596 recorded events, 1968–2026, from 17 city data systems. The city's paper trail here is mostly 174 311 service requests, 109 DOB permits, 99 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. Less recorded distress than 64% 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 1.8. In ZIP 11215, 70% 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
| Open HPD violations | 8 total — 1 class C (immediately hazardous), 0 class B, 7 class A. Oldest open since 2025-11-10. |
status snapshot refreshed weekly from HPD records
20 heat or hot-water complaints in the last three years (winter 2025–26: 20).
No bedbug-infested units reported in the last three years of filings.
$8,750 in enforcement penalties imposed (ECB/OATH) in the last three years.
121 service requests in the last three years. Most common: Noise (30) · Illegal Parking (24) · Indoor Air Quality (11) · HEAT/HOT WATER (10) · Sewer (6) · GENERAL (6).
$1,954,634 in permitted construction work filed since 2016 (63 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.
| No | Built before 1974 (2023) |
| Yes | Six or more residential units (350) |
| Yes | 421-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 owner(s) | GOWANUS PRESIDENT OWNER, LLc |
| Head officer | RICHARD F MASON |
| Managing agent | URBAN ASSOCIATES, LLc |
| Last registered | 2025-10-01 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $3,311,089 | $1,489,990 |
| 2026 | $25,540,000 | $11,493,000 |
| 2027 | $89,217,000 | $40,147,650 |
The city's market estimate has risen 2594% between tax years 2025 and 2027.
Tax exemptions on the roll: 421A 35YR WITH AFF HOUSING PCT
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.
6 street-flooding or sewer-backup complaints at this address since 2025 (6 in the last three years).
Sources: FEMA flood maps (coastal), NYC DEP Stormwater Flood Maps (cloudburst), NYC hurricane evacuation zones, and 311 records for this address.
| Subway | Union St — R · 0.2 mi straight-line (about a 5-minute walk) · station accessibility: none Carroll St — F G · 0.4 mi straight-line (about an 11-minute walk) · station accessibility: none |
| Bus | Nearest boarding stop: 3 Av / Union St — B37 · 350 ft |
| Citi Bike | Union St & Nevins St · 250 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 032 Samuel Mills Sprole. 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.
499 President 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 |
121 311 service requests from this address in the last three years — 10 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.
Managed by URBAN ASSOCIATES LLC — 46 buildings, 7,756 units. Grades across the portfolio: A42 · B2. See the whole portfolio
Most recent mortgage recorded against this lot: $32,292,825 on 2023-05-18 (lender: Manufacturers And Traders Trust Company), covering 3 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 |
|---|---|---|---|
| 2023-05-18 | Deed $75,969,073 — from 473 PRESIDENT LLC to GOWANUS PRESIDENT OWNER LLC | $75,969,073 | |
| 2023-05-18 | Mortgage $38,574,063 — from GOWANUS PRESIDENT OWNER LLC to MANUFACTURERS AND TRADERS TRUST COMPANY | $38,574,063 | |
| 2023-05-18 | Mortgage $84,133,112 — from GOWANUS PRESIDENT OWNER LLC to MANUFACTURERS AND TRADERS TRUST COMPANY | $84,133,112 | |
| 2023-05-18 | Mortgage $32,292,825 — from GOWANUS PRESIDENT OWNER LLC to MANUFACTURERS AND TRADERS TRUST COMPANY | $32,292,825 | |
| 2023-04-28 | Sold for $75,969,073 | $75,969,073 | $217,054 |
| 2019-10-17 | Sold for $11,053,305 | $11,053,305 | $31,581 |
| 2019-10-17 | Sold for $11,053,305 | $11,053,305 | $31,581 |
| 2019-10-17 | Sold for $11,053,305 | $11,053,305 | $31,581 |
| 2019-10-17 | Sold for $11,053,305 | $11,053,305 | $31,581 |
| 2019-10-17 | Sold for $7,520,195 | $7,520,195 | $21,486 |
| 2019-10-17 | Sold for $11,053,305 | $11,053,305 | $31,581 |
| 2019-09-24 | Deed $44,100,000 — from MCP PRESIDENT STREET LLC to 473 PRESIDENT LLC | $44,100,000 | |
| 2019-09-05 | Sold for $44,100,000 | $44,100,000 | $126,000 |
| 2019-05-08 | Sold for $829,000 | $829,000 | $2,369 |
| 2019-04-22 | TERA $2,500,000 — from 469 PRESIDENT STREET COMPANY, LLC; 473 PRESIDENT STREET COMPANY, LLC to MCP PRESIDENT STREET LLC | $2,500,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 0 | 0 | 3 | 1 | 1 | 5 |
| 2018 | 0 | 0 | 2 | 0 | 1 | 3 |
| 2019 | 0 | 9 | 5 | 11 | 1 | 26 |
| 2020 | 17 | 0 | 5 | 4 | 0 | 26 |
| 2021 | 61 | 20 | 4 | 3 | 15 | 103 |
| 2022 | 18 | 0 | 1 | 6 | 0 | 25 |
| 2023 | 32 | 4 | 16 | 15 | 1 | 68 |
| 2024 | 37 | 5 | 7 | 2 | 9 | 60 |
| 2025 | 25 | 11 | 84 | 1 | 0 | 121 |
| 2026 | 14 | 2 | 59 | 2 | 0 | 77 |
Every one of the 596 recorded events, 1968–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11215 · Landlord rankings · How grades work · The map · The Mice Map