N.Y. GMU Law § 119-BB

§ 119-bb. Definitions. When used in this article, unless a different\nmeaning clearly appears from the context, the terms listed below shall\nhave the following meanings:\n 1. "Development rights" means the rights granted to a lot or parcel of\nland under a zoning ordinance or local law respecting permissible use,\narea, bulk or height of improvements executed thereon. Development\nrights may be calculated and allocated in accordance with such factors\nas area, floor area, floor area ratios, height limitations or any other\ncriteria including assessed valuation that will effectively quantify a\nvalue for the development right in a manner that will carry out the\nobjectives of this article.\n 2. "Historic and/or cultural place or property" means any building,\nstructure, district, area, site or object, including the underground and\nunderwater sites, with significance in the history, architecture,\narcheology or culture of the state, its communities, or the nation.\n 3. "Historic district" means any area which: (a) has a special\ncharacter or special historic, architectural, archeological or cultural\nvalue; or (b) represents one or more periods or styles of architecture\ntypical of one or more eras; and (c) causes such area, by reason of such\nfactors, to constitute a distinct section.\n 4. "Historic preservation" means, for the purposes of this article and\nnotwithstanding any other provision of law, the study, designation,\nprotection, restoration, rehabilitation and use of buildings,\nstructures, districts, areas, sites or objects significant in the\nhistory, architecture, archeology or culture of this state, its\ncommunities, or the nation.\n 5. "Registered property" means any historic place or property within\nthe boundaries of the state nominated by the commissioner of parks and\nrecreation for listing on the national register of historic places or\nlisted on the New York state register of historic places established\npursuant to section 14.07 of the parks and recreation law.\n 6. "Transfer of development rights" means the process by which\ndevelopment rights are passed from one lot or parcel to another.\n