Firm Wire items are announcements made by the firms themselves. The desk confirms that the announcement was published and reproduces its factual content. It does not verify the claims in it, and publication is not an endorsement.
Cole Schotz says it published an update on New York City’s revised COPA bill
Cole Schotz said it published an update by Jordan Metzger on New York City’s revised Community Opportunity to Purchase Act bill. The firm’s article examined the measure passed by the City Council, describing its proposed property-sale procedures and the changes affecting owners and prospective buyers.
Key points
- Cole Schotz’s update said the council passed the revised measure on October 22.Cole Schotz
- The firm’s article said mayoral signature was still expected.Cole Schotz
- Cole Schotz’s update discussed notice periods and rights of first refusal.Cole Schotz
- The firm’s article examined narrowed property coverage, exemptions and hardship provisions.Cole Schotz