Bill > S08180

This bill extends the existing authorization for the city of New York to sell certain pieces of real property to adjacent property owners, specifically tax lots that cannot be independently developed due to their size, shape, configuration, topography, and applicable zoning regulations. The key change is to modify the expiration date of this authorization from December 31, 2025, to December 31, 2030, effectively providing the city with an additional five years to continue selling these otherwise undevelopable parcels to neighboring property owners. The bill takes effect immediately upon passage, and the provisions will automatically be deemed repealed on December 31, 2030. This type of legislation allows cities to dispose of small, irregularly shaped, or otherwise impractical municipal land parcels in a way that can potentially improve the usability of urban properties and generate modest revenue for the city.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S8180