N.Y. Comp. Codes R. & Regs. tit. 17, § 100.1
(a) Interest shall accrue on all such claims:
(2) upon the date of vesting of title to property when entry for construction purposes has not been effected.
(b) Suspensions.
Such interest will be paid on agreements of adjustment and agreements for partial and advance payment from such dates, whichever is earlier, to the date of payment of the claim except as follows:
(1) provided an acceptable agreement had not been delivered to the State, interest shall be suspended as follows:
(2) provided the amount of a claim had not been agreed upon, and claimant failed or refused to sign an agreement for partial or advance payment of the value of the claim as determined by the commissioner, interest shall be suspended on the amount of the claim so offered either:
(3) interest shall be suspended from the expiration of 30 days after either:
(ii) the date of delivery of closing papers to claimant, whichever date is later and shall remain suspended until the Attorney-General is presented with all proper proofs, instruments and vouchers in satisfactory form which he requires in order to authorize payment of the claim.
(c) Extensions.
In those cases where the Commissioner of Transportation is restrained by judicial order or proceedings, or delayed by other causes, from proceeding with the adjustment of claims, the said period of six months referred to in the subdivisions above may be extended by the commissioner for the duration of such restraint or delay and for such additional period up to and not to exceed six months after the restraint or delay is terminated.
Interest at the rate of four percent per annum to August 1, 1966 and at the rate of six percent per annum thereafter will be paid by the State on either agreements of adjustment or agreements for partial and advance payment approved on and after July 1, 1962 by the Commissioner of Transportation and, when required by statute, by the Comptroller regardless of when the property was acquired by the State on the following conditions: