Msg. 14993 of 15016 (This msg. is a reply to
14989 by
CTJ)
Jump:
Yeah ... heh heh heh ... what could POSSIBLY go wrong, eh?! Housing in NYC ... which is already a hot mess ... is going to become absolutely abysmal during the next four years.
I am REALLY glad that I'm not a landlord in NYC.
The essential American soul is hard, isolate, stoic, and a killer. It has never yet melted. ~ D.H. Lawrence
The Community Opportunity to Purchase Act (COPA is a recently passed New York City local law
- It gives qualified nonprofits (such as community land trusts or mission-driven organizations, potentially in joint ventures with for-profits) a first opportunity to submit an offer on multifamily residential buildings before they hit the open market.
- In some versions, it includes a right of first refusal** to match third-party offers.
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