Tag: Housing Reform

New York City Gives Community Groups First Chance to Buy Troubled Apartment Buildings in Major Affordable Housing Reform 

In Economy, Entrepreneurship, Lifestyle

New York City Mayor Zohran Mamdani has signed a landmark housing law giving nonprofit organizations and community groups priority when purchasing certain distressed apartment buildings, marking a significant change in how the city approaches affordable housing preservation. Signed on November 10, 2026, the Community Opportunity to Purchase Act (COPA) aims...