Fairstead Management LLC/ Locust
Managing agent — unlicensed in New York State
1 building. 204 Class C violations. No state license.
PORTFOLIO GEOGRAPHY
1 building.
THE PATTERN
Extreme outlier rate.
Fairstead Management LLC/ Locust carries 204 Class C violations across 1 building — an average of 204 per building, against a catalog-wide baseline of 5.0. This rate is an extreme outlier. Conditions HPD classifies as immediately hazardous appear at a frequency more than an order of magnitude above the typical NYC managed building.
THE REGULATORY VOID
No license. No exam. No oversight.
Fairstead Management LLC/ Locust appears on HPD Registration filings tied to 1 building containing an estimated 376 residential units — and needs no state license to operate. In Florida, a Community Association Manager must pass a state exam, carry a bond, and complete continuing education. In New York, there is no equivalent requirement. There is no public complaint registry, no disciplinary board, and no performance standards.
TOP 1 BUILDING
Ranked by Class C violations.
| # | Address | Borough | Class C |
|---|---|---|---|
| 1 | 975 SIMPSON ST | Bronx | 204 |
Source: HPD Violations (NYC Open Data). Class C = immediately hazardous.
RIGHT OF REPLY