Mayor Mamdani’s administration is backing a bid from a developer to preserve a portfolio of 887 rent-stabilized units in East Harlem, in a test of the mayor’s housing goals.
“New Yorkers, and Mayor-Elect Mamdani in particular, have an open window of opportunity to fundamentally shift the city from maintaining the status quo between the haves and have-nots to actively pursuing housing…
Five years after it was introduced, the City Council passed a revised version of the Community Opportunity to Purchase Act, or COPA, which supporters say will give mission-driven groups a…
“The version of COPA now before the Council is a practical, well-crafted framework that will meaningfully strengthen New York City’s ability to preserve stable, affordable housing.”
