This apartment can be great sometimes, but has serious downsides as well.
The good:
- Nice location. Right next to Gas Works Park, 10 minute walk to Fremont.
- The water heater works well.
- The maintenance team is awesome, specifically Edu.
The bad:
- You will get totally shafted by rent increases every year. For example, if your lease ends in December, AMLI will use the summer peak in June to calculate your renewal rate (i.e. an obscene increase), ironically exploiting the 6-month advanced notice requirement that is meant to protect tenants. Then they will refuse to regenerate a fair renewal offer at the end of the year, when market conditions have clearly changed. AMLI will cite the "market" to justify corporate greed even though the market data is clear: every single apartment unit in Wallingford, including the ones in this very building, has had its rent drop precipitously in recent months. They will try to say that your unit is somehow special, but this declining price trend has been true of every single unit in the building. You can track this yourself over time by looking at the prices on the AMLI website. It's so great that Greg Mutz is squeezing renters during a recession so he can donate more money to the most vile neocons.
- Even though Seattle city council recently banned the use of algorithmic rent pricing, if you look at day-over-day price movements on AMLI's website, it sure seems algorithmically driven. Like, it's pretty blatant. If you point this out, they will claim that humans on AMLI's pricing team are manually making all these minute changes to every single unit, including by single-dollar amounts some days (which would be a terrible use of employee time). I believe the kids call this "gaslighting."
- This reverence for the Market apparently does not extend to our doors, where AMLI has replaced perfectly functioning locks with inconvenient digital "smart" locks from Latch. Latch ($LTCH) stock price has fallen from $15 to 12 *cents* per share and was delisted from Nasdaq for repeatedly failing to file earnings reports. This shady company now logs every entry/exit from your own home (not just the building, but your own apartment unit).
The ugly:
- The garbage chutes frequently malfunction, and lots of people just leave their smelly trash all over the floor instead of taking it to the bins outside.
- The sound insulation is questionable. I rarely hear my side neighbors but can hear people stomping above and below me all the time.
- The whole building's fire alarm goes off once a month.