N.Y. General Municipal Law § 74-c: Taking of billboards

§ 74-c. Taking of billboards. 1. If any local law, ordinance or

resolution adopted by a municipal corporation in the exercise of its

police power shall require the removal of any legally erected and

maintained billboard or like outdoor advertising device, which is leased

or rented for profit in areas zoned industrial or manufacturing, just

compensation for said taking shall be determined in accordance with the

provisions of article five of the eminent domain procedure law;

provided, however, section five hundred two of such law shall not be

applicable in any such proceeding.

2. Unless compensation therefor is provided pursuant to section

eighty-eight of the highway law, if any local law, ordinance or

resolution adopted by a municipal corporation in the exercise of its

police power shall require the removal of any legally erected and

maintained billboard or like outdoor advertising device, which is leased

or rented for profit, and which is located in an area or zone, other

than an industrial or manufacturing zone, the display shall be allowed

to remain in existence for the period of time set forth below after

giving notice of the removal requirement:

fair market value on date of minimum years

notice of removal requirement allowed

under $1,999 3

$2,000 to $3,999 4

$4,000 to $5,999 6

$6,000 to $7,999 7

$8,000 to $9,999 9

$10,000 and over 10

If the removal is required sooner than the amortization periods

specified herein, such removal by any local law, ordinance or resolution

adopted by the municipal corporation shall be with just compensation

being paid for such taking and removal determined in accordance with the

provisions of article five of the eminent domain procedure law or in

accordance with any table of values established by the state department

of transportation; provided however section five hundred two of the

eminent domain procedure law shall not be applicable to any such

proceeding.

Notwithstanding any other law, rule or regulation, all amortization

periods under such laws, ordinances or resolutions shall commence not

earlier than January first, nineteen hundred ninety.

3. The provisions of this section shall not apply to any city having a

population of one million or more.