NYSentencing

§ 155.40  Grand larceny in the second degree.
  A  person  is  guilty  of  grand  larceny in the second degree when he
steals property and when:
  1. The value of the property exceeds fifty thousand dollars; or
  2.  The  property,  regardless of its nature and value, is obtained by
extortion committed by instilling in the victim a fear that the actor or
another  person  will  (a)  cause  physical injury to some person in the
future, or (b) cause damage  to  property,  or  (c)  use  or  abuse  his
position as a public servant by engaging in conduct within or related to
his official duties, or by failing or refusing to  perform  an  official
duty, in such manner as to affect some person adversely.
  Grand larceny in the second degree is a class C felony.
with Argument