
Mamdani signs law giving nonprofits first dibs to buy distressed NYC properties #shorts
Mayor Zohran Mamdani signed a controversial law Tuesday that gives nonprofits first dibs at buying distressed residential buildings in the Big Apple.
Hizzoner put his John Hancock on the Community Opportunity to Purchase Act — only the second bill he’s signed in the 11 months since he took office — after the City Council quietly resurrected a watered-down version of the bill last month.
The “COPA” law will affect about 2,100 properties across the five boroughs, officials said at a Brooklyn news conference outside a Cypress Hills housing development.
Read more at https://nypost.com/2026/11/10/us-news/mamdani-signs-law-giving-nonprofits-first-dibs-to-buy-distressed-nyc-properties/
#copa #mamdani #nyc
The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more.
Check out our newest podcasts:
Pod Force One with MIranda Devine (weekly): https://www.youtube.com/@PodForce1
Virtual Reali-Tea (daily):
https://www.youtube.com/@virtualrealitea
Schein Time (daily):
https://www.youtube.com/@ScheinTime
Catch the latest news at http://www.nypost.com.
Follow The New York Post on:
Twitter - https://twitter.com/nypost
Facebook - https://www.facebook.com/NYPost
Hizzoner put his John Hancock on the Community Opportunity to Purchase Act — only the second bill he’s signed in the 11 months since he took office — after the City Council quietly resurrected a watered-down version of the bill last month.
The “COPA” law will affect about 2,100 properties across the five boroughs, officials said at a Brooklyn news conference outside a Cypress Hills housing development.
Read more at https://nypost.com/2026/11/10/us-news/mamdani-signs-law-giving-nonprofits-first-dibs-to-buy-distressed-nyc-properties/
#copa #mamdani #nyc
The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more.
Check out our newest podcasts:
Pod Force One with MIranda Devine (weekly): https://www.youtube.com/@PodForce1
Virtual Reali-Tea (daily):
https://www.youtube.com/@virtualrealitea
Schein Time (daily):
https://www.youtube.com/@ScheinTime
Catch the latest news at http://www.nypost.com.
Follow The New York Post on:
Twitter - https://twitter.com/nypost
Facebook - https://www.facebook.com/NYPost
New York Post
The New York Post is your source for breaking news, news about New York, sports, business, entertainment, opinion, real estate, culture, fashion, and more....