Extremely overpriced for the space, construction is poor, elevator service is iffy, heat goes out on occasion.
Building staff are VERY nice and do the best with what they have to work with.
Great building for 20-somethings.
Here's and update: I left in Sept 2007. The heat and air conditioning work when they want to, not on demand, and let's face it for the rent, you kind of want it to work all the time. I wound up getting really sick and tired of listening to my neighbor sing Elton John kareoke every night, which you can hear perfectly thru the cardboard walls. Then there was the time smoke filled my apartment, it was someone, somewhere in the building broiling a steak. That was fun. And the freaking elevators STILL don't work consistently and I was in there twice when one of them did an extremely scary bounce.
The staff are still really nice, but a little on the dopey side. You can do way better than this.

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