S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 4468--A

                       2009-2010 Regular Sessions

                            I N  S E N A T E

                             April 23, 2009
                               ___________

Introduced  by  Sen.  LANZA  -- read twice and ordered printed, and when
  printed to be committed  to  the  Committee  on  Local  Government  --
  committee  discharged,  bill amended, ordered reprinted as amended and
  recommitted to said committee

AN ACT authorizing the city of New York  to  reconvey  its  interest  in
  certain  real property acquired July 1, 2008 by in rem tax foreclosure
  in the borough of Staten Island, to Greentree Homeowners  Association,
  notwithstanding  expiration of the two year period within which appli-
  cation may be made to the city to release  its  interest  in  property
  thus  acquired;  Block  No.  1560,  Lot No. 33, on the tax map for the
  borough of Staten Island

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Findings.  On July 1, 2008, the city of New York acquired
title to premises designated as lot #33, in tax block 1560,  also  known
as  Greentree Lane in the borough of Staten Island, based on non-payment
of taxes due to inadvertence by the  Greentree  Homeowners  Association,
the  former  owner  of  such property.   Pursuant to sections 11-424 and
11-424.1 of the administrative code of the city of New  York,  the  city
may release its interest in property thus acquired if an application for
such  a release is filed with the city's department of citywide adminis-
trative services within two years of the date on which the  city's  deed
is  recorded  and if such application is approved by the in rem foreclo-
sure release board.  Pursuant to paragraph 1 of subdivision b of section
11-424 of the administrative code of the city of New York  an  applicant
whose  interest  in said property arises by reason of death of the prior
owner shall provide such information necessary  to    prove  applicant's
right  to  make such application.   In addition, since the New York city
charter requires that the sale of  city  owned  property  be  at  public
auction  or  by sealed bids (except as otherwise provided by law), state
legislative authorization is necessary to permit said reconveyance.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD11332-02-9
              

S. 4468--A                          2

  S 2. Notwithstanding any other provision of general, special or  local
law,  charter  or  administrative  code  to  the contrary and subject to
section three of this act, the city of New York is hereby authorized  to
release its interest in and reconvey the real property designated as tax
block  1560, lot #33, also known as Greentree Lane on the tax map of the
city for the borough of Staten Island as said map was on July 1, 2008 to
the Greentree Homeowners Association.
  S 3. Such release and reconveyance may be made only upon the  approval
of  the in rem foreclosure release board established by section 11-424.1
of the administrative code of the city of New York, subject to the gran-
tee or grantees meeting the following conditions precedent:
  a. submit an application for release in writing to  the  city  commis-
sioner  of  citywide  administrative services accompanied by a certified
title search, affidavit of ownership,  and  all  fees  and  payments  as
otherwise  required  by section 11-424 of the administrative code of the
city of New York.
  b. pay all taxes, interest, penalties and charges  otherwise  required
by  section  11-424  of  the administrative code of the city of New York
upon approval of the application  by  the  in  rem  foreclosure  release
board.
  S  4.  This  chapter of the laws of 2009 shall not be deemed to be the
chapter upon the effectiveness of which paragraph (2) of  subdivision  a
of  section  11-424  of the administrative code of the city of New York,
under local law, depends. Accordingly, the provisions of such  paragraph
(2)  shall  not  apply  to the release and reconveyance authorized to be
made herein.
  S 5. This act shall take effect immediately.