oh- the hallways are outdated but clean and they are shampooed,etc regularly. I will take outdated as long as it clean!
The building needs to be torn down and rebuilt. Regardless of the bandaids they have "upgraded" here and there. Tear it down and do over, please. I went to see a unit there and the hallway lobby looks like a jail lobby you see in movies. Then the unit was unsightly and dilapidated. Hallways reeked of mildew. And pregnant women all around. Yuck, not my scene. Sorry, no disrespect. And, not to mention all the add ons for any of the so called antiquated amenities. Top of all that mess, you must pass a board approval. Well, i had no idea i was moving into 700 Park Avenue, NYC. No friggin thanx. Ill pass.
Maintenance fees are not ridiculous high by any means. When i lived there I paid $650 for a 1BR and 2BR fees were between $900-$1,100. I don't find that ridiculous if you compare around. And along the standard lines includes all utilities + taxes.
To Anthony's point, conditions of units vary greatly, I agree there that some are very outdated and need upgrading. When i bought, i had to gut the entire thing and renovate it all. The upgraded apartments though look great and if you saw them you would agree. So you can either buy an outdated one and fix it up or there are many on the market that are already upgraded very nicely.
I am not trying to say its the best place in the world, but the value is there and I would say its a solid buy at these price points. Financials are in order as well last time I checked and the coop board was doing a solid job.
hope this helps.