§ 7-a. Relationship with the New York state and the housing finance
agency health and mental hygiene facilities improvement corporation.

Notwithstanding any provision of this act to the contrary:

(a) The city shall not sell, assign, transfer or sublet to the
corporation any health facility, as defined in section three of the
health and mental hygiene facilities improvement act, located at or
related to or constituting a hospital, as defined in article
twenty-eight of the public health law, if such health facility is
subject to any lease, sublease or other agreement between the city and
the New York state housing finance agency, provided however, nothing
herein shall prohibit the licensing or other operating agreement for the
health facility so long as the city does not surrender possession
thereof and that the city continues to remain liable and obligated to
observe and perform each and every covenant, agreement, obligation and
undertaking required to be observed and performed by the city pursuant
to the provisions of any lease, sublease or other agreement between the
city and the New York state housing finance agency.

(b) The corporation is authorized to sell or lease to the agency any
real property for the purpose of causing health facilities to be
constructed, reconstructed, rehabilitated or improved by the health and
mental hygiene facilities improvement corporation and the New York state
housing finance agency pursuant to a lease, sublease or other agreement
between the city and the New York state housing finance agency as
provided in the health and mental hygiene facilities improvement act and
article three of the private housing finance law.