NY Work Comp L § 81 (2021)
2021 New York Laws WKC - Workers' Compensation Article 6 - State Insurance Fund. 81 - Offices, Lands, Leaseholds and Buildings.

§ 81. Offices, lands, leaseholds and buildings. The commissioners, any   law  to  the contrary notwithstanding, (a) may lease, sub-lease, rent or   otherwise hire, on behalf of and in the sole name of the state insurance   fund and under such terms and conditions and for such period or  periods   not   in  excess  of  ninety-nine  years  as  in  the  judgment  of  the   commissioners may seem to the  best  interests  of  the  fund,  suitable   premises in the city of New York and in the city of Albany, and maintain   offices therein, and may in the same manner establish and maintain other   offices  at  such places in the state as may be required to properly and   conveniently transact the business of the fund and (b) the commissioners   may in the name of the state insurance fund, subject to the approval  of   the   superintendent  of  financial  services  as  provided  in  section   eighty-seven of this  article,  out  of  its  surplus,  (1)  acquire  by   purchase  or  acquire by gift or devise and hold and convey land with or   without buildings or  improvements  thereon,  or  acquire  by  purchase,   sub-lease, assignment, transfer, gift, devise or in any other manner and   hold  and  convey any lease, sub-lease or leasehold of real property and   for any term of years not  in  excess  of  ninety-nine  years,  and  (2)   construct  a  new  building  or  buildings  on such land or leasehold or   reconstruct or operate and maintain existing buildings, as the case  may   be,  with  facilities and appurtenances to provide suitable office space   for the convenient transaction of the business of  the  state  insurance   fund;  and (c) notwithstanding the provisions of any general, special or   local law, the commissioners are authorized to rent any available  space   in  such  premises,  buildings  or  property  not  required by the state   insurance fund to private tenants or to public agencies, with or without   leases, upon such terms and rentals as the commissioners deem to be  for   the  best  interests  of the state insurance fund. The commissioners may   manage and operate such properties or leaseholds either  by  forces  and   equipment  of  the  fund  or,  with  the approval of the director of the   budget,  by  contracting  for  the  management  and  operation  of  such   properties  or leaseholds with any person, firm or corporation that they   shall select and that is engaged in such business but no  such  contract   shall  be made for a period in excess of five years, or by a combination   of such methods. The commissioners may, from time to  time,  enter  into   agreements  modifying  any  lease or leasehold made or acquired as above   provided. The obligation of the state insurance fund or any lease  made,   modified  or  acquired  or on any contract entered into pursuant to this   section shall not be limited by any provisions of  section  eighty-eight   of  this  article  or  of  section  one hundred sixty-one-a of the state   finance law. The commissioners may sue and be sued in the  name  of  the   state  insurance fund in any form of action or proceeding on all matters   relating to ownership, management, operation and  control  of  any  such   land  and  buildings  or  leaseholds  and on all matters relating to its   rights and obligations under any lease, sub-lease, renting or hiring  of   any  such  land  and buildings and to its possession thereof and removal   therefrom.