Decent no frill building - if cheap
Pros
Clean, decently managed and used to be non-expensive (no frill luxury building)
Cons
Starting to get old (&price goes up), no real vent in the kitchen, walls are thin so if you have loud neighbours it's over
Short walk to L train and even shorter to G
Pros
High ceilings, convenient location, safe neighborhood
Cons
Drafts, old AC units, occasional leaks, bad insulation
Advice to the owners
Invest more money into long-term repairs