500 2nd Avenue, Manhattan, NY 10016

500 2nd Avenue is a 27-story, 894-unit residential building located in Kips Bay, constructed in 1975 and currently owned by Steven Gregware. The building has experienced several notable issues in recent years, particularly in 2024-2025, with multiple complaints and violations related to building systems and habitability concerns.

The most pressing recent issues include a pest infestation complaint in June 2025 that could not be inspected by HPD, and multiple heat and hot water complaints in early 2025 that were also not accessible for inspection. The building has documented problems with mold, indoor air quality, and standing water, with multiple complaints about heat and hot water systems throughout 2024-2025. Apartment 5B has been the subject of specific violations as of October 2024, including issues with mold, floor damage, and excessive storage, though many of these were certified as corrected in early 2025.

The building underwent facade restoration work in 2023-2024 by Niche Waterproofing LLC, during which multiple safety violations were recorded, including unsafe ladder use, improper scaffold installation, and equipment safety issues, resulting in significant penalties totaling over $25,000. The property has maintained a relatively clean record for bed bugs, with only sporadic reports of eradicated units between 2022-2024, and has consistently passed rodent inspections from 2016 through 2025. While there have been numerous service requests and some violations related to building maintenance, such as plumbing and heating systems, many of these have been resolved or certified as corrected through proper inspections and repairs.