Dirty, rundown, infested with rats
Pros
Location, that’s it.
Cons
The Managment is impossible to get ahold of. They only respond to issues when you report them to the city. The building is infested with rats. They are constantly in the trash yard and are also in the walls. The super is impossible to get ahold of when needed. The Managment will not respond to emails or phone calls on the weekend. I have lived in six buildings in my time in NYC, this is the worst managed building I have ever lived in or heard of.
Advice to the owners
Get out if real estate and buy a ground lease where you don’t need to manage tenants.
