N.Y. Public Authorities Law Section 557
Grant of land by the city to the authority


The city shall have power and authority by resolution of the board of estimate of the city to assign to the authority, without consideration, any land owned by the city on the seventh day of April, nineteen hundred thirty-three, or thereafter acquired by it, needed or convenient for the project, including lands released or to be released by the state to the city pursuant to chapter three hundred seventy-nine of the laws of nineteen hundred twenty-nine as amended.

Source: Section 557 — Grant of land by the city to the authority, https://www.­nysenate.­gov/legislation/laws/PBA/557 (updated Sep. 22, 2014; accessed Jun. 15, 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Inconsistent provisions in other acts superseded

Accessed:
Jun. 15, 2024

Last modified:
Sep. 22, 2014

§ 557’s source at nysenate​.gov

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