Relates to the amount of time between notice of a project and a public hearing

This bill modifies the New York State Urban Development Corporation Act to increase the required waiting period between publishing notice of a project and holding a public hearing. Specifically, it extends the notice period from ten days to thirty days for sales or leases of development projects and from ten days to fourteen business days for municipal property transfers and city plan filings. The legislation also allows the corporation to waive public notice requirements in specific cases where revealing information would expose trade secrets or confidential business details. By lengthening the time available for community review, the bill aims to provide more opportunity for public input before major real estate transactions are finalized.