And we don't even know if those numbers have been released to the public yet. (they probably haven't since expenses take a while to compile, whereas deposits into a bank account are easy to count)
Eevenue is a useful measurement of how large the operation was.
There is some information about profit in the article:
>The rent for one apartment was $3,225, but it was on Airbnb for $250 a night. Hypothetically, Mr. Beckman could cover a month’s rent by filling it with tourists for about two weeks. In just a few months, Mr. Beckman had booked more than 500 guests and generated about $84,000 from the building at 78 East 119th Street, according to the city’s lawsuit.
Eevenue is a useful measurement of how large the operation was.
There is some information about profit in the article:
>The rent for one apartment was $3,225, but it was on Airbnb for $250 a night. Hypothetically, Mr. Beckman could cover a month’s rent by filling it with tourists for about two weeks. In just a few months, Mr. Beckman had booked more than 500 guests and generated about $84,000 from the building at 78 East 119th Street, according to the city’s lawsuit.