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A D.C. law puts tenants first in line to buy their building. But here's why it doesn't often work out - Vimarsana News

A D.C. law puts tenants first in line to buy their building. But here's why it doesn't often work out

Washington, D.C. is one of a few U.S. cities with a law giving tenant associations the first chance to buy their building if it goes up for sale. Next City took a closer look at how the law could be transformative but also difficult to implement.

The Unfulfilled Potential Of DC's 'Tenant Opportunity To Purchase' Law - Vimarsana News

The Unfulfilled Potential Of DC's 'Tenant Opportunity To Purchase' Law

Washington, D.C. is one of a few U.S. cities with a TOPA law, giving tenant associations the first chance to buy their building if it goes up for sale. The law could be transformative – but a lack of investment has stunted its potential.