§ 119-bb. Definitions. When used in this article, unless a different
meaning clearly appears from the context, the terms listed below shall
have the following meanings:

1. "Development rights" means the rights granted to a lot or parcel of
land under a zoning ordinance or local law respecting permissible use,
area, bulk or height of improvements executed thereon. Development
rights may be calculated and allocated in accordance with such factors
as area, floor area, floor area ratios, height limitations or any other
criteria including assessed valuation that will effectively quantify a
value for the development right in a manner that will carry out the
objectives of this article.

2. "Historic and/or cultural place or property" means any building,
structure, district, area, site or object, including the underground and
underwater sites, with significance in the history, architecture,
archeology or culture of the state, its communities, or the nation.

3. "Historic district" means any area which: (a) has a special
character or special historic, architectural, archeological or cultural
value; or (b) represents one or more periods or styles of architecture
typical of one or more eras; and (c) causes such area, by reason of such
factors, to constitute a distinct section.

4. "Historic preservation" means, for the purposes of this article and
notwithstanding any other provision of law, the study, designation,
protection, restoration, rehabilitation and use of buildings,
structures, districts, areas, sites or objects significant in the
history, architecture, archeology or culture of this state, its
communities, or the nation.

5. "Registered property" means any historic place or property within
the boundaries of the state nominated by the commissioner of parks and
recreation for listing on the national register of historic places or
listed on the New York state register of historic places established
pursuant to section 14.07 of the parks and recreation law.

6. "Transfer of development rights" means the process by which
development rights are passed from one lot or parcel to another.