A Real Estate Investment Cooperative for NYC

Caroline Woolard
Mar 11, 2015 · 5 min read
  1. Support the creation of community land trusts, so that land purchased by real estate investment cooperatives can be preserved for its use value in perpetuity. Integrate worker cooperatives and shared ownership across the cities economic development infrastructure, as urged by the Democracy at Work Initiative, by creating a Mayors office of Economic Inclusion, tasked with integrating shared entrepreneurship and ownership, including worker cooperatives, housing cooperatives and land trusts, into economic policy and programs across the city administration.
  2. Where we already have space we hold in common, prioritize making that space perpetually responsive to the needs of our innovative and risk-loving communities. Transfer vacant city-owned land and buildings that have been sitting unused in our municipal portfolios waiting for development for decades to community land trusts.

    Caroline Woolard

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