Rent Guidelines Board issues conflicting NOI data for regulated apartments
![](https://www.pincusco.com/wp-content/uploads/2019/04/NOI_decline-1024x770.jpg)
Rent Guidelines Board's cross-sectional analysis of NOI showing a 5 percent decline (red circle added)
One analysis said NOI rose by 0.4%; another showed NOI declined by 5%
By Adam Pincus
The Rent Guidel