54 Franklin Street, Manhattan, NY 10013
54 Franklin Street is a 6-story, 9-unit mixed-use building constructed in 1892 in Chinatown, currently owned by Andrew Palermo. The building has experienced several significant issues in recent years, most notably with heating water systems, as evidenced by a January 2025 complaint that required HPD intervention. There are multiple active Local Law 188/17 Compliance Inspections as of August 2024, with previous inspection attempts in September 2024 resulting in "Inspector Unable To Gain Access" notations.
The building underwent substantial renovation work in 2021, which led to several violations including failure to conduct final inspections, unpermitted electrical work, and improper tenant protection plan notifications, resulting in penalties totaling $4,740, all of which have been resolved. Historical incidents include a dangerous structural situation in 2019 when the building's vault framing and entrance collapsed, requiring emergency repairs. The building has maintained a good record regarding pest management, with yearly bedbug reports since 2019 showing zero infestation cases.
Rodent inspections from 2012-2018 show intermittent issues with rat activity, particularly in 2014, though more recent inspections have passed. All Local Law 1 compliance inspections from September 2023 were found to have no violations, and multiple housing maintenance code complaints regarding heat and hot water issues have been closed with no outstanding infractions. The most recent building violations as of 2023 remain active, with disposition details currently unavailable. Overall, while the building has experienced periodic heating system issues and some regulatory compliance challenges, it has generally maintained its structural integrity since the 2019 emergency repairs and has a consistently clean pest control record.
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Building Characteristics
Total units | 9 |
---|---|
Year built | 1892 |
Total area | 29575 sq ft |
Floors | 6 |
Tax Abatements | None |
Building Class | HEREAFTER CONVERTED CLASS A |

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