Terrible management company
Pros
The building had beautiful views and OK amenities.
Cons
Where to start... The management company was absolutely horrible. There hasn't been a single interaction with them where they were rude and/or dismissive of issues we've had. The AC in out unit never cools down the place, during hot summer days, it gets down to 80 degrees at its lowest. I did the research on the AC unit, and it's rated for an apartment 60% of its size. The management team refused to do anything about it, and based on the size of other units in the building, and talking to other residents, probably about half the units do not cool down. The AC units are also not energy efficient, so to get the temperature of the apartment to 80 degrees, we've received a $1,000 (in a month) energy bill. My advice: Don't rent a unit over 800 sq. ft., and if you do, then just make sure to add $1,000 to the rent for the summer months as part of your cost of renting if you want to live at a semi-comfortable temperature.
Advice to the owners
Get better AC units, sell to an owner who actually cares about managing the property and not just sucking money out of your tenants.
3 year tenant
Pros
Building answers requests immediately to fix broken appliances, shower pressure is incredible, apartments are clean
Cons
Despite having a rent stabilized unit, the building is undergoing destabilization and therefore the 421a fees adjust the price to market value, so you are not getting a deal. Tenants only realize this 1 year after signing
Advice to the owners
Allow negotiation for rent rates
/-73.95628,40.745084,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
/-73.958341,40.743872,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
/-73.992023,40.724423,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
/-73.956598,40.744819,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
