N.Y. Correction Law § 89-k: Termination of operation agreement

§ 89-k. Termination of operation agreement. At the termination of the

operation agreement as to either or both alternate correctional

facilities, the department shall have an exclusive option to purchase,

from the city of New York, the facility or facilities for which the

operation agreement has terminated, at a fair market value price or

prices which shall be negotiated by the state office of general services

and the city of New York. The duration of the state's option to purchase

shall commence on the date notice is received from the city of New York

of its intent to terminate such agreement and shall continue for a

period of six months or until the next succeeding April first, whichever

is longer. Such option to purchase shall be deemed exercised upon

execution of an agreement to purchase. Notwithstanding any other

provision of law, these facilities shall not be operated as correctional

facilities except by the department.