G.2: Characteristics of Small and Large Rent Stabilized Buildings, Income and Expense Statements

                                                          Residential Only
                                       All Buildings           Buildings

                                    11-19       20+       11-19       20+
                                    Units     Units       Units     Units

Number of Buildings in I&E Sample   3,240    10,152       1,816     7,438

Average Gross Income                 $585      $603        $520      $534
Average Rent Collected               $462      $551        $483      $525
Average O&M Costs                    $413      $408        $319      $383
Net Operating Income                 $172      $195        $201      $151

O&M-to-Rent Ratio                     89%       74%         66%       73%
O&M-to-Income Ratio                   71%       68%         61%       72%
Real Estate Taxes/Gross Income        18%       16%         16%       15%

Note:  O&M Costs are not adjusted by the audit figures.

Source:  Department of Finance, 1994 RPIE Filings.