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Wednesday, November 11, 2026
NYC Mayor Zohran Mamdani (D) signed a landmark bill banning predatory investors from buying distressed NYC residential buildings. The Community Opportunity to Purchase Act (COPA) is intended to keep housing out of the hands of predatory investors. Nonprofit owners are more likely to keep housing affordable and take care of tenants. The bill is part of a nationwide response to high housing costs, with cities and states trying to assert more control over corporate landlords and the housing market. Last year, good-for-nothing NYC Mayor Eric Adams vetoed a version of it. In Nov 2021, NYS Assemblyman Zohran Mamdani went on a hunger strike in solidarity with taxi drivers while NYS Governor Andrew Cuomo (D) was stuffing his face with calzones and fending off charges of sexual harassment and lying about COVID deaths in NYS. This past April, His Honor declined a personal meeting with King Charles III, but happily rode the subway with the Irish PM during UNGA. |
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