N.Y. General Obligations Law § 5-325: Garages and parking places

§ 5-325. Garages and parking places. 1. No person who conducts or

maintains for hire or other consideration a garage, parking lot or other

similar place which has the capacity for the housing, storage, parking,

repair or servicing of four or more motor vehicles, as defined by the

vehicle and traffic law, may exempt himself from liability for damages

for injury to person or property resulting from the negligence of such

person, his agents or employees, in the operation of any such vehicle,

or in its housing, storage, parking, repair or servicing, or in the

conduct or maintenance of such garage, parking lot or other similar

place, and, except as hereinafter provided, any agreement so exempting

such person shall be void.

2. Damages for loss or injury to property may be limited by a

provision in the storage agreement limiting the liability in case of

loss or damage by theft, fire or explosion and setting forth a specific

liability per vehicle, which shall in no event be less than twenty-five

thousand dollars, beyond which the person owning or operating such

garage or lot shall not be liable; provided, however, that such

liability may on request of the person delivering such vehicle be

increased, in which event increased rates may be charged based on such

increased liability.