NYC Buildings
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Manhattan
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All Downtown
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Lower East Side
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550 Grand Street
Lower East Side

550 Grand Street,
Manhattan, NY 10002

276 Units

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Built in 1949

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13 Floors

3.8(3)
Rent Stabilized Units: Unknown
Evictions: 0
Litigation History: No
1 Year Bedbug History: No
Pet Friendly: Unknown
Building Overview
Building Report
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    Renters Recommendations

    -- of renters recommend this building

    -- of renters approve of this owner
    Review Summary for 550 Grand Street
    Summarized from anonymous rental reviews on openigloo.
    Reviews for 550 Grand Street emphasize its family-friendly environment, quiet streets, and convenient bus access to local amenities. Maintenance is generally responsive, and pest control services are included. Neighbors are described as mostly pleasant, and water pressure and heating perform well. However, concerns include inconsistent garbage management, reduced security, occasionally unattractive lobbies, and elevator delays during Sabbath mode. Some tenants criticize high rent increases, management style, and board decisions, suggesting possible conversion from co-op to condo. Despite some issues, many recommend the building for its location and community, with calls for improved security and maintenance responsiveness.

    Reviews (3)

    Over 3 years ago
    Great For Families
    Former Tenant
    Pros:
    Private playground
    Nice neighbors
    Maintenance is fast
    If you have a pest issue then you can schedule the exterminator (it’s included in your maintenance fees)
    Quiet, rarely any disturbance
    Quiet streets
    M14 & M21 make it convenient to get around. M14 takes you to and from Trader Joe’s / Target which is nice and close!
    Cons:
    Garbage disposal
    Management won’t increase security back to the way it used to be (24/7)
    Not every lobby is nice looking
    Elevators go on sabbath mode every Friday to Saturday which can take forever for getting to where you need to go
    Location, while nice and quiet, is really far out there. You need to take the buses inland to get close to anything.
    Advice to owner:
    More security! Take care of the garbage!
    Over 3 years ago
    Epic coops need to reconstitute as condominiums.
    Former Tenant
    Pros:
    The Lower East Side is one of NYC's treasures: historic, warm & friendly, safe, and well-situated. Neighborhood is blessed with great shuls, shopping, cultural institutions (cinema, theater, dance, and live music) and parks (although the City has elected to destroy East River Park) .
    Cons:
    The Coop Board does not run these buildings well: laundry rooms inoperable for years, management team micro-manages tenants lives, some bigotry against the indigenous Jewish community.
    Advice to owner:
    Need to reconstitute the coop as a condo as soon as possible. Also need a new mayor: Eric Adams is already as bad as DeBlasio (who was worst mayor in NYC's long and storied history).

    Building Ratings

    Cleanliness
    Garbage Management
    Heat
    Neighbors
    Noise Levels
    Owner Responsiveness
    Pest Control
    Water Pressure

    Rents and Deposits

    -- of renters received their security deposits back
    It dummy text been reported if this building dummy electronic rent payments.
    Open Violations
    Only open violations from the last 10 years.
    Data last updated 5 days ago.
    The average number of violations per unit at 550 Grand Street is better than the city.
    BUILDING AVERAGE:
    0.01 violations per unit
    NEW YORK CITY AVERAGE:
    0.81 violation per unit
    flag
    Non-hazardous
    0
    class A
    i.e. no peephole on a door, or no street # on the building, unlawful keeping of animals
    MOST RECENT:
    No violation found...
    Show all
    flag
    Hazardous
    3
    class B
    i.e. smoke detector issues, inadequate lighting, no lighting for stairways
    MOST RECENT:
    Sep 14, 2024: § 27-2005 adm code repair the broken or defective plastered surfaces and paint in a uniform color at south wall in the 1st room from east at north located at apt 1f, 2nd story, 1st apartment from south at west , section ''g''
    Show all
    flag
    Immediately hazardous
    1
    class C
    i.e. rodents, pest, mold, inadequate heat or hot water, defective building parts
    MOST RECENT:
    Sep 14, 2024: § 27-2005, 27-2007, 27-2041.1 hmc, §238, § 309; § 107 (2) ( c) mdl and 28 rcny §25-171: replace or repair the self-closing doors that is missing or defective hinges at door in the entrance located at apt 1f, 2nd story, 1st apartment from south at west , section ''g''
    Show all
    flag
    Missing information/filings
    0
    class I
    Missing or non-compliant with administrative information orders or filings
    MOST RECENT:
    No violation found...
    Show all
    Property Owners and Associates
    C
    Christopher Alker
    3.9(5)
    Officer•
    3 Properties•802 Units
    Litigation History: No
    Evictions: 0
    A
    Akam Associates, Inc
    4.1(221)
    Corporate Owner•
    366 Properties•35196 Units
    Litigation History: Yes
    Evictions: 113
    H
    Hillman Housing Corp
    3.9(5)
    Corporate Owner•
    3 Properties•802 Units
    Litigation History: No
    Evictions: 0
    J
    Jaime Cohen
    3.8(3)
    Agent•
    1 Property•276 Units
    Litigation History: No
    Evictions: 0

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