<ARTICLE> 5
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM
HOME PROPERTIES OF NEW YORK, INC.'S FINANCIAL STATEMENTS CONTAINED IN
ITS DECEMBER 31, 1997 FORM 10-K AND IS QUALIFIED IN ITS ENTIRETY BY
REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<MULTIPLIER> 1,000
<CURRENCY> U.S. DOLLARS
       
                             
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               DEC-31-1997
<EXCHANGE-RATE>                                      1
<CASH>                                           3,809
<SECURITIES>                                         0
<RECEIVABLES>                                    3,531
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                                     0
<PP&E>                                         525,128
<DEPRECIATION>                                  46,531
<TOTAL-ASSETS>                                 543,823
<CURRENT-LIABILITIES>                                0
<BONDS>                                        210,096
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<COMMON>                                            93
<OTHER-SE>                                     151,339
<TOTAL-LIABILITY-AND-EQUITY>                   543,823
<SALES>                                              0
<TOTAL-REVENUES>                                69,697
<CGS>                                                0
<TOTAL-COSTS>                                   44,772
<OTHER-EXPENSES>                                     0
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                              11,967
<INCOME-PRETAX>                                 11,675
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                              7,427
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                (1,037)
<CHANGES>                                            0
<NET-INCOME>                                     6,390
<EPS-PRIMARY>                                      .86
<EPS-DILUTED>                                      .84