This Real Estate Investment Collective is 300 Plus Members and Growing.
Oct 23, 2015
This group of cooperative real estate investors, NYCREIC, have the ultimate community spirit and love for New York. We recently heard about the NYC Real Estate Investment Coop and were amazed to learn that since their first meeting in May of this year they’ve received 1.3 million dollars in pledges for future investments. Here’s a little blurb about them:
The NYC Real Estate Investment Cooperative (NYC REIC) is a group of over 300 New Yorkers who are pooling their money and power to secure space for community, small business, and cultural use in NYC.
Consistent with the principles and spirit of the cooperative movement, NYC REIC makes long-term, stabilizing, and transformative investments for the mutual benefit of our member-owners and our community.
To learn more about this group read this great piece on The Village Voice and check out their website.