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Council advances tax-lien reforms and municipal land bank proposals
New York City Council · December 19, 2025
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Summary
Council members advanced a package of tax-lien reforms and a proposed municipal land bank intended to prioritize community ownership and avoid displacement, including reporting requirements and restrictions on purchasers of tax liens.
Council members described a multi-bill package intended to reform tax-lien sales and establish a municipal land bank to prioritize community reuse over sales to private trusts.
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