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New York · Through 2026-09-11

N.Y. Urban development research corporation act 173/68 § 11: Acquisition of real property acquired by a municipality or urban renewal agency

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  1. Urban development research corporation act 173/68

§ 11. Acquisition of real property acquired by a municipality or urban

renewal agency. Notwithstanding anything to the contrary contained in

article fifteen or article fifteen-a of the general municipal law or in

any general, special or local law applicable to the sale of real

property by a municipality or an urban renewal agency, a municipality or

an urban renewal agency may, in addition to employing any other lawful

method of utilizing or disposing of any real property and appurtenances

thereto or any interest therein owned by such municipality or urban

renewal agency or acquired by such municipality or urban renewal agency

pursuant to article fifteen or article fifteen-a of the general

municipal law, sell, lease for a term not exceeding ninety-nine years,

or otherwise dispose of any such real property and appurtenances thereto

or any interest therein to the corporation for the effectuation of any

of the purposes of an urban renewal program, without public auction, or

sealed bids or public notice.

Collected 2026-09-14T19:32:45Z. Source file · JSON

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