New York Laws
Article 16 - Neighborhood Preservation Companies
908 - Applicability of Other Laws to Neighborhood Preservation Companies.

ยง 908. Applicability of other laws to neighborhood preservation
companies. Nothing contained in this article shall be deemed or
construed to prevent or deny to any neighborhood preservation company
the opportunity to qualify as a developer, sponsor, owner or other
participant in accordance with the provisions of any article of this
chapter, or pursuant to any other law of the state or to deny to any
such company the privileges or immunities of any other provisions of
this chapter or other law, nor shall any neighborhood preservation
company be precluded from organizing or causing to be organized or from
acquiring any other corporation for the purpose of conducting or
carrying out any project, program or service authorized by any law of
the state.