Inside NYC’s COPA Bill: A Simple Walkthrough of the Law, With Sources You Can Check
1. What is COPA? New York City’s Community Opportunity to Purchase Act (COPA) is a proposed local law in the City Council, officially Intro 902-2024. According to the Council’s own summary, the bill would: give certain qualified entities (nonprofits, community land trusts, etc.) a first opportunity to purchase certain residential buildings and a chance to…