Good on paper
Pros
- Rent stabilized - Modern finishes - Laundry in building - Rooftop views
Cons
Management is genuinely the worst, hard to get a hold of, not responsive to tenants needs. I have neighbors who have had no power for months, people went without heat and hot water in the winter, chewed up internet cables so WiFi regularly cuts out. Pest control could be better for apartments on the 1st floor. Front of building is regularly trashed/garbage overflowing and management drags feet until fined by the city. Its nice on paper but lacking in a lot
Advice to the owners
Care about your tenants more, just because its rent stabilized doesn’t give you a pass to neglect the building