Rent increases are untenable
Pros
Great location and for the most part it’s a nice building. I’ve lived here for 3+ years and only ran into a pest problem once due to the neighbors. That said, things are constantly breaking and needing replaced in this apartment.
Cons
The constant rent hikes despite being a model resident are untenable. Over 30% increase year over year is insane and no budge from the landlord.
Advice to the owners
Respect your long term tenants and keep rent accessible
Oversells and Under delivers
Pros
It’s mostly clean and sometimes quiet w amenities
Cons
I think the super might have a mental disability. poor construction. constant flooding. u will hear people 10 units away. owner Daniel Ilibassi is inconsiderate, disrespectful. tenants are disrespectful. water is undrinkable half the time. the superintendent is aggressive, loud, vicious , disrespectful, abusive, and intimidates tenants in addition to having little to no experience in repair. Building is vastly overpriced for the neighborhood w an average rent btwn $500-700 higher than neighborhood average and for being 10-15 mins from any transit. even comparable newly constructed buildings closer to the city/transit rent for often $300-500 less than this place. under delivers on “luxury” for the price and location.
Advice to the owners
Lower prices and stop being awful and probably stop owning properties on your way out the door