N.Y. Public Authorities Law § 2052-i: Exemption from taxes, assessments and certain fees

§ 2052-i. Exemption from taxes, assessments and certain fees. It is

hereby determined that the creation of the authority and the carrying

out of its corporate purposes is in all respects for the benefit of the

people of the county and the state and is a public purpose and the

authority shall be regarded as performing a governmental function in the

exercise of the powers conferred upon it by this title and shall not be

required to pay any taxes, special ad valorem levies or special

assessments upon any property owned by it or under its jurisdiction,

control or supervision or upon its activities or any filing, recording

or transfer fees or taxes in relation to instruments filed, recorded or

transferred by it or on its behalf.