Rent Stabilized, Incompetent Management
Pros
Fantastic location, great neighborhood, expansive windows with decent fellow tenants.
Cons
Management has gone way downhill since 2022. Incompetent/haphazard "fixes" leaving things worse than before. Unreliable in responsiveness -- every secular and Jewish holiday is off, entirely unavailable Fridays 1pm until Monday 10am at best. Did not have hot water in kitchen for two months, lost hot water in entire apartment seven times in 2024. They will hide that it is RS building.
Advice to the owners
Invest in the stock market if you want passive income, please leave this industry.
This place is fine
Pros
Not the smartest or most responsive management but you could do a lot worse
Cons
Expensive for what you get