N.Y. Education Law 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.
Terms Used In N.Y. Education Law 6277
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(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.