Absolutely not worthy of the Evil Dead name
This film is absolute trash. Obviously Evil Dead 1 + 2 and Army of Darkness are great films. I can even kind of appreciate Evil Dead 2013 but there is nothing here for Evil Dead fans at all.
If it wasn't for the appearance of the Necronomicon, some nods to specific shots and some referenced lines, this could be any old horror/demon possession film. Setting it in a NY tower block? Just wtf? I get trying to reinvent it and not just repeating the cabin setting but the cabin is almost a vital character in itself.
So in summary, don't waste your time. Just watch 1-3 or the series instead. Maybe the 2013 film if you skipped it.