But to landlord groups, the number was misleading because it did not incorporate the city's new 18.5 percent property tax or other rising costs.
Though strongly endorsed by landlord groups, the majority leader's plan has generated a storm of protest from many corners.
Even so, landlord groups warned about the unknown impact of the city's new lead paint law.
The landlord groups also gave more than $50,000 directly to incumbent Republican state senators.
The landlord group says prices for heating oil for their buildings have nearly doubled in the last month.
The statistics in the chart accompanying your article at first glance appear to come from landlord groups.
Now that the 1980's real estate boom is over, landlord groups are threatening building abandonment because of rising operating costs.
In this capacity, he defended his government's support for rent control over opposition from landlord groups.
Of course, landlord groups have a wish list, too.
The $59,500 in donations he received from landlord groups in 1994 might serve as a down payment.