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Almost six years after the first version of the Community Opportunity to Purchase Act (COPA) was first put forward, New York City council members successfully passed the bill during one of their final meetings of 2025.
At a rally prior to passage of the Community Opportunity to Purchase Act on Thursday, our Deyanira Del Río spoke with Pix 11 about the bill’s potential.
A story about austerity, political discipline, and a vision of public finance that New York abandoned just when it needed it most.
The New York City Community Land Initiative (NYCCLI), a coalition cofounded by New Economy Project, Picture the Homeless, and other groups in 2013, has spearheaded the growth of the local CLT movement.
Housing preservation groups could be first in line to buy troubled apartment buildings when they go up for sale under a City Council bill updated Monday to address pushback.
Over five years after it was first proposed, the Community Opportunity to Purchase Act (COPA) is expected to pass the City Council before the end of the year.
New legislation could accelerate a growing movement of tenants who refuse to be at the mercy of developers and want to take ownership of their communities’ resources.
Our Associate Director Andy Morrison speaks to More Perfect Union about a new breed or predatory lenders – so called Earned Wage Access apps.
Many sewer service victims aren’t aware if their servers have been disciplined or found to be engaging in misconduct “because there’s no way to track every case that server worked on,” said attorney Elena Rodriguez, who helps clients with sewer service cases at the nonprofit New Economy Project. Sewer service is particularly widespread in the…
New York Times — The number of bank branches in New York City dropped nearly 20 percent from 2015 to 2024, according to the New Economy Project, an advocacy group. In 2018, as the drop was underway, neighborhoods with largely Black and Hispanic residents averaged just one branch per 10,000 people, according to the group.…