Management makes the apartment unlivable
Pros
Location, charm, in-unit washer dryer
Cons
Heat does not work, cockroaches, leaks in the ceiling, broken appliances, management does not respond to problems
Advice to the owners
Get a new job
Great building with some quirks
Pros
- Responsive management - Helpful handyman - Fenced entrance adds some sense of security - Overall the building has a historic charm to it with brick walls and spiral staircases
Cons
- Although management is responsive, it can still take days to get something fixed - Heat is electric and not included so that can add an extra $200 in winter months - Issues with roof leaking, many neighbors complained about this - No real negotiating power for the tenant and rent increases drastically every year. Over 20%
Advice to the owners
To help with tenant turnover, be more willing to negotiate and listen to tenants
/-73.963396,40.761405,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
/-73.963432,40.761356,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
/-73.952055,40.774817,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
/-73.955426,40.771586,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)