#community-opportunity-to-purchase-act

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#community-land-trusts #right-of-first-refusal #legal-challenges #housing-preservation
New York City
fromwww.amny.com
2 weeks ago

Mamdani co-signs comeback of nonprofit property COPA bill vetoed by Adams | amNewYork

The Community Opportunity to Purchase Act would give nonprofits the right of first refusal on distressed residential buildings to retain community ownership.
New York City
fromCity Limits
1 month ago

Council Lets Eric Adams' COPA Veto Stand, and What Else Happened this Week in Housing

City Council failed to override the mayor's veto of the Community Opportunity to Purchase Act after new Speaker declined to call an override vote.
New York City
fromThe New York Sun
2 months ago

Small Property Owners in New York City Await Mayor Adams's Potential Outgoing Veto on Housing Grab

The law gives city-designated groups first purchase rights on certain multi-unit buildings, potentially limiting open-market sales, competition, and private property values.
Real estate
fromMission Local
2 months ago

Mission District miracle: S.F. nonprofit buys apartment building, and a dozen tenants breathe a little easier

A nonprofit community land trust purchased a five-unit building to preserve rent-controlled units and prevent displacement of long-term tenants.
New York City
fromCity Limits
2 months ago

NYC Housing Calendar, Dec. 15-22

City Planning Commission and City Council will vote on multiple rezoning and land-use proposals; several HPD affordable housing lotteries close this week.
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