Mamdani signs law giving nonprofits first dibs to buy distressed NYC properties

· NY Post

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...

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