Financial District, Manhattan: building violations, landlords and rent stabilization

Financial District, Manhattan, has 231 graded residential buildings with 3 or more units, as of Oct 26, 2026. By grade: 129 A, 52 B, 22 C, 21 D and 7 F. The median building has 0 open HPD violations per 10 units, against 2 across Manhattan. 3,937 of its 36,436 residential units (11%) are rent-stabilized on the latest Department of Finance tax bills on file. The most common housing complaints to 311 in the last 12 months were heat and hot water (304), unsanitary condition (129), and plumbing (88).

Financial District by the numbers

265 residential buildings (36,436 units) on record. 1,279 open HPD violations (277 class C, immediately hazardous). 646 housing complaints to 311 in the last 12 months, 147 executed evictions in 3 years, 104 reported bedbug infestations in 3 years. 53 buildings have rent-stabilized units on their tax bills.

Worst five in Financial District

Most open HPD violations per 10 units. Graded rental buildings with 6 or more units; co-ops, condos and NYCHA are left out. Only buildings with an HPD violation issued in the last 24 months or a 311 housing complaint in the last 12 are listed.

  1. 20 Beaver Street: 35 open violations per 10 units (21 open, 6 units), grade D, owner: Beaver Street Commons LLC
  2. 72 Nassau Street: 19 open violations per 10 units (19 open, 10 units), grade C, owner: GALB REALTY ASSOCIATES LLC
  3. 136 William Street: 18 open violations per 10 units (18 open, 10 units), grade F, owner: 136 WILLIAM LLC
  4. 76 Pearl Street: 15 open violations per 10 units (9 open, 6 units), grade B, owner: PEARL ST HOLDING, LLC
  5. 14 Maiden Lane: 11.1 open violations per 10 units (10 open, 9 units), grade B, owner: DIAMOND LANE LLC

Best five in Financial District

Fewest open HPD violations per 10 units, then highest score and most units. The same rule as the worst five, recently active buildings only. Best buildings citywide.

  1. 110 John Street: 0 open violations per 10 units (0 open, 250 units), grade A, owner: 102 -110 JOHN MAZAL LLC
  2. 39 Whitehall Street: 0 open violations per 10 units (0 open, 97 units), grade A, owner: NEW YORK PLAZA RESIDENTIAL LLC
  3. 115 South Street: 0 open violations per 10 units (0 open, 7 units), grade A, owner: 115 SOUTH STREET LLC
  4. 265 Water Street: 0 open violations per 10 units (0 open, 7 units), grade A, owner: 265-267 WATER STREET CORP
  5. 41-53 Fulton Street: 0 open violations per 10 units (0 open, 251 units), grade A, owner: ST. MARGARET'S HOUSE HOUSING DEVELOPMENT FUND CORP (City program owner (HDFC))

Largest landlords in Financial District

By units in Financial District, among portfolios of 3 or more buildings and 50 or more units citywide. Names are as filed on HPD registrations. How totals are counted. Report an error.

  1. ABRAHAM J HOFFMAN (head officer on HPD registrations): 1,418 units in 1 building
  2. THOMAS W TOOMEY (head officer on HPD registrations): 996 units in 2 buildings
  3. Thomas Cyganovich (head officer on HPD registrations): 975 units in 3 buildings
  4. JOSEPH FLANAGAN (head officer on HPD registrations): 916 units in 2 buildings
  5. STEPHANIE A SARPONG-APPIAh (head officer on HPD registrations): 899 units in 1 building

Nearby neighborhoods

Sources: NYC HPD housing maintenance code violations, HPD property registrations and housing litigation, 311 service requests, DOB violations, NYC Marshals evictions, and HPD bedbug filings from NYC Open Data, plus rent-stabilized unit counts from NYC Department of Finance tax bills. How grades work.