N.Y. Real Property Tax Law § 995: Collection of taxes and special assessments from a municipal corporation

§ 995. Collection of taxes and special assessments from a municipal

corporation. Real property owned by a municipal corporation shall not

be sold or conveyed by foreclosure or otherwise for the nonpayment of

any tax or special assessment. Any tax or special assessment validly

levied or charged against real property owned by a municipal corporation

shall be paid in the same manner as a general municipal charge. If any

such tax or special assessment remains unpaid for more than sixty days

after demand therefor in writing has been filed with the chief executive

officer or clerk of such municipal corporation, payment may be enforced

by a proceeding brought pursuant to article seventy-eight of the civil

practice law and rules. If the municipal corporation owning the real

property determines that the value thereof is insufficient to justify

payment of the tax or special assessment levied thereon, in lieu of

payment it may consent to an order directing sale of the property at

public auction on such notice as the court may order to satisfy the

claim.