ATTORNEY GENERAL APPROVES NYC REIC
Happy new year! We have great news:
We now have approval from the New York State Attorney General Real Estate Bureau to collect money from members and use it for real estate investment. Here is our application and the approval. Join now so you can shape and invest in our first project. Members will be endorsing specific projects for investment at the upcoming 2018 all-member meeting.
Do you know a place we should work together to secure for community use? Suggest a project.
Board Elections of the NYC Real Estate Investment Cooperative are coming up in Spring 2018. Nominate yourself or someone you know!
BECOME A MEMBER
We are working together to secure permanently affordable space for civic, cultural, and cooperative use in NYC. We are incubating a NYC Real Estate Investment Cooperative (NYC REIC) that leverages the political power and patient investments of members to stabilize neighborhoods and build an inclusive, resilient city. The NYC REIC became a New York State Not for Profit Corporation. You can see our Certificate of Incorporation and current bylaws.
There are four requirements for active membership in NYC REIC:
1. Reading and signing the member agreement
2. Contributing a membership fee of $10
3. Attending a quarterly All-Member NYC REIC meeting
4. Endeavoring to conduct membership in accordance with the principles of cooperation