N.Y. Real Property Actions & Proceedings Law § 970: Shares of unknown or absent owner

§ 970. Shares of unknown or absent owner. Where a person has been made

a defendant as an unknown person, or where the name of a defendant is

unknown, or where the summons has been served upon a defendant without

the state or by publication, and he has not appeared in the action, the

court shall direct his portion to be paid into court and invested in

permanent securities at interest, for his benefit, until claimed by him

or his legal representatives.