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2 Lexington Avenue

1,106Records
18City systems
0Open violations
18.3Penalty rate
Manhattan · ZIP 10010 · Neighborhood: Gramercy
Open in the map

1,106 recorded events, 1900–2026, from 18 city data systems. The city's paper trail here is mostly 244 311 service requests, 195 DOB permits, 190 DOB job filings.

BoroughManhattan 10010
Built1924
Floors16
Res. units23
ClassH1
Owner (PLUTO)GPH PARTNERS LLC
BBL1008770018
BIN1017990

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. More recorded distress than 52% 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 18.3. In ZIP 10010, 74% of residential buildings hold an A and 5% 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

No current HPD flags in the latest weekly snapshot: no open violations, no pending litigation, no active vacate orders, and not in the Alternative Enforcement Program.

Patterns

No heat or hot-water complaints in the last three years.

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

$27,400 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

20 service requests in the last three years. Most common: Noise (7) · General Construction/Plumbing (5) · Illegal Parking (4) · Graffiti (1) · Drug Activity (1) · Street Sign (1).

Filed construction activity

$64,921,256 in permitted construction work filed since 2016 (60 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 (1924)
YesSix or more residential units (23)
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)M4 Gramercy Park Hotel LLC
Head officerWilliam White
Managing agentMCR Property Management LLC
Last registered2025-08-14

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$74,546,000 $33,545,700
2026$63,964,000 $28,783,800
2027$65,910,000 $29,659,500

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

Building systems

Energy grade (LL33)D — ENERGY STAR score 22/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuelNO6FUEL
Facade (Local Law 11)SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 8)

Flood exposure

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.

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

Subway23 St-Baruch College — 6 · 400 ft straight-line (about a 2-minute walk) · station accessibility: full
23 St — R W · 0.2 mi straight-line (about a 6-minute walk) · station accessibility: none
BusNearest boarding stop: Park Av South / E 21 St — M1 M2 M3 · 400 ft
Citi BikeGramercy Park N & Gramercy Park E · 300 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 040 Augustus Saint-Gaudens
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

2 Lexington Avenue

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

20 311 service requests from this address in the last three years.

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 MCR PROPERTY MANAGEMENT LLC — 2 buildings, 23 units. Grades across the portfolio: A1. See the whole portfolio

BuildingBoroughUnitsGrade
2 Lexington Avenue MN23 A
151 West 54th Street MN0 —

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $12,000,000 on 2026-07-21 (lender: BMO Bank N.A.). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2026-07-21Mortgage $38,000,000 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A. $38,000,000
2026-07-21Mortgage $12,000,000 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A. $12,000,000
2026-07-02Mortgage $3,335,605 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A. $3,335,605
2026-07-02Mortgage $5,229,623 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A. $5,229,623
2026-06-02Mortgage $4,759,541 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A. $4,759,541
2026-06-02Mortgage $3,107,709 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A. $3,107,709
2026-03-10Mortgage $35,000 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A. $35,000
2026-03-10Agreement $20,000,000 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A. $20,000,000
2026-03-10Mortgage $35,000 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A. $35,000
2026-01-15Mortgage $20,000,000 — from M4 GRAMERCY PARK HOTEL LLC to BMO BANK N.A.. $20,000,000
2023-08-23MLEA $179,846,754 — from GRAMERCY PARK PARTNERS, LLC to M4 GRAMERCY PARK HOTEL LLC $179,846,754
2019-06-07Agreement $75,000,000 — from GPH GROUND TENANT LLC; GPH MANAGEMENT LLC; GPH MASTER TENANT LLC to JPMORGAN CHASE BANK, N.A. $75,000,000
2017-04-26Agreement $90,000,000 — from GPH MASTER TENANT LLC; GPH GROUND TENANT LLC; GPH MANAGEMENT LLC to JPMORGAN CHASE BANK, N.A. $90,000,000
2015-06-01Deed $4,650,000 — from THE LILLIAN GOLDMAN 2002 L.L.C.; JANE H. GOLDMAN AS CO-EXECUTOR; ALLAN H. GOLDMAN AS CO-EX to GRAMERCY PARK PARTNERS LLC $4,650,000
2014-05-06M&CON $4,000,000 — from GPH GROUND TENANT LLC; GPH MANAGEMENT LLC; GPH MASTER TENANT LLC to JPMORGAN CHASE BANK NA $4,000,000

Ten-year activity

2001000
2017
2018
2019
2020
2021
2022
2023
2024
2025
126
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017510131534
201848130429
201989191239
202069210541
2021321142040
2022010131024
20232463217
20246770121
20253941011468
202680255115126
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The full timeline

Construction 415Enforcement 228Housing & tenants 271Ownership & money 147Health & systems 45

Every one of the 1,106 recorded events, 1900–2026, is laid out year by year in the full report (print-ready).

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