2023 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.