Inflation crushing rent-stabilized owners: landlord group – Robert Khodadadian

October could have offered some reprieve for cash-strapped owners of rent-stabilized buildings. Instead, a report from a prominent landlord group finds, they will continue to lose ground, despite the annual rent increase they can charge in leases signed after Oct. 1. The report was produced by by the Community Housing Improvement Program, which advocated for a larger rent hike, but using data compiled by the Rent Guidelines Board staff, which is independent of the industry.

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, Community Housing Improvement Program, landlords, NYC Rental Market, Rent Guidelines Board, Rent stabilization The Real Deal New York Read More