Authorizes the city of New York to discontinue and alienate certain parkland in Flushing Meadows Corona Park.

The bill authorizes the city of New York to discontinue the use as parkland and alienate specific land within Flushing Meadows Corona Park. This authorization is contingent on the city dedicating an amount equal to or greater than the fair market value of the parklands being discontinued towards the acquisition of new parklands and capital improvements to existing parklands and recreational facilities within Queens. If the city receives federal funding for the parklands, the discontinuance and alienation cannot occur until the city complies with federal requirements.

Authorizes the city of New York to discontinue and alienate certain parkland in Flushing Meadows Corona Park.

The bill authorizes the city of New York to discontinue the use as parkland and alienate specific land within Flushing Meadows Corona Park. This authorization is contingent on the city dedicating an amount equal to or greater than the fair market value of the parklands being discontinued towards the acquisition of new parklands and capital improvements to existing parklands and recreational facilities within Queens. If the city receives federal funding for the parklands, the discontinuance and alienation cannot occur until the city complies with federal requirements.