New York Consolidated Laws, Eminent Domain Procedure Law - EDP § 303. Offer

The condemnor shall establish an amount which it believes to represent just compensation for the real property to be acquired.  The condemnor shall make a written offer to acquire the property for one hundred per centum of the valuation so established.  In no event shall such amount be less than the condemnor's highest approved appraisal.  Wherever practicable, the condemnor shall make the offer prior to acquiring the property and shall also wherever practicable, include within the offer an itemization of the total direct, the total severance or consequential damages and benefits as each may apply to the property.