Provides for the financing of the design, acquisition, construction, improvement and installation of East River Esplanade

This bill authorizes financing for physical improvements to the East River Esplanade, including boat storage under 96th Street, Pier 107, and decking over the FDR Drive. It requires these improvements to be made in exchange for hosting the East 91st Street Marine Transfer Station, aiming to address potential impacts on health and recreation. The corporation gains authority to fund these projects, subject to budget director approval, with the law taking effect immediately.