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Home » US Law » 2022 New York Laws » Consolidated Laws » EDN - Education » Title 7 - State and City Colleges and Institutions-Cornell University » Article 125-B - City University Construction Fund » 6277 – Authority of City to Convey Real Property and Grant Consents to Dormitory Authority.
§ 6277. Authority  of  city to convey real property and grant consents
to dormitory authority.   (a)  Notwithstanding  the  provisions  of  any
general,  special or local law, charter or ordinance to the contrary, on
request of the fund and with the approval of the city board of estimate,
the city of New York may sell, convey, lease, exchange or otherwise make
available to the dormitory authority, for a nominal  consideration,  any
interest  in real property of the city designated by the board of higher
education as suitable for a facility.   Such  sale,  conveyance,  lease,
exchange,  or  other disposition may be made at nominal cost and without
the requirement of public auction or sealed bids, or restriction  as  to
the  term  of  any  such  lease  or  arrangement,  and the provisions of
subdivision b of section three hundred eighty-four of the New York  city
charter shall not apply in such cases. Conveyances made pursuant to this
section shall include but shall not be limited to real property on which
are  situated  facilities  of,  or  are  under  the  jurisdiction of, or
assigned to, the board of higher education.

(b) Notwithstanding the provisions of any general, special or local law, charter or ordinance to the contrary, on request of the fund, the city board of estimate in behalf of the City of New York may grant revocable or irrevocable consents or rights of any kind or nature whatsoever, providing for or involving or relating to the occupation or use of any of the streets of the city, whether on, under or over the surface thereof, to the dormitory authority, on such terms and conditions and for such period of time or duration as may be determined by the board of estimate to be in the public interest.