NYC Administrative Code

§ 4-107 — City real property; transfer of, to department of citywide administrative services.

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What is NYC AC § 4-107?

Quick Answer

This section mandates the transfer of unproductive city real property to the Department of Citywide Administrative Services when the leasing term has expired or is about to expire. Applies to city agencies managing real property.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 4-107 City real property; transfer of, to department of citywide administrative services.

AC § 4-107

Whenever any real property of the city is unproductive, or the term for which it may have been leased or let shall have expired or be about to expire, the agency having jurisdiction over such real property shall forthwith transfer the same to the department of citywide administrative services. Editor's note: For related unconsolidated provisions, see Appendix A at L.L. 1996/059.

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