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NY City Council votes 38 to 9 to enact Socialism on Real Estate sales…

Posted on 10/24/26 at 8:38 am
Posted by Placekicker
Florida
Member since Jan 2016
14841 posts
Posted on 10/24/26 at 8:38 am


The NYC Council just voted to put nonprofits at the FRONT of the line when you sell your own building.

The vote was 38 to 9.

When an owner of a covered building decides to sell, city-certified nonprofits get 20 days to say they're interested and 70 more to make an offer.

That's 90 days of the government picking who gets first shot at YOUR property.

Even after that, the nonprofit can come back and MATCH any outside offer you get.

About 2,100 buildings are covered, and Mayor Zohran Mamdani has pledged to sign it.

None of this should surprise anyone. Back in 2021, Mamdani called for the "full de-commodification" of housing.

He told you exactly what he believed. Now he's doing it.
You bought it. You paid for it. You carry the costs.

But in Mamdani's New York, City Hall decides who gets to buy it.

That's not housing policy. That's SOCIALISM
Posted by FredBear
Georgia
Member since Aug 2017
17806 posts
Posted on 10/24/26 at 8:42 am to
They voted for it. They got it. Sucks to be them
Posted by Rip Torner
Member since Jul 2023
4035 posts
Posted on 10/24/26 at 8:44 am to
The Democrat Party in action. It’s a shame we can’t deport them
Posted by mauser
Orange Beach
Member since Nov 2008
28186 posts
Posted on 10/24/26 at 8:45 am to
What is a covered building?
Posted by LSUtoBOOT
Member since Aug 2012
21863 posts
Posted on 10/24/26 at 8:47 am to
Last patriot out turns out the lights.
Posted by Tigersforthee
Member since Dec 2025
756 posts
Posted on 10/24/26 at 8:50 am to
And since we now know these nonprofits are actually funded by the govt this is basically a backdoor for the govt to force you to sell to it.
Posted by Nosevens
Member since Apr 2019
21183 posts
Posted on 10/24/26 at 8:53 am to
Sounds like they are lining up specific groups of questionable entities
Posted by fwtex
Member since Nov 2019
3573 posts
Posted on 10/24/26 at 8:54 am to
The workaround for building owners is to incorporate the buildings and then sell the corporation that owns the building.
Posted by TrueTiger
Chicken's most valuable
Member since Sep 2004
84857 posts
Posted on 10/24/26 at 8:56 am to
With communist, expect communism.
Posted by Placekicker
Florida
Member since Jan 2016
14841 posts
Posted on 10/24/26 at 8:58 am to
quote:

With communist, expect communism.


True. The Left has shown us who they are through what happened after the elections in Virginia and NYC.

They will enact this on a national scale if they win.
Posted by RollTide1987
Baltimore, MD
Member since Nov 2009
72291 posts
Posted on 10/24/26 at 8:58 am to
quote:

He told you exactly what he believed. Now he's doing it.
You bought it. You paid for it. You carry the costs.

But in Mamdani's New York, City Hall decides who gets to buy it.



This is what NYC voted for.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20782 posts
Posted on 10/24/26 at 9:02 am to
quote:

When an owner of a covered building decides to sell, city-certified nonprofits get 20 days to say they're interested and 70 more to make an offer.

So if someone gets an offer on day 1 over asking price then have to wait up to 70 to get a competing offer? This sounds insane.
Posted by Placekicker
Florida
Member since Jan 2016
14841 posts
Posted on 10/24/26 at 9:04 am to
quote:

So if someone gets an offer on day 1 over asking price then have to wait up to 70 to get a competing offer? This sounds insane.


That’s Socialism…

Scary that the people of New York voted for this
Posted by Rip Torner
Member since Jul 2023
4035 posts
Posted on 10/24/26 at 9:05 am to
Those are your people, congrats!
Posted by VOR
New Orleans
Member since Apr 2009
70060 posts
Posted on 10/24/26 at 9:07 am to
That really doesn’t fit the true definition of socialism even if you think it’s bad policy

Posted by Placekicker
Florida
Member since Jan 2016
14841 posts
Posted on 10/24/26 at 9:12 am to
quote:

That really doesn’t fit the true definition of socialism even if you think it’s bad policy


The government is controlling the sale of the building. What would you call it?
Posted by CleverUserName
Member since Oct 2016
18501 posts
Posted on 10/24/26 at 9:13 am to
They wanted this. They should be rejoicing in the streets.
Posted by HagaDaga
Member since Oct 2020
9051 posts
Posted on 10/24/26 at 9:28 am to
What's the difference between doing this and giving only White men first refusal??

They also banned horse buggy rides. Fricking scummy Democrats, islamx and foreigners destroying NYC. Crazy Trump of all people in the WH is being quiet about all of this.
Posted by rtr72
Alabama
Member since Aug 2011
1035 posts
Posted on 10/24/26 at 9:31 am to
What's scary is this will spread like the disease it is
Posted by tigersmanager
Member since Jun 2010
12391 posts
Posted on 10/24/26 at 9:35 am to
just crazy
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