Progressive pols press NYC Council to prioritize nonprofit housing ownership

By Max Parrott

Posted on February 24, 2023

Progressive City Council members have renewed their push for legislation aimed at reducing housing speculation by giving nonprofits and community land trusts priority on purchasing housing that come up for sale.

The group of lawmakers, including Council Housing Chair Pierina Sanchez, Comptroller Brad Lander, and City Council Members Lincoln Restler and Gale Brewer, rallied on the steps of City Hall Thursday with New York City Community Land Initiative and other housing groups.