Directs the state university trustees, without any public bidding, to lease and otherwise contract to make a portion of the lands of SUNY Stony Brook on its campus to the Stony Brook Housing Development Corp. for the purpose of building undergraduate student, graduate student, faculty and staff housing; limits such lease to a period not exceeding 100 years.

The bill allows the State University of New York (SUNY) trustees to lease part of the Stony Brook University campus land to the Stony Brook Housing Development Corporation without requiring public bidding. This lease is intended for the construction of housing for undergraduate and graduate students, as well as faculty and staff. The lease term is limited to a maximum of 100 years.

Supporters argue that the bill addresses the pressing need for affordable housing on campus, benefiting students and staff by providing convenient living options. They also highlight that the long-term lease ensures stability and encourages investment in quality housing facilities.

Critics express concerns over the bypassing of public bidding processes, which could lead to a lack of transparency and potential favoritism. Additionally, some worry that a 100-year lease may limit future flexibility in campus development and land use planning.