Extends authorization for New York City to sell certain tax lots to abutting property owners.
The bill extends the authorization for the city of New York to sell to abutting property owners real property owned by the city, specifically tax lots that cannot be independently developed due to their size, shape, configuration, topography, and applicable zoning regulations. This authorization is set to expire on December 31, 2030.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.