Stabilized living at market prices!
Pros
Great neighborhood. Good transit options. High ceilings. The front door usually locks.
Cons
Floors are alarmingly sloped. Kitchenette is an after-thought. The heat uses very dangerous gas burners, but don't worry- they never work! The owner is genuinely impossible to communicate with. ALSO, the building is rent controlled, but the owner will absolutely charge you market rate.
Advice to the owners
Treat others as you wish to be treated.