N.Y. Gen. Mun. Law § 903
For the benefit of the city of Yonkers and the inhabitants thereof, an industrial development agency, to be known as the CITY OF YONKERS INDUSTRIAL DEVELOPMENT AGENCY, is established to accomplish any or all of the purposes specified in title one of this article. It shall constitute a body corporate and politic, and be perpetual in duration. It shall have the powers and duties now or hereafter conferred by title one of this article upon industrial development agencies and provided that the exercise of the powers by such agency with respect to the acquisition of real property whether by purchase, condemnation or otherwise, shall be limited to the corporate limits of the city of Yonkers, and such agency shall take into consideration the local zoning and planning regulations as well as the regional and local comprehensive land use plans. It shall be organized in a manner prescribed by and be subject to the provisions of title one of this article. Six of such members shall be appointed by the mayor of the city of Yonkers and one such member shall be appointed by majority vote of the city council of the city of Yonkers. The agency, its members, officers and employees and its operations and activities shall in all respects be governed by the provisions of title one of this article.
N.Y. Gen. Mun. Law § 903