Brochure vs. Reality

Outdoor TV 201808
Brochure vs. Reality

Absentee Jane back in June:

The outdoor television on the 8th floor amenity deck has officially been declared not repairable. We are in the process of purchasing a new one. They run $10K or more so I am obligated to obtain bids before purchasing. This process is nearly completed and we should be placing the order in the next day or so.

Annual amenity fee at the Morgan: $600 per apartment.  At 80% occupancy, that’s 200k a year going to Toll Brothers for amenities that never work.  We have a suspicion where all that sweet cash is going though: one of our residents spotted an exterminator working on the residential floors today.

 

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