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420 East 54 Street

1,114Records
21City systems
0Open violations
2.1Penalty rate
Manhattan · ZIP 10022 · Neighborhood: East Midtown-Turtle Bay
Open in the map

1,114 recorded events, 1967–2026, from 21 city data systems. The city's paper trail here is mostly 384 311 service requests, 137 DOB permits, 132 ACRIS deeds & mortgages.

BoroughManhattan 10022
Built1982
Floors37
Res. units394
ClassD7
Owner (PLUTO)RIVER TOWER OWNER, LLC
BBL1013650009
BIN1040158

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 60% 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 2.1. In ZIP 10022, 72% 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

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

2 heat or hot-water complaints in the last three years (winter 2025–26: 2).

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

What 311 hears from this address

64 service requests in the last three years. Most common: Noise (16) · Indoor Air Quality (6) · UNSANITARY CONDITION (6) · Elevator (4) · Street Condition (4) · Dirty Condition (3).

Filed construction activity

$51,775,855 in permitted construction work filed since 2016 (38 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 (1982)
YesSix or more residential units (394)
No421-a / J-51 tax benefit on the current tax roll

1 of 3 signals present. Only a partial profile — stabilization is possible but less likely. 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)RIVER TOWER OWNER, LLC
Head officerCHRIS NIEHAUS
Managing agentGREYSTAR
Last registered2026-07-31

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

What the city thinks it's worth

Tax yearCity market valueAssessed value
2025$167,734,000 $75,480,300
2026$173,606,000 $78,122,700
2027$178,456,000 $80,305,200

The city's market estimate has risen 6% between tax years 2025 and 2027.

Building systems

Energy grade (LL33)B — ENERGY STAR score 84/100 (2022 disclosure cycle)
Heating fuelNATURALGAS
Facade (Local Law 11)SAFE (cycle 9)

Flood exposure

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

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.

Getting around

Subway51 St — 6 E F · 0.3 mi straight-line (about an 8-minute walk) · station accessibility: full
59 St — 4 5 6 N R W · 0.5 mi straight-line (about a 12-minute walk) · station accessibility: none
BusNearest boarding stop: 1 Av / E 52 St — M15 · 400 ft
Citi BikeE 54 St & 1 Ave · 300 ft · station location as of 2026-09-23; live availability
School zones (2024–25 map)Elementary: P.S. 059 Beekman Hill International
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

420 East 54 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

64 311 service requests from this address in the last three years — 1 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 GREYSTAR — 19 buildings, 4,542 units. Grades across the portfolio: A17. See the whole portfolio

BuildingBoroughUnitsGrade
54 Crown Street BK569 A
20 Broad Street MN533 A
770 8 Avenue MN464 A
7 East 28 Street MN404 A
420 East 54 Street MN394 A
461 Dean Street BK363 A
44-01 Northern Boulevard QN354 A
180 Broome Street MN263 A
509 West 38 Street MN225 A
145 Clinton Street MN211 A
125 Delancey Street MN195 A
27-19 44 Drive QN168 A
290 3 Avenue MN166 A
225 West 28 Street MN112 A
110 South 8 Street BK66 A
62 South 2nd Street BK29 A
309 Atlantic Avenue BK26 A
1014520028 — —
1014520030 — —

Sales, deeds & mortgages

Most recent mortgage recorded against this lot: $4,561,371 on 2016-02-04 (lender: Breds II Mortgage Corp.). Face amount at recording — it may have since been paid down, refinanced or satisfied. View the recorded document.

DateRecordAmountPer res. unit
2025-08-07Agreement $241,000,000 — from RIVER TOWER OWNER, LLC to CAPITAL ONE, NATIONAL ASSOCIATION $241,000,000
2019-12-02AL&R $285,000,000 — from RIVER TOWER OWNER, LLC to CMTG LENDER 54 LLC $285,000,000
2019-12-02Agreement $285,000,000 — from RIVER TOWER OWNER, LLC to CMTG LENDER 54 LLC $285,000,000
2016-02-04Mortgage $4,561,372 — from RIVER TOWER OWNER, LLC to BREDS II MORTGAGE CORP. $4,561,372
2016-02-04AL&R $248,571,429 — from RIVER TOWER OWNER, LLC to BREDS II MORTGAGE CORP. $248,571,429
2016-02-04AL&R $31,867,200 — from RIVER TOWER OWNER, LLC to BREDS II MORTGAGE CORP. $31,867,200
2016-02-04AL&R $4,561,372 — from RIVER TOWER OWNER, LLC to BREDS II MORTGAGE CORP. $4,561,372
2016-02-04Mortgage $248,571,429 — from RIVER TOWER OWNER, LLC to BREDS II MORTGAGE CORP. $248,571,429
2016-02-04Deed $390,000,000 — from EQR-RIVERTOWER, LLC; EQR-RIVER TOWER E, LLC; EQR-RIVER TOWER A, LLC; EQR-RIVER TOWER C, LL to RIVER TOWER OWNER, LLC $390,000,000
2016-02-04Mortgage $31,867,200 — from RIVER TOWER OWNER, LLC to BREDS II MORTGAGE CORP. $31,867,200
2016-01-28Sold for $390,000,000 $390,000,000 $989,848
2014-11-15RPTT $5,941,469 — from MACQUARIE NEW YORK PARKING 2, LLC; MACQUARIE NEW YORK PARKING 2, LLC to CITIZENS ICON HOLDINGS, LLC; CITIZENS ICON HOLDINGS, LLC $5,941,469
2014-11-15RPTT $5,941,469 — from MACQUARIE NEW YORK PARKING 2, LLC; MACQUARIE NEW YORK PARKING 2, LLC to CITIZENS ICON HOLDINGS, LLC; CITIZENS ICON HOLDINGS, LLC $5,941,469
2010-02-05Deed $181,500,000 — from RIVERTOWER ASSOCIATES LLC to EQR-RIVERTOWER, LLC; EQR-RIVERTOWER E, LLC; EQR-RIVERTOWER A, LLC; EQR-RIVERTOWER D, LLC; $181,500,000
2001-04-26Mortgage $66,000,000 — from RIVERTOWER ASSOCIATES LLC to NEW YORK STATE TEACHERS; RETIREMENT SYST $66,000,000

Ten-year activity

2001000
2017
184
2018
2019
2020
2021
2022
2023
2024
2025
2026
ConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systems
Show as table
YearConstructionEnforcementHousing & tenantsOwnership & moneyHealth & systemsTotal
201756193912117
2018232512187184
20191212219357
202042101320
2021312280346
2022814260654
202364360753
202411220226
202565513469
202665180433
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The full timeline

Construction 227Enforcement 194Housing & tenants 512Ownership & money 133Health & systems 48

Every one of the 1,114 recorded events, 1967–2026, is laid out year by year in the full report (print-ready).

Explore: ZIP 10022 · Landlord rankings · How grades work · The map · The Mice Map