Vacant apartment questions

[Freeman Schultz]

In New York City a common practice among some landlords is what referred to as "warehousing" where they take vacant apartments off the market because it is less profitable to rent them out.

Another reason why apartments stay vacant is that landlords refuse to lower the rent.

How do landlords make money with vacant apartments? Rule of thumb is that apartment needs to cash flow in order to make a profit.

Are there any benefits for keeping an apartment vacant?

The only thing that comes to mind is sales. Some buyers want to buy an investment property that is vacant.