The REIC leverages member-owners’ investments to purchase properties and to make improvements in properties it owns. Consistent with the principles and spirit of the cooperative movement, the REIC makes long-term, stabilizing, and transformative investments for the mutual benefit of our members and our community.
Prompted by interest on a FB thread, this survey was started on March 3rd and this exploration is currently being convened by Paula Z. Segal of 596Acres.org and Caroline Woolard of OurGoods.org, TradeSchool.coop/story, NYCTBD.com, and BFAMFAPhD.com. After 200 members in NYC joined our REIC on April 28th, we began facilitating a process to form a core group and working groups to will this initiative forward. Feel free to email us! carolinewoolard at gmail dot com and paula at 596acres dot org.
Our first REIC member meeting will be on Thursday, May 28th, from 6-8:30pm (location TBD). Please RSVP to info [at] nyctbd [dot] com so we know you are coming, and spread the word about the event! See more at: https://www.facebook.com/groups/REIC4NYC/