It's a Good life on Diamond
Pros
Newer building, with a "goldilocks" kinda feel. Not too fancy, not too shabby. 4 floors, no elevator. Rent is reasonable.
Cons
Laundry machine breaks a lot. They took away the old roof decks that I hear people used to love.
Advice to the owners
They got new trash cans this summer, which made the trash situation a lot better. Overall, nothing bad to say!
Rent stabilized
Pros
The building is rent stabilized.
Cons
Finding out it was rent stabilized caused a very long lawsuit between landlord and all tenants together, he charged us all market rate when we moved in. We settled, so it doesn’t show up as a litigation in the city records. He made our living conditions very uncomfortable until we all moved out.
Advice to the owners
Don’t try to scam your new tenants with market rate leases.