New York Laws
Title 35 - Roosevelt Island Operating Corporation
2799-BBBB - Definitions.

§ 2799-bbbb. Definitions. As used in this title, the following terms
shall have the following meanings:

1. "City" shall mean the city of New York;

2. "Commissioner" shall mean the commissioner of homes and community
renewal;

3. "Corporation" shall mean the Roosevelt Island operating corporation
created by this section;

4. "Development subleases" shall mean (a) the sublease dated August
first, nineteen hundred eighty between the urban development corporation
and the city, (b) the ground lease, dated October thirtieth, nineteen
hundred seventy-two, between the urban development corporation and North
Town Phase II Houses, Inc., (c) the ground lease, dated April
twenty-fifth, nineteen hundred seventy-three, between the urban
development corporation and North Town Phase III Houses, Inc., (d) the
restated ground lease, dated November thirtieth, nineteen hundred
seventy-seven, between the urban development corporation and Rivercross
Tenants' Corporation, (e) the ground lease between the corporation and
Manhattan Park dated August fourth, nineteen hundred eighty six, (f) the
ground lease between the corporation and related and Hudson Companies
dated December twenty-first, two thousand one, and (g) the sublease
between the corporation and MEPT Octagon, LLC dated November third, two
thousand four;

5. "Division" shall mean the New York state division of housing and
community renewal;

6. "Lease" shall mean the lease, dated December twenty-third, nineteen
hundred sixty-nine, as heretofore or hereafter amended, among the city
of New York, the New York state urban development corporation and the
Roosevelt Island development corporation, pursuant to which the city
leased substantially all of Roosevelt Island to the New York state urban
development corporation for development substantially in accordance with
the development plan referred to therein;

7. "Roosevelt Island" shall mean the island located in the east river,
city and county of New York, extending from approximately fiftieth
street to eighty-sixth street in Manhattan;

8. "Safe affordable housing for everyone, inc." shall mean the New
York corporation organized under article six-A of the private housing
finance law and under the supervision and control of the commissioner;

9. "Tramway franchise" shall mean the franchise for the Roosevelt
Island tramway granted by the city to the urban development corporation
on February nineteenth, nineteen hundred seventy-four; and

10. "Urban development corporation" shall mean the New York state
urban development corporation and any successor agency.