Directs SUNY trustees to lease campus land to Stony Brook Housing Development Corp. for student, faculty, and staff housing.
The bill authorizes SUNY trustees to lease land on the Stony Brook campus to the Stony Brook Housing Development Corp. for building housing for undergraduate and graduate students, faculty, and staff. The lease is limited to 100 years and requires the use of a project labor agreement for all contractors and subcontractors. The lease area includes approximately 16.72 acres of land. The bill also specifies that any future work on the leased property must be performed by public employees and that the property will revert to SUNY if it ceases to be used for the specified housing purposes.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.