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NYC Administrative Code

§ 22-144 — Executory contracts.

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What is NYC AC § 22-144?

Quick Answer

This section addresses the transfer of rights, title, and interest from the state to the city concerning pier properties, including any executory contracts associated with those properties. It specifies that the transfer excludes moneys and rights accrued prior to the title vesting. Applies to entities involved with pier properties.

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

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§ 22-144 Executory contracts.

AC § 22-144

Upon the vesting in the city of the right, title and interest of the state in and to such pier properties and as an incident thereto, there shall also vest in the city all the right, title and interest of the state in and to and in connection with any and all executory contracts and agreements in connection with such pier properties except as to moneys and rights accrued thereunder at the time of vesting of title as herein provided.

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