great building in williamsburg
Pros
super clean, responsive super, well constructed
Cons
unresponsive management, high electric bill
Advice to the owners
figure out the electric cost
New Building-Deteriorated Over Time
Pros
Easy access to subway. Good location in neighborhood.
Cons
Floors buckled because of water leak in apartment above. Sports Bar across the street can get very loud in the summer. Property management comically incompetent. Other apartments were frequently rented out on AirBnB by tenants and owner for short term rentals essentially turning it into a hotel. All sorts of random foreigners who had no idea it wasn't a hotel (asked us for towels in elevator one day lmao). Landlord stole money, claimed we changed locks. Never did, returned keys to property managers who did walk through when we left. They confused us with renters across hall who trashed their place, was a whole thing with video we took of apartment before and after, always bring receipts by video when you take and give it back. Never got interest because owner never put money in escrow account. Owner commingled security deposit with others. Totally criminal operation all the way. We learned our lesson on this one. Next time we'll just sue in Small Claims court for the failure to return the deposit on time and our missing interest.
Advice to the owners
Don’t rent it out long term lease apartments as illegal AirBnBs. Maintain the building. That means removing the garbage daily and cleaning the floors and responding to tenant inquiries promptly (not months later if at all). Return the security deposit in the legally required time and not six months later.