A New York attorney will have to address this issue because New York law will apply. However, were this a California issue, there is nothing preventing the employer from enforcing this contract unless other facts exist that you have not disclosed.
You can leave any time you want, but you will face the consequences of that decision. You might be able to negotiate some buyout less than the contract amount.
Good luck to you.
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You signed a contract.
You can leave.
The employer can sue for breach of contract to recover the bonus.
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I suggest you take the contract to a California employment attorney for analysis. First, California aggressively enforces its labor and employment laws, and it is likely that California law would apply if you working within the state, regardless of the provision claiming NY law applies. Second, depending on the details of the "bonus," California law may deem it an earned commission, which would mean it is earned wages and the employer may not require you to repay it.
But no one can tell you if any of the above applies to your situation without reading the exact language of the contract and also learning the nature of the bonus.
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