40 West 59 Street

Manhattan, NY

BBL 1-01274-0006BIN 1080443Plain-text version

Concern level2 of 4

Moderate

011 eviction executed in the last 3 years
021 OATH/ECB fine lost by default (unpaid)

How this is set: open hazardous violations measured against the building's size, then raised by strong distress signals — HPD's enforcement program, court harassment findings, recent evictions, unpaid OATH/ECB fines, open housing-court cases, and a sold tax lien. Neighborhood noise and crime are not part of it. It describes the public record, not the condition of any one apartment, and a quiet record is not proof of a good building.

Rent regulation

Likely rent-stabilized

The owner registered 20 stabilized units with New York State for 2023 — of about 316 apartments.

2018 — 20 units registered2023 — 20

No public data says which specific apartment is stabilized.

Registration counts apply to the building, not to unit numbers. To confirm your own apartment, request your rent history from New York State Homes and Community Renewal — it is free and takes a few weeks.

How to request your rent history →

Rent regulation

The building

1948

Built

Floors

316

Residential units

Elevator apartments

Type

Energy-efficiency grade

Grade D — least efficient

ENERGY STAR score 15 of 100

Posted at the entrance of buildings over 25,000 sq ft (Local Law 33). It rates energy efficiency — a proxy for comfort and utility cost — not the landlord's upkeep.

The building

This building and the landlord's others

This building

HPD housing-maintenance violations

Open now

On record

Open Class C

Open Class B

Open Class A

Class C is immediately hazardous, Class B is hazardous, Class A is non-hazardous. A violation stays open until HPD certifies the repair, so some open items may already be fixed. This tax lot has 2 buildings; these counts are for this building only.

No open HPD violations.

HPD housing-maintenance violations

311 complaints from tenants

All time

Last 12 months

Paint/Plaster8

Door/Window1

Flooring/Stairs1

General1

Plumbing1

Unsanitary Condition1

PlumbingSteam Pipe/Riser2025-02-06 · closed

Paint/PlasterWall2025-02-06 · closed

Paint/PlasterCeiling2025-02-06 · closed

Complaints record what a tenant reported, not a finding by the city. "Closed" often means the inspector could not gain access.

311 complaints from tenants

Neighborhood noise

About averagevs. NYC apartment blocks

296

Noise reports · last 12 mo

≈ per month

% from neighbors

Street/Sidewalk97

Unspecified93

Commercial48

Residential34

Vehicle17

Helicopter4

Park3

311 noise complaints within about 1,000 ft (a few blocks) in the last year. Most reports here are about outdoor noise (mostly street/sidewalk) — street life and traffic more than neighbors. This counts how often people call 311, which tracks how densely populated and busy an area is as much as how loud it is — it is not a sound measurement.

Neighborhood noise

Neighborhood crime

Higher than averagevs. NYC apartment blocks

304

NYPD reports · last 12 mo

≈ per month

Felony138

Misdemeanor141

Violation25

NYPD complaints reported within about 1,000 ft (a few blocks) in the last year, by severity. This reflects what gets reported and where police are active as much as actual safety, and busier, denser, higher-foot-traffic blocks log more. Locations are approximate — the NYPD shifts each report to the nearest corner for privacy — so read this as rough context, not a safety score.

Neighborhood crime

Bedbug history

No bedbugs reported

The owner filed 22 annual bedbug reports and reported no infested units. Filing with zero infestations is the compliant, reassuring case.

Bedbug history

DOB building violations

Active

On record

Active, last 3 yrs

Violations issued by the Department of Buildings that the owner must correct. Most don't carry a fine on their own; summonses that go to a hearing and can be fined are listed separately under OATH/ECB.

No active DOB violations.

DOB building violations

OATH/ECB violations and fines

$3,125

Balance due (active)

Active violations

Lost by default

These are separate from DOB violations. They are summonses written by DOB inspectors and decided at a hearing before OATH, the city's administrative court (formerly the Environmental Control Board), and they can carry a fine. "Lost by default" means the owner never appeared at the hearing. An unpaid balance is a stronger "ignoring the city" signal than a raw violation count.

DEFAULTBoilersClass 22025-07-01$3,125 due

OATH/ECB violations and fines

Evictions

Executed, all time

Last 3 years

2025-11-10—commercial

2017-08-08Apt 2Aresidential

Executed by a city marshal. An eviction can be lawful; a high or rising count is a displacement signal, not proof of wrongdoing.

Evictions

Housing court: repair & harassment cases

Cases on record

Open now

Tenant-brought

Harassment found

With a judgment

Most cases are tenants taking the owner to court to force repairs. A case is not proof of wrongdoing; a harassment finding or judgment is a court ruling against the owner.

CLOSEDOpened 2006-02-06

Tenant action

CLOSEDOpened 2005-12-07

Tenant action

CLOSEDOpened 2005-12-01

Tenant action

These are cases HPD is a party to, mostly tenants suing to force repairs or stop harassment. Eviction cases landlords file against tenants are not in the city's open data, so they don't appear here; the Evictions section shows only evictions a marshal carried out.

Housing court

Landlord and related buildings

Registered owner

40 CPS ASSOCIATES LLC

Head officer

Kate Hemmerdinger

Managing agent

ATCO PROPERTIES & MANAGEMENT INC

No other buildings found sharing this building's registered contact.

Landlord and related buildings

Ownership & money

Recorded sales

Mortgages / refinances

Last recorded sale2014-12-03 · no recorded price

Most recent mortgage2014-12-03 · $16,700,000

Sale2014-12-03no recorded price

40 CPS ASSOCIATES LLC → SYMPHONY CP (PARK LANE) OWNER LLC

Mortgage2014-12-03$16,700,000

borrower 58TH & FIFTH OWNER LLC, SYMPHONY CP (PARK LANE) OWNER LLC · lender WELLS FARGO BANK, NATIONAL ASSOCIATION

Mortgage2013-04-11$13,000,000

borrower 40 CPS ASSOCIATES LLC · lender MASSACHUSETTS MUTUAL LIFE INSRUANCE COMPANY

Sale2007-01-12no recorded price

FORTY CENTRAL PARK SOUTH, INC → 40 CPS ASSOCIATES LLC

Mortgage2006-08-22$15,000,000

borrower FORTY CENTRAL PARK SOUTH, INC. · lender WELLS FARGO BANK, NATIONAL ASSOCIATION

From ACRIS recorded documents. Amounts are often $0 or nominal for transfers between related parties, and LLCs can obscure who is really involved — treat this as public-record context, not a valuation.

Ownership & money

City debt & tax-lien sale

Not on the city's tax-lien sale list (2019–2025). The owner has not fallen far enough behind on property tax or water charges to be flagged for a lien sale.

City debt & tax-lien sale