PROSPECT DEVELOPMENT CORP
PROSPECT DEVELOPMENT CORP has filed 13 building permits in New York City since 2022, closing 82% of 11 rated permits. 3 permits remain open.
82%
13
Construction Permits
3
Currently Open
11
Rate-Eligible
permits > 1yr old
2022–2025
Years Active
Closure rate based on permits older than 1 year. “Issued” and “Stop Work” statuses are excluded.
Performance by Permit Type
General Construction6 rated
83.3% closed vs 74% median, 9.4 points higher
Mechanical4 rated
75.0% closed vs 83% median, 7.5 points lower
Structural1 rated
100.0% closed vs 80% median, 20.0 points higher
Median based on all applicants with 20+ rated permits in each category. Only permits older than 1 year are rated.
Year-by-Year Summary
2025
50.0%
Open2
Closed2
1 closed / 2 rated
2024
50.0%
Open1
Closed1
1 closed / 2 rated
2023
100.0%
Open0
Closed3
3 closed / 3 rated
2022
100.0%
Open0
Closed4
4 closed / 4 rated
All Permits
13 permits
| Status | Permit # | Address | Issued▼ | |||
|---|---|---|---|---|---|---|
| Closed | M00540697-S6-FO | Foundation | 96 BANK STREET, MANHATTAN, New York | May 6, 2025<1yr | Dec 31, 2025 | $3,500 |
| Open | M00540697-I1-GC | General Construction | 96 BANK STREET, MANHATTAN, New York | Mar 5, 2025<1yr | Jan 15, 2026 | $256,200 |
| Open | M00540697-S3-MS | Mechanical Systems | 96 BANK STREET, MANHATTAN, New York | Feb 4, 2025 | Feb 4, 2026 | $1,000 |
| Closed | M01134811-I1-GC | General Construction | 166 BANK STREET, MANHATTAN, New York | Jan 13, 2025 | Dec 31, 2025 | $210,000 |
| Open | M01121070-I1-GC | General Construction | 96 BANK STREET, MANHATTAN, New York | Nov 25, 2024 | Nov 25, 2025 | $50,000 |
| Closed | M01009225-I1-GC | General Construction | 249 EAST 7 STREET, MANHATTAN, New York | Feb 27, 2024 | Dec 31, 2024 | $70,000 |
| Closed | M00701758-I1-ST | Structural | 77 HUDSON STREET, MANHATTAN, New York | Aug 11, 2023 | Jan 31, 2024 | $85,250 |
| Closed | M00701735-I1-MS | Mechanical Systems | 77 HUDSON STREET, MANHATTAN, New York | Jul 21, 2023 | Jan 31, 2024 | $51,150 |
| Closed | M00701721-I1-GC | General Construction | 77 HUDSON STREET, MANHATTAN, New York | Jul 18, 2023 | Jan 31, 2024 | $358,050 |
| Closed | M00717566-I1-MS | Mechanical Systems | 40 EAST 74 STREET, MANHATTAN, New York | May 26, 2022 | Jan 31, 2023 | $8,000 |
| Closed | M00697049-I1-MS | Mechanical Systems | 249 EAST 7 STREET, MANHATTAN, New York | Apr 4, 2022 | Dec 31, 2022 | $24,000 |
| Closed | M00682308-I1-GC | General Construction | 40 EAST 74 STREET, MANHATTAN, New York | Mar 14, 2022 | Dec 31, 2022 | $60,000 |
| Closed | M00599704-I1-GC | General Construction | 249 EAST 7 STREET, MANHATTAN, New York | Jan 31, 2022 | Dec 31, 2022 | $119,000 |