Great story and reminds me how good I have it in my current apartment re: noise.
In NYC it is really a roll of the dice, and it doesn't matter if you rent or own in a condo/coop. In some ways renting is probably better since you can simply leave at end of lease (or break lease) without incurring huge financial costs.
In 2 of the 4 apartments I've lived over 20 years I have had underemployed neighbors who threw parties and/or watched TV on maximum volume weekdays at 4am. Wish I knew about the TV-B-Gone back in the bad TV neighbors days.
In some ways I think we've all gone soft as a society and have "broken windows policing" type rules we are reluctant to enforce, which allows the inconsiderate to infringe with impunity. Apartment buildings usually have house rules but they are generally weak on enforcement. Both of my bad neighbor problems were large enough problems that half the building was up in arms and it still took years to resolve.