160 Water Street, Manhattan, NY 10038
The 25-story commercial building at 160 Water Street in the Financial District, owned by Frank Scaffa, has experienced several recurring infrastructure issues over the past few years. Most notably, there have been three significant heating and power-related incidents between 2022 and 2025, including a recent power outage in April 2025 and heating problems in December 2024, for which the Housing Preservation and Development (HPD) department was unable to conduct necessary inspections due to access issues.
The building has also faced multiple construction compliance challenges, particularly in mid-2024, with four construction safety compliance violations recorded on July 8, 2024, resulting in Oath Violations being served. Additionally, there are several active violations related to energy efficiency reporting requirements from 2021 to 2024, indicating ongoing compliance issues with energy efficiency documentation. The Department of Buildings has conducted multiple inspections in response to various complaints, including a building shaking/vibration complaint in January 2025 and a certificate of occupancy-related complaint in October 2024, though no violations were warranted in either case.
The building's maintenance history shows attention to various issues, with several violations being dismissed after correction, including multiple immediately hazardous ECB violations from October 2023. Notably, the building has maintained a clean record regarding bedbug infestations, with no reported cases in the most recent two reporting periods (2023-2024 and 2022-2023). While the property has experienced recurring issues with heat/hot water and electrical systems, along with construction safety compliance matters, many complaints have been resolved through inspections or dismissals, though the inability to gain access for inspections during certain incidents raises concerns about identifying and resolving ongoing maintenance issues.
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Building Characteristics
Total units | 588 |
---|---|
Year built | 1972 |
Total area | 525000 sq ft |
Floors | 25 |
Tax Abatements | None |
Building Class | COMMERCIAL ALTERED CLASS A |

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Key Building Statistics
Included Addresses
- 2 Fletcher St, New York, NY 10038
- 4 Fletcher St, New York, NY 10038
- 6 Fletcher St, New York, NY 10038
- 8 Fletcher St, New York, NY 10038
- 214 Pearl St, New York, NY 10038
- 216 Pearl St, New York, NY 10038
- 218 Pearl St, New York, NY 10038
- 160 Water St, New York, NY 10038
- 162 Water St, New York, NY 10038
- 164 Water St, New York, NY 10038
- 166 Water St, New York, NY 10038
- 168 Water St, New York, NY 10038
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