Management Company = Slumlords
Pros
Beautiful old building Great neighbors and neighborhood Apartments are more spacious than the average NY apartment bc of when the building was built
Cons
Management is neglectful. The building is dirty, rodent/pest infested and garbage isn’t disposed of regularly. The management company has been known to harass its “older” (re: nonwhite) tenants in attempts to get them to move out of the building so they can hike up the rent for new tenants. Management company is not responsive. Can take weeks or months to get someone to fix heat, water damage or any other issues that are bound to come up in these old buildings (I know of a few tenants whose issues were just ignored)
Advice to the owners
DO YOUR JOB!