New York PostRight·
NYC Council quietly passes bill that forces owners to give nonprofits first dibs on buying their properties for 90 days
The City Council quietly passed a controversial bill Thursday that would give nonprofits the first shot at buying up distressed Big Apple properties if it becomes law. The “Community Opportunity for Purchase Act,” or COPA, requires some sellers to delay putting their properties on the open market for 90 days while “community land trusts” and...
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