Pretty nice apartment, good value, landlord responsive to building issues but completely negligent of individual issues.
Note that "Monarch Lofts" (or "Monarch on the Merrimack") rebranded itself as "The Riverwalk Lofts" in 2016.
The physical apartment:
We had a north (river) facing apartment. It was beautiful, as pictured / as you'd see in tours: exposed brick, new appliances, etc. (The floors are laminate, not solid wood, though.) The high ceilings are great, there are ample closets, the view of the river is very nice. But that's about all the positive I can muster. The layout of the apartment meant only the front of the apartment is really nice; the back room was dark, and we basically didn't use it. Also none of the walls/doors really provide sound insulation (many of the walls don't go up past 8', to the 15' ceiling), and the air ducts carry sound very well too. The wall to our neighbor's apartment also had a visible gap by the ceiling (on which more later), letter air and sound through. The north-facing apartments get no direct sunlight (as you might expect).
Despite heating fairly conservatively (thermostat usually at 68ºF when we were present, off most of the day) our bill was $200 in January, and; there were a few days when running the heat constantly still wouldn't get the apartment up to 68ºF.
Brick is a huge pain to put pictures/shelves/anything on (despite being great to look at), and the management forbids you from nailing into cabinets (ex: for a knife holder or paper towel dispenser). The giant windows are nice, but many of the screens don't fit well enough to stay up.
Individual issues and security deposit:
Our neighbors smoked pot, and because our shared wall didn't go all the way to the ceiling, it came into our bedroom. We complained to management for a month or so (we couldn't figure out where it was coming from) and they did nothing; this despite the lease stating the the entire building and grounds are smoke free. Eventually we just knocked on neighbors doors and found out who it was, and used expanding foam to seal the wall. The emergency maintenance number was also useless; they would give us a ticket number and never call back. (Aside from pot smoke, we called when our HVAC started banging loud enough during the night to wake us up from the opposite end of the apartment.)
They tried to keep part of our security deposit when we moved out. After an official demand letter and several followup e-mails we got it back. We had listed some flooring damage on our move-in condition survey. When we turned in our keys, they said they would check out the apartment quickly and get our deposit back within a week or two since the new tenant was moving in shortly. Not quite a month later we e-mailed to check up on it, no response. Then we received a check for part of the deposit, less a vague "flooring" item and our final water bill. We called, no answer. We e-mailed with a threat of legal action, they explained what the charge was for. We contested the charge, no answer. We sent an official demand letter (one by normal USPS and one by certified mail), they contacted us within a day of its receipt, claiming our wording on the survey didn't cover the damage they saw, and then agreed to refund the rest of the deposit without any further questions. Two weeks later, no check, we sent another e-mail, and then got the check a couple days after that. PSA: You can sue for 2x or 3x damages, plus attorney's fees, up to 4 years after move-out.
Location:
Being right next to the train is very convenient if you commute. Parking is easy. It's a nice walk over to El Taller, the common, Essex Art Center, and other nice spots in Lawrence; and being S of the river feels a little safer.
Building management:
The management is very quick to act when the building (and not individuals) are at stake. They evicted someone right away after they let their guests go off the roof deck onto the roof itself (and sent a public notice about it). They instituted a pet DNA database after people wouldn't pick up their dog poop. They do keep the grounds and building very nice looking. The office staff were always very pleasant (though fighting to get our security deposit soured that for us). We were hopeful they'd work with us on a community garden, but they flaked out.
So, to sum up again: Our year stay was pleasant enough, and the apartments are shiny and impressive, but we had some inconveniences with the unit/building itself, and some very poor interactions with the management. read more