Authorizes the city of New York to sell certain lands now or formerly under the waters of Whale Creek otherwise known as Wyckoff Creek, which was a tributary of Newtown Creek

Summary

The bill lets New York City sell the waterfront parcel beneath Whale (Wyckoff) Creek in Brooklyn, but only to owners of land that directly abut the site. The mayor can approve the sale for up to five years, set the price and terms, and the city must first obtain an independent appraisal to ensure fair market value. If the sale price falls short, the city must fund additional waterfront acquisition or improvements to make up the difference.

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