SECURITIES AND EXCHANGE COMMISSION
                            Washington, D.C.  20549

                                   FORM 8-K
               Current Report Pursuant to Section 13 or 15(d) of
                          The Securities Act of 1934

        Date of Report (Date of earliest event reported): June 2, 2000

                       HOME PROPERTIES OF NEW YORK, INC.
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            (Exact name of registrant as specified in its charter)

       Maryland                         1-13136              16-1455126
   ----------------                 ------------               -------------
        (State or other jurisdiction     (Commission      (IRS Employer
     of incorporation)                 File No.)       Identification No.)


                 850 Clinton Square, Rochester, New York 14604
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             (Address of principal executive offices)  (zip code)

Registrant's telephone number, including area code:  (716)546-4900


                                Not Applicable
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        (Former name or former address, if changed since last report.)













Item 5. OTHER EVENTS

       On June 5, 2000, the Registrant entered into a Purchase Agreement with
The Equitable Life Assurance Society of the United States (the "Purchaser")
whereby the Registrant agreed to sell
to the Purchaser 250,000 shares of Series D Cumulative Convertible Preferred
Stock.

         The related press release is attached hereto as Exhibit 99.1.  The
Purchase Agreement is attached hereto as Exhibit 10.1 and the related Articles
Supplementary are attached hereto as Exhibit 3.1.

Item 7. FINANCIAL STATEMENTS AND EXHIBITS

       c.    Exhibits

             Exhibit 3.1   Articles Supplementary

            Exhibit 10.1   Purchase Agreement between Home Properties of New
York, Inc. and The Equitable Life Assurance Society of the United States.

            Exhibit 99.1   Press Release














                                  SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


Dated:  June 12,  2000           HOME PROPERTIES OF NEW YORK, INC.
                                 (Registrant)


                                  By: /s/ Amy L. Tait
                                 -------------------------
                                 Amy L. Tait, Executive Vice President