<SEC-DOCUMENT>0001062993-24-010853.txt : 20240521
<SEC-HEADER>0001062993-24-010853.hdr.sgml : 20240521
<ACCEPTANCE-DATETIME>20240521154943
ACCESSION NUMBER:		0001062993-24-010853
CONFORMED SUBMISSION TYPE:	SC 13D/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240521
DATE AS OF CHANGE:		20240521
GROUP MEMBERS:		BOAZ R. WEINSTEIN
GROUP MEMBERS:		SABA CAPITAL MANAGEMENT GP, LLC

SUBJECT COMPANY:	

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

	FILING VALUES:
		FORM TYPE:		SC 13D/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-84630
		FILM NUMBER:		24969112

	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

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Saba Capital Management, L.P.
		CENTRAL INDEX KEY:			0001510281
		ORGANIZATION NAME:           	
		IRS NUMBER:				800361690
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13D/A

	BUSINESS ADDRESS:	
		STREET 1:		405 LEXINGTON AVENUE
		STREET 2:		58TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10174
		BUSINESS PHONE:		212-542-4635

	MAIL ADDRESS:	
		STREET 1:		405 LEXINGTON AVENUE
		STREET 2:		58TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10174
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>formsc13da.htm
<DESCRIPTION>FORM SC 13D/A
<TEXT>
<html>

<head>
    <title>Saba Capital Management, L.P.: Form SC 13D/A - Filed by newsfilecorp.com</title>
</head>

<body style="font-size:10pt; font-family:'Times New Roman';">
    <hr width="100%" size="3" color="black" noshade="noshade"><a name="page_1"></a>
    <p style="text-align: center; margin-bottom: 0pt;"><font style="font-size: 18pt;"><b>UNITED STATES</b></font></p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;"><font style="font-size: 18pt;"><b>SECURITIES AND EXCHANGE COMMISSION</b></font></p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;">Washington, D.C. 20549<br><br></p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;"><font style="font-size: 18pt;"><b>SCHEDULE 13D/A</b></font><br><br></p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;">Under the Securities Exchange Act of 1934</p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;">(Amendment No. 5)*<br><br></p>
    <p style="text-align: center; margin: 0pt 0pt 0pt 0pt;"><font style="font-size: 18pt;"><u><b>BlackRock New York Municipal Income Trust</b></u></font></p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;">(Name of Issuer)<br><br></p>
    <p style="text-align: center; margin: 0pt 0pt 0pt 0pt;"><u><b>Common Shares, $0.001 par value</b></u></p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;">(Title of Class of Securities)<br><br></p>
    <p style="text-align: center; margin-top: 0pt; margin-right: 0pt; margin-bottom: 0pt;"><u><b>09248L106</b></u></p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;">(CUSIP Number)<br><br></p>
    <p style="margin-bottom: 0pt; text-align: center; margin-top: 0pt;"><b>Saba Capital Management, L.P.</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><b>405 Lexington Avenue</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><b>58th Floor</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><b>New York, NY 10174</b></p>
    <p style="margin-top: 0pt; margin-bottom: 0pt; text-align: center;"><b>Attention: Michael D'Angelo</b></p>
    <p style="margin-top: 0pt; text-align: center; margin-bottom: 0pt;"><u><b>(212) 542-4635</b></u></p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;">(Name, Address and Telephone Number of Person</p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;">Authorized to Receive Notices and Communications)<br><br></p>
    <p style="text-align: center; margin: 0pt 0pt 0pt 0pt;"><u><b>May 17, 2024</b></u></p>
    <p style="text-align: center; margin-top: 0pt; margin-bottom: 0pt;">(Date of Event Which Requires Filing of This Statement)</p>
    <p style="text-align: justify;">If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box. [&#160; ]</p>
    <p style="text-align: center;">(Page 1 of 6 Pages)</p>
    <p style="margin-bottom: 0pt; text-align: justify;">______________________________</p>
    <p style="margin-top: 0pt; text-align: justify;">* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.</p>
    <p style="text-align: justify;">The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_2"></a>
    <div id="header_page_2">
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                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>CUSIP No.&#160; </b>09248L106</td>
                <td style="width: 33%; text-align: center; padding: 2pt 4pt;"><b>SCHEDULE 13D/A</b></td>
                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>Page</b> <b>2</b> <b>of 6 Pages</b></td>
            </tr>
        </table>
    </div>
    <br>
    <table style="width: 100%; border-collapse: collapse; font-size: 10pt;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>1</b></font></td>
            <td style="vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">NAME OF REPORTING PERSON<br>&#160; &#160;&#160;&#160;&#160; Saba Capital Management, L.P.</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>2</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-bottom: 0.75pt solid #000000; border-top: 0.75pt solid #000000; vertical-align: top; padding-left: 5pt; padding-right: 5pt;" colspan="2">
                <p>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</p>
                <p>&#160;</p>
            </td>
            <td style="width: 8%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;">(a) &#9744;<br>(b) &#9744;</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>3</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-right: 0.75pt solid #000000; vertical-align: top; padding-left: 5pt; padding-right: 5pt;" colspan="3">
                <p>SEC USE ONLY<br><br></p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>4</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">SOURCE OF FUNDS<br>&#160; &#160;&#160;&#160;&#160; OO (see Item 3)</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>5</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; padding-left: 5pt; padding-right: 5pt;" colspan="2">
                <p>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)<br><br></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-right: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;">&#9744;</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>6</b></font></td>
            <td style="vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">CITIZENSHIP OR PLACE OF ORGANIZATION<br>&#160; &#160;&#160;&#160;&#160; Delaware</td>
        </tr>
        <tr>
            <td style="width: 10%; padding-right: 6pt; padding-left: 5.62pt; vertical-align: middle; text-align: center; border: 0.75pt solid #000000; white-space: nowrap;" rowspan="4">NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON WITH:</td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>7</b></font></td>
            <td style="width: 67%; vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SOLE VOTING POWER<br>&#160; &#160;&#160;&#160;&#160; -0-</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>8</b></font></td>
            <td style="width: 67%; vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SHARED VOTING POWER<br>&#160; &#160;&#160;&#160;&#160; 2,195,495</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>9</b></font></td>
            <td style="width: 67%; vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SOLE DISPOSITIVE POWER<br>&#160; &#160;&#160;&#160;&#160; -0-</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>10</b></font></td>
            <td style="width: 67%; vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SHARED DISPOSITIVE POWER<br>&#160; &#160;&#160;&#160;&#160; 2,195,495</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>11</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON<br>&#160; &#160;&#160;&#160;&#160; 2,195,495</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>12</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; padding-left: 5pt; padding-right: 5pt;" colspan="2">
                <p>CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES<br><br></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-right: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt; vertical-align: top;">&#9744;</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>13</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br>&#160; &#160;&#160;&#160;&#160; 9.10%</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>14</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">TYPE OF REPORTING PERSON<br>&#160; &#160;&#160;&#160;&#160; PN; IA</td>
        </tr>
    </table>
    <p style="text-align: justify;">The percentages used herein are calculated based upon 24,117,105 Common Shares outstanding as of 1/31/24, as disclosed in the Issuer&#8217;s N-CSRS filed 4/3/24.</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_3"></a>
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                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>CUSIP No.&#160; </b>09248L106</td>
                <td style="width: 33%; text-align: center; padding: 2pt 4pt;"><b>SCHEDULE 13D/A</b></td>
                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>Page</b> <b>3</b> <b>of 6 Pages</b></td>
            </tr>
        </table>
    </div>
    <br>
    <table style="width: 100%; border-collapse: collapse; font-size: 10pt;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>1</b></font></td>
            <td style="vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">NAME OF REPORTING PERSON<br>&#160; &#160;&#160;&#160;&#160; Boaz R. Weinstein</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>2</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-bottom: 0.75pt solid #000000; border-top: 0.75pt solid #000000; vertical-align: top; padding-left: 5pt; padding-right: 5pt;" colspan="2">
                <p>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</p>
                <p>&#160;</p>
            </td>
            <td style="width: 8%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;">(a) &#9744;<br>(b) &#9744;</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>3</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-right: 0.75pt solid #000000; vertical-align: top; padding-left: 5pt; padding-right: 5pt;" colspan="3">
                <p>SEC USE ONLY<br><br></p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>4</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">SOURCE OF FUNDS<br>&#160; &#160;&#160;&#160;&#160; OO (see Item 3)</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>5</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; padding-left: 5pt; padding-right: 5pt;" colspan="2">
                <p>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)<br><br></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-right: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;">&#9744;</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>6</b></font></td>
            <td style="vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">CITIZENSHIP OR PLACE OF ORGANIZATION<br>&#160; &#160;&#160;&#160;&#160; United States</td>
        </tr>
        <tr>
            <td style="width: 10%; padding-right: 6pt; padding-left: 5.62pt; vertical-align: middle; text-align: center; border: 0.75pt solid #000000; white-space: nowrap;" rowspan="4">NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON WITH:</td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>7</b></font></td>
            <td style="width: 67%; vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SOLE VOTING POWER<br>&#160; &#160;&#160;&#160;&#160; -0-</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>8</b></font></td>
            <td style="width: 67%; vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SHARED VOTING POWER<br>&#160; &#160;&#160;&#160;&#160; 2,195,495</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>9</b></font></td>
            <td style="width: 67%; vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SOLE DISPOSITIVE POWER<br>&#160; &#160;&#160;&#160;&#160; -0-</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>10</b></font></td>
            <td style="width: 67%; vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SHARED DISPOSITIVE POWER<br>&#160; &#160;&#160;&#160;&#160; 2,195,495</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>11</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON<br>&#160; &#160;&#160;&#160;&#160; 2,195,495</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>12</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; padding-left: 5pt; padding-right: 5pt;" colspan="2">
                <p>CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES<br><br></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-right: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt; vertical-align: top;">&#9744;</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>13</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br>&#160; &#160;&#160;&#160;&#160; 9.10%</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>14</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">TYPE OF REPORTING PERSON<br>&#160; &#160;&#160;&#160;&#160; IN</td>
        </tr>
    </table>
    <p style="text-align: justify;">The percentages used herein are calculated based upon 24,117,105 Common Shares outstanding as of 1/31/24, as disclosed in the Issuer&#8217;s N-CSRS filed 4/3/24.</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_4"></a>
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                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>CUSIP No.&#160; </b>09248L106</td>
                <td style="width: 33%; text-align: center; padding: 2pt 4pt;"><b>SCHEDULE 13D/A</b></td>
                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>Page</b> <b>4</b> <b>of 6 Pages</b></td>
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    <br>
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            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>1</b></font></td>
            <td style="vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">NAME OF REPORTING PERSON<br>&#160; &#160;&#160;&#160;&#160; Saba Capital Management GP, LLC</td>
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            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>2</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-bottom: 0.75pt solid #000000; border-top: 0.75pt solid #000000; vertical-align: top; padding-left: 5pt; padding-right: 5pt;" colspan="2">
                <p>CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</p>
                <p>&#160;</p>
            </td>
            <td style="width: 8%; vertical-align: top; border-right: 0.75pt solid #000000; border-bottom: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;">(a) &#9744;<br>(b) &#9744;</td>
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        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>3</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-right: 0.75pt solid #000000; vertical-align: top; padding-left: 5pt; padding-right: 5pt;" colspan="3">
                <p>SEC USE ONLY<br><br></p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>4</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">SOURCE OF FUNDS<br>&#160; &#160;&#160;&#160;&#160; OO (see Item 3)</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>5</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; padding-left: 5pt; padding-right: 5pt;" colspan="2">
                <p>CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDING IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)<br><br></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-right: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;">&#9744;</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>6</b></font></td>
            <td style="vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">CITIZENSHIP OR PLACE OF ORGANIZATION<br>&#160; &#160;&#160;&#160;&#160; Delaware</td>
        </tr>
        <tr>
            <td style="width: 10%; padding-right: 6pt; padding-left: 5.62pt; vertical-align: middle; text-align: center; border: 0.75pt solid #000000; white-space: nowrap;" rowspan="4">NUMBER OF<br>SHARES<br>BENEFICIALLY<br>OWNED BY<br>EACH<br>REPORTING<br>PERSON WITH:</td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>7</b></font></td>
            <td style="width: 67%; vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SOLE VOTING POWER<br>&#160; &#160;&#160;&#160;&#160; -0-</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>8</b></font></td>
            <td style="width: 67%; vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SHARED VOTING POWER<br>&#160; &#160;&#160;&#160;&#160; 2,195,495</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>9</b></font></td>
            <td style="width: 67%; vertical-align: top; border-left: 0.75pt solid #000000; border-right: 0.75pt solid #000000; border-top: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SOLE DISPOSITIVE POWER<br>&#160; &#160;&#160;&#160;&#160; -0-</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;"><font style="font-size: 14pt;"><b>10</b></font></td>
            <td style="width: 67%; vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="2">SHARED DISPOSITIVE POWER<br>&#160; &#160;&#160;&#160;&#160; 2,195,495</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>11</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH PERSON<br>&#160; &#160;&#160;&#160;&#160; 2,195,495</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>12</b></font></td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; padding-left: 5pt; padding-right: 5pt;" colspan="2">
                <p>CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES<br><br></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; border-right: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt; vertical-align: top;">&#9744;</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>13</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)<br>&#160; &#160;&#160;&#160;&#160; 9.10%</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; text-align: center; vertical-align: top; width: 10%; border: 0.75pt solid #000000;"><font style="font-size: 14pt;"><b>14</b></font></td>
            <td style="vertical-align: top; border: 0.75pt solid #000000; padding-left: 5pt; padding-right: 5pt;" colspan="3">TYPE OF REPORTING PERSON<br>&#160; &#160;&#160;&#160;&#160; OO</td>
        </tr>
    </table>
    <p style="text-align: justify;">The percentages used herein are calculated based upon 24,117,105 Common Shares outstanding as of 1/31/24, as disclosed in the Issuer&#8217;s N-CSRS filed 4/3/24.</p>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_5"></a>
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                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>CUSIP No.&#160; </b>09248L106</td>
                <td style="width: 33%; text-align: center; padding: 2pt 4pt;"><b>SCHEDULE 13D/A</b></td>
                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>Page</b> <b>5</b> <b>of 6 Pages</b></td>
            </tr>
        </table>
    </div>
    <br>
    <table style="border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; width: 10%; vertical-align: top;">
                <p><b>Item 1.</b></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;">
                <p><b>SECURITY AND ISSUER</b></p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; width: 10%; vertical-align: top;">
                <p><b>&#160;</b></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;">
                <p><b>&#160;</b></p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; width: 10%; vertical-align: top;">
                <p><b>&#160;</b></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;">
                <p style="text-align: justify;">This Amendment No. 5 amends and supplements the statement on Schedule 13D filed with the SEC on 9/29/23, as amended by Amendment No. 1 filed 12/4/23, Amendment No. 2 filed 1/22/24, Amendment No. 3 filed 2/20/24, and Amendment No. 4 filed 4/8/24; with respect to the common shares of BlackRock New York Municipal Income Trust.&#160; This Amendment No. 5 amends Items 4 and 7 as set forth below.</p>
            </td>
        </tr>
    </table>
    <br>
    <table style="border-collapse: collapse; font-size: 10pt; width: 100%;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; width: 10%; vertical-align: top;">
                <p><b>Item 4.</b></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;">
                <p><b>PURPOSE OF TRANSACTION</b></p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; width: 10%; vertical-align: top;">
                <p><b>&#160;</b></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;">
                <p><b>&#160;</b></p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; width: 10%; vertical-align: top;">
                <p><b>&#160;</b></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;">
                <p class="xmsonormal" style="line-height: 115%; text-align: justify;">Item 4 is hereby amended and supplemented as follows:</p>
                <p class="xmsonormal" style="text-align: justify;">The Reporting Persons issued the investor presentation (the &#8220;Investor Presentation&#8221;) attached hereto as <u>Exhibit 3</u> to shareholders (such exhibit to be deemed incorporated by reference in its entirety into this Item 4) providing their views on the Issuer and its Board, including value-unlocking steps it believes the Issuer should take.</p>
            </td>
        </tr>
    </table>
    <br>
    <table style="width: 100%; border-collapse: collapse; font-size: 10pt;" cellspacing="0" cellpadding="0">
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; width: 10%; vertical-align: top;">
                <p><b>Item 7.</b></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;">
                <p><b>MATERIAL TO BE FILED AS EXHIBITS</b></p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; width: 10%; vertical-align: top;">
                <p><b>&#160;</b></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt; width: 10%; vertical-align: top; background-color: #eeeeee;">
                <p><a href="http://www.sec.gov/Archives/edgar/data/1137390/000090266424003714/p24-1853dfan14a.htm">Exhibit 3:</a></p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt; vertical-align: top; background-color: #eeeeee;">
                <p style="text-align: justify;"><a href="http://www.sec.gov/Archives/edgar/data/1137390/000090266424003714/p24-1853dfan14a.htm">Investor Presentation, incorporated herein by reference to the DFAN14A filed with the Securities and Exchange Commission on May 20, 2024.</a></p>
            </td>
        </tr>
    </table>
    <br>
    <hr style="page-break-after: always; text-align: center;" width="100%" size="5" color="black" noshade="noshade"><a name="page_6"></a>
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                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>CUSIP No.&#160; </b>09248L106</td>
                <td style="width: 33%; text-align: center; padding: 2pt 4pt;"><b>SCHEDULE 13D/A</b></td>
                <td style="width: 33%; padding: 2pt 4pt; border: 0.75pt solid #000000;"><b>Page</b> <b>6</b> <b>of 6 Pages</b></td>
            </tr>
        </table>
    </div>
    <p style="text-align: center;"><b>SIGNATURES</b></p>
    <p style="text-indent: 36pt; text-align: justify;">After reasonable inquiry and to the best of his or its knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct.</p>
    <p>Date:&#160; May 21, 2024</p>
    <table style="width: 100%; border-collapse: collapse; font-size: 10pt;" cellspacing="0" cellpadding="0">
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            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="margin-bottom: 0pt;">
                <p>SABA CAPITAL MANAGEMENT, L.P.&#160;</p>
                <p>By:&#160; /s/ Michael D'Angelo</p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="width: 52%; vertical-align: top;">
                <p style="margin-bottom: 0pt; margin-top: 0pt;">Name: Michael D'Angelo</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Title: Chief Compliance Officer</p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="margin-top: 0pt;">
                <p>SABA CAPITAL MANAGEMENT GP, LLC&#160;</p>
                <p style="margin-bottom: 0pt;">By:&#160; /s/ Michael D'Angelo</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Name:<font style="width: 4.01pt; display: inline-block;">&#160;</font>Michael D'Angelo</p>
                <p style="margin-top: 0pt; margin-bottom: 0pt;">Title:<font style="width: 10.01pt; display: inline-block;">&#160;</font>Authorized Signatory</p>
            </td>
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            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
        </tr>
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            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
        </tr>
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            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="margin-bottom: 0pt;">
                <p>BOAZ R. WEINSTEIN&#160;</p>
                <p>By:&#160; /s/ Michael D'Angelo</p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>Name: Michael D'Angelo</p>
            </td>
        </tr>
        <tr>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>Title: Attorney-in-fact*</p>
            </td>
        </tr>
        <tr>
            <td style="margin-bottom: 0pt;">
                <p style="margin-bottom: 0pt;">&#160;</p>
                <p style="text-align: justify;">* Pursuant to a power of attorney dated as of November 16, 2015, which is incorporated herein by reference to Exhibit 2 to the Schedule 13G filed by the Reporting Persons on December 28, 2015, accession number: 0001062993-15-006823&#160;</p>
            </td>
            <td style="margin-top: 0pt; margin-bottom: 0pt;">
                <p>&#160;</p>
            </td>
        </tr>
    </table>
    <br>
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