Cons:
The place is slightly old but that's common to all NYC places I've been so far. There is a very annoying permanent noise from the kitchen (fan), which you ear from the bed while sleeping (this is a small studio), with the building aeration. You can not fix that, and you can not turn it off either. I don't expect this to be ever fixed by the building management either.
The place was cold (April) as the building heater doesn't run all the time, and I had to use another external heater Shail provided next to my bed.
Pros: Can't beat the location, and Shail is very responsive to requests.
Overall I had a good stay and I think the place is rightly priced.