625 – Short Title.

§ 625. Short title. This article shall be known and may be cited as the “New York city public housing preservation trust act”.

626 – Legislative Findings.

§ 626. Legislative findings. The legislature hereby finds and declares that significant capital investment is required to design, develop, construct, reconstruct, improve, modernize, rehabilitate, and repair the aging buildings owned or operated by the New York city housing authority which are deteriorating due to decades of diminishing capital investment. Restrictions relating to the New York […]

627 – Definitions.

§ 627. Definitions. As used or referred to in this article: 1. “Alternative project delivery contract” means any project delivery method authorized by this article, including construction manager build, construction manager at risk, and design-build, pursuant to which one or more contracts for the provision of design or construction management and construction services are awarded […]

628 – New York City Public Housing Preservation Trust.

§ 628. New York city public housing preservation trust. 1. There is hereby established a public benefit corporation to be known as the “New York city public housing preservation trust”. The purpose of such trust shall be the design, development, construction, reconstruction, improvement, modernization, rehabilitation, repairing and operation of housing facilities. 2. The trust shall […]

629 – Powers and Duties of the Trust.

§ 629. Powers and duties of the trust. The trust shall have the following powers and duties: 1. to sue and be sued; 2. to have a seal and alter the same at pleasure; 3. to make and, as necessary, to amend and repeal by-laws for the trust and the management and regulation of its […]

630 – Transfer of Property.

§ 630. Transfer of property. 1. NYCHA, acting by NYCHA board resolution and in accordance with a disposition or similar plan approved by the United States department of housing and urban development in accordance with applicable federal law, which shall include a letter of approval from the mayor or a designee of the mayor, may […]

631 – Resident Protections and Opportunities.

§ 631. Resident protections and opportunities. 1. The protections afforded to a resident of a housing facility shall be consistent with those afforded to a public housing resident, to the extent permitted in accordance with federal law, and subject to and with the approval of the United States department of housing and urban development. These […]

632 – Compliance With Codes.

§ 632. Compliance with codes. 1. The trust shall, in the design, development, construction, reconstruction, improvement, modernization, rehabilitation, repair, and operation of or otherwise providing for housing facilities, comply and cause all contractors of the trust to comply with applicable sanitary and building laws and regulations. 2. The trust shall adopt rules or regulations establishing […]

633 – Contracts of the Trust.

§ 633. Contracts of the trust. 1. Notwithstanding any provision of law to the contrary, including but not limited to article eight of this chapter, the trust shall establish and maintain procurement policies that shall set forth the methods and procedures by which the trust shall procure contracts for goods and services, including but not […]

634 – Alternative Project Delivery Contracts.

§ 634. Alternative project delivery contracts. 1. Notwithstanding any provision of law to the contrary, including but not limited to section seventy-two hundred ten of the education law, and in conformity with the requirements of this article, for any public work undertaken pursuant to a project labor agreement the trust may use alternative project delivery […]

635 – Additional Authority.

§ 635. Additional authority. The procurement authority conferred by this article shall not impact or impair, and shall be in addition to, the authority conferred by the NYCHA modernization investment act and the New York city public works investment act.

636 – Additional Requirements for Alternative Project Delivery Contracts.

§ 636. Additional requirements for alternative project delivery contracts. Construction performed under a contract entered into by the trust pursuant to this article shall be deemed a “public work” to be performed in accordance with the provisions of article eight of the labor law, including but not limited to the prevailing wage requirements set forth […]

637 – Borrowing by the Trust and for Its Benefit; Effects of Certain Defaults.

§ 637. Borrowing by the trust and for its benefit; effects of certain defaults. 1. For the purposes of this section, the term “project” means the acquisition, development, design, construction, reconstruction, improvement, rehabilitation, repairing and operation of housing facilities. 2. The trust shall have the power and is hereby authorized from time to time to […]

638 – Resources of the Trust.

§ 638. Resources of the trust. 1. Subject to the provisions of this article, the members of the board shall receive, accept, invest, administer, expend and disburse for its corporate purposes all money of the trust from whatever sources derived including (a) the proceeds of bonds, notes and other obligations, and (b) any other payments, […]

639 – Legal Investment and Deposit.

§ 639. Legal investment and deposit. The bonds, notes or other obligations of the trust are hereby made securities in which all public officers and bodies of the state and all public corporations, municipalities and municipal subdivisions, all insurance companies and associations and other persons carrying on an insurance business, all banks, bankers, trust companies, […]

640 – Tax Exemption and Tax Contract by the State.

§ 640. Tax exemption and tax contract by the state. 1. It is hereby determined that the creation of the trust and the carrying out of its corporate purposes is in all respects for the benefit of the people of the state of New York and is a public purpose. Accordingly, the trust shall be […]

641 – Actions Against the Trust.

§ 641. Actions against the trust. 1. Except in an action for wrongful death, no action or proceeding shall be prosecuted or maintained against the trust for personal injury or damage to real or personal property alleged to have been sustained by reason of the negligence or wrongful act of the trust or of any […]

642 – Civil Service and Pension System Membership.

§ 642. Civil service and pension system membership. 1. The trust, for the purpose of administering the civil service law, shall be subject to the provisions of the civil service law and the rules of the city department of citywide administrative services or any successor acting as the municipal commission of the city. The president […]

643 – Collective Negotiation.

§ 643. Collective negotiation. 1. The city of New York collective bargaining law shall apply to the trust. 2. For the purpose of article fourteen of the civil service law and the New York city collective bargaining law, as applicable, the trust, acting by and through its president, shall be deemed to be the public […]

644 – Application of State and Local Human Rights Laws.

§ 644. Application of state and local human rights laws. Notwithstanding any provision of law to the contrary, article fifteen of the executive law and title eight of the administrative code of the city of New York shall apply to the trust.