667 recorded events, 1967–2026, from 20 city data systems. The city's paper trail here is mostly 191 311 service requests, 130 DOB permits, 96 DOB job filings.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. More recorded distress than 53% 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 4.4. In ZIP 10016, 71% of residential buildings hold an A and 4% grade D or F. How grades work
Among 4,677 100+-unit residential buildings citywide · left is less recorded distress, right is more
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.
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
$37,180 in enforcement penalties imposed (ECB/OATH) in the last three years.
84 service requests in the last three years. Most common: For Hire Vehicle Complaint (31) · Illegal Parking (18) · Noise (7) · Taxi Complaint (4) · Sidewalk Condition (3) · Dead/Dying Tree (3).
$89,733,856 in permitted construction work filed since 2016 (53 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 (1910) |
| Yes | Six or more residential units (111) |
| 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) | First and River LLC |
| Head officer | Kevin Lalezarian |
| Managing agent | LALEZARIAN DEVELOPERS INC |
| Last registered | 2026-01-29 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $24,933,000 | $11,219,850 |
| 2026 | $30,073,000 | $13,532,850 |
| 2027 | $33,546,000 | $15,095,700 |
The city's market estimate has risen 35% between tax years 2025 and 2027.
| Heating fuel | NONE |
| Facade (Local Law 11) | SAFE (cycle 9) |
In the FEMA 1%-annual-chance floodplain (2015 preliminary flood maps) — lenders typically require flood insurance here.
Hurricane evacuation zone 2 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.
| Subway | Grand Central-42 St — 4 5 6 7 S · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: 1 Av / E 36 St — M15 · 250 ft |
| Citi Bike | 1 Ave & E 38 St · 200 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: The River 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.
650 1 Avenue
| 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 |
84 311 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.
Managed by LALEZARIAN DEVELOPERS INC — 15 buildings, 2,780 units. Grades across the portfolio: A15. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 257 Gold Street | BK | 375 | A |
| 509 West 28 Street | MN | 372 | A |
| 100 Maiden Lane | MN | 340 | A |
| 606 West 30th St | MN | 277 | A |
| 277 Gold Street | BK | 266 | A |
| 309 Gold Street | BK | 256 | A |
| 515 West 36 Street | MN | 251 | A |
| 352 West 37 Street | MN | 207 | A |
| 650 1 Avenue | MN | 111 | A |
| 163 West 21 Street | MN | 110 | A |
| 102 Charlton Street | MN | 67 | A |
| 222 East 3 Street | MN | 61 | A |
| 222 East 56 Street | MN | 58 | A |
| 100 Charlton Street | MN | 16 | A |
| 379 East 10 Street | MN | 13 | A |
Most recent mortgage recorded against this lot: $8,480,000 on 2023-04-03 (lender: TD Bank, N..A.). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2023-04-03 | AL&R $50,000,000 — from FIRST AND RIVER LLC to TD BANK, N..A. | $50,000,000 | |
| 2023-04-03 | Mortgage $16,020,000 — from FIRST AND RIVER LLC to TD BANK, N..A. | $16,020,000 | |
| 2023-04-03 | Agreement $25,500,000 — from FIRST AND RIVER LLC to TD BANK, N..A. | $25,500,000 | |
| 2023-04-03 | Mortgage $8,480,000 — from FIRST AND RIVER LLC to TD BANK, N..A. | $8,480,000 | |
| 2023-03-27 | Deed $33,500,000 — from JERICHO OFFICE, LLC to FIRST AND RIVER LLC | $33,500,000 | |
| 2023-03-23 | Sold for $33,500,000 | $33,500,000 | $301,802 |
| 2016-11-16 | Agreement $27,000,000 — from JERICHO OFFICE, LLC to SIGNATURE BANK | $27,000,000 | |
| 2016-11-16 | Mortgage $8,373,285 — from JERICHO OFFICE, LLC to SIGNATURE BANK | $8,373,285 | |
| 2016-11-16 | AL&R $27,000,000 — from JERICHO OFFICE, LLC to SIGNATURE BANK | $27,000,000 | |
| 2008-02-08 | Mortgage $9,319,974 — from JERICHO OFFICE, LLC to SOVEREIGN BANK | $9,319,974 | |
| 2008-02-08 | Agreement $21,000,000 — from JERICHO OFFICE, LLC to SOVEREIGN BANK | $21,000,000 | |
| 2008-02-08 | AL&R $21,000,000 — from JERICHO OFFICE, LLC to SOVEREIGN BANK | $21,000,000 | |
| 2003-07-08 | Agreement $12,498,994 — from JERICHO OFFICE, LLC to INDEPENDENCE COMMUNITY BANK | $12,498,994 | |
| 2003-07-08 | Agreement $12,498,994 — from JERICHO OFFICE, LLC to INDEPENDENCE COMMUNITY BANK | $12,498,994 | |
| 2003-07-08 | Agreement $12,498,994 — from JERICHO OFFICE, LLC to INDEPENDENCE COMMUNITY BANK | $12,498,994 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 3 | 4 | 6 | 0 | 7 | 20 |
| 2018 | 10 | 6 | 7 | 0 | 3 | 26 |
| 2019 | 16 | 3 | 5 | 0 | 3 | 27 |
| 2020 | 8 | 5 | 11 | 0 | 14 | 38 |
| 2021 | 5 | 0 | 6 | 0 | 1 | 12 |
| 2022 | 4 | 2 | 20 | 1 | 1 | 28 |
| 2023 | 15 | 2 | 12 | 9 | 3 | 41 |
| 2024 | 33 | 28 | 22 | 0 | 6 | 89 |
| 2025 | 36 | 4 | 25 | 0 | 5 | 70 |
| 2026 | 5 | 0 | 39 | 1 | 0 | 45 |
Every one of the 667 recorded events, 1967–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10016 · Landlord rankings · How grades work · The map · The Mice Map