Authorizes the discontinuance of parkland and the granting of easements for improvements to the Metro-North railroad

This bill authorizes the City of New York to stop using specific parklands in the Bronx as public parks to make way for the Metro-North railroad. The legislation allows the Metropolitan Transportation Authority to grant easements on this land so they can build new stations and improve access to the Penn Station Access project. It also ensures that if the city received federal funding for these parks, the conversion cannot happen until the city meets federal requirements to replace the lost recreational space with equivalent land. Ultimately, this change enables the construction of four new stations in the Bronx and improved service to Pennsylvania Station.