Small Property Owners of NY (SPONY) is dedicated to advocating for sound housing policies. Founded 1984 Any other accounts with SPONY are fake accounts.
@ViralNewsNYC to be clear, City Owned is one thing, but tax-free non-profits that own and manage hundreds of units have been getting away with sub-standard housing, some for many yrs. , under the radar, with tenants left suffering, with no help, as the non-profits have POWER to delay fixes.
@ViralNewsNYC We never advocate for unsafe housing, nor abuse of tenants. We also know there are bad actors in this business, as there are in any business community. BUT to leave out non profit bad actors that have tremendous power and influence to DEFER maintenance and violations is unfair
We are with realtors, tenants, and small property owners to oppose the c o p a, 902 b bill, that is slated to be voted on later today by the city council. #stopcopa
https://t.co/REQ57aUk9H thank you Suzanna Miller of the Miller Report with guests
@JimWalden_esq
, SPONY board President
@amkorchak
and Vice President
@lincolneccles1
& Board member
@janccrc
, people need to know the facts about #COPA and why it hurts all NY'ers.
@NYCComptroller@NYCCouncil Brad Lander audited HPD’s handling of #DOCGO and found massive oversight failures and unsupported payments. That is his record. Supporting COPA means asking the public to trust an agency his own office documented as mismanaged!! Millions gone, and now he says to trust HPD ?
@NYCComptroller@NYCCouncil Pass COPA now? In February 2025, Comptroller Brad Lander’s own audit found HPD converted just 16% of buildings since 2012, missed timelines for years, lacked basic tracking systems, and left tenants waiting indefinitely.
Proponents of COPA rely heavily on the belief that nonprofit ownership is synonymous with virtue. It is a comforting belief, and like many comforting beliefs, it collapses under inspection.. There is a peculiar habit in modern municipal governance of mistaking interference for wisdom, and of confusing activity with accomplishment. Numerous nonprofit landlords carry violation counts comparable to, and sometimes exceeding, those of their for-profit counterparts. Oversight is inconsistent. Tenants often discover that a nonprofit landlord is just as capable of ignoring repair requests, and considerably harder to hold accountable. The boiler does not care about tax status.
https://t.co/7OGIH8WuQq In its rush to force private landlords to sell their buildings to nonprofit outfits, the City Council looks to be favoring a new, even-harder-to-control class of slumlords.
The council’s looking to pass The Community Opportunity to Purchase Act in the year’s final weeks, before critical scrutiny exposes COPA’s rank insanity.
The law would grant “qualified” non-profit organizations and tenant associations the right-of-first-refusal to buy multi-family rental buildings when they’re put up for sale, in a scheme that would both delay any possible sale for months and discourage private bids in the first place, since potential buyers would know they could lose the deal at the last minute (among other hidden costs the plan imposes).
COPA is yet another attack on private real-estate ownership in this city.
We’re sliding headfirst into a communist dystopia where the government and their apparatchik developers own all the property, and the rest of us get forced into perpetual rentorship, and this legislation is helping to get us there even quicker.
This is completely unacceptable!
“We view this effort as a deeply unfair burden on small property owners that risks putting us in even greater financial risk,” Korchak said @TheRealSPONY
https://t.co/YHgie3Weyf