1 NAME AND ADDRESS OF REPORTING PERSON -
STATE TREASURER OF THE STATE OF MICHIGAN,
CUSTODIAN OF MICHIGAN PUBLIC SCHOOL EMPLOYEES'
RETIREMENT SYSTEM, STATE EMPLOYEES' RETIREMENT
SYSTEM, MICHIGAN STATE POLICE RETIREMENT SYSTEM,
AND MICHIGAN JUDGES RETIREMENT SYSTEM (SMRS)
Michigan Department of Treasury
Bureau of Investments
Mortgage and Real Estate Division
P.O. Box 15128
Lansing, MI 48901
2. ISSUER NAME AND TICKER -
Home Properties of New York, Inc. HME
3. IRS ID NUMBER OF REPORTING PERSON
38-6000134
4. STATEMENT FOR - DECEMBER 1999
5. NOT AN AMENDMENT
6. RELATIONSHIP OF REPORTING PERSON TO ISSUER
10% OWNER
7. INDIVIDUAL OR GROUP
FORM FILED BY ONE REPORTING PERSON
TABLE I
1. 2. 3. 4. 5. 6. 7.
TITLE DATE CODE AMOUNT A/D PRICE OWNED EOM FORM NATURE
COMMON STOCK 9/21/99 S4 50,000 D 28.4375 D
COMMON STOCK 10/27/99 S4 150,000 D 27.000 D
COMMON STOCK 11/5/99 S4 75,000 D 27.25 D
COMMON STOCK 12/23/99 S4 39,300 D 27.00 D
COMMON STOCK 12/27/99 S4 10,700 D 27.00 1,364,524 D
TABLE II -
1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
DERIVATIVE PRICE DATE CODE AQUIRED EXERCIS TITLE/AMOUNT PRICE NUMBER OWNER
SERIES A 21.00 122299 J4 1666667 12/22/99 COMMON STOCK 21.00 1666667 D
SENIOR SEE 1666667
CONVERTIBLE NOTE
PREFERRED BELOW
STOCK
NOTE: In a transaction that occurred on December 22, 1999, the SMRS
exchanged its Class A Limited Partnership interest in Home Properties
of New York, L.P. for shares of Series A Senior Preferred Stock convertible
into 1,666,667 shares of Common Stock of Home Properties of New York, Inc.
By: _
Jon M. Braeutigam, Administrator
Mortgage and Real Estate Division
Bureau of Investments 3-1-00
