<ARTICLE> 5
<LEGEND>
THIS RESTATED  FINANCIAL DATA SCHEDULE  CONTAINS SUMMARY  FINANCIAL  INFORMATION
EXTRACTED  FROM  HOME  PROPERTIES  OF  NEW  YORK,  INC.'S  FINANCIAL  STATEMENTS
CONTAINED  IN ITS JUNE 30, 1996 FORM 10-Q AND IS  QUALIFIED  IN ITS  ENTIRETY BY
REFERENCE  TO  SUCH  FINANCIAL  STATEMENTS.  RESTATED  TO  REFLECT  ADOPTION  OF
STATEMENT OF FINANCIAL ACCOUNTING STANDARDS NO. 128, "EARNINGS PER SHARE".
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1996
<PERIOD-START>                             JAN-01-1996
<PERIOD-END>                               JUN-30-1996
<EXCHANGE-RATE>                                      1
<CASH>                                             795
<SECURITIES>                                         0
<RECEIVABLES>                                    1,793
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         219,119
<DEPRECIATION>                                  36,022
<TOTAL-ASSETS>                                 204,868
<CURRENT-LIABILITIES>                                0
<BONDS>                                         97,028
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            54
<OTHER-SE>                                      72,953
<TOTAL-LIABILITY-AND-EQUITY>                   204,868
<SALES>                                              0
<TOTAL-REVENUES>                                21,246
<CGS>                                                0
<TOTAL-COSTS>                                   15,190
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                               4,124
<INCOME-PRETAX>                                  1,932
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              1,591
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                     1,591
<EPS-PRIMARY>                                      .29
<EPS-DILUTED>                                      .29