Profits continue to increase for NYC’s rent stabilized landlords

NEW YORK CITY (PIX11) — Net profits increased for rent-stabilized landlords in 2024, the third consecutive year in a row, according to a report released Thursday by the Rent Guidelines Board.  Across New York City, landlord net operating income increased 6.4% in 2024 compared to 2023. The new profit data comes as the Rent Guidelines [...]