Great Soho Location
Pros
Phenomenal location with spacious high-ceiling artists lofts
Cons
Older building with constant construction and honking
Criminality in real estate
Pros
Location is good
Cons
After having litigated against the rent regulated tenants for decades most of the remaining holdovers have manned the barricades and most of the tenants are now market rate people who keep their mouths shut about anything that does not work because they know that the leases will not be renewed and wind up in court like almost every tenant still here has experienced. The landlord now consists of a family who gossip has it — stole the building from the former owner — but neither the DA nor the police nor HPD lifted a finger to control the criminality involved in the operation of the building.
Advice to the owners
Pray that there’s never an investigation.