Bill Text: NY A08555 | 2019-2020 | General Assembly | Introduced


Bill Title: Authorizes the commissioner of general services to sell 1024 Fulton Street, Brooklyn, New York to TCH Holdings, LLC.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced) 2019-08-23 - referred to governmental operations [A08555 Detail]

Download: New_York-2019-A08555-Introduced.html



                STATE OF NEW YORK
        ________________________________________________________________________

                                          8555

                               2019-2020 Regular Sessions

                   IN ASSEMBLY

                                     August 23, 2019
                                       ___________

        Introduced by M. of A. MOSLEY -- read once and referred to the Committee
          on Governmental Operations

        AN  ACT authorizing the commissioner of general services to sell certain
          land to TCH Holdings, LLC;  and  providing  for  the  repeal  of  such
          provisions upon expiration thereof

          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:

     1    Section 1. The commissioner of  general  services  is  authorized  and
     2  empowered to convey state property, as further described in this act and
     3  commonly  referred  to  as  1024  Fulton  Street, Brooklyn, New York and
     4  convey for fair market value to TCH Holdings, LLC, upon such  terms  and
     5  conditions  as  he  or  she  may fix and determine, all of the property,
     6  right, title and interest of the people of the state of New York.
     7    § 2. The lands authorized by this act to be conveyed are more  partic-
     8  ularly  described  as follows: All that certain plot, piece or parcel of
     9  land, with the buildings  and  improvements  thereon  erected,  situate,
    10  lying  and  being in the city of New York, borough of Brooklyn and state
    11  of New York, designated as block 2015, lot 28 on a tax map of  the  city
    12  of New York, also known as 1024 Fulton Street.
    13    §  3.  The  description  in section two of this act of the lands to be
    14  conveyed is not intended to be a legal description, but is intended only
    15  to identify the premises to be conveyed. As a condition of purchase, TCH
    16  Holdings, LLC shall submit to the commissioner of general  services  for
    17  his  or  her  approval  an  accurate survey and description of the lands
    18  generally described in section two of this act, which may be used in the
    19  conveyance thereof.
    20    § 4. The commissioner of general services shall  not  grant  the  land
    21  described in section two of this act unless application is made therefor
    22  by  TCH  Holdings,  LLC within one year after the effective date of this
    23  act.
    24    § 5. This act shall take effect immediately and shall  expire  and  be
    25  deemed repealed two years after such date.

         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13465-01-9
feedback