18 - Acquisition of Abandoned Railroad Transportation Property.

NY Transp L § 18 (2019) (N/A)
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(a) property noncontiguous to line rights of way and yards, except when such property has been made noncontiguous as a result of a previous sale or release of the preferential right, and

(b) side and spur track properties not greater than one-fourth mile in length, except when sales of such property would make adjoining rights of way noncontiguous. 7. The commissioner, when he deems it necessary, may in the manner provided by subdivision twelve of section thirty of the highway law, obtain possession of any property acquired pursuant to this section. 8. The commissioner, in the manner provided by subdivision thirteen-c of section thirty of the highway law, shall manage and receive fair and reasonable value for the holding, use or occupancy of property acquired pursuant to this section. 9. The provisions of this section shall not apply to a railroad company owned and operated by a municipal corporation.