This data brief presents building-level financial data from CPC’s New York City rent-regulated portfolio for the years 2020–2024, placing it in context with the Rent Guidelines Board’s approved rent increases and citywide wage trends. Since 2020, per-unit expenses across CPC’s rent-regulated portfolio have grown by 22%, outpacing both rent increases (which have grown by only 11%) and tenants’ ability to pay (wages have fallen –2.2%). This brief examines the implications of these financial pressures, offering key insights for policymakers, building owners, and stakeholders in New York City’s rent-regulated housing sector as they work to preserve affordable rents while maintaining the long-term viability of this essential portion of the housing stock.
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