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October 2016 Updates

Our Structure Is in Place and We Are Preparing to Vet Projects!

We invite all members to join us at our October 26th meeting! Join us in a practical exercise where you will learn how to vet potential projects near you! Also on the agenda:

  • Report backs from committees
  • Update from our legal team
The meeting will be on OCTOBER 26th, 7:00pm-9:00pm, at Fordham University Law School's Leon Lowenstein Center Building, 113 West 60th Street, South Lounge. Click HERE to RSVP and for more info.

Come 10 minutes early or stay 10 minutes late to join or to pay your $10 member fee. Volunteer to help with member sign-up and sign-in! Email with OCT MEETING HELP in the subject line.

Come add your voice to the conversation! Click here to RSVP!
Get Involved!

NOW is the moment to dive back into this remarkable project!

Through a methodical and thoughtful process we have arrived at a legal structure and a decision-making process that reflects our values and is functional. The image below is a diagram of that structure. Click on it to learn more (and see a larger image)!


Upcoming Events
Check Our Calendar

All-Member Meeting!
October 26th, 7:00-9:00pm
113 West 60th Street, South Lounge
Fordham University Law School

We are now positioned to vet projects for investment!  Please write us at with any questions or comments. Plug in to the process of forming our investment cooperative by attending our open meetings, posted on the NYC REIC calendar, and other upcoming WG meetings.

Report-Backs from Committees

Steering Committee

It’s possible to create the alternatives we need when we play with the mechanisms that determine real estate. Your Steering Committee has been working with lawyers from Lincoln Square Legal Services’ (LSLS) Community Economic Development Clinic of Fordham Law School, led by founding member Paula Z. Segal, and at Stroock & Stroock & Lavan LLP, to register with the NYS Attorney General to fundraise for collective real estate investment through the LLC we will incorporate... READ MORE!

Project Vetting

We are following a timeline towards a first investment by May 2017. Our Scoping Criteria (version 8) is a checklist that allows members to test if the investment they have in mind for our cooperative fits our scope. At the All-Member Meeting on Wednesday, October 26th, we will do an exercise on how you can use this checklist to begin vetting a potential project near you...READ MORE!

REIC University

In July, REIC U hosted a film screening and discussion of the documentary Rerooting the Motor City: Notes on a City in Transformation in collaboration with its producers, Paper Tiger Television. The film explores Detroit’s radical history, philosophy, and the ongoing collective efforts to create community control of space and development. After the film, attendees created “problem trees,” exploring core challenges the film raised, their roots, tactics to address them, and outcomes of these tactics. READ MORE!

Art & Media Work-group
We are now working with the generous designers at Topos Graphics to create a new logo, style guide, and all around beautification of the NYC REIC visual identity. If you have ideas about how you think that should look, email READ MORE!

CORB: Community Outreach & Relationship Building Update
The former PBIG: Public Buildings Inventory Group seeks new members with great community organizing skills. We are looking for those who can help us build our community engagement model and educate the membership in best practices in how to reach out to communities and work together with them, in a horizontal, democratic, grassroots way...READ MORE!

Become a Member

There are 4 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 (next chance: June 28, 2016!);
  4. Endeavoring to conduct membership in accordance with the principles of cooperation.
Copyright © 2016 NYC REIC, All rights reserved.

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