Used to be a gem - now greedy.
Pros
I lived in this building from 2013 to 2020 and had a great overall experience. The lease was passed down through roommates until I officially took it over in 2016, paying $3,500 for a true 3-bedroom. Rent increases were minimal — the highest it ever went up was just $100 in a single year. Eugene and Buchinger were always respectful and easy to deal with. The building had a real sense of community and a shared understanding among tenants — large, slightly dated spaces that still held the charm of a true Brooklyn loft. It was no-frills, but also never exploitative.
Cons
It’s disappointing to now see smaller units in the building listed at $6,000 — a huge jump without any clear improvements. The building seems to be trying to compete with newer luxury developments in the south-side, but without offering any of the actual benefits those buildings provide. I also suspect this shift is being driven by the landlord’s son-in-law, who’s now the managing partner and appears to be capitalizing on the neighborhood’s rapid growth.
Advice to the owners
Go back to your roots of being a quiet gem at the edge of the water.
Lower rates compared to other areas
Pros
Good location and nice view
Cons
Constructions in front. Terrible attitude from the landlord and does not care about people nor cleanliness or safety.
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