2016 New York Laws
PBL - Public Lands
Article 2 - (Public Lands) OFFICE OF GENERAL SERVICES
28 - Transfer of state lands or watershed conservation easements to the city of New York for water supply protection purposes.

  28.  Transfer of state lands or watershed conservation easements to
  the city of  New  York  for  water  supply  protection  purposes.    The
  commissioner  of general services may, with the concurrence of the mayor
  of the city of New York, transfer and convey to the city of New York, in
  consideration of one dollar to be paid to the state of New York and upon
  such other terms and conditions as agreed upon by such commissioner  and
  the  mayor  of  the  city  of  New  York,  parcels  of land or watershed
  conservation easements  owned  by  the  state  and  located  within  the
  counties of Dutchess, Putnam, or Westchester and within the watershed of
  the water supply of the city of New York, whether or not such parcels or
  watershed conservation easements are unappropriated state lands, for the
  purpose  of  protecting  the  water supply of the city of New York.  The
  city of New York may, with the prior agreement of  the  commissioner  of
  the  department  of health, transfer and convey any such parcels for the
  sole purpose of purchasing lands in areas of higher priority  for  water
  supply  protection  purposes,  provided  that the city of New York shall
  either  (1)  transfer  and  convey  to  the  state  of  New   York,   in
  consideration  of  one  dollar  paid  to  the city of New York, any such
  parcels provided that the  city  of  New  York  continues  to  pay  real
  property  taxes  on  any  such  parcels  and  upon  such other terms and
  conditions as agreed upon by the commissioner of  general  services  and
  the  mayor  of  the city of New York; or (2) sell any such parcels to an
  entity other than the state of New York and provide to the state of  New
  York  monies  equal  to the original purchase price paid by the state of
  New York for such parcels.   For purposes  of  this  section,  the  term
  "watershed conservation easement" shall have the same meaning as defined
  in section five hundred eighty-three of the real property tax law.