New York City affordable housing legislation would prioritize nonprofits in purchasing multifamily properties.
New Bill Creates Controversy Over Property Rights in NYC A significant faction of the City Council, leaning far-left, is facing accusations of driving New York City into a “communist dystopia.” The proposed legislation could impose heavy fines—up to $30,000—on property owners who resist its requirements. Known as the “Community Opportunity Purchase Act” (COPA), this bill […]
6 ways to buy multifamily property affordably
Real Estate Investors Focus on Multifamily Properties An apartment complex typically consists of a single building divided into multiple units for families to live independently. This includes structures like duplexes, triplexes, and fourplexes. Real estate investors are increasingly interested in multifamily properties, particularly looking ahead to 2025. As Josh Lupo, who invests in upstate New […]