N.Y. LIE Law § 142

§ 142. Discharge of lien. Such lien may be discharged by a payment of\nthe amount due thereon, by a failure to bring an action to enforce the\nsame within the time prescribed in the preceding section, by the written\nconsent of the lienor, duly acknowledged and filed with the proper\nofficer to the effect that such lien may be discharged, and by the owner\nof such sandstone, cement stone, granite, bluestone, limestone or marble\nfiling with such officer an undertaking in an amount equal to twice the\nsum specified in the notice of lien, executed by one or more sureties\nwho shall justify in such amount and approved by the officer with whom\nthe notice of lien is filed, conditioned for the payment of the sum due\nsuch lienor, by reason of such lien, and the cost and expenses of\nenforcing the same.\n