The city's published records show little recorded distress here in the last three years. Less recorded distress than 81% 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 0.7.
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
No heat or hot-water complaints in the last three years.
No bedbug-infested units reported in the last three years of filings.
What 311 hears from this address
13 service requests in the last three years. Most common: Noise (4) · Smoking or Vaping (2) · Lead (2) · Dead/Dying Tree (1) · Air Quality (1) · Special Projects Inspection Team (SPIT) (1).
Filed construction activity
$66,800 in permitted construction work filed since
2016 (3 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
No
Built before 1974 (2014)
Yes
Six or more residential units (266)
No
421-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)
RIVERWALK 7, LLC
Head officer
CHRISTOPHER SCHMIDT
Managing agent
RELATED MANAGEMENT COMPANY, L.P.
Last registered
2025-08-20
as filed by the owner in the building's HPD registration
What the city thinks it's worth
Tax year
City market value
Assessed value
2025
$0
$0
2026
$13,002,315
$5,851,042
2027
$0
$0
Tax exemptions on the roll: ROOSEVELT ISLAND
For property tax, the Department of Finance values this condo
as if it were a rental building. Its 2023 estimate: gross income $11,931,378 a year
($52.84 per sq ft), operating expenses $4,294,754
($19.02 per sq ft), net operating income $7,636,624. These are the
city's estimates from comparable rentals, not the building's actual budget, rents or maintenance
charges.
Building systems
Heating fuel
NATURALGAS
Facade (Local Law 11)
SWARMP — "Safe With A Repair and Maintenance Program": known facade conditions that must be repaired (cycle 9)
Flood exposure
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.
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
Subway
Roosevelt Island — M · 750 ft straight-line (about a 4-minute walk) · station accessibility: full
Bus
Nearest boarding stop: Main St / Roosevelt Island Station — Q102 · 650 ft
Citi Bike
Roosevelt Island Tramway · 0.2 mi · station location as of 2026-09-23; live availability
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.
13 311 service requests from this address in the last three years.
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.
Mortgage $75,000,000 — from RIVERWALK 9, LLC; RIVERWALK 7, LLC to ROOSEVELT ISLAND OPERATING CORPORATION
2026-09-22
Mortgage assigned — from ROOSEVELT ISLAND OPERATING CORPORATION to WELLS FARGO BANK, NATIONAL ASSOCIATION
2026-08-14
Permit Suspended Scaffold — Signed-off
2026-08-14
Permit General Construction — Permit Issued
2026-08-14
Permit Suspended Scaffold — Permit Issued
2026-08-04
Permit Sidewalk Shed — Permit Issued
2026-08-04
Job filed: Application for the installation and use of suspended scaffold as per plans filed herein. No change in egress, use, or occupancy.
2026-08-03
Job filed: PROPOSED INSTALLATION OF HEAVY DUTY SIDEWALK SHED AS PER PLANS. LIVE LOAD 300 LBS PER SQUARE FEET. SIDEWALK SHED SHALL COMPLY WITH CHAPTER #33 OF THE
2026-07-13
Mortgage $185,000,000 — from RIVERWALK 9, LLC; RIVERWALK 7, LLC to ROOSEVELT ISLAND OPERATING CORPORATION
2026-07-13
Mortgage assigned — from ROOSEVELT ISLAND OPERATING CORPORATION to WELLS FARGO BANK, NATIONAL ASSOCIATION
2026-07-13
SAGE — from RIVERWALK 9, LLC; S.K.I. REALTY, INC. to WELLS FARGO BANK, NATIONAL ASSOCIATION
2026-07-13
SAGE — from ROOSEVELT ISLAND OPERATING CORPORATION to WELLS FARGO BANK, NATIONAL ASSOCIATION
2026-07-13
TL&R — from SUMITOMO MITSUI BANKING CORPORATION to RIVERWALK 7, LLC
2026-07-13
Mortgage satisfied — from RIVERWALK 7, LLC to SUMITOMO MITSUI BANKING CORPORATION
2026-07-12
311: Lead — Lead Kit Request (Residential) (L10)
2026-06-22
311: Noise - Street/Sidewalk — Loud Talking
2026-03-10
Job filed: Facade repairs as per plans; no change to use, egress, or occupancy.
2026-01-04
311: Lead — Lead Kit Request (Residential) (L10)
2025-12-22
Bedbug filing: 0 infested units
The full timeline
2026
2026-09-22Mortgage $75,000,000 — from RIVERWALK 9, LLC; RIVERWALK 7, LLC to ROOSEVELT ISLAND OPERATING CORPORATION$75,000,000
2026-09-22Mortgage assigned — from ROOSEVELT ISLAND OPERATING CORPORATION to WELLS FARGO BANK, NATIONAL ASSOCIATION
2026-08-14Permit Suspended Scaffold — Signed-off
2026-08-14Permit General Construction — Permit Issued
2026-08-04Job filed: Application for the installation and use of suspended scaffold as per plans filed herein. No change in egress, use, or occupancy.
2026-08-03Job filed: PROPOSED INSTALLATION OF HEAVY DUTY SIDEWALK SHED AS PER PLANS. LIVE LOAD 300 LBS PER SQUARE FEET. SIDEWALK SHED SHALL COMPLY WITH CHAPTER #33 OF THE $8,000
2026-07-13Mortgage $185,000,000 — from RIVERWALK 9, LLC; RIVERWALK 7, LLC to ROOSEVELT ISLAND OPERATING CORPORATION$185,000,000
2026-07-13Mortgage assigned — from ROOSEVELT ISLAND OPERATING CORPORATION to WELLS FARGO BANK, NATIONAL ASSOCIATION
2026-07-13SAGE — from RIVERWALK 9, LLC; S.K.I. REALTY, INC. to WELLS FARGO BANK, NATIONAL ASSOCIATION
2026-07-13SAGE — from ROOSEVELT ISLAND OPERATING CORPORATION to WELLS FARGO BANK, NATIONAL ASSOCIATION
2026-07-13TL&R — from SUMITOMO MITSUI BANKING CORPORATION to RIVERWALK 7, LLC
2026-07-13Mortgage satisfied — from RIVERWALK 7, LLC to SUMITOMO MITSUI BANKING CORPORATION
2026-07-12311: Lead — Lead Kit Request (Residential) (L10)
2025-04-26311: Noise — Noise: Construction Before/After Hours (NM1)
2025-04-25HPD class B: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT SOUTH AND WEST WALLS IN THE 2nd ROOM FR
2025-04-25HPD class B: § 27-2005 ADM CODE REPAIR THE BROKEN OR DEFECTIVE PLASTERED SURFACES AND PAINT IN A UNIFORM COLOR AT EAST AND WEST WALLS IN THE KITCHEN LOCA
2025-04-25HPD class C: § 27-2070 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF GAS TO THE FIXTURES AT GAS RANGE IN THE KITCHEN LOCATED AT APT 16A, 16th STORY, APARTMENT A
2025-03-08311: Smoking or Vaping — Allowed in Smoke Free Area
2025-03-06311: Smoking or Vaping — Allowed in Smoke Free Area
2020-06-28311: NonCompliance with Phased Reopening — Business not allowed to be open
2020-04-16311: Noise — Noise: Construction Equipment (NC1)
2020-04-15311: COVID-19 Non-essential Construction — Construction
2020-04-15311: Noise — Noise: Construction Before/After Hours (NM1)
2020-04-14311: COVID-19 Non-essential Construction — Construction
2020-04-10311: Noise — Noise: Construction Before/After Hours (NM1)
2020-04-08311: Noise — Noise: Construction Before/After Hours (NM1)
2020-04-07311: Noise — Noise: Construction Before/After Hours (NM1)
2020-01-02Bedbug filing: 0 infested units
2019
2019-10-30Job filed: INSTALLATION OF STARRY SITE. INSTALLING (2) ANTENNA SECTORS (6 ANTENNAS TOTAL), (3) MICROWAVE DISHES AND RELATED EQUIPMENT ON THE ROOF AND CONDUITS RU$23,000
2019-09-07311: For Hire Vehicle Complaint — Driver Complaint - Passenger
2019-08-14Elevator permit: Modification to the existing controller to install door position monitoring system (DPM) (Software only) as per requirements of AS$45,000
2019-02-02311: Noise — Noise: Construction Before/After Hours (NM1)
2019-02-02311: Noise — Noise: Construction Before/After Hours (NM1)
2019-02-02311: Noise — Noise: Construction Before/After Hours (NM1)
2019-01-11Bedbug filing: 0 infested units
2018
2018-12-03FDNY inspection (RISK)
2018-10-26HPD class I: §27-2107 ADM CODE OWNER FAILED TO FILE A VALID REGISTRATION STATEMENT WITH THE DEPARTMENT AS REQUIRED BY ADM CODE §27-2097 AND IS THEREFORE
2018-09-03311: Damaged Tree — Branch or Limb Has Fallen Down
2018-07-19311: For Hire Vehicle Complaint — Driver Complaint
2018-05-21311: Taxi Complaint — Insurance Information Requested
2018-05-07FDNY inspection (RISK)
2017
2017-10-18311: Animal Abuse — Neglected
2016
2016-10-26PREL — from MUFG UNION BANK, N.A.
2016-10-26PREL — from MUFG UNION BANK, N.A. to RIVERWALK 7, LLC
2016-10-26Deed $23,296,741 — from RIVERWALK 7, LLC to S.K.I. REALTY, INC.$23,296,741
2016-10-26SUBM — from MUFG UNION BANK, N.A. to RIVERWALK 7, LLC
2016-10-26PREL — from MUFG UNION BANK, N.A. to RIVERWALK 7, LLC
2016-10-26SUBM — from MUFG UNION BANK, N.A. to RIVERWALK 7, LLC
2016-10-21Sold for $23,296,741$23,296,741
2016-10-14Tenant complaint: GENERAL — COOKING GAS
2016-10-14Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2016-10-11Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2016-10-11Tenant complaint: HEAT/HOT WATER — ENTIRE BUILDING
2016-10-06HPD class C: § 27-2070 ADM CODE PROVIDE AN ADEQUATE SUPPLY OF GAS TO THE FIXTURES AT RANGE IN THE KITCHEN LOCATED AT APT 1E, 1st STORY, 2nd APARTMENT FRO
2016-10-05Tenant complaint: HEAT/HOT WATER — APARTMENT ONLY
2016-03-31Mortgage $10,722,222 — from RIVERWALK 7, LLC to ROOSEVELT ISLAND OPERATING CORPORATION$10,722,222
2016-03-31Mortgage assigned — from ROOSEVELT ISLAND OPERATING CORPORATION to MUFG UNION BANK, N.A.
2016-03-31Agreement $38,702,819 — from MUFG UNION BANK, N.A. to RIVERWALK 7, LLC$38,702,819
2016-03-31Mortgage $10,722,222 — from RIVERWALK 7, LLC to ROOSEVELT ISLAND OPERATING CORPORATION$10,722,222
2016-03-31Mortgage assigned — from ROOSEVELT ISLAND OPERATING CORPORATION to MUFG UNION BANK, N.A.
2016-03-31Agreement $38,702,819 — from MUFG UNION BANK, N.A. to RIVERWALK 7, LLC$38,702,819
2015
2015-08-20Rodent inspection: Passed
2015-08-11CDEC — from THE RIVERWALK 7 CONDOMINIUM
2015-08-11MAPS — from THE RIVERWALK 7 CONDOMINIUM
2015-08-11CDEC — from THE RIVERWALK 7 CONDOMINIUM
2015-08-11MAPS — from THE RIVERWALK 7 CONDOMINIUM
2014
2014-10-06311: Construction Safety Enforcement — Best - High-Rise Tracking Complaint