N.Y. Real Property Tax Law § 562: Certain property used or occupied by a railroad

§ 562. Certain property used or occupied by a railroad.

Notwithstanding the provisions of this chapter or any other law, real

property used or occupied by a railroad for purposes of railroad

operation, title to which is in the state of New York or in any

municipal corporation thereof under any of the grade crossing

elimination acts, shall be deemed property of the railroad for purposes

of taxation and shall be assessed and taxed in the same manner and to

the same extent as if such railroad were the owner thereof.