Amazing building, out of control pricing
Pros
The building is incredibly well-run The units are all interesting and many have great light (be sure to face out) The rooftop is amazing and the gym is practical The staff are all wonderful
Cons
The rent increases are insane. People are constantly moving out as a result. However, they immediately fill vacancies so I don’t see them stopping. But know what you are getting yourself into.
The worst landlord/management I have experienced in 15 years of renting in NYC
Pros
The building and location is amazing.
Cons
Over priced + raise rent every year over 10% and do not offer more than 1 year lease. Small bathroom and kitchens. Landlord/Management not willing to help or negotiate on anything. Requested to get out our lease 2 months early (been in the building for 3 years) as we are buying a house (and unfortunately timing never works out perfectly). They initially told us we would have to pay 2 month fee to break our lease 2 months early.. finally got them down to 1 month fee with 30 day notice. Which means they can rent our apartment plus get our 1 month fee - I asked if they could help us out and list the apt early and IF they were able to rent it early we wouldn't owe our fee or only owe a smaller fee. They would not even engage in any compromise. They were rude belittling.
Advice to the owners
Be nicer to your tenants who pay a lot to live in your buildings. Understanding you are running a business there are ways to make business minded decisions that also help people, just takes a little bit more effort.
