SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G
                                 (Rule 13d-102)

                    INFORMATION TO BE INCLUDED IN STATEMENTS
                   FILED PURSUANT TO RULES 13d-1(b), (c), AND
                        (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)
                               (Amendment No. 1)*


                        Home Properties of New York, Inc.
                                (Name of Issuer)


                                  Common Stock
                         (Title of Class of Securities)


                                    437306103
                                 (CUSIP Number)


                                DECEMBER 31,2002
             -------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

          (x)  Rule 13d-1(b)
          ( )  Rule 13d-(c)
          ( )  Rule 13d-1(d)


----------
*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for any  subsequent  amendment  containing  information  which  would  alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).



                        (Continued on following page(s))





CUSIP No. 437306103                   13G                            Page 2 of 5



 1.  NAME OF REPORTING PERSON
     I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

     Teachers Insurance and Annuity Association of America
     I.R.S. #13-1624203


 2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*      (a) ( )
                                                            (b) ( )


 3.  SEC USE ONLY


 4.  CITIZENSHIP OR PLACE OF ORGANIZATION

     New York


NUMBER OF SHARES BENEFICIALLY OWNED
BY EACH REPORTING PERSON WITH:

     5.   SOLE VOTING POWER          1,330,608

     6.   SHARED VOTING POWER        0

     7.   SOLE DISPOSITIVE POWER     1,330,608

     8.   SHARED DISPOSITIVE POWER   0


 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                                     1,330,608


10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*  ( )


11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

                                      4.97%


12.  TYPE OF REPORTING PERSON*

                                       IC


* SEE INSTRUCTION BEFORE FILLING OUT!










CUSIP No. 437306103                   13G                            Page 3 of 5



Item 1(a).   NAME OF ISSUER:
             Home Properties of New York, INC.

Item 1(b).   ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:
             850 Clinton Square, Rochester NY 14604


Item 2(a).   NAME OF PERSON FILING:

             Teachers Insurance and Annuity Association of America

Item 2(b).   ADDRESS OF PRINCIPAL BUSINESS OFFICE:

             730 Third Avenue
             New York, NY  10017

Item 2(c).   CITIZENSHIP:

             Incorporated in New York

Item 2(d).   TITLE OF CLASS OF SECURITIES: Common Stock

Item 2(e).   CUSIP NUMBER: 437306103


Item 3.  IF THIS STATEMENT IS FILED PURSUANT TO RULES 13d-1(b), OR 13d-2(b) or
         (c), CHECK WHETHER THE PERSON FILING IS A:

(a)  ( )     Broker or dealer registered under Section 15 of the Exchange Act.
(b)  ( )     Bank as defined in Section 3(a)(6) of the Exchange Act.
(c)  (x)     Insurance company as defined in Section 3(a)(19) of the Exchange
             Act.
(d)  ( )     Investment Company registered under Section 8 of the Investment
             Company Act.
(e)  ( )     An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
(f)  ( )     An employee benefit plan or endowment fund in accordance with Rule
             13d-1(b)(1)(ii)(F);
(g)  ( )     A parent holding company or control person in accordance with Rule
             13d-1(b)(1)(ii)(G);
(h)  ( )     A savings association as defined in Section 3(b) of the Federal
             Deposit Insurance Act;
(i)  ( )     A church plan that is excluded from the definition of an investment
             company under Section 3(c)(14) of the Investment Company Act;
(j)  ( )     Group, in accordance with Rule 13d-1(b)(1)(ii)(J).





CUSIP No. 437306103                   13G                            Page 4 of 5



       If this statement is filed pursuant to Rule 13d-1(c), check this box. ( )


Item 4.  OWNERSHIP.


     (a)     Amount Beneficially Owned:  1,330,608
     (b)     Percent of Class:           4.97%
     (c)     Number of shares as to which such person has:

          (i)   sole power to vote or to direct the vote: 1,330,608

          (ii)  shared power to vote or to direct the vote: 0

          (iii) sole power to dispose or to direct the disposition of: 1,330,608

          (iv)  shared power to dispose or to direct the disposition Of: 0


Item 5.  OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.

If this  statement  is being filed to report the fact that as of the date hereof
the  reporting  person has ceased to be the  beneficial  owner of more than five
percent of the class of securities, check the following (x).


Item 6.  OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.

                                 Not Applicable


Item 7.  IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE
         SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.

                                 Not Applicable





CUSIP No. 437306103                   13G                            Page 5 of 5



Item 8.  IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.

                                 Not Applicable


Item 9.   NOTICE OF DISSOLUTION OF GROUP:    Not Applicable


Item 10.  CERTIFICATION.
          By  signing  below I certify  that,  to the best of my  knowledge  and
          belief, the securities referred to above were acquired and are held in
          the ordinary course of business and were not acquired and are not held
          for the purpose of or with the effect of changing or  influencing  the
          control of the issuer of the  securities and were not acquired and are
          not held in  connection  with or as a participant  in any  transaction
          having that purpose or effect.


                                    SIGNATURE

         After reasonable  inquiry and to the best of my knowledge and belief, I
certify that the information  set forth in this statement is true,  complete and
correct.

Date: February 13, 2003

                                        Teachers Insurance and Annuity
                                        Association of America



                                        By: /s/ William J. Forgione
                                            -------------------------------
                                            William J. Forgione
                                            Vice President and Chief
                                            Counsel, Investments