N.Y. Private Housing Finance Law § 507: Condemnation certificate of commissioner

§ 507. Condemnation certificate of commissioner. The power of

condemnation shall not be exercised by a housing company, except with

the authorization of such action by the commissioner, which

authorization shall be in the form of a certificate declaring that the

acquisition of the property is necessary for the construction of a

project and that the acquisition is in the public interest and necessary

for the public use. Such certificate shall be issued only after a public

hearing. The certificate shall state the nature of the interest to be

acquired.