Section 1078-E. Acquisition by eminent domain

Notwithstanding any provision
  of  the  eminent domain procedure law to the contrary, in any proceeding
  brought by the authority pursuant to such law, title shall vest  in  the
  authority and compensation shall be paid only (a) upon a decision by the
  supreme court that compensation for the real property so condemned shall
  be  determined  solely by the income capitalization method of valuation,
  based on the  actual  net  income  as  allowed  by  the  public  service
  commission,  and  (b)  upon  such court's determination of the amount of
  such compensation, based upon the income capitalization method, entry of
  the final judgment, the filing of the final decree, and  the  conclusion
  of any appeal or expiration of the time to file an appeal related to the
  condemnation  proceeding.  If  any  court  shall  utilize  any method of
  compensation other than the income  capitalization  method,  or  if  the
  proposed  compensation is more than the rate base of the assets taken in
  condemnation as utilized by the public  service  commission  in  setting
  rates  and  as certified by the public service commission, the authority
  may withdraw the condemnation proceeding without prejudice or  costs  to
  any party.