Assembly Bill A10883A

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                 10883--A
 
                           I N  A S S E M B L Y
 
                               April 8, 2026
                                ___________
 
 Introduced  by  M.  of  A.  GALLAGHER  --  read once and referred to the
   Committee on Cities -- committee  discharged,  bill  amended,  ordered
   reprinted as amended and recommitted to said committee
 
 AN  ACT  to  authorize the city of New York to sell certain lands now or
   formerly under the waters of Whale Creek otherwise  known  as  Wyckoff
   Creek, and formerly a tributary of Newtown Creek

   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Notwithstanding any inconsistent provisions of  section  20
 of  the  general  city  law  or section 383 of the New York city charter
 restricting the alienation of waterfront property and land under  water,
 the  city of New York is hereby authorized to sell and convey all or any
 part of the right, title and interest which the  city  now  has  in  the
 lands  now  or formerly under the waters of Whale Creek, otherwise known
 as Wyckoff Creek, and formerly a tributary of Newtown Creek, situated in
 lot 1 on block 2612 on the tax map of the  city  of  New  York  for  the
 borough  of  Brooklyn.  Except as otherwise provided in sections two and
 three of this act, the sale of such lands shall be  subject  to  section
 384 of the New York city charter.
   §  2. Notwithstanding any inconsistent provision of section 384 of the
 New York city charter and subject to review pursuant to  sections  197-c
 and 197-d of the New York city charter, for a period of five years after
 the effective date of this act, the mayor of such city may authorize the
 sale,  without  competitive  bidding and for such consideration and upon
 such terms and conditions as shall be determined by the  mayor  of  such
 city,  of  the  city's  right,  title  and interest in the real property
 described in section one of this act to an eligible person,  persons  or
 entity, who or which are defined in section three of this act.
   §  3.  For purposes of this act, an eligible person, persons or entity
 shall mean a person, persons or entity that owns  abutting  upland  real
 property  at  the time of such sale of property described in section one
 of this act.
   § 4. The alienation and conveyance of the waterfront property and land
 underwater authorized by section one of this act shall not  occur  until
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD15388-04-6
 A. 10883--A                         2
 
 the city of New York obtains an independent appraisal of the lands to be
 alienated.  In  the event that the consideration received by the city of
 New York from the purchase of the alienated lands is not  equal  to  the
 fair  market value of such property, the city of New York shall dedicate
 additional funds for the acquisition of additional  waterfront  property
 and/or  cause funds to be made available for capital improvements to its
 existing waterfront property in the borough of Brooklyn  to  equal  such
 fair market value appraisal.
   § 5. This act shall take effect immediately.