§ 10. Acquisition of real property. (1) Real property may be acquired\nby the corporation or by a subsidiary, or by a municipality for the\ncorporation or a subsidiary, by gift, grant, devise, purchase,\ncondemnation or otherwise.\n (2) The corporation or a subsidiary, electing to acquire real property\nthrough acquisition, may petition the municipality to institute\nproceedings pursuant to the provisions of the eminent domain procedure\nlaw, to acquire property described in the petition for a project. The\nresolution granting the petition shall set forth the amount to be paid\nby the corporation or subsidiary to the municipality for such property\nor, in lieu thereof, that the corporation or subsidiary shall pay to the\nmunicipality all sums expended or required to be expended by the\nmunicipality in the acquisition thereof, and the time of payment and\nmanner of securing payment thereof, and may require that the\nmunicipality shall receive, before proceeding with the acquisition of\nsuch property, such assurances as to payment or reimbursement by the\ncorporation or subsidiary or otherwise as the municipality may deem\nadvisable. Upon the passage of a resolution by the local governing body\nof the municipality granting the petition, the corporation or subsidiary\nshall cause two copies of surveys or maps of the property described in\nthe petition to be made, one of which shall be filed in the office of\nthe corporation or subsidiary, one in the office of the corporation\ncounsel or chief law officer of the municipality. The filing of such\ncopies of surveys or maps shall be conclusive evidence of the acceptance\nby the corporation or subsidiary of the terms and conditions of such\nresolution. When title to the property shall have vested in the\nmunicipality, it shall convey the same to the corporation or subsidiary\nupon payment by the corporation or subsidiary of the sums or the giving\nof the security required by the resolution granting the petition. As\nsoon as title shall have vested in the municipality, the corporation or\nsubsidiary may, upon the authorization of the chief executive officer,\nenter upon the property taken, take over and dispose of existing\nimprovements, and carry out the terms of the project with respect\nthereto. Whenever in connection with such proceedings, requirement is\nmade in any applicable general, special or local law for the performance\nof an act by a department or officer of the municipality, it shall be\nregarded for the purposes of this section as compliance therewith if\nwith the approval of the chief executive officer such act is performed\nby the corporation or subsidiary or by persons specially designated by\nit.\n (3) In any proceedings for the assessment of compensation and damages\nfor property taken or to be taken by condemnation by or for the\ncorporation or subsidiary, the following provisions shall be applicable:\n (a) Evidence of the price and other terms upon any sale or the rent\nreceived or reserved, whichever is less, and other terms upon any\noption, lease or tenancy relating to any of the property taken or to be\ntaken or to any similar property in the vicinity when the option, sale\nor lease was given, occurred or the tenancy existed, within a reasonable\ntime of the trial, shall be admissible on direct examination. At any\nstage of the proceedings, the court or tribunal may require such prior\nnotice to be given of an intention to introduce evidence as to the sale,\noption, leasing or tenancy of property other than the property directly\ninvolved in the proceeding and of particulars relating thereto as it may\ndeem necessary to prevent surprise.\n (b) The deposition of any person, whether or not a party, may be taken\nin the manner provided by article thirty-one of the civil practice law\nand rules, and the provisions of this section. Such deposition may be\ntaken upon any question or issue in the proceeding, including the facts\nas to any sale, option, lease or t
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