Also registered as: Innovative Property Management And Dev. INC., Innovative Property Management And Development INC
Registered managing agent · 18 graded buildings · data of 2026-10-16
One of the most distressed large portfolios in New York City. Ranked #28 of 764 New York City management portfolios by recorded distress per unit — 213.9 penalty points per 10 units over three years (how grades work). See the full rankings
A1 B5 C6 D5 F1
6% of this portfolio's graded buildings hold an A; 33% grade D or F. Across all 18 buildings the city currently records 1,378 open HPD violations, 283 of them immediately hazardous, and tenants called 311 about heat or hot water 429 times in the last three years.
| Building | Borough | Units | Grade | Penalty rate |
|---|---|---|---|---|
| 426 East 162 Street | Bronx 10451 | 8 | F | 1,103 |
| 918 Freeman Street | Bronx 10459 | 10 | D | 853 |
| 932 East 172 Street | Bronx 10460 | 10 | D | 562 |
| 1300 Hoe Avenue | Bronx 10459 | 21 | D | 539 |
| 4031 Park Avenue | Bronx 10457 | 10 | D | 374 |
| 1138 Washington Avenue | Bronx 10456 | 51 | D | 344 |
| 493 East 166 Street | Bronx 10456 | 10 | C | 304 |
| 851 East 169 Street | Bronx 10459 | 11 | C | 290 |
| 1291 Hoe Avenue | Bronx 10459 | 26 | C | 289 |
| 1272 Boston Road | Bronx 10456 | 13 | C | 187 |
| 1200 University Avenue | Bronx 10452 | 54 | C | 186 |
| 1386 Prospect Avenue | Bronx 10459 | 10 | C | 140 |
| 762 East 168 Street | Bronx 10456 | 17 | B | 121 |
| 1288 Hoe Avenue | Bronx 10459 | 20 | B | 121 |
| 1418 Clinton Avenue | Bronx 10456 | 10 | B | 69 |
| 1439 Prospect Avenue | Bronx 10456 | 20 | B | 64 |
| 545 East 166th Street | Bronx 10456 | 41 | B | 46 |
| 441 East 155 Street | Bronx 10455 | 97 | A | 24 |
click any building for its full public record · penalty rate = severity-weighted city records per 10 units over three years
798 Westchester 10455
Different registered agents that file from one office; they may or may not be related.
Buildings are attributed to this portfolio by the registered managing agent named in their HPD registrations — the entity responsible for day-to-day operations. Ownership LLCs are listed on each building's own page. Every figure is computed mechanically from records published by the City of New York and recomputed weekly, so a portfolio that fixes its buildings improves here. Corrections: support@mice.nyc.