240 Park Avenue South, Manhattan, NY 10003

240 Park Avenue South is a 17-story, 48-unit Class A residential building located in Gramercy, constructed in 2007 and currently owned by Frank Scardigno. The building has experienced several maintenance and safety concerns in recent years, most notably in July 2024 when multiple emergency complaints were filed regarding carbon monoxide and smoke detectors, which were subsequently resolved.

Additional issues were reported in that same period, including problems with mold, pests, ventilation systems, flooring, and cabinetry, though no violations were issued following inspections by the Department of Housing Preservation and Development (HPD). The building is currently facing an active violation related to exterior facade maintenance from June 2024, involving peeling paint and rust on the west elevation, for which a $1,250 penalty has been imposed.

The property has a history of compliance issues with the Facade Inspection Safety Program (FISP), as evidenced by multiple failure to file penalties from 2018-2023, with the most recent violation from February 2023 still marked as active. While there have been various complaints over the years, including a 2021 indoor air quality issue with the Department of Health and Mental Hygiene that remains in progress, the building has consistently passed rodent inspections from 2010 through 2014, and there have been no recorded bedbug infestations since at least 2019. The property is generally up to date on its bedbug reporting requirements, showing zero cases of infestation or re-infestation in all past reporting periods.