- Grand Larceny in New York State is the taking of property that doesn’t belong to you valued at $3,000 or more.
- When you’re charged with the more serious offense of grand larceny, the judge can require a higher bail because it is a felony.
- If you’re found guilty or plead guilty to that felony charge, you could, depending upon your record and history, be subject to a state prison sentence, a local jail sentence, or a probationary period of five years.