Senate Bill S8485

Signed By Governor
2019-2020 Legislative Session

Authorizes the commissioner of general services to sell certain land to TCH Holdings, LLC

download bill text pdf

Sponsored By

Archive: Last Bill Status - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2019-S8485 (ACTIVE) - Details

See Assembly Version of this Bill:
A8555
Law Section:
Conveyance of State Land

2019-S8485 (ACTIVE) - Summary

Authorizes the commissioner of general services to sell 1024 Fulton Street, Brooklyn, New York to TCH Holdings, LLC.

2019-S8485 (ACTIVE) - Sponsor Memo

2019-S8485 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8485
 
                             I N  S E N A T E
 
                               June 5, 2020
                                ___________
 
 Introduced  by  Sen.  MONTGOMERY  -- read twice and ordered printed, and
   when printed to be committed to the Committee on Rules
 
 AN ACT authorizing the commissioner of general services to sell  certain
   land  to  TCH  Holdings,  LLC;  and  providing  for the repeal of such
   provisions upon expiration thereof
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  The  commissioner  of  general services is authorized and
 empowered to convey state property, as further described in this act and
 commonly referred to as 1024  Fulton  Street,  Brooklyn,  New  York  and
 convey  for  fair market value to TCH Holdings, LLC, upon such terms and
 conditions as he or she may fix and  determine,  all  of  the  property,
 right, title and interest of the people of the state of New York.
   §  2. The lands authorized by this act to be conveyed are more partic-
 ularly described as follows: All that certain plot, piece or  parcel  of
 land,  with  the  buildings  and  improvements thereon erected, situate,
 lying and being in the city of New York, borough of Brooklyn  and  state
 of  New  York, designated as block 2015, lot 28 on a tax map of the city
 of New York, also known as 1024 Fulton Street.
   § 3. The description in section two of this act of  the  lands  to  be
 conveyed is not intended to be a legal description, but is intended only
 to identify the premises to be conveyed. As a condition of purchase, TCH
 Holdings,  LLC  shall submit to the commissioner of general services for
 his or her approval an accurate survey  and  description  of  the  lands
 generally described in section two of this act, which may be used in the
 conveyance thereof.
   §  4.  The  commissioner  of general services shall not grant the land
 described in section two of this act unless application is made therefor
 by TCH Holdings, LLC within one year after the effective  date  of  this
 act.
   §  5.  This  act shall take effect immediately and shall expire and be
 deemed repealed two years after such date.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13465-01-9

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