building at 425 Fifth Avenue

from the case, condo buyers should keep the below in mind:

(3) the fact that the absentee-owners
specifically leased their rights to use the condominium's amenities
as part of the lease agreement (the lease agreement states that the
owner-tenant is leasing the common elements from the condominium).

Who doesn't pay for their electricity and then fights their condo board?
Rhetorical, obviously, but it definitely shows moxie.

ali r.
DG Neary Realty

Yes, those litigants with no case but plenty of moxie do help keep the profession going.

That $1600 for 23 months of electricity turned into $3800, after late fees and the cost of the lien. Now, with costs of the dismissed lawsuit added, it'll be real money. Their own lawyer may've worked cheap, but Seyfarth Shaw doesn't.

Moral of the story. Pay your bills

Crappy location. They aren't real NYers.

Cannot find many reviews on this building. It seems like there are quite a few nice 1 bedroom apartments that have been available for a few months already. Their price doesn't seem unreasonable based on the comps.

I'm thinking about renting here, can anyone share their experience?

Pros
This neighborhood is great if you are here to work in area!
The building has good doormen.
CONS
The only Con is that parade floats line up on that street

Pros: great staff!
Con:
1) the property manager seems too overworked to address urgent matters even if each owner pays tens of thousands of dollars in common charges. You would imagine that Akam would assign top managers and good assistants to a Fifth avenue skyskraper... I met reticence and inaction.
Investors be aware, this is not an investor friendly building!