2010 New York Code
LIE - Lien
Article 4 - (80 - 107) LIENS ON VESSELS AND ENFORCEMENT THEREOF
87 - Undertaking to accompany application.

§  87. Undertaking to accompany application. Such application shall be
  accompanied by an undertaking  in  the  sum  of  at  least  one  hundred
  dollars,  to  be approved by such justice and filed in the office of the
  clerk of the county where the notice of lien is filed, with at least one
  surety, who shall be a resident and freeholder within the state, to  the
  effect  that  if  it  is  finally  adjudged  that  the applicant was not
  entitled to the warrant, he will pay all  costs  which  may  be  awarded
  against  him, not exceeding the amount specified in the undertaking, and
  any damages sustained by reason of the seizure of the vessel under  such
  warrant, not to exceed fifty dollars.