Opinion: The Council Passed COPA. Now It Must Override Eric Adams' Veto.
COPA gives qualified preservation buyers the first opportunity to purchase buildings to preserve long-term affordability and help organized tenants prevent displacement.
NYC Passes Bill Giving Nonprofits First Chance to Buy Certain Buildings
Revised COPA gives qualifying nonprofits and nonprofit-partnered for-profits first opportunity to bid on certain distressed or at-risk residential properties to preserve affordability.
Council Revamps Bill Giving Housing Groups First Dibs to Buy
Updated COPA gives preservation buyers a brief, market-based window to purchase certain troubled apartment buildings to preserve affordability and tenant stability.
