EXHIBIT 21
                                
                                
                          SUBSIDIARIES
                               OF
                HOME PROPERTIES OF NEW YORK, INC.
                     as of December 31, 1996
                                
                                

1.   Home Properties of New York, L.P.

2.   Through Home Properties of New York, L.P. (the "Operating
     Partnership"), Home Properties of New York, Inc. has
     interests in the following entities:

     *    The Operating Partnership owns 9,900 shares of non-
          voting common stock of Home Properties Management,
          Inc., a Maryland corporation.  Officers and directors
          of Home Properties own 100 shares of voting common
          stock of Home Properties Management, Inc.  Such shares
          represent all of the outstanding common stock of Home
          Properties Management.
     
     *    The Operating Partnership owns 891 shares of non-voting
          common stock of Conifer Realty Corporation, a Maryland
          corporation.  Officers and directors of Home Properties
          own 9 shares of voting stock of Conifer Realty
          Corporation.  Such shares represent all of the
          outstanding common stock of Conifer Realty Corporation.


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