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Persepolis Development, Llc

Corporate Owner·2 buildings·39 units
4.0

7 reviews

Highlights

No
Evictions
No
Litigation cases

About Persepolis Development, Llc

Persepolis Development, Llc is a mixed-profile corporate owner. Across their buildings, tenants rate them 4.0/5 across 7 reviews, with 86% recommending their buildings and 86% approving of them as an owner or associate. Their portfolio records 0 evictions, 16 open violations, and 0 litigation cases. Data last updated September 9, 2026. Persepolis Development, LLC is a corporate owner associated with 2 buildings and 39 units across Greenwich Village and Murray Hill in Manhattan. The portfolio is concentrated in Greenwich Village in Manhattan. The buildings were built primarily in 1900 and are primarily mid-rise. None of the associated buildings have rent-stabilized apartments. Individual building ratings, tenant reviews, and public records are on the associated building pages.

Renter recommendations

-%

Renters recommend associated buildings

-%

Renters approve of this owner or associate

Review summary

Summarized from anonymous rental reviews on Openigloo.

Recent reviews of buildings managed by PERSEPOLIS DEVELOPMENT, LLC reveal a mixed management experience. Tenants praise the responsiveness and helpfulness of superintendents and management, noting good location and spacious units. However, recurring issues include pest infestations, inconsistent cleanliness, especially in basements and garbage areas, and occasional heating outages or temperature control problems. Noise levels vary depending on the unit and neighbors, with some complaints about disruptive residents and street noise. While some buildings lack amenities and show signs of aging infrastructure, tenants appreciate timely owner responses and ongoing pest control efforts. Overall, management is attentive but could improve maintenance and cleanliness standards.

Reviews

Former tenant·4 minutes ago

Renter beware! Heat & water outages, roaches, not clean!

Pros

Lots of space in unit. Lofts (sleeping, no standing) lofts in living room and bedroom + plus more storage above bathroom. High ceilings and cool architecture. Elevator, trash/recycling/compost, & laundry in basement. Trash (very small) chutes on each floor. Monthly pest control (first Friday of each month). Tenant only pays wifi & electric. Water & gas included in rent. Heat is steam radiators. Rey (the super) is great. Very responsive and easy to work with.

Cons

Roaches!! So many, especially in the summer. The basement was full of them in the trash & compost bins. Laundry is 2 washers & 2 dryers (paid per load) that are in ok condition. Other tenants do not clean up after themselves when using the facilities. Some tenants also leave their trash in the hallway instead of taking it to the basement or down the chutes. Lots of noise from the street if street-facing from people, cars (honking, revving), and emergency vehicles. There is also ongoing construction on 12th street that sometimes causes not just noise but very strong chemical smells from the road paving. I had repeated heat outages ( from boiler failure in the basement. In my 14 month residency, I had 10 heat outages lasting at least 6 hours each. There are clearly infrastructure problems that either the owner or management are refusing to address.

Advice to the owners

Perform regular maintenance and repairs on building infrastructure to actually meet the “luxury” advertisement.

Former tenant·32 minutes ago

Lovely little place - would reccomend

Pros

Amazing neighbors, the super is so kind and helpful. He keeps the building going efficiently and safe. Laundry in basement is fine. Corner bodega is great. Never any issues with pest, electric, etc.

Cons

Crazy guy on the first floor would scream in the night...

Advice to the owners

Ubaldo is amazing! Kick out the guy in 1B

Buildings associated with PERSEPOLIS DEVELOPMENT, LLC

  • 40 East 12 Street
    Good cause

    40 East 12 Street

    3.8(5)

    Greenwich Village

  • 146 East   39 Street
    Good cause

    146 East 39 Street

    4.2(2)

    Murray Hill

40 East 12 Street
Good cause

40 East 12 Street

3.8(5)

Greenwich Village

146 East   39 Street
Good cause

146 East 39 Street

4.2(2)

Murray Hill

Building ratings

Cleanliness

-

Trash management

-

Pest control

-

Water pressure

-

Heat

-

Neighbors

-

Noise levels

-

Owner responsiveness

-

Cleanliness

-

Trash management

-

Pest control

-

Water pressure

-

Heat

-

Neighbors

-

Noise levels

-

Owner responsiveness

-

Rents and deposits

-

Renters received their security deposits back

-

Electronic rent payments

Open violations

From past 10 years · Updated 5 days ago

Average violations per unit for this owner or associate is better than the city average.

Owner average0.41Violations per unit
NYC average0.81Violations per unit
12Class C
Immediately hazardous

Rodents, pest, mold, inadequate heat or hot water, defective building parts

4Class B
Hazardous

Smoke detector issues, inadequate lighting, no lighting for stairways

0Class A
Non-hazardous

No peephole on a door, no street number on the building, unlawful keeping of animals

0Class I
Missing info

Missing or non-compliant with administrative information orders or filings

FAQs

Persepolis Development, LLC has an average tenant rating of 4.0 out of 5 across 7 reviews.

Buildings managed by Persepolis Development, LLC average 0.41 open violations per unit, fewer than the citywide average of 0.81.

86% of tenants who reviewed buildings managed by Persepolis Development, LLC would recommend living there.

Persepolis Development, LLC has no housing court litigation cases across their portfolio.

86% of tenants who reviewed a building managed by Persepolis Development, LLC approve of how it is run.

Persepolis Development, LLC has no recorded evictions across their portfolio.

Persepolis Development, LLC has not appeared on the NYC worst landlords list.

Persepolis Development, LLC owns or manages 2 buildings totalling 39 units.

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Persepolis Development, Llc

Corporate Owner·2 buildings·39 units
4.0

7 reviews

Follow us

For renters

Apartments for rent in NYCRenting tips and resourcesVerified apartment listings in NYCBuildings and owners in NYCOwners in NYCNYC market analysis reports

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Trending neighborhoods

Apartments in AstoriaApartments in Bedford-StuyvesantApartments in BushwickApartments in ChelseaApartments in Financial DistrictApartments in SohoApartments in Upper East SideApartments in Upper West SideApartments in West VillageApartments in Williamsburg

NYC boroughs

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2-bedroom apartments

2-bedroom apartments in Bronx2-bedroom apartments in Brooklyn2-bedroom apartments in Manhattan2-bedroom apartments in Queens2-bedroom apartments in Staten Island

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© 2026 Openigloo Inc. All rights reserved.