In the News
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The City Reporter: East New York Residents Try Buying Back Their Neighborhood, One Lot At a Time
Debra Ack beamed with pride as she looked at the two-story brown brick warehouse on Jamaica Avenue in East New York.
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Hoodline: East New York Land Trust Buys Warehouse, Aims To Reclaim Block From Market
A century-old warehouse on Jamaica Avenue is getting a new life as the East Brooklyn Liberation Center, after the East New York Community Land Trust closed on a $2.3 million purchase of the 9,500-square-foot building this year. The two-story structure will house the land trust’s main office, space for local organizations, businesses and worker co-ops,…
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The Riverdale Press: COPA Housing Bill Draws Support and Skepticism Ahead of NYC Council Hearing
Dozens of advocates rallied Aug. 13 near City Hall for “COPA Cabana” — a beach-themed event to urge the passage of a controversial housing bill called the Community Opportunity to Purchase Act — ahead of the New York City Council’s Sept. 9 hearing.
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The Village View: Community Opportunity to Purchase Act – What it is, Where it Started, and it’s Current Momentum
The Community Opportunity to Purchase Act (COPA) is a bill designed to give qualified non-profits the opportunity to bid on a multi-family apartment building of four or more rental units when a landlord decides to sell. These qualified entities would have 20 days to submit a statement of interest, and then a bona fide offer…
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Public News Service: NY, US Consumer Coalition Works to Rein in Payday Lenders
Consumer rights groups in New York and across the country are organizing against payday lenders and paycheck advance apps they said are evading state lending laws.
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Consumer Groups Team up to Battle EWA Lobby
The House Financial Services Committee passed earned wage access legislation in a largely party-line vote, as well as a number of other bills in a multiday markup session ahead of the July 4 recess.
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City Limits: As COPA Makes a Comeback, What Does it Mean for Land to be Communally Owned?
The Community Opportunity to Purchase Act (COPA) has risen from the ashes, and aims to give a boost to nonprofit organizations that promote community ownership—including community land trusts, which allow land to be directly owned by members.
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Brick Underground: Community Opportunity to Purchase Act has a Good Chance of Passing Under Mamdani
Last month, New York City Council Member Sandy Nurse revived legislation that would allow certain nonprofits and community land trusts a first shot at buying struggling multifamily properties—and this time, the mayor is in favor of the bill.
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Next City: A Community Land Trust Is Purchasing Commercial Property in NYC for the First Time
New York City’s growing community land trust movement will hit a new milestone next month, as the East New York Community Land Trust is set to become the first in city history to purchase a commercial property off the private market.
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Next City: A South Bronx Health Center Will Rise Again, Thanks to Local Organizers
The empty, worn-down building at 349 East 40th Street in the South Bronx has had many lives.