N.Y. Public Authorities Law Section 555
Selection of site

Notwithstanding any provisions of any other statute, the authority in conjunction with the commissioner of parks of the city or his successor, the commissioner of parks and recreation, and with the approval of the board of estimate of such city and with the separate approval of the mayor thereof, is hereby authorized to select sites in the boroughs of the Bronx and Queens of the city for the Whitestone bridge project and parkways connecting therewith, which sites may be in or through existing public parks, and to select sites for new public parks contiguous to such project or contiguous to the roads, streets, parkways or avenues connecting with such project. A site or sites may be selected for any or all of the aforementioned purposes and thereafter the use thereof shall be allocated by the commissioner of parks and recreation as herein provided. The property so selected solely for such project, not already owned by the city, shall be acquired at the sole expense of the authority in the manner provided for under this title. The property so selected solely for new public parks shall be acquired by the city at its sole expense. The cost of the property so selected for such project, combined with any other aforementioned purposes the use of which is to be thereafter determined, shall be divided between the city and the authority as may be determined by a contract or contracts hereby authorized to be entered into between the city and the authority, subject to the approval of the board of estimate of the city. So much of the sites so selected and acquired or such easements or rights of way therein as may be necessary or convenient for the corporate purposes of the authority may be assigned by the commissioner of parks and recreation of the city to the authority for its use so long as its corporate existence shall continue.

Source: Section 555 — Selection of site, https://www.­nysenate.­gov/legislation/laws/PBA/555 (updated Sep. 22, 2014; accessed Oct. 26, 2024).

550
Short title 551
Definitions 552
Triborough bridge and tunnel authority 552‑A
Consolidation 553
Powers of the authority 553‑A
Additional powers in relation to Brooklyn Richmond project 553‑B
Additional powers and provisions in relation to convention center 553‑C
Additional powers and provisions in relation to railroad and rapid transit projects 553‑D
Special Triborough bridge and tunnel authority special obligation bonds and notes 553‑E
Laws applicable to certain activities 553‑F
Tokens 553‑G
Fire training 553‑H
Tokens 553‑I
Marine Parkway Bridge 553‑J
Additional powers and provisions in relation to central business district tolling program 553‑K
Traffic mobility review board 554
Transfer of officers and employees 555
Selection of site 556
Acquisition of lands by the city for the project 557
Grant of land by the city to the authority 557‑A
Lands, easements and rights in land 558
Consent of state 559
Construction contracts 560
Moneys of the authority 561
Bonds of the authority 562
Redemption of bonds 563
Agreement of the state 564
State and city not liable on bonds 565
Bonds legal investments for fiduciaries 566
Exemptions from taxation 566‑A
Tax contract by the state 567
Remedies of bondholders 568
Continuity of jurisdiction 569
Protection of prior bondholders 569‑A
Actions against the authority 569‑B
Restrictions on signs and billboards 569‑C
Transfer and receipt of surplus funds 569‑D
Protection of bondholders 570
Title not affected if in part unconstitutional or ineffective 571
Inconsistent provisions in other acts superseded
Green check means up to date. Up to date

Accessed:
Oct. 26, 2024

Last modified:
Sep. 22, 2014

§ 555’s source at nysenate​.gov

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