N.Y. Real Property Tax Law § 404: State of New York

§ 404. State of New York. 1. Real property owned by the state of

New York or any department or agency thereof, including but not limited

to real property described in subdivisions two and three of this

section, whether heretofore or hereafter acquired or constructed, is and

shall be deemed to have been and to be exempt from taxation and exempt

from special ad valorem levies and special assessments to the extent

provided in section four hundred ninety of this chapter, except as

otherwise provided in title two of article five of this chapter.

2. Real property owned by the New York state employees' retirement

system acquired or constructed pursuant to subdivision h of section

thirteen of the retirement and social security law shall be exempt from

taxation.

3. Real property owned by the New York state teachers' retirement

system acquired or constructed pursuant to subdivision eight of section

five hundred eight of the education law shall be exempt from taxation.