Council progressives had hoped they could convince fellow lawmakers to override former Mayor Adams’ veto and pass the Community Opportunity to Purchase Act. But new Speaker Menin, who abstained from…
“COPA is a sensible, targeted tool to support organized tenants and vetted preservation buyers to fight displacement in the buildings where New Yorkers’ safety and stability is most under threat.”
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.”
“To create real opportunities, we need two parties entering negotiations with the same goal in mind—the sale of the building to a non-profit or a direct sale to tenants.”
“Passing the Community Opportunity to Purchase Act (COPA) in 2025 would send a clear message: city policies must shift power back to tenants and communities, not bolster investors trying to…
The Community Opportunity to Purchase Act (COPA) will give community land trusts and other community groups first dibs at buying distressed properties. Supporters expect it to pass with support from…
The social housing proposals, known together as the Community Land Act, are the latest attempt to create affordable housing by removing real estate from the speculative market.
The saga of The Windermere, though unique in many respects, is emblematic of why the city’s need for deeply affordable housing and the interests of many for-profit owners and developers…
Albany’s inaction has made it more urgent for the council speaker to help pass a package of bills aimed at boosting the supply of homes accessible to, and controlled by,…