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New York · Through 2026-09-11

N.Y. Penal Law § 155.42: Grand larceny in the first degree

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Where this section sits in the code
  1. Penal Law
  2. Part 3. Specific Offenses
  3. Title J. Offenses Involving Theft
  4. Article 155. Larceny

* § 155.42 Grand larceny in the first degree.

A person is guilty of grand larceny in the first degree when such

person steals property and when:

1. The value of the property exceeds one million dollars; or

2. The property consists of retail goods or merchandise stolen

pursuant to a common scheme or plan or a single, ongoing intent to

deprive another or others of the property or to appropriate the property

to the actor or another person and the value of the property exceeds one

million dollars, which value may be determined by the aggregate value of

all such property regardless of whether the goods or merchandise were

stolen from the same owner. Nothing in this subdivision shall be read to

limit the ability to aggregate the value of any property or the ability

to charge the larceny of retail goods or merchandise under another

applicable provision of law.

Grand larceny in the first degree is a class B felony.

* NB Separately amended; cannot be put together

* § 155.42 Grand larceny in the first degree.

A person is guilty of grand larceny in the first degree when:

1. such person steals property and when the value of the property

exceeds one million dollars; or

2. such person commits deed theft, regardless of the value, of (a)

residential real property that is occupied as a home by at least one

person; or (b) residential real property that involves a home that is

owned by an elderly person, an incompetent, an incapacitated person, or

physically disabled person; or (c) three or more residential real

properties.

Grand larceny in the first degree is a class B felony.

* NB Separately amended; cannot be put together

Collected 2026-09-14T19:32:45Z. Source file · JSON

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