N.Y. Penal Law § 190.42: Criminal usury in the first degree

§ 190.42 Criminal usury in the first degree.

A person is guilty of criminal usury in the first degree when, not

being authorized or permitted by law to do so, he knowingly charges,

takes or receives any money or other property as interest on the loan or

forbearance of any money or other property, at a rate exceeding

twenty-five per centum per annum or the equivalent rate for a longer or

shorter period and either the actor had previously been convicted of the

crime of criminal usury or of the attempt to commit such crime, or the

actor's conduct was part of a scheme or business of making or collecting

usurious loans.

Criminal usury in the first degree is a class C felony.