Pros:
Great, quiet neighborhood on a very pretty cobblestone street. Live-in super was very friendly and responsive. Most neighbors are quiet and friendly. Thick walls, very clean, and kept in good shape.
Cons:
Lots of construction going on in the surrounding neighborhood, so it can get noisy depending on where your windows are facing. People from the bar down the block will sometimes leave their "dinner" on the sidewalk, or broken glass. Not really much you can do about that if you live downtown though.