requests in the last three years. Most common: Encampment (157) · Noise (90) · Illegal Parking (82) · Homeless Person Assistance (18) · UNSANITARY CONDITION (8) · HEAT/HOT WATER (6).

Filed construction activity

$4,206,571 in permitted construction work filed since 2016 (51 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

NoBuilt before 1974 (2007)
YesSix or more residential units (835)
Yes421-a / J-51 tax benefit on the current tax roll

2 of 3 signals present. Buildings receiving 421-a or J-51 benefits are generally required to register their units as rent-stabilized for the duration of the benefit. 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)505 WEST 37 LLC
Head officerKAMRAN T ELGHANAYAN
Managing agentTF CORNERSTONE INC
Last registered2025-08-31

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$183,707,000 $82,668,150
2026$184,794,000 $83,157,300
2027$196,825,000 $88,571,250

The city's market estimate has risen 7% between tax years 2025 and 2027.

Tax exemptions on the roll: 421A 20 YR NO CAP

Building systems

Heating fuelNATURALGAS
Facade (Local Law 11)SAFE (cycle 9)

Restaurants in this building

RestaurantCuisineGradeNotes
NizucMexicanAMice evidence

Report to 311: Food poisoning · Food safety complaint

1 restaurant · 1 with mice evidence · See them on the Mice Map

1 food-poisoning report to 311 at this address in the last three years (0 with three or more people sick)
5 Food Establishment complaints to 311 at this address in the last three years (most often: Permit/License/Certificate, No Permit or License, Pesticide) · complaints filed by the public; DOHMH investigates, outcomes aren't published.

Flood exposure

Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).

Hurricane evacuation zone 5 of 6 — zone 1 evacuates first.

Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.

1 street-flooding or sewer-backup complaints at this address since 2023 (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.

Getting around

Subway34 St-Hudson Yards — 7 · 750 ft straight-line (about a 4-minute walk) · station accessibility: full
34 St-Penn Station — A C E · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: full
BusNearest boarding stop: 10 Av / W 37 St — M11 · 250 ft
Citi BikeW 37 St & 10 Ave · 200 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 051 Elias Howe
Middle: M.S. 297. 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

505 West 37 Street

Heat or hot waterHeat or hot water
Apartment maintenanceApartment maintenance
Bed bugsBed bugs
Residential pestsResidential pests
Rats or miceRats or mice
Food poisoningFood poisoning
Food safety complaintFood safety complaint
Anything elseAnything else

447 311 service requests from this address in the last three years — 6 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 TF CORNERSTONE INC — 23 buildings, 9,994 units. Grades across the portfolio: A23. See the whole portfolio

BuildingBoroughUnitsGrade
827 11 Avenue MN1028 A
45-45 Center Boulevard QN838 A
505 West 37 Street MN835 A
2-21 Malt Drive QN812 A
595 Dean Street BK798 A
33 Bond Street BK714 A
2 Gold Street MN650 A
4610 Center Boulevard QN585 A
2-20 Malt Drive QN575 A
47-20 Center Boulevard QN495 A
5241 Center Blvd QN394 A
46-15 Center Boulevard QN363 A
45-40 Center Boulevard QN345 A
521 West Street MN318 A
201 East 69 Street MN300 A
200 West 26 Street MN231 A
340 East 34 Street MN200 A
211 Pearl Street MN189 A
220 West 26 Street MN125 A
230 North 9 Street BK95 A
444 West 35 Street MN86 A
203 East 69 Street MN14 A
31-48 Steinway Street QN4 A

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $374,400,000 on 2020-06-03 (lender: New York State Housing Finance Agency). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2020-06-03Mortgage $374,400,000 — from 505 WEST 37 LLC to NEW YORK STATE HOUSING FINANCE AGENCY $374,400,000
2009-11-27Agreement $378,000 — from MIDTOWN WEST B L.L.C. to NEW YORK STATE HOUSING FINANCE AGENCY $378,000
2008-12-29CORR $390,000,000 — from MIDTOWN WEST B. L.L.C. to CITY OF NEW YORK $390,000,000
2008-07-09Agreement $390,000,000 — from MIDTOWN WEST B. L.L.C to CITY OF NEW YORK $390,000,000
2008-07-09Agreement $390,000,000 — from NEW YORK STATE HOUSING FINANCE AGENCY to NEW YORK BRANCH; LANDESBANK HESSEN-THURINGEN GIROZENTRALE $390,000,000
2008-07-09Agreement $390,000,000 — from MIDTOWN WEST B L.L.C to NEW YORK STATE HOUSING FINANCE AGENCY $390,000,000
2008-07-09Mortgage $390,000,000 — from MIDTOWN WEST B L.L.C to NEW YORK STATE HOUSING FINANCE AGENCY $390,000,000
1991-09-30Mortgage $1,350,000 — from MUSS, STANLEY H. to CHASE MANHATTAN BANK $1,350,000
1986-05-13Mortgage $400,000 — from MUSS, STANLEY H. to LIGHT UP REALTY CORP. $400,000
1985-11-01Mortgage $296,874 — from LIGHT UP REALTY CORP to 505-509 W 37TH CORP $296,874

Ten-year activity

5002500
2017
2018
2019
2020
2021
2022
2023
2024
276
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
20175135501184
201812460756
201909630779
202002446355
2021412501269
2022147690494
202326910423144
20242677146114
20256825507276
2026312917005235
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The full timeline

Construction 375Enforcement 265Housing & tenants 1,201Ownership & money 48Health & systems 61

Every one of the 1,950 recorded events, 1985–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10018 · Landlord rankings · How grades work · The map · The Mice Map