Lived in 1A for 2 years
Pros
The building is centrally located to lots of train lines, restaurants & night life.
Cons
The floor plans are small. Kitchen was tiny without a full oven/stove. Functional for 1 person, but very tight if you're planning to live there as a couple/family.
Advice to the owners
Lower the rents, I had to pay an increase on my renewal that was much too expensive. Life in NYC can be hard enough without the looming threat of rental increases.