NY Rapid Trans L § 32 (2021)
2021 New York Laws RAT - Rapid Transit Article 4 - Construction and Operation by the Board of Transportation 32 - Maintenance and Operation by the Board of Transportation.

§ 32. Maintenance and operation by the board of transportation.  a. If   in the opinion of the board of estimate and the mayor, or in the opinion   of  the  board  of  transportation,  either  a  contract  for equipment,   maintenance and operation, or a contract for maintenance  and  operation   as  provided  in  this  chapter  would  be inexpedient, impracticable or   prejudicial to the public interest, the board  of  transportation  shall   devise and prepare a plan for the maintenance and operation by the board   of  transportation  of any railroad which such city owns or is empowered   to acquire or operate by virtue of  any  law,  and  any  combination  of   city-owned  railroads,  or devise and prepare a plan for leasing under a   contract the use of the tracks of any railroad  for  operation  of  cars   thereon  during  a  term of not more than five years for the carrying of   passengers and property by one or more persons owning or  operating  any   railroad  in the city, or organized for the purpose of operating cars as   aforesaid over or upon any such railroad, and when such plan shall  have   been  approved  by  the  board  of  estimate and the mayor, the board of   transportation shall either maintain and operate such road  for  and  on   behalf  of the city, or allow the use of the tracks of such railroad for   the operation of cars for the transportation of persons or  property  by   any  such  person.  The  compensation  to  be  made or the rates of fare   provided for shall be stated by such  board  of  transportation  in  any   operating contract or plan aforesaid. Whenever it shall seem practicable   to reduce rates of fare, the reduction shall in the first instance be in   favor  of  school children, and then, next in order, in favor of all the   public between six and nine o'clock ante meridian, and between four  and   seven  o'clock  post  meridian,  and  then  for all the public from five   o'clock ante meridian until seven o'clock post  meridian,  and,  lastly,   for all the public at all times.b.  No  part  of  any  road,  or  of its structures and appurtenances,   constructed under the authority of  this  chapter,  shall  be  used  for   advertising purposes or for any trade, traffic or occupation, other than   required  for  the  operation  of such road, except such advertising and   such  sale  of  newspapers,  periodicals,  magazines,  books,   flowers,   confectionery  and  other  similar  articles  usually  sold  in  railway   stations, as from time to time, always with the right of revocation, may   be permitted by the board of transportation. Such  board,  however,  may   authorize  the  installation, maintenance and operation of telephones in   the stations of such road for public use. Such board  of  transportation   may  authorize or enter into a contract for the granting and exercise of   such privileges for such  period  of  years  and  upon  such  terms  and   conditions  as,  in  the  judgment  of  such board, the public interests   require.