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Mamdani Hands Nonprofits First Crack At Buying Troubled NYC Apartment Buildings

Mamdani Hands Nonprofits First Crack At Buying Troubled NYC Apartment Buildings Authored by AG News Staff via American Greatness,New York City Mayor Zohran Mamdani has signed a law giving nonprofits and community groups the first chance to buy certain apartment buildings before they reach the private market.Mamdani signed the Community Opportunity to Purchase Act, known as COPA, on Tuesday. According to a press release from the mayor's office, the law gives "qualified nonprofits and community groups the first opportunity to purchase certain multifamily buildings."Under the law, the city's Department of...
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May 26, 2026 / Tyler Durden
Iraq's Oil Collapse Sparks Race For New Export Routes
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Jun 16, 2026 / Tyler Durden
Trump Calls On Putin To Reach Deal With Ukraine After Zelenskyy Meeting
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Apr 29, 2026 / Tyler Durden
Gabe Plotkin Plans ETF Comeback After Melvin Capital Collapse
Gabe Plotkin Plans ETF Comeback After Melvin Capital Collapse After closing his hedge fund in the aftermath of the meme-stock upheaval, Gabe Plotkin is exploring a new investment structure, according to Bloomberg. He’s looking to place a portion of his personal holdings into an exchange-traded fund, using a method that has become increasingly attractive for wealthy investors seeking to postpone capital gains taxes. As co-chair of the Charlotte Hornets, Plotkin is expected to contribute most of the starting assets for a proposed vehicle called the Snowball ETF, according to people familiar with...
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