260 recorded events, 1966–2026, from 16 city data systems. The city's paper trail here is mostly 50 311 service requests, 44 ACRIS deeds & mortgages, 36 DOB permits.
Full record, year by year Support this site
The city's published records show little recorded distress here in the last three years. Less recorded distress than 94% of 25-99-unit residential buildings citywide. The citywide median for 25-99-unit residential buildings is 23.6 penalty points per 10 units; this building carries 0.4. In ZIP 10023, 77% of residential buildings hold an A and 3% grade D or F. How grades work
Among 17,252 25-99-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.
No 311 service requests from this address in the last three years.
$1,000 in permitted construction work filed since 2016 (1 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 (1900) |
| Yes | Six or more residential units (27) |
| 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) | 242-244 WEST 61ST STREET |
| Head officer | LAURENCE T GINSBERG |
| Managing agent | ALGIN MANAGEMENT CO., LLC |
| Last registered | 2026-07-20 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $6,301,000 | $2,835,450 |
| 2026 | $6,615,000 | $2,976,750 |
| 2027 | $6,802,000 | $3,060,900 |
The city's market estimate has risen 8% between tax years 2025 and 2027.
| Heating fuel | NATURALGAS |
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.
| Subway | 66 St-Lincoln Center — 1 · 0.3 mi straight-line (about a 9-minute walk) · station accessibility: full 59 St-Columbus Circle — 1 A B C D · 0.4 mi straight-line (about a 10-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: West End Av / W 61 St — M57 · 250 ft |
| Citi Bike | West End Ave & W 60 St · 300 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 452. 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.
242 West 61 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 |
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 ALGIN MANAGEMENT CO LLC — 20 buildings, 2,494 units. Grades across the portfolio: A18 · B2. See the whole portfolio
| Building | Borough | Units | Grade |
|---|---|---|---|
| 300 Mercer Street | MN | 480 | A |
| 242 West 53 Street | MN | 426 | A |
| 229 West 60 Street | MN | 301 | A |
| 471 3 Avenue | MN | 300 | A |
| 120 East 34 Street | MN | 259 | A |
| 145 East 27 Street | MN | 174 | A |
| 400 East 66 Street | MN | 127 | A |
| 108 East 96 Street | MN | 112 | A |
| 463 Central Park West | MN | 66 | A |
| 530 2 Avenue | MN | 51 | A |
| 330 East 85 Street | MN | 45 | A |
| 148 East 30 Street | MN | 39 | A |
| 242 West 61 Street | MN | 27 | A |
| 138 East 96 Street | MN | 17 | B |
| 147 East 95 Street | MN | 15 | A |
| 128 East 96 Street | MN | 15 | A |
| 130 East 96 Street | MN | 15 | A |
| 136 East 96 Street | MN | 10 | A |
| 132 East 96 Street | MN | 8 | A |
| 134 East 96 Street | MN | 7 | B |
Most recent mortgage recorded against this lot: $650,000 on 2005-03-14 (lender: Seventh Frogmouth Corp.), covering 2 lots — the amount covers all of them. Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2007-12-21 | Deed $8,400,000 — from MCI REALTY, LLC to 242-244 WEST 61ST STREET CO., LLC | $8,400,000 | |
| 2005-07-25 | DEVR $792,500 — from MCI REALTY LLC to WEST 60TH STREET ASSOCIATES, LLC; WEST END ENTERPRISES, LLC | $792,500 | |
| 2005-03-14 | Mortgage $650,000 — from MCI REALTY LLC to SEVENTH FROGMOUTH CORP. | $650,000 | |
| 2005-03-14 | Deed $5,600,000 — from SEVENTH FROGMOUTH CORP to MCI REALTY | $5,600,000 | |
| 2001-06-27 | Mortgage $1,179,828 — from SEVENTH FROGMOUTH CORP. to INDEPENDENCE COMMUNITY BANK | $1,179,828 | |
| 1999-05-14 | Mortgage $621,539 — from SEVENTH FROGMOUTH CORP. to M&T REAL ESTATE, INC. | $621,539 | |
| 1988-10-11 | Mortgage $77,448 — from SEVENTH FROGMOUTH CORP to EAST NEW YORK SVGS BK | $77,448 | |
| 1985-10-17 | Mortgage $420,504 — from SEVENTH FROGMOUTH CORP to EAST NY SAVINGS BANK | $420,504 | |
| 1984-06-22 | Mortgage $700,000 — from SEVENTH FROGMOUTH CORP. to EAST NEW YORK SVGS BK | $700,000 | |
| 1983-09-06 | Mortgage $400,000 — from SEVENTH FROGMOUTH CORP. to CITIBANK, N.A. | $400,000 |
| Year | Construction | Enforcement | Housing & tenants | Health & systems | Total |
|---|---|---|---|---|---|
| 2017 | 0 | 1 | 2 | 3 | 6 |
| 2018 | 0 | 0 | 1 | 2 | 3 |
| 2019 | 0 | 1 | 5 | 3 | 9 |
| 2020 | 0 | 0 | 7 | 1 | 8 |
| 2021 | 0 | 0 | 8 | 1 | 9 |
| 2022 | 0 | 5 | 5 | 2 | 12 |
| 2023 | 0 | 0 | 5 | 3 | 8 |
| 2024 | 0 | 1 | 5 | 2 | 8 |
| 2025 | 2 | 0 | 1 | 3 | 6 |
| 2026 | 0 | 0 | 1 | 0 | 1 |
Every one of the 260 recorded events, 1966–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 10023 · Landlord rankings · How grades work · The map · The Mice Map