N.Y. Private Housing Finance Law § 908

§ 908. Applicability of other laws to neighborhood preservation\ncompanies. Nothing contained in this article shall be deemed or\nconstrued to prevent or deny to any neighborhood preservation company\nthe opportunity to qualify as a developer, sponsor, owner or other\nparticipant in accordance with the provisions of any article of this\nchapter, or pursuant to any other law of the state or to deny to any\nsuch company the privileges or immunities of any other provisions of\nthis chapter or other law, nor shall any neighborhood preservation\ncompany be precluded from organizing or causing to be organized or from\nacquiring any other corporation for the purpose of conducting or\ncarrying out any project, program or service authorized by any law of\nthe state.\n