NY Pub Auth L § 2563 (2021)
2021 New York Laws PBA - Public Authorities Article 8 - Miscellaneous Authorities Title 27 - New York Convention Center Operating Corporation 2563 - General Powers of the Corporation.

§  2563.  General  powers  of  the corporation. In the exercise of the powers conferred and the performance of the duties imposed  upon  it  by section twenty-five hundred sixty-four of this title, and subject to the limitations  contained  in other sections of this title, the corporation shall have the following general powers:   1. To sue and be sued;   2. To have a seal and alter the same at pleasure;   3. To make by-laws for the management and regulation of its affairs;   4. To make and execute contracts and all other  instruments  including leases and subleases necessary or convenient to accomplish its corporate purposes,  including,  without limitation, the operation and maintenance of the convention center;   5. To purchase, receive, take  by  gift,  grant,  devise,  bequest  or otherwise,  lease  or otherwise acquire, own, hold, improve, employ, use and otherwise deal in and  with,  real  or  personal  property,  or  any interest  therein,  including  air and subsurface rights and lands under water at the site of the convention center or in  the  general  vicinity thereof;   6. To accept grants, loans, contributions, subsidies or other forms of financial  assistance from the United States, the state and the city, or any agency or  instrumentality  thereof,  and  from  any  other  source, including gifts or transfers by bequest or otherwise, and to use same or expend the proceeds thereof for its corporate purposes;   7.  To invest any funds held in reserve or any moneys not required for immediate use or disbursement, at the discretion of the corporation,  in obligations  of the state or the United States government or obligations the principal and interest of which are guaranteed by the state  or  the United  States  government,  or  in  accordance  with  the provisions of section ninety-eight-a of the state finance law;   8. Subject to the approval of the director of the budget in such  form as  he  shall specify, to appoint such officers, agents and employees as it may require for the  performance  of  its  duties,  and  to  fix  and determine their qualifications, duties and compensation and to retain or employ  other  agents, including but not limited to architects, counsel, auditors, engineers and private  consultants  on  a  contract  basis  or otherwise for rendering professional or technical services and advice;   9.  With  the  consent  of the state, to use the agents, employees and facilities of the state, paying to the state its  agreed  proportion  of the compensation or costs;   10.  To  fix  and collect rents, rates, fees and other charges for the use of the convention center;   11. To enter into agreements with the  city  and  the  state  and  the United  States,  or  any agency or instrumentality thereof, individuals, firms or corporations for any lawful purposes necessary or desirable  to effectuate the purposes of this title; and   12. To do all things necessary or convenient to carry out the purposes and provisions of this title.   13.  (a)  Notwithstanding  paragraph three of subdivision b of section six hundred of the retirement and social security  law  and  subdivision four  of  section two hundred one of the civil service law, or any other general, special or local law, the corporation may provide to persons in its employ any retirement benefits provided or required pursuant to  any agreement with a labor union of which its employees are members, and the corporation  is hereby authorized retroactively or in the future to make such contributions as may be necessary to provide such benefits, and any and all payments heretofore made by the corporation in  compliance  with any such agreement shall be and hereby are ratified and confirmed.  (b)  Notwithstanding  paragraph  three of subdivision b of section six hundred of the retirement and social security law, persons in the employ of the corporation on whose behalf the corporation  has  made  or  shall make  payments  pursuant  to  paragraph  (a)  of  this subdivision shall neither  be  required  nor  permitted  to become members of the New York state and local  employees'  retirement  system  for  so  long  as  such payments  continue;  provided,  however,  that nothing in this paragraph shall be deemed to affect the rights and privileges of  persons  in  the employ of the corporation who are enrolled members of the New York state and  local  employees'  retirement  system on the effective date of this subdivision, and further, that  this  paragraph  shall  not  affect  the membership  of persons in the employ of the corporation who are enrolled members of the New York state and local employees' retirement system  on the effective date of this subdivision.