New York Laws
Article 65 - Notice of Pendency
6501 - Notice of Pendency; Constructive Notice.

ยง 6501. Notice of pendency; constructive notice. A notice of pendency
may be filed in any action in a court of the state or of the United
States in which the judgment demanded would affect the title to, or the
possession, use or enjoyment of, real property, except in a summary
proceeding brought to recover the possession of real property. The
pendency of such an action is constructive notice, from the time of
filing of the notice only, to a purchaser from, or incumbrancer against,
any defendant named in a notice of pendency indexed in a block index
against a block in which property affected is situated or any defendant
against whose name a notice of pendency is indexed. A person whose
conveyance or incumbrance is recorded after the filing of the notice is
bound by all proceedings taken in the action after such filing to the
same extent as a party.