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- Petty larceny is a serious offense because it’s a misdemeanor.
- In New York State, if you go into a store or take an item that doesn’t belong to you and the value is small, it’s deemed petty larceny.
- What elevates it to a grand larceny felony is the dollar amount or the value of the item.
- It can be deemed a robbery if you physically take an item from someone’s person or threaten the use of a weapon or display the use of a weapon in the commission of larceny.