Section 1382. Real estate and title thereto

1. The authority may lease or
  acquire title to  real  and  personal  property  including  water  front
  property,  ferries,  bridges,  wharf  property, land under water, public
  landings, wharves and docks in the name of "Ogdensburg  port  authority"
  by  purchase,  grant  or  gift from the city of Ogdensburg, state of New
  York, United States of America, or from any  corporation  or  individual
  for  the  development of port facilities in the district, and shall have
  the power to sell, subject to approval by order of  the  supreme  court,
  lease  or  otherwise  dispose of said real property and shall retain and
  have the power to use the proceeds of  sale,  rentals  or  other  moneys
  derived  from  the  disposition thereof for its purposes. Any instrument
  affecting  real  property  shall  be  signed  by  the  chairman  of  the
  authority,  attested by its secretary and have the seal of the authority
  affixed thereto.
    2. Authority is hereby conferred upon the city to give,  lease,  sell,
  grant  and  convey  real  and  personal  property  including water front
  property, ferries, bridges, wharf property,  land  under  water,  public
  landings,   wharves   and  docks  to  the  authority,  with  or  without
  consideration as such city shall determine.
    3. The authority shall have power to  condemn  real  property  located
  within  its  territorial  limits and owned by any person or corporation,
  excepting  a  person  or  corporation  subject  to   the   jurisdiction,
  supervision  and  regulation of the public service commission, which the
  authority deems necessary for the development of port facilities in  the
  district.  The authority shall exercise the power of condemnation hereby
  granted in the manner provided in the condemnation law.
    4. The authority and  the  city  may  enter  into  contracts  for  the
  acquisition  by  the  city  or  the  authority  of real property for the
  benefit of and in the name of the  city  for  the  purpose  of  widening
  existing  streets,  avenues,  parkways,  roads  or  highways  or for new
  streets, avenues, parkways, roads or highways to port facilities  within
  the  port district, or partly for such purpose and partly for other city
  purposes. Such contracts may provide for the work of improvement by  the
  city.  The  city  may  close  such  streets, avenues, parkways, roads or
  highways as may be necessary or convenient.