Slumlord (Greenbrook / Carlyle) and PM (Freestone)
Pros
Nice apartment finishes
Cons
Quintessential value extracting PE backed owner looking to eliminate nearly all operating expenses while increasing gross rents by 8%+ on an annual basis (JV between The Carlyle Group and Greenbrook) $1,500 coned bills (tenant paid) Electric baseboard heaters 60 degree internal temperature in winter months Off-shore property management not responsive or helpful No cleaning or trash services Filthy common areas
Advice to the owners
Provide basic services and fix electric heating
New but expensive
Pros
New house appliances
Cons
Electric bill is stupid expensive
/-73.929555,40.701514,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
/-73.959471,40.683979,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
/-73.979191,40.677671,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)
/-73.948582,40.680855,14/640x640@2x?access_token=pk.eyJ1Ijoib3BlbmlnbG9vIiwiYSI6ImNsYjNmMjVwdzBjeHgzd21wYmJmZDB0eGYifQ.XZvZCOh51yXuDBE-I3Bg0A)

