N.Y. Public Authorities Law § 1382: Real estate and title thereto

§ 1382. Real estate and title thereto. 1. The authority may lease or

acquire title to real and personal property including water front

property, ferries, bridges, wharf property, land under water, public

landings, wharves and docks in the name of "Ogdensburg port authority"

by purchase, grant or gift from the city of Ogdensburg, state of New

York, United States of America, or from any corporation or individual

for the development of port facilities in the district, and shall have

the power to sell, subject to approval by order of the supreme court,

lease or otherwise dispose of said real property and shall retain and

have the power to use the proceeds of sale, rentals or other moneys

derived from the disposition thereof for its purposes. Any instrument

affecting real property shall be signed by the chairman of the

authority, attested by its secretary and have the seal of the authority

affixed thereto.

2. Authority is hereby conferred upon the city to give, lease, sell,

grant and convey real and personal property including water front

property, ferries, bridges, wharf property, land under water, public

landings, wharves and docks to the authority, with or without

consideration as such city shall determine.

3. The authority shall have power to condemn real property located

within its territorial limits and owned by any person or corporation,

excepting a person or corporation subject to the jurisdiction,

supervision and regulation of the public service commission, which the

authority deems necessary for the development of port facilities in the

district. The authority shall exercise the power of condemnation hereby

granted in the manner provided in the condemnation law.

4. The authority and the city may enter into contracts for the

acquisition by the city or the authority of real property for the

benefit of and in the name of the city for the purpose of widening

existing streets, avenues, parkways, roads or highways or for new

streets, avenues, parkways, roads or highways to port facilities within

the port district, or partly for such purpose and partly for other city

purposes. Such contracts may provide for the work of improvement by the

city. The city may close such streets, avenues, parkways, roads or

highways as may be necessary or convenient.