74
GoodAsset Health Score

32-05 NEWTOWN AVENUE

32-05 NEWTOWN AVENUE's Management & Comfort score is 62/100 — room to improve

Queens81 UnitsBuilt 1964D1BBL 4006190006

Summary

Overall score: 74/100. Management & Comfort is the area to watch.

The building has an overall score of 74. This elevator co-op, built in 1964, is in its mid-century mechanical overhaul phase. The strongest pillar is Asset Stability (score of 99, +29 points above the peer median of 70). The weakest pillar is Compliance Health (score of 69, -6 points below the peer median of 75). The building presents a mixed performance profile requiring focused attention on specific areas.

Category Scores

Safety & Legal69

Peer Median: 75

Energy & Future-Proofing70

Peer Median: 65

Management & Comfort62

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

3 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.

False Certification Non-Lead

closed
Filed: 8/17/2016NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 10/30/2013NYC Housing Court
HPD Online

Tenant Action

closed
Filed: 10/19/2010NYC Housing Court
HPD Online

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

What you can do about it: 34% of home dryer fires are caused by clogged vents. Read the guide →

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

Maintenance Guides

Did you know? Upholstered furniture harbors 200× more bacteria than a toilet seat. 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: 4/27/2026

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