More room for a Steep Price
Pros
Nice neighbors More square footage for your money Doormen are nice to me (but not to everyone in the building)
Cons
Poorly maintained over decades Long term plumbing and electrical issues Handyman has no training, almost every job is done poorly or incorrectly Super rarely around and seems to have limited interest in the building, blames everyone else for work perpetually left undone. No pride in maintaining the building. Porter so offensive personally most tenants will not speak with him. All renovations done cheaply and not to code, no permits. Intercoms doesn’t work. Elevators break down frequently.
Advice to the owners
The condition of the building starts with the owner. The infrastructure of the building has been neglected for decades. Invest in the building, perform necessary plumbing and electrical work to code, renovate apartments with thoughtfulness rather than installing mismatched appliances and cabinetry that are placed where they can not fully open. Hire trained and capable staff without major personality or psychological disorders.