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Turnover is tremendous -Large rent increases

Started by safetyfirst
almost 10 years ago
Posts: 13
Member since: Aug 2009
The building seems more like a hotel then an apartment. Many tenants leave after only one year either because they look for a new home or often a large rent increase is thrown on them in year two - although many have seen increases every year. There is no sense of community in the building in large part to the building emphasis on corporate short term rentals with no price sensitivity.
Response by fieldschester
almost 10 years ago
Posts: 3525
Member since: Jul 2013

This is the building with the window in the shower? http://streeteasy.com/talk/discussion/14059-98-riverside-drive

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