N.Y. Comp. Codes R. & Regs. tit. 21 § 752.1

Current through Register Vol. 46, No. 50, December 11, 2024

Section 752.1 - Applicability

(a) Leases, licenses, concessions or other agreements for facilities or properties under the jurisdiction of the Hudson River Park Trust that are either:

(1) for a term in excess of 10 years; or

(2) provide for a total capital expenditure in excess of $1,000,000 over the proposed term of the agreement are subject to one or more provisions of this Part.

(b) Leases, licenses, concessions or other agreements for facilities or properties under the jurisdiction of the Hudson River Park Trust not meeting either of the thresholds set forth in subdivision (a) of this section, at the discretion of the Hudson River Park Trust, may be subject to the provisions of this Part.

(c) The Hudson River Park Trust shall not be required to consider any proposed lease, license, concession or other agreement for the use of property or facilities under the jurisdiction of the Hudson River Park Trust which, in the opinion of the Hudson River Park Trust, would not be appropriate for the property or facility sought, or would interfere with the public's use and enjoyment of the Hudson River Park, or would violate any provision of the Hudson River Park Act.

N.Y. Comp. Codes R. & Regs. Tit. 21 § 752.1