Brief
As New York City’s COPA Program Returns, There’s an Opportunity to Do It Better
New York City’s legislators are again considering the Community Opportunity to Purchase Act, premised on the fantasy that government can preserve low-cost housing by giving favored organizations an op
Summary
New York City’s legislators are again considering the Community Opportunity to Purchase Act, premised on the fantasy that government can preserve low-cost housing by giving favored organizations an opportunity to buy available buildings at market prices.
COPA would apply only to multifamily rental buildings that have too many violations, participate in a city remedial program, […]
Source
- Commercial Observercommercialobserver.com
