N.Y. Public Authorities Law § 2799-bbbb: Definitions

§ 2799-bbbb. Definitions. As used in this title, the following terms

shall have the following meanings:

1. "City" shall mean the city of New York;

2. "Commissioner" shall mean the commissioner of homes and community

renewal;

3. "Corporation" shall mean the Roosevelt Island operating corporation

created by this section;

4. "Development subleases" shall mean (a) the sublease dated August

first, nineteen hundred eighty between the urban development corporation

and the city, (b) the ground lease, dated October thirtieth, nineteen

hundred seventy-two, between the urban development corporation and North

Town Phase II Houses, Inc., (c) the ground lease, dated April

twenty-fifth, nineteen hundred seventy-three, between the urban

development corporation and North Town Phase III Houses, Inc., (d) the

restated ground lease, dated November thirtieth, nineteen hundred

seventy-seven, between the urban development corporation and Rivercross

Tenants' Corporation, (e) the ground lease between the corporation and

Manhattan Park dated August fourth, nineteen hundred eighty six, (f) the

ground lease between the corporation and related and Hudson Companies

dated December twenty-first, two thousand one, and (g) the sublease

between the corporation and MEPT Octagon, LLC dated November third, two

thousand four;

5. "Division" shall mean the New York state division of housing and

community renewal;

6. "Lease" shall mean the lease, dated December twenty-third, nineteen

hundred sixty-nine, as heretofore or hereafter amended, among the city

of New York, the New York state urban development corporation and the

Roosevelt Island development corporation, pursuant to which the city

leased substantially all of Roosevelt Island to the New York state urban

development corporation for development substantially in accordance with

the development plan referred to therein;

7. "Roosevelt Island" shall mean the island located in the east river,

city and county of New York, extending from approximately fiftieth

street to eighty-sixth street in Manhattan;

8. "Safe affordable housing for everyone, inc." shall mean the New

York corporation organized under article six-A of the private housing

finance law and under the supervision and control of the commissioner;

9. "Tramway franchise" shall mean the franchise for the Roosevelt

Island tramway granted by the city to the urban development corporation

on February nineteenth, nineteen hundred seventy-four; and

10. "Urban development corporation" shall mean the New York state

urban development corporation and any successor agency.