75
GoodAsset Health Score

711 EAST 214 STREET

711 EAST 214 STREET's Energy & Future-Proofing score is 50/100 — room to improve

The Bronx61 UnitsBuilt 2024D1BBL 2046620026

Summary

Overall score: 75/100. Energy & Future-Proofing is the area to watch.

Overall score of 75, above the peer median of 70. This recently converted building is in its early operational baseline stage. The strongest pillar is Asset Stability (99), while Energy & Future-Proofing (50) presents the weakest performance relative to peers. The building exhibits a generally stable profile with notable opportunities for improvement in forward-looking efficiency metrics.

Category Scores

Safety & Legal69

Peer Median: 75

Energy & Future-Proofing50

Peer Median: 65

Management & Comfort90

Peer Median: 65

Asset Stability99

Peer Median: 70

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Regulatory Risk Forecast

What Owners and Board Members Need to Know

High Risk

Scaffold Law (Labor Law 240)

Absolute liability for gravity injuries — applies to routine tasks like painting or window cleaning.

Moderate

Local Law 97 (Emissions)

Carbon caps now active. Fines compound annually with increasingly strict limits through 2050.

Low Risk

Litigation Exposure

13 cases on record for this building.

New York's "Scaffold Law" imposes absolute liability on boards for gravity-related injuries, regardless of fault. It applies to even minor tasks like painting, window cleaning, or exterior repairs using a simple ladder. For unit owners, a vendor's small fall can trigger multi-million dollar judgments exceeding building insurance, directly jeopardizing the personal equity of every neighbor in the building.

Local Law 97 mandates strict carbon limits for large buildings, converting energy usage into a punitive liability. As of January 2024, the law is active, with emissions caps that become increasingly stringent every five years until reaching a net-zero mandate by 2050. For residents, this manifests as recurring maintenance increases or special assessments, while a building's "carbon grade" now directly impacts resale value and buyer interest.

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Under the Scaffold Law's absolute liability standard, building owners are responsible for gravity-related injuries regardless of fault or precautions taken. Claims frequently exceed $1 million per incident. (Source: Willis Towers Watson, 2023) Without contractor insurance documentation on file, the building — and by extension, individual unit owners — bears the full financial exposure. Combined with LL97 penalties that compound annually, total regulatory exposure can escalate rapidly for buildings without proactive compliance strategies.

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  • 1.Require proof of insurance from all vendors — verify General Liability, Workers' Comp, and Umbrella policies before any work begins; contractors should name the building as Additional Insured.
  • 2.Review master policy limits annually — consider excess liability coverage to protect against multi-million dollar Scaffold Law judgments.
  • 3.Establish a LL97 compliance fund — budget for energy upgrades and potential penalties to avoid surprise special assessments.
  • 4.Conduct regular building audits — proactively address violations before they escalate to litigation or regulatory penalties.

Heat and Hot Water

closed
Filed: 6/3/2025NYC Housing Court
HPD Online

False Certification Non-Lead

closed
Filed: 11/13/2017NYC Housing Court
HPD Online

Heat and Hot Water

closed
Filed: 2/24/2017NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 10/20/2016NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 6/12/2013NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 5/31/2013NYC Housing Court
HPD Online

Access Warrant - Non-Lead

closed
Filed: 5/22/2012NYC Housing Court
HPD Online

Access Warrant - Non-Lead

closed
Filed: 5/22/2012NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 4/11/2012NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 3/29/2012NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 10/16/2007NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 11/17/2006NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 4/19/2006NYC Housing Court
HPD Online

Protect your investment: A $200 seal prevents $2,000+ in water damage repairs. Read the guide →

Maintenance Guides

Did you know? Upholstered furniture harbors 200× more bacteria than a toilet seat. Read the guide →

Keep your outdoor space usable: NYC pollution makes balconies unusable without annual cleaning. Read the guide →

Coordinate Verified Services

Building residents coordinate verified services together — lower costs, less effort.

  • Group Rates

    Neighbors pool buying power for wholesale pricing on building services.

  • Insured Vendors

    Every provider submits insurance documentation, licensing, and building compliance paperwork.

  • Zero Coordination

    Automated scheduling, insurance verification handled, and neighbor polling — no group chats.

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Data sourced from NYC Open Data, HPD, DOB, and LL84/LL97 benchmarking reports. Last updated: 4/26/2026

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