N.Y. Real Prop. Acts. Law § 339-r

§ 339-r. Blanket mortgages and other blanket liens affecting a unit at\ntime of first conveyance. At the time of the first conveyance of each\nunit, every mortgage and other lien affecting such unit and any other\nunit shall be paid and satisfied of record, or the unit being conveyed\nand its common interest shall be released therefrom by partial release\nduly recorded.\n