Authorizes the city of New York to discontinue certain parkland in Ferry Point Park in the Bronx through leases or agreements with Bally's New York.

The bill authorizes the city of New York to discontinue the use as parkland and alienate certain land within Ferry Point Park in the Bronx through leases or other agreements with Bally's New York Operating Company, LLC. This includes selling land for a gaming facility, roadways, and an easement for access. The city must dedicate funds to acquire new parklands or improve existing ones. The alienation of parklands is contingent on federal requirements and Bally's obtaining a gaming facility license.

Authorizes the city of New York to discontinue certain parkland in Ferry Point Park in the Bronx through leases or agreements with Bally's New York.

The bill authorizes the city of New York to discontinue the use as parkland and alienate certain land within Ferry Point Park in the Bronx through leases or other agreements with Bally's New York Operating Company, LLC. This includes selling land for a gaming facility, roadways, and an easement for access. The city must dedicate funds to acquire new parklands or improve existing ones. The alienation of parklands is contingent on federal requirements and Bally's obtaining a gaming facility license.