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A08426 Summary:

BILL NOA08426
 
SAME ASSAME AS S08180
 
SPONSORCook
 
COSPNSR
 
MLTSPNSR
 
Amd §2, Chap 548 of 2010
 
Extends the authorization for the city of New York to sell to abutting property owners real property owned by such city, consisting of tax lots that cannot be independently developed due to the size, shape, configuration and topography of such lots and the zoning regulations applicable thereto.
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A08426 Memo:

NEW YORK STATE ASSEMBLY
MEMORANDUM IN SUPPORT OF LEGISLATION
submitted in accordance with Assembly Rule III, Sec 1(f)
 
BILL NUMBER: A8426
 
SPONSOR: Cook
  TITLE OF BILL: An act to amend chapter 548 of the laws of 2010, amending the New York city charter relating to authorizing the city of New York to sell to abutting property owners real property owned by such city, consisting of tax lots that cannot be independently developed due to the size, shape, configuration and topography of such lots and the zoning regulations applicable thereto, in relation to the effectiveness thereof   PURPOSE OR GENERAL IDEA OF BILL: The purpose of this bill is to extend for an additional five years, New York City's ability to sell certain types of real property owned by the City that directly abut property owners' lots without an auction or competitive bidding. These direct sales are limited to circumstances in which the property being sold cannot be independently developed reasons that render development economically impractical or unfeasible.   SUMMARY OF PROVISIONS: Section 1 of the bill would extend the City of New York's authorization to sell certain types of real property by direct sale to abutting prop- erty owners without auction or competitive bidding until December 31, 2030. Section 2 of this act would provide for an immediate effective date.   JUSTIFICATION: The New York City Department of Citywide Administrative Services has jurisdiction over various limited market properties, which are proper- ties that are economically impracticable or infeasible to develop inde- pendently due to size, shape, zoning, configuration, and topography. These properties are not appropriate for sale through the public auction or competitive bidding processes as they have no independent utility. Eligibility to purchase such City-owned real property is determined to be in the best interests of the City, based on a certification by the Commissioner of Citywide Administrative Services that independent devel- opment is economically impracticable or infeasible. Sales are limited to abutting property owners, or an entity comprised of such owners. Since the last amendment to the sunset provision in 2020, the Department of Citywide Administrative Services has offered 33 lots for sale through the SAIL Away Program, and has closed on five, with three currently in the pipeline for closing. Additionally, the Department of Citywide Administrative Services anticipates offering approximately 30 lots for sale by the end of this calendar year and will target offering approxi- mately 30 lots each calendar year moving forward. Addit ionally, such sale of said real property is subject to approval pursuant to ULURP.   PRIOR LEGISLATIVE HISTORY: 2020: A. 9508-B (Budget) - Chapter 58 of 2020 2015 A. 7872 (Miller) - Chapter 505 of 2015   FISCAL IMPLICATIONS: None to the State.   EFFECTIVE DATE: This act shall take effect immediately.
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A08426 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          8426
 
                               2025-2026 Regular Sessions
 
                   IN ASSEMBLY
 
                                      May 15, 2025
                                       ___________
 
        Introduced  by  M. of A. COOK -- read once and referred to the Committee
          on Cities
 
        AN ACT to amend chapter 548 of the laws of 2010, amending the  New  York
          city  charter  relating to authorizing the city of New York to sell to
          abutting property owners real property owned by such city,  consisting
          of  tax  lots  that cannot be independently developed due to the size,
          shape, configuration and topography of such lots and the zoning  regu-
          lations applicable thereto, in relation to the effectiveness thereof
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 2 of chapter 548 of the laws of 2010, amending  the
     2  New  York  city  charter relating to authorizing the city of New York to
     3  sell to abutting property owners  real  property  owned  by  such  city,
     4  consisting of tax lots that cannot be independently developed due to the
     5  size,  shape,  configuration  and topography of such lots and the zoning
     6  regulations applicable thereto, as amended by section 1 of item  EEE  of
     7  subpart  B  of part XXX of chapter 58 of the laws of 2020, is amended to
     8  read as follows:
     9    § 2. This act shall take effect immediately and shall expire  December
    10  31, [2025] 2030, when upon such date the provisions of this act shall be
    11  deemed repealed.
    12    § 2. This act shall take effect immediately.
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD11899-01-5
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