3 ms·
Yes, but I ended up buying a 1br in SF for a comparable price. The HOA fee was $650/mo. The building had 24/7 front desk staff, twice-monthly unit cleaning serv
by ericbarrett 4y ago
Yes, but I ended up buying a 1br in SF for a comparable price. The HOA fee was $650/mo. The building had 24/7 front desk staff, twice-monthly unit cleaning service, a small gym, a hot tub, and a full-time building engineer. All the while dealing with a lawsuit against the builder for leaks. And our reserve was quite funded. Where was the money going in Chicago?
- fshbbdssbbgdd 4y agoProbably worse maintenance issues, and no builder to fix it for them.
- bombcar 4y agoIf they were suing the builder, it was probably still a relatively new building. Older buildings start getting hit with the "every 20/50 years" maintenance, and also get hit with lawsuits against the building/HOA itself. Those can start to add up over time. And the size of the building can also affect it; a smaller building with the same amenities would have higher HOA fees. I personally wouldn't touch them with a fifty state pole, but some people like it.