2006 New York Code - Garages And Parking Places.

    § 5-325. Garages  and  parking  places.  1.  No person who conducts or
  maintains for hire or other consideration a garage, parking lot or other
  similar place which has the capacity for the housing, storage,  parking,
  repair  or  servicing  of four or more motor vehicles, as defined by the
  vehicle and traffic law, may exempt himself from liability  for  damages
  for  injury  to person or property resulting from the negligence of such
  person, his agents or employees, in the operation of any  such  vehicle,
  or  in  its  housing,  storage,  parking, repair or servicing, or in the
  conduct or maintenance of such garage,  parking  lot  or  other  similar
  place,  and,  except as hereinafter provided, any agreement so exempting
  such person shall be void.
    2. Damages for loss  or  injury  to  property  may  be  limited  by  a
  provision  in  the  storage  agreement limiting the liability in case of
  loss or damage by theft, fire or explosion and setting forth a  specific
  liability  per vehicle, which shall in no event be less than twenty-five
  thousand dollars, beyond which  the  person  owning  or  operating  such
  garage  or  lot  shall  not  be  liable;  provided,  however,  that such
  liability may on request  of  the  person  delivering  such  vehicle  be
  increased,  in  which event increased rates may be charged based on such
  increased liability.

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