N.Y. Educ. Law § 406

§ 406. Vesting of title of lands in certain cases. Boards of\neducation in cities having less than seventy thousand inhabitants are\nhereby clothed with all the powers of trustees, and the title to any and\nall lands acquired in any city under the provisions of section four\nhundred four of this chapter shall vest in the board of education\nthereof, or such other corporate body as is by law vested with the title\nto the school lands in such city. But nothing herein contained shall be\nconstrued to limit or circumscribe the powers and duties heretofore\nlodged in such board of education by law.\n