N.Y. Environmental Conservation Law § 54-0909: Restriction on alienation

§ 54-0909. Restriction on alienation.

1. Real property acquired, developed, improved, restored or

rehabilitated by or through a municipality pursuant to paragraph a of

subdivision four of section 54-0903 of this title or undertaken by or on

behalf of the city of New York with funds made available pursuant to

this title shall not be sold, leased, exchanged, donated or otherwise

disposed of or used for other than public park purposes without the

express authority of an act of the legislature, which shall provide for

the substitution of other lands of equal environmental value and fair

market value and reasonably equivalent usefulness and location to those

to be discontinued, sold or disposed of, and such other requirements as

shall be approved by the commissioner.

2. Real property acquired by a not-for-profit organization with funds

made available pursuant to paragraph b of subdivision four of section

54-0903 of this title shall not be used in violation of an agreement

entered into pursuant to the provisions of paragraph b of subdivision

two of section 54-0907 of this title, or sold, leased, exchanged,

donated or otherwise disposed of without the express authority of an act

of the legislature.