§ 127 — Temporary use or occupation of property

New York § 127

• Jurisdiction: New York
• Law PBG: Public Housing
• Art. 7: Acquisition of Property

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§ 127. Temporary use or occupation of property. 1. When title to\nproperty has vested in a municipality or an authority by purchase or in\ncondemnation proceedings, the municipality or the authority, whichever\nhas acquired title, may pursuant to the provisions of the eminent domain\nprocedure law, agree with the previous owners of such property, or any\ntenants continuing to occupy or use it, or any other persons who may\noccupy or use or seek to occupy or use such property\n 2. In the event that a municipality has purchased or condemned\nproperty on behalf or for the benefit of an authority, the municipality\nshall, in transferring title to an authority, deduct from the\nconsideration or other moneys which the authority has become obligated\nto pay the municipality for such property, and credit the authority\nwith, the amounts received by the municipality as payment for temporary\noccupation and use of the property by a former owner, tenant or other\nperson as hereinabove set forth, less the cost and expense incurred by\nthe municipality for the maintenance and operation of such property.\n 3. In the event that a municipality has condemned property on behalf\nof or for the benefit of an authority, the lien provided for in\nsubdivision (c) of section three hundred five of the eminent domain\nprocedure law shall also inure to the benefit of such authority and such\nauthority shall have all the powers, rights and remedies provided for in\nthat section as if such authority had directly acquired title to such\nproperty.\n