News & Events

As soaring housing costs continue to push New Yorkers out of their neighborhoods and the state, members of the Housing Justice for All and New York City Community Land Initiative coalitions rallied with elected officials, tenants and other advocates on Thursday to demand passage of the Tenant Opportunity to Purchase Act (TOPA) in this year’s state legislative session. The rally followed on the heels of a new Community Service Society poll that found an overwhelming majority of New Yorkers support TOPA Legislation.

A recent report by the New Economy Project has shed light on major disparities in banking practices within New York City, revealing that big banks holding public money have been investing unfairly, particularly leaving neighborhoods of color behind. The nonprofit, along with state and local coalitions, have been actively educating the public on the benefits of public banks.