N.Y. Economic Development Law Section 12
Technical assistance to municipalities related to college and university closures

The department shall provide to any municipality, upon request, technical assistance in the event of a college or university closing in such municipality, on topics including but not limited to:

1.

workforce transition and development;

2.

attracting new employers and economic opportunities;

3.

developing plans for the land and buildings formerly occupied by such college or university; and

4.

recommendations and planning assistance for dealing with creditors and other entities having a financial interest in such college or university’s assets located in such municipality, provided, however, that the state shall not become a party to any legal proceedings pursuant to this section.

Source: Section 12 — Technical assistance to municipalities related to college and university closures, https://www.­nysenate.­gov/legislation/laws/COM/12 (updated Apr. 3, 2026; accessed Jun. 18, 2026).

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Verified:
Jun. 18, 2026

Last modified:
Apr. 3, 2026

§ 12. Tech. assistance to municipalities related to college & university closures's source at nysenate​.gov

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