U.S. SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                     FORM 4

                  STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
       Section 17(a) of the Public Utility Holding Company Act of 1935 or
               Section 30(f) of the Investment Company Act of 1940

[_]  Check box if no longer  subject to Section 16. Form 4 or Form 5 obligations
     may continue. See Instruction 1(b).

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1.   Name and Address of Reporting Person*

  Falk                              Johanna                A.
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   (Last)                           (First)             (Middle)

  82 Whitestone Lane
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                                    (Street)

  Rochester                          NY                 14618
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   (City)                           (State)              (Zip)


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2.   Issuer Name and Ticker or Trading Symbol

  Home Properties of New York, Inc. (HME)

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3.   IRS Identification Number of Reporting Person, if an Entity (Voluntary)



________________________________________________________________________________
4.   Statement for Month/Year

      May/2002

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5.   If Amendment, Date of Original (Month/Year)


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6.   Relationship of Reporting Person to Issuer
     (Check all applicable)

     [ ]  Director                             [_]  10% Owner
     [x]  Officer (give title below)           [_]  Other (specify below)

     Senior Vice President
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7.   Individual or Joint/Group Filing (Check applicable line)

     [x]  Form filed by one Reporting Person
     [_]  Form filed by more than one Reporting Person
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           Table I -- Non-Derivative Securities Acquired, Disposed of,
                             or Beneficially Owned
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                                                                                                                6.
                                                                 4.                              5.             Owner-
                                                                 Securities Acquired (A) or      Amount of      ship
                                                    3.           Disposed of (D)                 Securities     Form:     7.
                                                    Transaction  (Instr. 3, 4 and 5)             Beneficially   Direct    Nature of
                                      2.            Code         ------------------------------- Owned at End   (D) or    Indirect
1.                                    Transaction   (Instr. 8)                   (A)             of Month       Indirect  Beneficial
Title of Security                     Date          ------------     Amount      or     Price    (Instr. 3      (I)       Ownership
(Instr. 3)                            (mm/dd/yy)     Code     V                  (D)             and 4)         (Instr.4) (Instr. 4)
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Common Stock, Par value $.01          04/10/02       M               212(1)      A              12,787          D
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Common Stock, Par value $.01                                                                    3,479(2)        I         By spouse
                                                                                                                          in
                                                                                                                          custodial
                                                                                                                          accounts
                                                                                                                          for minor
                                                                                                                          children

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*    If the Form is filed by more than one  Reporting  Person,  see  Instruction
     4(b)(v).

Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.

                            (Print or Type Response)                      (Over)




FORM 4 (continued)

Table II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
         (e.g., puts, calls, warrants, options, convertible securities)

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                                                                                                                    10.
                                                                                                          9.        Owner-
                                                                                                          Number    ship
                                                                                                          of        Form
                    2.                                                                                    Deriv-    of
                    Conver-                    5.                              7.                         ative     Deriv-   11.
                    sion                       Number of                       Title and Amount           Secur-    ative    Nature
                    or                         Derivative    6.                of Underlying     8.       ities     Secur-   of
                    Exer-             4.       Securities    Date              Securities        Price    Bene-     ity:     In-
                    cise     3.       Trans-   Acquired (A)  Exercisable and   (Instr. 3 and 4)  of       ficially  Direct   direct
                    Price    Trans-   action   or Disposed   Expiration Date   ----------------  Deriv-   Owned     (D) or   Bene-
1.                  of       action   Code     of(D)         (Month/Day/Year)            Amount  ative    at End    In-      ficial
Title of            Deriv-   Date     (Instr.  (Instr. 3,    ----------------            or      Secur-   of        direct   Owner-
Derivative          ative    (Month/  8)       4 and 5)      Date     Expira-            Number  ity      Month     (I)      ship
Security            Secur-   Day/     ------   ------------  Exer-    tion               of      (Instr.  (Instr.   (Instr.  (Instr.
(Instr. 3)          ity      Year)    Code V    (A)   (D)    cisable  Date     Title     Shares  5)       4)        4)       4)
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Option to Purchase  $19.00   *        *    *    *     *      *        *        *         *                1,400     D
 Common Stock
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Option to Purchase  $23.69   *        *    *    *     *      *        *        *         *                823       D
 Common Stock
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Option to Purchase  $26.50   *        *    *    *     *      *        *        *         *                1,000     D
 Common Stock
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Option to Purchase  $25.1250 *        *    *    *     *      *        *        *         *                1,000     D
 Common Stock
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Option to Purchase  $27.1250 *        *    *    *     *      *        *        *         *                10,000    D
 Common Stock
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Option to Purchase  $31.3750 *        *    *    *            *        *        *         *                10,000    D
 Common Stock
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Option to Purchase  $30.15   *        *    *    *            *        *        *         *                10,000    D
 Common Stock
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Phantom Stock Unit  1-for-1  04/10/02 M               212    04/10/02 04/10/02 Common    212              572(3)    D
                                                                               Stock
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Explanation of Responses:
(1) Represents settlement of phantom stock units pursuant to the Issuer's
Deferred Bonus Plan.

(2) Includes shares acquired during the fiscal year under the Company's
Dividend Reinvestment Plan that were exempt from Section 16(b).  The
information is as of December 31, 2001.

(2) Represents shares accrued through December 31, 2001 to the Reporting
Person's account pursuant to the Issuer's Deferred Bonus Plan less 212 shares
subsequently issued on settlement.

..

/s/ Johanna A. Falk                                         June 7, 2002
---------------------------------------------            -----------------------
**Signature of Reporting Person                                 Date

**     Intentional misstatements or omissions of facts constitute Federal
       Criminal Violations.

See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this Form, one of which must be manually signed.
       If space provided is insufficient, see Instruction 6 for procedure.

Alternatively, this form is permitted to be submitted to the Commission in
electronic format at the option of the Reporting Person pursuant to Rule
101(b)(4)of Regulation S-T.
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