This chapter shall govern the sale of all City-owned real estate except
where said real estate was acquired pursuant to an urban renewal program as
authorized by the General Municipal Law of the State of New York.
Sale of City-owned real property may be made in any of the following
ways:
A. Private negotiated sale between the City and purchaser;
or
B. Public auction, with or without a minimum price.
No sale of property pursuant to this chapter shall be subject to a referendum.