N.Y. Comp. Codes R. & Regs. tit. 9, § 64.2
No licensee shall sell, offer for sale, agree to sell or deliver in this State, to a retail licensee holding a license pursuant to section 63 or 64 of the Alcoholic Beverage Control Law, any liquor described and identified by warehouse receipts unless such licensee is the holder of a license pursuant to section 61 or 62 of the Alcoholic Beverage Control Law, except as hereinafter provided.