Difficult landlord, not worth the hassle
Pros
Location, close to central park
Cons
Old, lots of construction, unresponsive landlord that will take any last dime out of you
Advice to the owners
Disclose massive construction projects to your tenants
Mentally damaging
Pros
The building had great residents who were all brought together by their shared upsetting situations with the landlord. The location is also great.
Cons
The building was old and uncared for and dirty with an unresponsive landlord. Upon an issue with a pipe bursting multiple residents were left without showers and the blame was put on residents. Personal attacks and harassment ended in multiple residents and good people moving out early.
Advice to the owners
Sell the building.