COPA limbo: Will the mayor veto controversial housing bills? 

by The Real Deal

The mayor thinks the Community Opportunity to Purchase Act is “shortsighted.” That was the term a City Hall spokesperson used to describe the bill, along with various housing bills approved by the City Council on Thursday.  “Fortunately, Mayor Adams is in office until December 31 and we will be reviewing our next steps regarding the bills passed today,” the spokesperson, Fabien Levy, said in a statement.   For landlords and brokers, this offers a glimmer of hope that the mayor could veto COPA, a measure they say is an unfair intrusion into private deals that could deter investment, delay closings and […] This article originally appeared on The Real Deal. Click here to read the full story.
Christopher Greco

Christopher Greco

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