Bill > S07616

This bill authorizes the State University of New York (SUNY) trustees to lease approximately 17 acres of underutilized land at the Stony Brook campus to the Stony Brook Housing Development Corp. for the purpose of building housing for undergraduate students, graduate students, faculty, and staff, without requiring public bidding. The lease can last up to 100 years and must be approved by the state budget director, attorney general, and state comptroller. If the property ceases to be used for its intended housing purpose, the land and improvements will revert to SUNY. The legislation aims to address Stony Brook's critical housing shortage, which has been a significant challenge in recruiting and retaining students and employees. The bill requires that any construction or development on the leased land follow prevailing wage requirements, use a project labor agreement, and ensure that no current state employees are displaced. The lease must include an indemnity provision protecting the university, and any contracts related to the project must be awarded through a competitive process. The lease must be executed within 5 years of the act's effective date, and the bill is designed to override any conflicting existing laws.

Budget and Finance, Education

https://www.nysenate.gov/legislation/bills/2025/S7616