Laws of New York (Last Updated: November 21, 2014) |
ADC New York City Administrative Code(NEW) |
Title 22. ECONOMIC AFFAIRS |
Chapter 1. WATERFRONT PROPERTIES TRANSACTIONS AND TRADE |
Subchapter 1. WATERFRONT PROPERTY |
Section 22-125. Wharf property; lease; period
Latest version.
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Any lease of wharf property belonging to the city shall be for a term not exceeding fifty years, and may include covenants for renewal or renewals at advanced rents of such lease for terms not exceeding ten years each but not exceeding in the aggregate ninety-nine years.