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550 West 45 Street

1,545Records
19City systems
14Open violations
3.8Penalty rate
Manhattan · ZIP 10036 · Neighborhood: Hell's Kitchen
Open in the map

1,545 recorded events, 2000–2026, from 19 city data systems. The city's paper trail here is mostly 904 311 service requests, 238 HPD complaints, 125 ACRIS deeds & mortgages.

BoroughManhattan 10036
Built2011
Floors31
Res. units699
ClassRM
Owner (PLUTO)UNAVAILABLE OWNER
BBL1010737501
BIN—

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 51% 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 3.8. In ZIP 10036, 62% of residential buildings hold an A and 6% 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 violations14 total — 3 class C (immediately hazardous), 6 class B, 5 class A. Oldest open since 2024-02-23.

status snapshot refreshed weekly from HPD records

Patterns

46 heat or hot-water complaints in the last three years (winter 2023–24: 8 · winter 2024–25: 22). Repeated winter clusters suggest a chronic heating problem.

8
’23–24
22
’24–25

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

$625 in enforcement penalties imposed (ECB/OATH) in the last three years.

What 311 hears from this address

477 service requests in the last three years. Most common: Noise (85) · Encampment (74) · DOOR/WINDOW (41) · PAINT/PLASTER (33) · Water System (29) · HEAT/HOT WATER (23).

Filed construction activity

$343,867 in permitted construction work filed since 2016 (13 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 (2011)
YesSix or more residential units (699)
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)44TH STREET DEVELOPMENT LLC
Head officerPHIL G LAVOIE
Managing agentGOTHAM REAL ESTATE MANAGERS LLC
Last registered2025-09-19

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$108,583,900 $48,862,732
2026$44,375,000 $19,968,751
2027$2,860,676 $1,287,305

The city's market estimate has fallen 97% between tax years 2025 and 2027.

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

For property tax, the Department of Finance values this condo as if it were a rental building. Its 2020 estimate: gross income $31,107,166 a year ($58.01 per sq ft), operating expenses $8,445,749 ($15.75 per sq ft), net operating income $22,661,418. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.

Building systems

Energy grade (LL33)D — ENERGY STAR score 32/100, posted at the entrance by law (2022 disclosure cycle)
Heating fuelNO2FUEL
Facade (Local Law 11)SAFE (cycle 9)

Flood exposure

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

Hurricane evacuation zone 3 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

SubwayTimes Sq-42 St — 1 2 3 7 A C E N Q R S W · 0.5 mi straight-line (about a 12-minute walk) · station accessibility: full
BusNearest boarding stop: 11 Av / W 44 St — M12 · 300 ft
Citi BikeW 44 St & 11 Ave · 150 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

550 West 45 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

477 311 service requests from this address in the last three years — 23 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 GOTHAM REAL ESTATE MANAGERS LLC — 10 buildings, 4,088 units. Grades across the portfolio: A10. See the whole portfolio

BuildingBoroughUnitsGrade
56-28 2nd Street QN1132 A
550 West 45 Street MN699 A
590 Fulton Street BK586 A
475 West 40th Street MN453 A
199 Broome Street MN379 A
66 West 38 Street MN374 A
831 9 Avenue MN149 A
60 Norfolk Street MN117 A
510 West 45 Street MN100 A
530 West 45 Street MN99 A

Sales, deeds & mortgages

DateRecordAmountPer res. unit
2025-06-16Agreement $460,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $460,000,000
2025-06-16Agreement $460,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $460,000,000
2025-06-16Agreement $460,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $460,000,000
2025-06-16Agreement $460,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $460,000,000
2025-06-16Agreement $460,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $460,000,000
2025-06-16Agreement $460,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $460,000,000
2015-06-24Agreement $520,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $520,000,000
2015-06-24Agreement $520,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $520,000,000
2015-06-24Agreement $520,000,000 — from 44TH STREET DEVELOPMENT LLC; GOTHAM WEST AFFORDABLE LLC to NEW YORK STATE HOUSING FINANCE AGENCY $520,000,000
2015-06-24Agreement $520,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $520,000,000
2015-06-24Agreement $520,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $520,000,000
2015-06-24Agreement $520,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $520,000,000
2015-06-24Agreement $520,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $520,000,000
2015-04-29MLEA $80,604,813 — from 44TH STREET DEVELOPMENT LLC to GOTHAM WEST AFFORDABLE LLC $80,604,813
2012-04-30Mortgage $520,000,000 — from 44TH STREET DEVELOPMENT LLC; 45 STREET HOUSING DEVELOPMENT FUND COMPA to NEW YORK STATE HOUSING FINANCE AGENCY $520,000,000

Ten-year activity

5002500
2017
2018
2019
2020
2021
2022
2023
442
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
2017053604990
201820390849
201932370749
202060420250
202142830190
202242880498
202341850494
20241143307442
202500171300201
202601750278
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The full timeline

Construction 116Enforcement 19Housing & tenants 1,197Ownership & money 125Health & systems 88

Every one of the 1,545 recorded events, 2000–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10036 · Landlord rankings · How grades work · The map · The Mice Map