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On November 10, 2026, Mayor Zohran Mamdani signed the Community Opportunity to Purchase Act, which prioritizes nonprofits in acquiring distressed residential properties in New York City. This marks the second bill signed by Mamdani during his tenure.
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On November 10, 2026, Mayor Zohran Mamdani signed the Community Opportunity to Purchase Act, which prioritizes nonprofits in acquiring distressed residential properties in New York City. This marks the second bill signed by Mamdani during his tenure.
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Mamdani signs law giving nonprofits first dibs to buy distressed NYC properties
Mayor Mamdani signs law prioritizing nonprofits for distressed NYC properties