Overcharging for a mid apartment building
Pros
Super is fantastic.
Cons
Anytime there's an open unit the landlord or broker, whoever is in charge tries to charge way over market value. They then proceed to lower the asking rent since no one takes it. So for people looking to rent here, wait for the broker to lower the price. I'm including screenshots of rental history for two units where the landlord had to lower the asking rent because no one wanted to pay their ridiculous above market number. They also tried to raise the rent on me several times while I lived here. This is all while I was dealing with pest entering my apartment and packages being stolen constantly from the building lobby. Despite these cons, they STILL try to raise the rent and nickle and dime me. Additionally the building is trying to convert 1 bedrooms into two or three bed flex apartments all in an effort to be able to fit in more tenants and charge even more rent. For example in one of the flex units they have college students crammed into a one bedroom. My guess is that the broker Michelle from Corcoran is trying to hit her targets... The community feel of the building has been dwindling as a result of the cramming that's going on. I suspect it will only exacerbate over time.
Advice to the owners
stop leeching
Nice old building, could be much better
Pros
Interesting building, large appts. Sound resistant
Cons
needs renovating to bring to good spec, ownership variable and their ambitions for it unclear—they seem to do things on the cheap, jury rigging repairs etc., even though the building’s recent rents are not…scaffolding up two years…
Advice to the owners
fix things well and properly rather than temp fixes that require fixing again 6 mo later
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