Affordable building right by the park
Pros
The units are spacious and affordable.
Cons
The building is a little hectic, lots of people. Packages often get stolen and there is often noise.
Overpriced and poorly managed
Pros
Location. Next to park and subways. Neighborhood has great services.
Cons
Building is poorly maintained. Hallways go uncleaned for weeks, current paint job in halls has been unfinished for years. Elevators routinely are out of service. Boiler frequently down leading to no hot water. When services are down there is zero notification of tenants. Mailboxes are falling apart. Mail theft is a common problem and management does nothing about it. Management takes advantage of every opportunity to raise rents. Newer units are priced higher than the value provided by the landlord.
Advice to the owners
Treat your tenants like human beings and provide services their rents are paying for.
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