Great Location: Not Much Else
Pros
The location is amazing.
Cons
The apartments are run down. Water and heat went out multiple times this winter and electricity sometimes goes out during the summer. You may get in cheap but rent increases drastically. Maintenance is responsive, but the leasing department is nightmarish. Also, the current sale listing is wrong. The "market rate" apartments do not all have in unit laundry.
Run Down, Too Expensive, And That "Third Bedroom" is Deceiving
Pros
The Location, big windows. Our super is lovely.
Cons
It's very odd that this building isn't listed as rent stabilized. It's a pre-war building that, as far as I can tell, has had no major structural improvements done to it (plumbing, roof, electical, etc...), yet the rent history claims there were "Major Capital Improvements." When I looked up the building's history, I couldn't find permits or approvals for any of that claimed work either. Food for thought. There are cockroaches. There are consistent mold problems that have hit multiple apartments. In the summer there have been issues with power outages that were not addressed. The appliances and decor have not been updated. The hallway stinks to high heaven. Also, you cannot move around those third bedrooms unless you are under 5'6, the ceilings are incredibly low. When I originally came here my rent was 200$ cheaper, and it felt like a good deal. At those prices, it' easier to overlook issues, but management is attempting to jack rents to new development luxury levels. Moving is inconvenient, so I'll stay for the current price, but if I were someone new, I'd choose a different place to stay. It's not a deal anymore.
Advice to the owners
You can't charge luxury prices for a non luxury apartment.
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