Section 1008. Consent of state

The state of New York hereby consents to the
  occupation and use by the authority of any and all property of the state
  of  whatever  kind  or  character  on  the  Niagara  river or within the
  international rapids section of the Saint  Lawrence  river,  and  hereby
  vests  the  authority with and delegates to it the right to exercise any
  and every right and power of the state in connection therewith,  whether
  proprietary  or  sovereign  in  character,  which the state itself might
  exercise, provided that such consent and delegation of power  shall  not
  permit  the impairment or limit or prevent the future improvement of the
  navigability of the Niagara river or the international rapids section of
  the Saint Lawrence  river,  consistent  with  the  maintenance  of  such
  projects, but on the contrary the projects shall be such as will improve
  and  benefit  commerce  and navigation therein and provided further that
  the authority shall have no power to limit, waive or surrender any right
  or interest of the state of New York in such rivers or the use thereof.