2006 New York Code - Transfer Of Real Property.

 
    §  2861. Transfer of real property. Notwithstanding any requirement of
  law to the contrary or any provision of any general,  special  or  local
  law,  charter  or  ordinance,  every  executor,  administrator, trustee,
  guardian or other person holding trust funds or acting  in  a  fiduciary
  capacity,  unless  the  instrument  under which such fiduciary is acting
  expressly forbids, and the state, its subdivisions, municipalities,  all
  other  public  bodies,  all  public  officers, persons, partnerships and
  corporations owning or holding any real property, may grant, sell, lease
  or otherwise transfer any such real property or interest  therein  to  a
  nursing  home  company and receive and hold any cash, exchanged therefor
  by such company and may execute such instruments and do such acts as may
  be deemed necessary or desirable by them or it and  by  the  company  in
  connection  with  a project or projects and such sale, lease or transfer
  may be made without public auction or bidding; provided,  however,  that
  where   such  real  property  is  within  an  urban  renewal  area,  the
  disposition thereof shall  be  in  accordance  with  the  provisions  of
  paragraph  (d)  of  subdivision two of section five hundred seven of the
  general municipal law.