COPA is coming, with the bulk of supporting lawmakers already celebrating the community buyout bill as it nears another chance at passing in City Council. The Community Opportunity to Purchase Act, which would give nonprofits or joint ventures designated by the city a first go at purchasing distressed multifamily buildings when they are up for sale, is back from the dead after ex-Mayor Eric Adams’ veto halted a bid to pass it last year. Now that the bill has secured a critical mass among lawmakers spearheaded by Council member Sandy Nurse, plus a co-sign from Mayor Zohran Mamdani, it is […]
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