§ 11 — Acquisition of real property acquired by a municipality or urban renewal agency

§ 11. Acquisition of real property acquired by a municipality or urban\nrenewal agency. Notwithstanding anything to the contrary contained in\narticle fifteen or article fifteen-a of the general municipal law or in\nany general, special or local law applicable to the sale of real\nproperty by a municipality or an urban renewal agency, a municipality or\nan urban renewal agency may, in addition to employing any other lawful\nmethod of utilizing or disposing of any real property and appurtenances\nthereto or any interest therein owned by such municipality or urban\nrenewal agency or acquired by such municipality or urban renewal agency\npursuant to article fifteen or article fifteen-a of the general\nmunicipal law, sell, lease for a term not exceeding ninety-nine years,\nor otherwise dispose of any such real property and appurtenances thereto\nor any interest therein to the corporation for the effectuation of any\nof the purposes of an urban renewal program, without public auction, or\nsealed bids or public notice.\n