Notwithstanding the provisions of Paragraph
(b) of Subdivision 2 of § 23 of the General City Law, or
of any special act, local law, or ordinance, the Common Council may,
by resolution approved by a vote of 2/3 of all members of the Common
Council, sell or lease real property belonging to the City, which
is not needed for a public purpose, to a particular purchaser for
a negotiated sum determined by the Common Council to be a fair price
for said property, without the necessity of competitive bidding and
upon such other terms and conditions as the Common Council may deem
appropriate.
As used in this chapter, the phrase "real property
owned by the City" shall not include real property acquired by the
City of Kingston through a foreclosure of taxes in rem, pursuant to
Article 11, Title 3, of the Real Property Tax Law of the State of
New York.