Economical building that covers the basics
Pros
I lived here in a market-rate unit for 2 years and never had any major issues. Many of the other tenants have lived in the building for a very long time and there's a strong family feeling here. The location is great, the unit fit our needs, and the managing company was responsive and professional.
Cons
While the managing company was good to us, we heard from some of the tenants in the rent-regulated units that they were being neglected. The building's handyman even told us that they had been instructed to not enter the rent-regulated units. While our unit was in decent condition, our neighbors units were constantly undergoing repairs that those tenants were funding out of pocket. This work was frequently noisy and crowded the stairwell. The old steam radiator heating system was also a constant source of problems and discomfort. Our radiators frequently leaked steam and water at the start of the winter every year and were never repaired in any permanent way.
Advice to the owners
Please improve your relationship with the tenants in the rent-regulated units.
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