1,214 recorded events, 2005–2026, from 15 city data systems. The city's paper trail here is mostly 744 ACRIS deeds & mortgages, 259 311 service requests, 33 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. More recorded distress than 50% 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 23.4. In ZIP 11211, 58% of residential buildings hold an A and 7% grade D or F. How grades work
Among 17,252 25-99-unit residential buildings citywide · left is less recorded distress, right is more
| Open HPD violations | 5 total — 1 class C (immediately hazardous), 4 class B, 0 class A. Oldest open since 2018-07-17. |
status snapshot refreshed weekly from HPD records
8 heat or hot-water complaints in the last three years (winter 2025–26: 8).
No bedbug-infested units reported in the last three years of filings.
88 service requests in the last three years. Most common: Noise (35) · Water System (10) · Blocked Driveway (7) · DOOR/WINDOW (4) · Indoor Air Quality (4) · HEAT/HOT WATER (4).
$202,300 in permitted construction work filed since 2016 (5 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 (2007) |
| Yes | Six or more residential units (25) |
| 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) | 275 MANAGEMENT CO. |
| Head officer | JON ROSENBLATT |
| Managing agent | TRUE MANAGEMENT |
| Last registered | 2025-09-02 |
as filed by the owner in the building's HPD registration
| Tax year | City market value | Assessed value |
|---|---|---|
| 2025 | $142,701 | $64,215 |
| 2026 | $117,078 | $52,685 |
| 2027 | $117,078 | $52,685 |
The city's market estimate has fallen 18% between tax years 2025 and 2027.
Tax exemptions on the roll: 421A 25 YR NO CAP
For property tax, the Department of Finance values this condo as if it were a rental building. Its 2021 estimate: gross income $419,895 a year ($30.10 per sq ft), operating expenses $159,588 ($11.44 per sq ft), net operating income $260,307. These are the city's estimates from comparable rentals, not the building's actual budget, rents or maintenance charges.
| Facade (Local Law 11) | SAFE (cycle 9) |
Not in the FEMA 1%-annual-chance floodplain (2015 preliminary maps).
Hurricane evacuation zone 5 of 6 — zone 1 evacuates first.
Not in the city's stormwater (cloudburst) flood maps under any modeled scenario.
1 street-flooding or sewer-backup complaints at this address since 2026 (1 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 | Marcy Av — J M Z · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full Lorimer St — G L · 0.3 mi straight-line (about a 7-minute walk) · station accessibility: full |
| Bus | Nearest boarding stop: Marcy Av / S 2 St — B24 · 500 ft |
| Citi Bike | Grand St & Havemeyer St · 300 ft · station location as of 2026-09-23; live availability |
| School zones (2024–25 map) | Elementary: P.S. 017 Henry D. Woodworth. 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.
275 South 1 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 |
88 311 service requests from this address in the last three years — 4 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 TRUE MANAGEMENT — 154 buildings, 691 units. Grades across the portfolio: A78 · B33 · C19 · D21 · F2. See the whole portfolio
showing 60 of 154 buildings
| Date | Record | Amount | Per res. unit |
|---|---|---|---|
| 2025-08-04 | Agreement $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | Agreement $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | AL&R $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | Agreement $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | Agreement $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | AL&R $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | AL&R $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | Agreement $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | Agreement $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | AL&R $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | Agreement $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | AL&R $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | AL&R $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | Agreement $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 | |
| 2025-08-04 | AL&R $8,400,000 — from 275 SOUTH INVESTOR, LLC; 275 SOUTH OWNER, LLC to PREFERRED BANK | $8,400,000 |
| Year | Construction | Enforcement | Housing & tenants | Ownership & money | Health & systems | Total |
|---|---|---|---|---|---|---|
| 2017 | 5 | 1 | 7 | 0 | 0 | 13 |
| 2018 | 3 | 10 | 27 | 0 | 1 | 41 |
| 2019 | 0 | 4 | 7 | 0 | 2 | 13 |
| 2020 | 0 | 0 | 38 | 78 | 0 | 116 |
| 2021 | 0 | 2 | 33 | 0 | 0 | 35 |
| 2022 | 1 | 4 | 26 | 0 | 1 | 32 |
| 2023 | 1 | 9 | 30 | 0 | 2 | 42 |
| 2024 | 0 | 2 | 34 | 0 | 1 | 37 |
| 2025 | 0 | 3 | 37 | 104 | 0 | 144 |
| 2026 | 1 | 2 | 44 | 0 | 0 | 47 |
Every one of the 1,214 recorded events, 2005–2026, is laid out year by year in the full report (print-ready).
Explore: ZIP 11211 · Landlord rankings · How grades work · The map · The Mice Map