N.Y. Comp. Codes R. & Regs. tit. 1 § 361.4

Current through Register Vol. 46, No. 50, December 11, 2024

Section 361.4 - Provisions applicable only to commercial moves

(a) The relocation payments in which the State funds may participate may not exceed $3,000 in the case of an owner or tenant of commercial property which shall include property owned or occupied by an individual, family, business concern (including the operation of a farm), and nonprofit organization. In the case of a business organization, the distance, measured by a straight line, from the point from which such business or organization was displaced to the point of relocation, shall be regarded as follows: if this distance exceeds 50 miles, the amount in which State funds will participate shall not exceed the cost of moving 50 miles or shall not exceed the cost beyond the New York State boundary line; if such boundary is within 50 miles.

(b) In the case of moving a business concern, nonprofit organization or the operation of a farm, any necessary storage during the adjustment of improvements, but not in excess of six months, may be considered as part of the moving costs.

N.Y. Comp. Codes R. & Regs. Tit. 1 § 361.4