2006 New York Code - Undertaking For Cancellation Of Notice Of Pendency.

 
    § 1348. Undertaking for cancellation of notice of pendency. The court,
  upon  motion of any person aggrieved and upon such notice of pendency as
  it may require, may direct any  county  clerk  to  cancel  a  notice  of
  pendency,  upon  such  terms  as  are  just, whether or not the judgment
  demanded would affect specific real property, if the moving party  shall
  give  an  undertaking  in an amount to be fixed by the court, and if the
  court finds  that  adequate  relief  can  be  secured  to  the  claiming
  authority by the giving of such an undertaking.