COPA Update: Mayor Adams’ Veto Slows Legislation’s Momentum
This blog was prepared with the assistance of Gwendolyn Goodyear, a law clerk at Cole Schotz.
Mayor Eric Adams ended his term by vetoing the Community Opportunity to Purchase Act (COPA), pausing the legislation’s progress for now. The incoming New York City Council may still override the veto with a two-thirds majority vote. If COPA is enacted, the true impact of the legislation will depend upon New York City Department of Housing and Development’s enforcement.
We are continuing to monitor all legislative updates. For more information on the Community Opportunity to Purchase Act, please click here for our prior blog post dated December 23, 2025 describing COPA in detail.
Source: New York City Council, Statement from New York City Council Speaker Adrienne Adamas on Mayor Adams’ Vetoes of Legislation to Increase Affordability and Opportunity for New Yorkers, Improve Public Safety, and Advance Good Government (Dec. 31, 2025)
As the law continues to evolve on these matters, please note that this article is current as of date and time of publication and may not reflect subsequent developments. The content and interpretation of the issues addressed herein is subject to change. Cole Schotz P.C. disclaims any and all liability with respect to actions taken or not taken based on any or all of the contents of this publication to the fullest extent permitted by law. This is for general informational purposes and does not constitute legal advice or create an attorney-client relationship. Do not act or refrain from acting upon the information contained in this publication without obtaining legal, financial and tax advice. For further information, please do not hesitate to reach out to your firm contact or to any of the attorneys listed in this publication. No aspect of this advertisement has been approved by the highest court in any state.
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