All Promises
KeptHousingUpdated Nov 13, 2026

COPA — Community Opportunity to Purchase Act (nonprofit right of first refusal on distressed buildings)

Signed into law Nov 11-12, 2026 after Oct 23 Council passage. Forces landlords of distressed multifamily properties to offer sale to qualified housing nonprofits before accepting market offers. Adams had vetoed Dec 2025; Mamdani campaigned on signing it. Industry (REBNY, RSA) telegraphs takings-clause lawsuit; ANHD + Cooper Square advocates celebrate. Pairs with Office of Deed Theft Prevention + Mayor's Office to Protect Tenants revitalization as the three-leg tenant-protection bench.