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<SEC-DOCUMENT>0000930413-08-002122.txt : 20080331
<SEC-HEADER>0000930413-08-002122.hdr.sgml : 20080331
<ACCEPTANCE-DATETIME>20080331122920
ACCESSION NUMBER:		0000930413-08-002122
CONFORMED SUBMISSION TYPE:	N-Q
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20080131
FILED AS OF DATE:		20080331
DATE AS OF CHANGE:		20080331
EFFECTIVENESS DATE:		20080331

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLACKROCK NEW YORK MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001137390
		IRS NUMBER:				510409117
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-Q
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-10337
		FILM NUMBER:		08722718

	BUSINESS ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
		BUSINESS PHONE:		888-825-2257

	MAIL ADDRESS:	
		STREET 1:		100 BELLEVUE PARKWAY
		STREET 2:		MUTUAL FUND DEPARTMENT
		CITY:			WILMINGTON
		STATE:			DE
		ZIP:			19809
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-Q
<SEQUENCE>1
<FILENAME>c52595_n-q.htm
<TEXT>

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   <TITLE></TITLE>
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<br>

<P align="center">
<FONT size=2 face="serif">UNITED STATES </FONT><BR>
<FONT size=2 face="serif">SECURITIES AND EXCHANGE COMMISSION</FONT><BR>
<FONT size=2 face="serif">Washington, D.C. 20549 </FONT></P>
<P align="center">
<B><FONT size=2 face="serif">FORM N-Q</FONT></B></P>
<P align="center">
<B><FONT size=2 face="serif">QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED</FONT></B><BR>
<B><FONT size=2 face="serif">MANAGEMENT INVESTMENT COMPANY </FONT></B></P>
<P align="left">
<FONT size=2 face="serif">Investment Company Act file number 811-10337 </FONT></P>
<P align="left">
<FONT size=2 face="serif">Name of Fund: &nbsp;&nbsp;&nbsp;BlackRock New York Municipal Income Trust (BNY)</FONT></P>
<P align="left">
<FONT size=2 face="serif">Fund Address: &nbsp;&nbsp;&nbsp;100 Bellevue Parkway, Wilmington, DE 19809 </FONT></P>
<div style="margin-left:40px;text-indent:-40px">
<FONT size=2 face="serif">Name and address of agent for service: &nbsp;&nbsp;&nbsp;Donald C. Burke,
Chief Executive Officer, BlackRock New York Municipal Income Trust, 800 Scudders
Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box 9011, Princeton,
NJ, 08543-9011 </FONT></div>
<P align="left">
<FONT size=2 face="serif">Registrant&#146;s telephone number, including area code: &nbsp;&nbsp;&nbsp;(800) 882-0052, Option 4 </FONT></P>
<P align="left">
<FONT size=2 face="serif">Date of fiscal year end: &nbsp;&nbsp;&nbsp;10/31/2008 </FONT><BR>
<BR>
<FONT size=2 face="serif">Date of reporting period: &nbsp;&nbsp;&nbsp;11/01/2007 &#150; 01/31/2008</FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>
<br>


<P align="left">
<FONT size=2 face="serif">Item 1 &#150; Schedule of Investments</FONT></P>
<BR>

<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=left nowrap>
<B><FONT size=4 face="serif">BlackRock New York Municipal Income Trust</FONT></B>       </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Schedule of Investments as of January 31, 2008 (Unaudited)</FONT></B>      </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">(in Thousands)</FONT></B>  </TD>
</TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="2" align=right nowrap><B><FONT size=2 face="serif">Face</FONT></B> </TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD colspan="2" align=right nowrap style="border-bottom:1px solid #000000;"><B><FONT size=2 face="serif">Amount</FONT></B> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><B><FONT size=2 face="serif">Municipal
          Bonds</FONT></B> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=center nowrap style="border-bottom:1px solid #000000;"><B><FONT size=2 face="serif">Value</FONT></B> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap><B><FONT size=2 face="serif">New York - 132.8%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></B></TD>
    <TD>&nbsp;</TD>
    <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">&#36;</FONT> </TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">910</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Albany,
        New York, IDA, Civic Facility Revenue Bonds (New Covenant Charter School
        Project), <br>
      Series A ,7% due 5/01/2025</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">&#36;</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">750</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">590</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Albany,
        New York, IDA, Civic Facility Revenue Bonds (New Covenant Charter School
        Project), <br>
      Series A, 7% due 5/01/2035</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">477</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">7,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Dutchess
        County, New York, IDA, Civic Facility Revenue Refunding Bonds (Bard College),
        <br>
      Series A-2, 4.50% due 8/01/2036</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">6,634</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">500</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Genesee
        County, New York, IDA, Civic Facility Revenue Refunding Bonds (United
        Memorial <br>
      Medical Center Project), 5% due 12/01/2027</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">448</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">4,900</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Hudson
        Yards Infrastructure Corporation, New York, Revenue Bonds, Series A,
        <br>
      4.50% due 2/15/2047 (f)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">4,667</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Hudson
        Yards Infrastructure Corporation, New York, Revenue Bonds, Series A,
        5% due 2/15/2047</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">988</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">5,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Long
        Island Power Authority, New York, Electric System Revenue Refunding Bonds,
        Series B, <br>
      5% due 12/01/2035</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">5,133</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">2,500</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Long
        Island Power Authority, New York, Electric System Revenue Refunding Bonds,
        Series B, <br>
      5% due 12/01/2035 (c)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">2,575</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">2,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Madison
        County, New York, IDA, Civic Facility Revenue Bonds (Colgate University
        Project), Series B, <br>
      5% due 7/01/2033</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">2,055</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">700</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Madison
        County, New York, IDA, Civic Facility Revenue Bonds (Commons II LLC -
        Student Housing), <br>
      Series A, 5% due 6/01/2033 (c)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">692</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Metropolitan
        Transportation Authority, New York, Dedicated Tax Fund Revenue Refunding
        Bonds, <br>
      Series A, 5% due 11/15/2030</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12,271</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">12,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Metropolitan
        Transportation Authority, New York, Revenue Refunding Bonds, Series A,
        <br>
      5.125% due 11/15/2031</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">12,231</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">5,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">New
        York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball Stadium
        Project), <br>
      5% due 1/01/2036 (b)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">5,025</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,500</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">New
        York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball Stadium
        Project), <br>
      5% due 1/01/2039 (b)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,506</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">New
        York City, New York, City IDA, PILOT Revenue Bonds (Queens Baseball Stadium
        Project), <br>
      5% due 1/01/2046 (b)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">998</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">New
        York City, New York, City IDA, PILOT Revenue Bonds (Yankee Stadium Project),
        <br>
      5% due 3/01/2036 (f)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,005</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">3,500</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">New
        York City, New York, City IDA, PILOT Revenue Bonds (Yankee Stadium Project),
        <br>
      5% due 3/01/2046 (d)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">3,494</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=right valign="top" nowrap><FONT size=2 face="serif">1,550</FONT> </TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap><FONT size=2 face="serif">New York City,
        New York, City IDA, Parking Facility Revenue Bonds (Royal Charter Properties
        Inc.-</FONT> </TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">The
        New York and Pennsylvania Hospital Leasehold Project), 5.25% due 12/15/2032
        (e)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,661</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">2,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">New
        York City, New York, City IDA, Revenue Bonds (IAC/InterActiveCorp Project),
        5% due 9/01/2035</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,813</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=right valign="top" nowrap><FONT size=2 face="serif">3,200</FONT> </TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap><FONT size=2 face="serif">New York City,
        New York, City IDA, Special Facility Revenue Bonds (American Airlines,
        Inc. - JFK </FONT> </TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">International
        Airport), AMT, 7.625%
        due 8/01/2025</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">3,422</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">4,000</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">New
        York City, New York, City IDA, Special Facility Revenue Bonds (Continental
        Airlines Inc. Project), <br>
      AMT, 7.75% due 8/01/2031</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">4,313</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=right valign="top" nowrap><FONT size=2 face="serif">2,750</FONT> </TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap><FONT size=2 face="serif">New York City,
        New York, City Municipal Water Finance Authority, Second General Resolution,
        Water and Sewer</FONT> </TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">System
        Revenue Bonds, Series AA, 4.50% due 6/15/2037 (f)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">2,654</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=right valign="top" nowrap><FONT size=2 face="serif">4,000</FONT> </TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap><FONT size=2 face="serif">New York City,
        New York, City Municipal Water Finance Authority, Water and Sewer System
        Revenue Bonds,</FONT> </TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Series
        A, due
        6/15/2032 (d)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">4,068</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=right valign="top" nowrap><FONT size=2 face="serif">1,250</FONT> </TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap><FONT size=2 face="serif">New York City,
        New York, City Municipal Water Finance Authority, Water and Sewer System
        Revenue Bonds, </FONT> </TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Series
        A, 4.25%
        due 6/15/2039 (e)</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,180</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,500</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">New
        York City, New York, City Municipal Water Finance Authority, Water and
        Sewer System Revenue Bonds, <br>
      Series D, 5% due 6/15/2038</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">1,546</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=right valign="top" nowrap><FONT size=2 face="serif">6,500</FONT> </TD>
    <TD>&nbsp;</TD>
    <TD align=left><FONT size=2 face="serif">New York City,
        New York, City Municipal Water Finance Authority, Water and Sewer System,
        Revenue </FONT> </TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">Refunding
        Bonds, Series C, 5%
        due 6/15/2032</FONT> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;"><FONT size=2 face="serif">6,723</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom" bgcolor="#E6E6E6">
    <TD colspan=6 align=left nowrap bgcolor="#E6E6E6" style="border-bottom:1px solid #000000;"><B><FONT size=2 face="serif">Portfolio
          Abbreviations</FONT></B> </TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
    <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD colspan=6 align=left><font size=2 face="serif">To </font><font size=2 face="serif">simplify</font><font size=2 face="serif"> the
        listings of </font><font size=2 face="serif">BlackRock</font><font size=2 face="serif"> New
        York </font><font size=2 face="serif">Municipal</font><font size=2 face="serif"> Income
        Trust, </font><font size=2 face="serif">portfolio</font><font size=2 face="serif">&nbsp; </font><font size=2 face="serif">holdings</font><font size=2 face="serif"> in
        the </font><font size=2 face="serif">Schedule</font><font size=2 face="serif"> of </font><font size=2 face="serif">Investments,</font><font size=2 face="serif"> we
        have </font><font size=2 face="serif">abbreviated</font><font size=2 face="serif"> the
        names of many of the </font><font size=2 face="serif">securities</font><font size=2 face="serif">&nbsp; </font><font size=2 face="serif">accordin </font><font size=2 face="serif">g
        to the list below.</font></TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
    <TD align=left nowrap>&nbsp;</TD>
  </TR>
</TABLE>
<TABLE width="80%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width=9% align=left nowrap>
<B><FONT size=2 face="serif">AMT</FONT></B>     </TD>
        <TD width=38% align=left nowrap>
<FONT size=2 face="serif">Alternative Minimum Tax (subject to)</FONT>   </TD>
        <TD width=3%>&nbsp;     </TD>
        <TD width=9% align=left nowrap>
<B><FONT size=2 face="serif">IDR</FONT></B>     </TD>
        <TD width=41% align=left nowrap>
<FONT size=2 face="serif">Industrial Development Revenue Bonds</FONT>   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>
<B><FONT size=2 face="serif">GO</FONT></B>      </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">General Obligations Bonds</FONT>      </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">M/F</FONT></B>     </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">Multi-Family</FONT>   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>
<B><FONT size=2 face="serif">HFA</FONT></B>     </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">Housing Finance Agency</FONT> </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">PILOT</FONT></B>   </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">Payment in Lieu of Taxes</FONT>       </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>
<B><FONT size=2 face="serif">IDA</FONT></B>     </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">Industrial Development Authority</FONT>       </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>
<B><FONT size=2 face="serif">TFABS</FONT></B>   </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">Tobacco Flexible Amortization Bonds</FONT>    </TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="sans-serif">1</FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=left nowrap>
<B><FONT size=4 face="serif">BlackRock New York Municipal Income Trust</FONT></B>       </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Schedule of Investments as of January 31, 2008 (Unaudited)</FONT></B>      </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">(in Thousands)</FONT></B>  </TD>
</TR>
</TABLE>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=right nowrap>
<B><FONT size=2 face="serif">Face</FONT></B>    </TD>
        <TD>&nbsp;      </TD>
        <TD width="90%" align=left nowrap>&nbsp;        </TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Amount</FONT></B>  </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Municipal Bonds</FONT></B> </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Value</FONT></B>   </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</TD>
        <TD align=right valign="bottom" nowrap>
<FONT size=2 face="serif">&#36;</FONT>  </TD>
    <TD align=right valign="bottom">
<FONT size=2 face="serif">5,000</FONT>  </TD>
    <TD>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD width="90%" align=left>
<FONT size=2 face="serif">New York City, New York, City Municipal Water Finance
Authority, Water and Sewer System, Revenue Refunding </FONT>    </TD>
    <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Bonds, Series D, 5% due 6/15/2039</FONT>       </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">&#36;</FONT>  </TD>
        <TD align=right style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5,152</FONT>  </TD>
    <TD align=right style="border-bottom:1px solid #000000;">&nbsp;&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">500</FONT>    </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, City Transitional Finance Authority, Building Aid Revenue Bonds, Series S-1, <br>
5% due 7/15/2031 (d)</FONT>     </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">516</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,700</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, City Transitional Finance Authority, Building Aid Revenue Bonds, Series S-2, <br>
4.25% due 1/15/2034 (d)</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,578</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,495</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, City Transitional Finance Authority, Future Tax Secured Revenue Bonds, Series C, <br>
5% due 5/01/2009 (g)</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,564</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, GO, Series C, 5.375% due 3/15/2012 (g)</FONT>        </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,650</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,200</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, GO, Series D, 5.375% due 6/01/2012 (g)</FONT>        </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,449</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">4,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, GO, Series D, 5.375% due 6/01/2032</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">4,135</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">750</FONT>    </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, IDA, Civic Facility Revenue Bonds (Marymount School of New York Project), <br>
5.125% due 9/01/2021 (a)</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">727</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, IDA, Civic Facility Revenue Bonds (Marymount School of New York Project), <br>
5.25% due 9/01/2031 (a)</FONT>     </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,791</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">3,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, IDA, Civic Facility Revenue Refunding Bonds (Polytechnic University), <br>
5.25% due 11/01/2037 (a)</FONT>        </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,622</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">14,850</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York City, New York, IDA, Special Airport Facility Revenue Bonds (Aero JFK I, LLC Project), AMT,  <br>Series A,
5.50% due 7/01/2028</FONT>     </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">13,974</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10,010</FONT>       </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York Convention Center Development Corporation, New York, Revenue Bonds (Hotel Unit Fee Secured), <br>5%
due 11/15/2044 (b)</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10,177</FONT>     </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,700</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York Counties Tobacco Trust III, Tobacco Settlement Pass-Through Bonds, 6% due 6/01/2043</FONT>   </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,877</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">7,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York Liberty Development Corporation Revenue Bonds (Goldman Sachs Headquarters), 5.25% due 10/01/2035</FONT>      </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">7,347</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,740</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York Liberty Development Corporation Revenue Bonds (National Sports Museum Project), Series A, <br>
6.125% due 2/15/2019</FONT>        </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,732</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">4,855</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State Dormitory Authority, Mental Health Services Facilities Improvement, Revenue Bonds, Series B, <br>
5% due 2/15/2035 (b)</FONT>       </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">4,962</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">500</FONT>    </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State Dormitory Authority, Non-State Supported Debt Revenue Bonds (Manhattan College), Series B, <br>
5.30% due 7/01/2037 (h)</FONT>      </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">507</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=right valign="top" nowrap>
<FONT size=2 face="serif">530</FONT>    </TD>
    <TD>&nbsp;      </TD>
        <TD width="90%" align=left>
<FONT size=2 face="serif">New York State Dormitory Authority, Non-State Supported
Debt Revenue Bonds (New York University Hospitals</FONT>   </TD>
    <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif"> Center), Series B, 5.625% due 7/01/2037</FONT>   </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">528</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=right valign="top" nowrap>
<FONT size=2 face="serif">3,000</FONT>  </TD>
    <TD>&nbsp;      </TD>
        <TD width="90%" align=left>
<FONT size=2 face="serif">New York State Dormitory Authority, Non-State Supported Debt, Revenue Refunding Bonds</FONT>  </TD>
    <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">(Mount Sinai-NYU Medical Center Health System), Series C, 5.50% due 7/01/2026</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">3,015</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=right valign="top" nowrap>
<FONT size=2 face="serif">1,000</FONT>  </TD>
    <TD>&nbsp;      </TD>
        <TD width="90%" align=left>
<FONT size=2 face="serif">New York State Dormitory Authority, Non-State Supported Debt, Revenue Refunding Bonds</FONT>  </TD>
    <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">(Mount Sinai School of Medicine of New York University), 5% due 7/01/2035 (f)</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,016</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">9,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State Dormitory Authority Revenue Bonds (New School University), 5% due 7/01/2041 (f)</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">9,050</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State Dormitory Authority Revenue Bonds (New York University), Series 2, 5% due 7/01/2041 (b)</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5,064</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State Dormitory Authority Revenue Bonds (North Shore - Long Island Jewish Health System), <br>
5.375% due 5/01/2013 (g)</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,260</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State Dormitory Authority Revenue Bonds (North Shore - Long Island Jewish Health System), <br>
5.50% due 5/01/2013 (g)</FONT>     </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,272</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">850</FONT>    </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State, HFA, M/F Housing Revenue Bonds (Kensico Terrace Apartments), AMT, Series B, <br>
4.95% due 2/15/2038</FONT>        </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">818</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">15,500</FONT> </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, AMT, 31st Series A, 5.30% due 10/01/2031</FONT>     </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">15,562</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5,560</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State Mortgage Agency Revenue Bonds, AMT, Series 101, 5.40% due 4/01/2032</FONT>     </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5,605</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,175</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">New York State Thruway Authority, General Revenue Refunding Bonds, Series H, 5% due 1/01/2037 (d)</FONT>      </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,221</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=right valign="top" nowrap>
<FONT size=2 face="serif">8,815</FONT>  </TD>
    <TD>&nbsp;      </TD>
        <TD width="90%" align=left>
<FONT size=2 face="serif">Port Authority of New York and New Jersey, Special
Obligation Revenue Bonds (Continental Airlines, Inc. - LaGuardia  </FONT>  </TD>
    <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Project), AMT, 9.125% due 12/01/2015</FONT>     </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">9,144</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=right valign="top" nowrap>
<FONT size=2 face="serif">7,000</FONT>  </TD>
    <TD>&nbsp;      </TD>
        <TD width="90%" align=left>
<FONT size=2 face="serif">Port Authority of New York and New Jersey, Special
Obligation Revenue Bonds (JFK International Air Terminal), AMT, </FONT> </TD>
    <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Series 6, 5.75% due 12/01/2022 (f)</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">7,149</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=right valign="top" nowrap>
<FONT size=2 face="serif">2,500</FONT>  </TD>
    <TD>&nbsp;      </TD>
        <TD width="90%" align=left>
<FONT size=2 face="serif">Rensselaer Tobacco Asset Securitization Corporation,
New York, Tobacco Settlement Asset-Backed Revenue Bonds,  </FONT>      </TD>
    <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
    <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
  <TD align=right nowrap>&nbsp;</TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Series A, 5.75% due 6/01/2043</FONT>      </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,531</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;</TD>
</TR>
</TABLE>
<BR>
<P align="center">
<FONT size=2 face="sans-serif">2</FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=left nowrap>
<B><FONT size=4 face="serif">BlackRock New York Municipal Income Trust</FONT></B>       </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Schedule of Investments as of January 31, 2008 (Unaudited)</FONT></B>      </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">(in Thousands)</FONT></B>  </TD>
</TR>
</TABLE><BR>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=right nowrap>
<B><FONT size=2 face="serif">Face</FONT></B>    </TD>
        <TD>&nbsp;      </TD>
        <TD width="90%" align=left nowrap>&nbsp;        </TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Amount</FONT></B>  </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Municipal Bonds</FONT></B> </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Value</FONT></B>   </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap bgcolor="#E6E6E6">&nbsp;  </TD>
        <TD bgcolor="#E6E6E6">&nbsp;    </TD>
        <TD align=left nowrap bgcolor="#E6E6E6">
<FONT size=2 face="serif">&#36;</FONT>  </TD>
        <TD align=right valign="top" nowrap bgcolor="#E6E6E6">
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,000</FONT>      </TD>
    <TD bgcolor="#E6E6E6">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</TD>
        <TD width="90%" align=left bgcolor="#E6E6E6">
<FONT size=2 face="serif">Rockland Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Revenue Bonds,</FONT>    </TD>
    <TD align=right nowrap bgcolor="#E6E6E6">&nbsp; </TD>
        <TD align=left nowrap bgcolor="#E6E6E6">&nbsp;  </TD>
        <TD align=left nowrap bgcolor="#E6E6E6">&nbsp;  </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5.75% due 8/15/2043</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">&#36;</FONT>  </TD>
        <TD align=right style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5,065</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=right valign="top" nowrap>
<FONT size=2 face="serif">1,175</FONT>  </TD>
    <TD>&nbsp;      </TD>
        <TD width="90%" align=left>
<FONT size=2 face="serif">Suffolk County, New York, IDA, Continuing Care and
Retirement, Revenue Refunding Bonds (Jeffersons Ferry </FONT>     </TD>
    <TD align=right nowrap>&nbsp;   </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Project), 5% due 11/01/2028</FONT>      </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,103</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">7,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Suffolk County, New York, IDA, IDR (Keyspan-Port Jefferson), AMT, 5.25% due 6/01/2027</FONT>  </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">7,038</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">TSASC, Inc., New York, TFABS, Series 1, 5.75% due 7/15/2012 (g)</FONT>        </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5,647</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">TSASC, Inc., New York, TFABS, Series 1, 6.375% due 7/15/2009 (g)</FONT>       </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,140</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,500</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Westchester County, New York, IDA, Civic Facilities Revenue Bonds (Windward School Civic Facility), <br>
5.25% due 10/01/2031 (h)</FONT>   </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,515</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Westchester Tobacco Asset Securitization Corporation, New York, Revenue Bonds, 6.75% due 7/15/2010 (g)</FONT> </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,229</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left valign="top" nowrap>
<B><FONT size=2 face="serif">Puerto Rico - 11.1%&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></B>   </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">4,400</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Puerto Rico Public Buildings Authority, Government Facilities Revenue Refunding Bonds, Series D, <br>
5.25% due 7/01/2012 (g)</FONT>       </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">4,853</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,600</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Puerto Rico Public Buildings Authority, Government Facilities Revenue Refunding Bonds, Series D, <br>
5.25% due 7/01/2036</FONT>   </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">1,579</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">7,475</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Puerto Rico Public Finance Corporation, Commonwealth Appropriation Revenue Bonds, Series E, <br>
5.50% due 2/01/2012 (g)</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">8,266</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Puerto Rico Public Finance Corporation, Commonwealth Appropriation Revenue Bonds, Series E, <br>
5.70% due 2/01/2010 (g)</FONT>    </TD>
    <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,376</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Total Municipal Bonds (Cost - &#36;267,615) - 143.9%</FONT></B>    </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;273,135</FONT>        </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Corporate Bonds</FONT></B> </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>
<B><FONT size=2 face="serif">Multi-State - 11.4%</FONT></B>     </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Charter Mac Equity Issuer Trust, 6.30% due 6/30/2049 (i)</FONT>       </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,269</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">5,500</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Charter Mac Equity Issuer Trust, 6.80% due 11/30/2050 (i)</FONT>      </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,013</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">MuniMae TE Bond Subsidiary LLC, 6.30% due 6/30/2049 (i)</FONT>        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">6,221</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">3,000</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">MuniMae TE Bond Subsidiary LLC, 6.80% due 6/30/2050 (i)</FONT>        </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">3,226</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Total Corporate Bonds (Cost - &#36;20,503) - 11.4%</FONT></B>      </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">21,729</FONT> </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left valign="top" nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Short-Term Securities</FONT></B>   </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right valign="top" nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,153</FONT>  </TD>
    <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">CMA New York Municipal Money Fund 2.04% (j)(k)</FONT> </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,153</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD width="90%" align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Total Short-Term Securities (Cost - &#36;2,153) - 1.1%</FONT></B>  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,153</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD width="90%" align=left nowrap>
<B><FONT size=2 face="serif">Total Investments (Cost - &#36;290,271*) - 156.4%</FONT></B>       </TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=right nowrap>
<FONT size=2 face="serif">297,017</FONT>        </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD width="90%" align=left nowrap>
<B><FONT size=2 face="serif">Other Assets Less Liabilities - 1.4%</FONT></B>    </TD>
        <TD align=right nowrap>&nbsp;   </TD>
        <TD align=right nowrap>
<FONT size=2 face="serif">2,611</FONT>  </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD width="90%" align=left nowrap>
<B><FONT size=2 face="serif">Preferred Shares, at Redemption Value - (57.8%)</FONT></B> </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">&nbsp;  </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">(109,801</FONT>       </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">)</FONT>      </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD>&nbsp;      </TD>
        <TD width="90%" align=left nowrap bgcolor="#E6E6E6">
<B><FONT size=2 face="serif">Net Assets Applicable to Common Shares- 100.0%</FONT></B>  </TD>
        <TD align=right nowrap style="border-bottom:3px double #000000;">
<FONT size=2 face="serif">&#36;</FONT>  </TD>
        <TD align=right style="border-bottom:3px double #000000;">
<FONT size=2 face="serif">189,827</FONT>        </TD>
        <TD align=left nowrap style="border-bottom:3px double #000000;">&nbsp;  </TD>
</TR>
</TABLE>
<BR>
<TABLE width="60%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="3%" align=left nowrap>
<FONT size=2 face="serif">*</FONT></TD>
        <TD align=left nowrap colspan=4>
<FONT size=2 face="serif">The cost and unrealized appreciation (depreciation) of investments as of January 31, 2008,</FONT>     </TD>
        <TD width="1%" align=left nowrap>&nbsp; </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD width="77%" align=left nowrap>
<FONT size=2 face="serif">as computed for federal income tax purposes, were as follows:</FONT>  </TD>
        <TD width="8%">&nbsp;   </TD>
        <TD width="2%" align=left nowrap>&nbsp; </TD>
        <TD width="9%" align=left nowrap>&nbsp; </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">Aggregate cost</FONT> </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:3px double #000000;">
<FONT size=2 face="serif">&#36;</FONT>  </TD>
        <TD align=right nowrap style="border-bottom:3px double #000000;">
<FONT size=2 face="serif">291,050</FONT>        </TD>
        <TD align=left nowrap style="border-bottom:3px double #000000;">&nbsp;  </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">Gross unrealized appreciation</FONT>  </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">&#36;</FONT>  </TD>
        <TD align=right nowrap>
<FONT size=2 face="serif">9,686</FONT>  </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom" bgcolor="#E6E6E6">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap bgcolor="#E6E6E6">
<FONT size=2 face="serif">Gross unrealized depreciation</FONT>  </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=right style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">(3,719</FONT> </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">)</FONT>      </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">Net unrealized appreciation</FONT>    </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap style="border-bottom:3px double #000000;">
<FONT size=2 face="serif">&#36;</FONT>  </TD>
        <TD align=right nowrap style="border-bottom:3px double #000000;">
<FONT size=2 face="serif">5,967</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:3px double #000000;">&nbsp;  </TD>
</TR>
</TABLE>
<BR>
<TABLE width="60%" border=0 cellpadding=0 cellspacing=0>
<TR>
        <TD width="3%" valign=top nowrap>
<FONT size=2 face="serif">(a)&nbsp;&nbsp;&nbsp;</FONT></TD>
        <TD width=97%>
<P align="left"><FONT size=2 face="serif">ACA Insured.</FONT></P>       </TD>
</TR>
<TR>
        <TD nowrap valign=top>
<FONT size=2 face="serif">(b)</FONT></TD>
        <TD>
<P align="left"><FONT size=2 face="serif">AMBAC Insured.</FONT></P>     </TD>
</TR>
<TR>
        <TD nowrap valign=top>
<FONT size=2 face="serif">(c)</FONT></TD>
        <TD>
<P align="left"><FONT size=2 face="serif">CIFG Insured.</FONT></P>      </TD>
</TR>
<TR>
        <TD nowrap valign=top>
<FONT size=2 face="serif">(d)</FONT></TD>
        <TD>
<P align="left"><FONT size=2 face="serif">FGIC Insured.</FONT></P>      </TD>
</TR>
<TR>
        <TD nowrap valign=top>
<FONT size=2 face="serif">(e)</FONT></TD>
        <TD>
<P align="left"><FONT size=2 face="serif">FSA Insured.</FONT></P>       </TD>
</TR>
<TR>
        <TD nowrap valign=top>
<FONT size=2 face="serif">(f)</FONT></TD>
        <TD>
<P align="left"><FONT size=2 face="serif">MBIA Insured.</FONT></P>      </TD>
</TR>
<TR>
        <TD nowrap valign=top>
<FONT size=2 face="serif">(g)</FONT></TD>
        <TD>
<P align="left"><FONT size=2 face="serif">Prerefunded.</FONT></P>       </TD>
</TR>
<TR>
        <TD nowrap valign=top>
<FONT size=2 face="serif">(h)</FONT></TD>
        <TD>
<P align="left"><FONT size=2 face="serif">Radian Insured.</FONT></P>    </TD>
</TR>
<TR>
        <TD nowrap valign=top>
<FONT size=2 face="serif">(i)</FONT></TD>
        <TD>
<P align="left"><FONT size=2 face="serif">The security may be offered and sold to "qualified institutional buyers" under Rule 144A of the Securities Act of 1933.</FONT></P>    </TD>
</TR>
</TABLE>
<P align="center">
<FONT size=2 face="sans-serif">3</FONT></P>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>


<TABLE width="100%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD align=left nowrap>
<B><FONT size=4 face="serif">BlackRock New York Municipal Income Trust</FONT></B>       </TD>
        <TD>&nbsp;      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Schedule of Investments as of January 31, 2008 (Unaudited)</FONT></B>      </TD>
        <TD style="border-bottom:1px solid #000000;">&nbsp;     </TD>
        <TD align=right nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">(in Thousands)</FONT></B>  </TD>
</TR>
</TABLE><BR>
<TABLE width="60%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
        <TD width="3%" align=left nowrap>
<FONT size=2 face="serif">(j)&nbsp;&nbsp;&nbsp;</FONT>  </TD>
        <TD align=left nowrap colspan=4>
<FONT size=2 face="serif">Investments in companies considered to be an affiliate of the Trust, for purposes of Section</FONT>   </TD>
        <TD width="1%" align=left nowrap>&nbsp; </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap colspan=4 style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2(a)(3) of the Investment Company Act of 1940, were as follows:</FONT>
<FONT size=2 face="serif"></FONT>               </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD width="55%" align=left nowrap>&nbsp;        </TD>
        <TD width="23%" align=center nowrap>
<B><FONT size=2 face="serif">Net</FONT></B>     </TD>
        <TD width="3%" align=left nowrap>&nbsp; </TD>
        <TD width="15%" align=center nowrap>
<B><FONT size=2 face="serif">Dividend</FONT></B>        </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Affiliate</FONT></B>       </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Activity</FONT></B>        </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Income</FONT></B>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">CMA New York Municipal Money Fund</FONT>      </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">2,106</FONT>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=center style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">&#36;11</FONT>        </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap colspan=3>
<FONT size=2 face="serif">(k) Represents the current yield as of January 31, 2008.</FONT>               </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=center nowrap>
<FONT size=2 face="sans-serif">&#149;</FONT>    </TD>
        <TD align=left nowrap colspan=2 style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Forward interest rate swaps outstanding as of January 31, 2008 were as follows:</FONT>        </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Notional</FONT></B>        </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=center nowrap>
<B><FONT size=2 face="serif">Unrealized</FONT></B>      </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">Amount</FONT></B>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<B><FONT size=2 face="serif">(Depreciation)</FONT></B>  </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD colspan="2" align=left nowrap>
<FONT size=2 face="serif">Pay a fixed rate of 3.841% and receive a floating rate</FONT>         </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD colspan="2" align=left nowrap>
<FONT size=2 face="serif">based on 1-week (SIFMA) Municipal Swap Index rate</FONT>              </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR>
        <TD colspan=6>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>
<FONT size=2 face="serif">Broker, Citibank NA</FONT>    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap>&nbsp;    </TD>
</TR>
<TR valign="bottom">
        <TD align=left nowrap>&nbsp;    </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">Expires March 2033</FONT>     </TD>
        <TD align=center style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">&#36;6,000</FONT>     </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">&nbsp;   </TD>
        <TD align=center nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">&#36;(93)</FONT>      </TD>
        <TD align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif"></FONT>       </TD>
</TR>
</TABLE>
<BR>
<P align="center">&nbsp;</P>
<P align="center"><FONT size=2 face="sans-serif">4</FONT></P>
<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>
<br>



<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
  <TD align=left nowrap><FONT size=2 face="serif">Item 2 &#150;</FONT></TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap><FONT size=2 face="serif"> Controls and Procedures</FONT></TD>
</TR>
<TR valign="bottom">
  <TD align=right nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>
<FONT size=2 face="serif">2(a) &#150;</FONT>	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">The registrant&#146;s principal executive and principal financial officers or persons performing similar</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=5% nowrap>&nbsp;	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">functions have concluded that the registrant&#146;s disclosure controls and procedures (as defined in Rule</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=5% nowrap>&nbsp;	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">30a-3(c) under the Investment Company Act of 1940, as amended (the &#147;1940 Act&#148;)) are effective as</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=5% nowrap>&nbsp;	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">of a date within 90 days of the filing of this report based on the evaluation of these controls and</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=5% nowrap>&nbsp;	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=5% nowrap>&nbsp;	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">Exchange Act of 1934, as amended.</FONT>	</TD>
</TR>
<TR>
	<TD colspan=3>&nbsp;	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>
<FONT size=2 face="serif">2(b) &#150;</FONT>	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">There were no changes in the registrant&#146;s internal control over financial reporting (as defined in</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=5% nowrap>&nbsp;	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">Rule 30a-3(d) under the 1940 Act) that occurred during the registrant&#146;s last fiscal quarter that have</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=5% nowrap>&nbsp;	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">materially affected, or are reasonably likely to materially affect, the registrant&#146;s internal control over</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=5% nowrap>&nbsp;	</TD>
	<TD width=3%>&nbsp;	</TD>
	<TD align=left width=88% nowrap>
<FONT size=2 face="serif">financial reporting.</FONT>	</TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap><FONT size=2 face="serif">Item 3 &#150;</FONT></TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap><FONT size=2 face="serif">Exhibits</FONT></TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap><FONT size=2 face="serif">Certifications &#150; Attached
    hereto</FONT></TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
</TR>
</TABLE>


<div style="margin-left:4%">
<P align="left">
<FONT size=2 face="serif">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorized. </FONT></P>
<TABLE width="30%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
	<TD align=left nowrap colspan=3>
<FONT size=2 face="serif">BlackRock New York Municipal Income Trust</FONT>	</TD>
</TR>
<TR>
	<TD colspan=3>&nbsp;	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>
<FONT size=2 face="serif">By:</FONT>	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">/s/ Donald C. Burke</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>&nbsp;	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap>
<FONT size=2 face="serif">Donald C. Burke</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>&nbsp;	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap>
<FONT size=2 face="serif">Chief Executive Officer of</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>&nbsp;	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap>
<FONT size=2 face="serif">BlackRock New York Municipal Income Trust</FONT>	</TD>
</TR>
<TR valign="bottom">
  <TD align=left nowrap>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD align=left nowrap>&nbsp;</TD>
</TR>
<TR valign="bottom">
  <TD colspan="3" align=left nowrap><FONT size=2 face="serif">Date: March 24,
      2008</FONT></TD>
  </TR>
</TABLE>
</div>
<BR>
<div style="margin-left:4%">
<P align="left">
<FONT size=2 face="serif">Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on
the dates indicated. </FONT></P>
<TABLE width="30%" border=0 cellpadding=0 cellspacing=0>
<TR valign="bottom">
	<TD align=left nowrap>
<FONT size=2 face="serif">By:</FONT>	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">/s/ Donald C. Burke</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>&nbsp;	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap>
<FONT size=2 face="serif">Donald C. Burke</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>&nbsp;	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap>
<FONT size=2 face="serif">Chief Executive Officer (principal executive officer) of</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=center colspan=3>
<FONT size=2 face="serif">BlackRock New York Municipal Income Trust</FONT>	</TD>
</TR>
<TR>
	<TD colspan=3>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap colspan=3>
<FONT size=2 face="serif">Date: March 24, 2008</FONT>	</TD>
</TR>
<TR>
	<TD colspan=3>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>
<FONT size=2 face="serif">By:</FONT>	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap style="border-bottom:1px solid #000000;">
<FONT size=2 face="serif">/s/ Neal J. Andrews</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>&nbsp;	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap>
<FONT size=2 face="serif">Neal J. Andrews</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=left nowrap>&nbsp;	</TD>
	<TD>&nbsp;	</TD>
	<TD align=left nowrap>
<FONT size=2 face="serif">Chief Financial Officer (principal financial officer) of</FONT>	</TD>
</TR>
<TR valign="bottom">
	<TD align=center colspan=3>
<FONT size=2 face="serif">BlackRock New York Municipal Income Trust</FONT>	</TD>
</TR>
<TR>
	<TD colspan=3>&nbsp;

	</TD>
</TR>
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	<TD align=left nowrap colspan=3>
<FONT size=2 face="serif">Date: March 24, 2008</FONT>	</TD>
</TR>
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<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>c52595_ex99-cert.htm
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<P align="left">
<B><FONT size=2 face="serif">EX-99. CERT </FONT></B><BR>
<B><FONT size=2 face="serif">CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 </FONT></B></P>
<div style="border-bottom:1px solid #000000"> </div>
<P align="left"><FONT size=2 face="serif">I, Donald C. Burke, Chief Executive Officer (principal executive officer) of BlackRock New York Municipal Income Trust, certify that: </FONT></P>
<P align="left">
<FONT size=2 face="serif">1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I have reviewed this report on Form N-Q  of BlackRock New York Municipal Income Trust; </FONT></P>
<P align="left">
<FONT size=2 face="serif">2. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</FONT></P>
<P align="left">
<FONT size=2 face="serif">3. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the
registrant as of the end of the fiscal quarter for which the report is filed; </FONT></P>
<P align="left">
<FONT size=2 face="serif">4. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The registrant&#146;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as
defined in Rule 30a-3(c)  under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d)  under the Investment Company Act of 1940) for the registrant and have: </FONT></P>
<blockquote>
  <p align="left">
    <FONT size=2 face="serif">a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure
    that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </FONT></p>
  <p align="left">
    <FONT size=2 face="serif">b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our
    supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></p>
  <p align="left">
    <FONT size=2 face="serif">c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the
    effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and </FONT></p>
  <p align="left">
    <FONT size=2 face="serif">d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s
    most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </FONT></p>
</blockquote>
<P align="left">
<FONT size=2 face="serif">5. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The registrant&#146;s other certifying officer(s) and I have disclosed to the registrant&#146;s auditors and the audit committee of the
registrant&#146;s board of directors (or persons performing the equivalent functions): </FONT></P>
<blockquote>
  <p align="left">
    <FONT size=2 face="serif">a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably
    likely to adversely affect the registrant&#146;s ability to record, process, summarize, and report financial information; and </FONT></p>
  <p align="left">
    <FONT size=2 face="serif">b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control
    over financial reporting.  </FONT></p>
</blockquote>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="serif">Date: March 24, 2008</FONT>
	</TD>
</TR>
<TR>
	<TD>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap><div style="border-bottom:1px solid #000000; width: 170px">
<FONT size=2 face="serif">/s/ Donald C. Burke</FONT>
</div>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="serif">Donald C. Burke</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="serif">Chief Executive Officer (principal executive officer) of</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="serif">BlackRock New York Municipal Income Trust</FONT>
	</TD>
</TR>
</TABLE><BR>

<HR noshade align="center" width="100%" size=4>



<P align="left" style="page-break-before:always"></P><PAGE>
<br>


<P align="left">
<B><FONT size=2 face="serif">EX-99. CERT </FONT></B><BR>
<B><FONT size=2 face="serif">CERTIFICATION PURSUANT TO RULE 30a-2(a) UNDER THE 1940 ACT AND SECTION 302 OF THE SARBANES-OXLEY ACT OF 2002 </FONT></B></P>
<div style="border-bottom:1px solid #000000"> </div>
<P align="left"><FONT size=2 face="serif">I, Neal J. Andrews, Chief Financial Officer (principal financial officer) of BlackRock New York Municipal Income Trust, certify that: </FONT></P>
<P align="left">
<FONT size=2 face="serif">1. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;I have reviewed this report on Form N-Q  of BlackRock New York Municipal Income Trust; </FONT></P>
<P align="left">
<FONT size=2 face="serif">2. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the
statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;</FONT></P>
<P align="left">
<FONT size=2 face="serif">3. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the
registrant as of the end of the fiscal quarter for which the report is filed; </FONT></P>
<P align="left">
<FONT size=2 face="serif">4. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The registrant&#146;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as
defined in Rule 30a-3(c)  under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d)  under the Investment Company Act of 1940) for the registrant and have: </FONT></P>
<blockquote>
  <p align="left">
    <FONT size=2 face="serif">a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure
    that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; </FONT></p>
  <p align="left">
    <FONT size=2 face="serif">b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our
    supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; </FONT></p>
  <p align="left">
    <FONT size=2 face="serif">c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;evaluated the effectiveness of the registrant&#146;s disclosure controls and procedures and presented in this report our conclusions about the
    effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and </FONT></p>
  <p align="left">
    <FONT size=2 face="serif">d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;disclosed in this report any change in the registrant&#146;s internal control over financial reporting that occurred during the registrant&#146;s
    most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant&#146;s internal control over financial reporting; and </FONT></p>
</blockquote>
<P align="left">
<FONT size=2 face="serif">5. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The registrant&#146;s other certifying officer(s) and I have disclosed to the registrant&#146;s auditors and the audit committee of the
registrant&#146;s board of directors (or persons performing the equivalent functions): </FONT></P>
<blockquote>
  <p align="left">
    <FONT size=2 face="serif">a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;all significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably
    likely to adversely affect the registrant&#146;s ability to record, process, summarize, and report financial information; and </FONT></p>
  <p align="left">
    <FONT size=2 face="serif">b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant&#146;s internal control
    over financial reporting.  </FONT></p>
</blockquote>
<TABLE border=0 cellspacing=0 cellpadding=0>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="serif">Date: March 24, 2008</FONT>
	</TD>
</TR>
<TR>
	<TD>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap><div style="border-bottom:1px solid #000000; width: 170px">
<FONT size=2 face="serif">/s/ Neal J. Andrews</FONT>
</div>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="serif">Neal J. Andrews</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="serif">Chief Financial Officer (principal financial officer) of</FONT>
	</TD>
</TR>
<TR valign="bottom">
	<TD align=left width=100% nowrap>
<FONT size=2 face="serif">BlackRock New York Municipal Income Trust</FONT>
	</TD>
</TR>
</TABLE><BR>

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