New York Public Authorities Law Section 2564 - Special powers and duties of the corporation.

2564. Special powers and duties of the corporation. The corporation shall have the power and duty:

1. To maintain and operate the convention center including the expansion project; to rent parts thereof, and grant concessions, all on such terms and conditions as it may determine are fair and reasonable, subject, in the case of rentals and concessions other than for exhibition purposes, to the prior approval of the state comptroller;

2. To approve the plan and design of the convention center project as required by a chapter of the laws of nineteen hundred seventy-nine and the plan and design of the expansion project and any convention hotel financed by the chapter of the laws of two thousand four which amended this subdivision; and

3. To transfer or otherwise make available to the subsidiary of New York state urban development corporation organized pursuant to said chapter of the laws of nineteen hundred seventy-nine, without consideration and when and as requested by said subsidiary, any or all rights, property and assets which shall have been transferred to the corporation pursuant to section twenty-two-a of chapter ten hundred eleven of the laws of nineteen hundred seventy-one as added by section eighteen of said chapter of the laws of nineteen hundred seventy-nine.


Last modified: February 3, 2019