New York Laws
Part 4 - Performance of Lease Contract: Repudiated, Substituted and Excused
2-A-403 - Retraction of Anticipatory Repudiation.

(1) Until the repudiating party's next performance is due, the
repudiating party can retract the repudiation unless, since the
repudiation, the aggrieved party has canceled the lease contract or
materially changed the aggrieved party's position or otherwise indicated
that the aggrieved party considers the repudiation final.
(2) Retraction may be by any method that clearly indicates to the
aggrieved party that the repudiating party intends to perform under the
lease contract and includes any assurance demanded under Section
2-A-401.
(3) Retraction reinstates a repudiating party's rights under a lease
contract with due excuse and allowance to the aggrieved party for any
delay occasioned by the repudiation.

Structure New York Laws