BLACKROCK NEW YORK MUNICIPAL INCOME TRUST

Regulatory Filings • Jun 22, 2015

N-Q 1 e64665nq.htm FORM N-Q

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-10337

Name of Fund: BlackRock New York Municipal Income Trust (BNY)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock New York Municipal Income Trust, 55 East 52 nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 07/31/2015

Date of reporting period: 04/30/2015

Item 1 – Schedule of Investments

Field: Page; Sequence: 1

Field: /Page

| Schedule
of Investments April 30, 2015 (Unaudited) |
| --- |
| (Percentages
shown are based on Net Assets) |

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York — 132.5% | | |
| Corporate —
12.9% | | |
| City
of New York New York Build Resource Corp., Refunding RB, Pratt Paper, Inc. Project, AMT, 5.00%, 1/01/35 (a) | $ 280 | $ 299,589 |
| City
of New York New York Industrial Development Agency, ARB, American Airlines, Inc., JFK International Airport, AMT (b): | | |
| 7.63%,
8/01/25 | 3,200 | 3,463,424 |
| 7.75%,
8/01/31 | 4,000 | 4,336,640 |
| City
of New York New York Industrial Development Agency, Refunding RB, Transportation Infrastructure Properties LLC, Series A,
AMT, 5.00%, 7/01/28 | 795 | 872,696 |
| County
of Chautauqua New York Industrial Development Agency, RB, NRG Dunkirk Power Project, 5.88%, 4/01/42 | 1,000 | 1,131,670 |
| County
of Essex New York Industrial Development Agency, RB, International Paper Co. Project, Series A, AMT, 6.63%, 9/01/32 | 550 | 621,313 |
| County
of Suffolk New York Industrial Development Agency, RB, KeySpan Generation LLC, Port Jefferson, AMT, 5.25%, 6/01/27 | 6,000 | 6,025,980 |
| New
York Liberty Development Corp., RB, Goldman Sachs Headquarters, 5.25%, 10/01/35 | 4,230 | 4,969,446 |
| Niagara
Area Development Corp., Refunding RB, Solid Waste Disposal Facility, Covanta Energy Project, Series A, AMT, 5.25%, 11/01/42
(a) | 1,500 | 1,554,435 |
| Port
Authority of New York & New Jersey, ARB, Continental Airlines, Inc. & Eastern Air Lines, Inc. Project, LaGuardia,
AMT, 9.13%, 12/01/15 | 1,715 | 1,742,131 |
| _______ | | |
| | | 25,017,324 |
| County/City/Special
District/School District — 31.1% | | |
| City
of New York New York, GO: | | |
| Fiscal
2009, Series A-1, 4.75%, 8/15/25 | 750 | 830,482 |
| Fiscal
2012, Sub-Series G-1, 5.00%, 4/01/29 | 750 | 857,685 |

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| County/City/Special
District/School District (continued) | | |
| City
of New York New York, GO (concluded): | | |
| Fiscal
2014, Sub-Series D-1, 5.00%, 8/01/31 | $ 690 | $ 785,862 |
| Series
A-1, 5.00%, 8/01/35 | 1,000 | 1,115,610 |
| Series
D, 5.38%, 6/01/32 | 25 | 25,105 |
| Series
G-1, 6.25%, 12/15/18 (c) | 485 | 574,856 |
| Series
G-1, 6.25%, 12/15/31 | 15 | 17,712 |
| Sub-Series
G-1, 5.00%, 4/01/28 | 630 | 723,026 |
| Sub-Series
I-1, 5.38%, 4/01/36 | 1,750 | 1,996,592 |
| City
of New York New York, GO, Refunding: | | |
| Fiscal
2014, Series E, 5.50%, 8/01/25 | 1,280 | 1,591,603 |
| Series
E, 5.00%, 8/01/30 | 1,000 | 1,138,130 |
| Series
I, 5.00%, 8/01/30 | 1,000 | 1,145,570 |
| City
of New York New York Convention Center Development Corp., RB, Hotel Unit Fee Secured (AMBAC): | | |
| 5.00%,
11/15/35 | 250 | 255,915 |
| 5.00%,
11/15/44 | 3,000 | 3,070,980 |
| 4.75%,
11/15/45 | 500 | 502,675 |
| City
of New York New York Housing Development Corp., RB, Fund Grant Program, New York City Housing Authority Program, Series B1: | | |
| 5.25%,
7/01/32 | 1,140 | 1,298,870 |
| 5.00%,
7/01/33 | 500 | 555,495 |
| City
of New York New York Industrial Development Agency, RB, PILOT: | | |
| CAB,
Yankee Stadium Project, Series A (AGC), 0.00%, 3/01/42 (d) | 1,960 | 612,265 |
| CAB,
Yankee Stadium Project, Series A (AGC), 0.00%, 3/01/45 (d) | 1,500 | 406,725 |
| Queens
Baseball Stadium (AGC), 6.38%, 1/01/39 | 150 | 172,643 |
| Queens
Baseball Stadium (AMBAC), 5.00%, 1/01/39 | 3,000 | 3,077,610 |
| Yankee
Stadium Project (NPFGC), 4.75%, 3/01/46 | 350 | 360,294 |

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BlackRock New York Municipal Income Trust April 30, 2015 1

Field: /Page

| Schedule
of Investments (continued) |
| --- |
| (Percentages
shown are based on Net Assets) |

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| County/City/Special
District/School District (continued) | | |
| City
of New York New York Industrial Development Agency, Refunding ARB, Transportation Infrastructure Properties LLC, Series A,
AMT, 5.00%, 7/01/22 | $ 650 | $ 722,416 |
| City
of New York New York Transitional Finance Authority, RB, Future Tax Secured Bonds, Fiscal 2012, Sub-Series E-1, 5.00%, 2/01/42 | 2,500 | 2,813,225 |
| City
of New York New York Transitional Finance Authority, Future Tax Secured Bonds, RB, 3.00%, 2/01/30 | 810 | 796,667 |
| Hudson
Yards Infrastructure Corp., RB, Series A: | | |
| Senior,
Fiscal 2012, 5.75%, 2/15/47 | 200 | 230,050 |
| 5.00%,
2/15/47 | 5,485 | 5,798,468 |
| (AGC),
5.00%, 2/15/47 | 1,000 | 1,060,070 |
| (AGM),
5.00%, 2/15/47 | 1,000 | 1,060,070 |
| (NPFGC),
4.50%, 2/15/47 | 4,500 | 4,696,200 |
| Metropolitan
Transportation Authority, Refunding RB, Transportation, Series D, 5.00%, 11/15/34 | 800 | 896,144 |
| New
York Liberty Development Corp., Refunding RB: | | |
| 2nd
Priority, Bank of America Tower at 1 Bryant Park Project, Class 3, 6.38%, 7/15/49 | 1,200 | 1,367,760 |
| 2nd
Priority, Bank of America Tower at One Bryant Park Project, Class 2, 5.63%, 7/15/47 | 2,000 | 2,261,000 |
| 3
World Trade Center Project, Class 2, 5.38%, 11/15/40 (a) | 480 | 526,526 |
| 4
World Trade Center Project, 5.00%, 11/15/31 | 860 | 969,633 |
| 4
World Trade Center Project, 5.00%, 11/15/44 | 7,655 | 8,444,307 |
| 4
World Trade Center Project, 5.75%, 11/15/51 | 1,340 | 1,550,501 |
| 7
World Trade Center Project, Class 1, 4.00%, 9/15/35 | 1,935 | 2,071,746 |
| 7
World Trade Center Project, Class 2, 5.00%, 9/15/43 | 1,670 | 1,843,296 |

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| County/City/Special
District/School District (concluded) | | |
| New
York Liberty Development Corp., Refunding RB (concluded): | | |
| 7
World Trade Center Project, Class 3, 5.00%, 3/15/44 | $ 2,070 | $ 2,238,477 |
| _______ | | |
| | | 60,462,261 |
| Education —
31.7% | | |
| Amherst
Development Corp., Refunding RB, University at Buffalo Foundation Faculty-Student Housing Corp., Series A (AGM), 4.63%, 10/01/40 | 1,100 | 1,164,482 |
| Buffalo
& Erie County Industrial Land Development Corp., RB, 4.00%, 7/01/45 | 160 | 153,754 |
| Build
New York City Resource Corp., Refunding RB, Packer Collegiate Institute, 4.00%, 6/01/45 | 500 | 481,340 |
| Build
NYC Resource Corp., RB, South Bronx Charter School for International Cultures & The Arts Project, Series A, 5.00%, 4/15/33 | 900 | 922,536 |
| Build
NYC Resource Corp., Refunding RB, City University New York-Queens College Student Residences, LLC Project, Series A, 5.00%,
6/01/38 | 250 | 281,450 |
| City
of New York New York Trust for Cultural Resources, RB, Juilliard School, Series A, 5.00%, 1/01/39 | 750 | 832,297 |
| City
of New York New York Trust for Cultural Resources, Refunding RB: | | |
| American
Museum of Natural History, Series A, 5.00%, 7/01/37 | 225 | 257,339 |
| Carnegie
Hall, Series A, 4.75%, 12/01/39 | 2,000 | 2,157,940 |
| Museum
of Modern Art, Series 1A, 5.00%, 4/01/31 | 1,000 | 1,112,420 |
| City
of Troy New York Capital Resource Corp., Refunding RB, Rensselaer Polytechnic Institute Project, Series A, 5.13%, 9/01/40 | 3,135 | 3,429,220 |

Field: Page; Sequence: 2

BlackRock New York Municipal Income Trust April 30, 2015 2

Field: /Page

| Schedule
of Investments (continued) |
| --- |
| (Percentages
shown are based on Net Assets) |

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| Education
(continued) | | |
| City
of Yonkers New York Industrial Development Agency, RB, Sarah Lawrence College Project, Series A, 6.00%, 6/01/41 | $ 625 | $ 710,256 |
| County
of Cattaraugus New York, RB, St. Bonaventure University Project, 5.00%, 5/01/34 | 170 | 182,480 |
| County
of Dutchess New York Industrial Development Agency, RB, Bard College Civic Facility, Series A-2, 4.50%, 8/01/36 | 5,155 | 4,858,227 |
| County
of Madison New York Capital Resource Corp., Refunding RB, Colgate University Project, Series A, 4.50%, 7/01/39 | 135 | 146,011 |
| County
of Madison New York Industrial Development Agency, RB, Commons II LLC, Student Housing, Series A (CIFG), 5.00%, 6/01/33 | 275 | 284,840 |
| County
of Monroe New York Industrial Development Corp., RB, University of Rochester Project, Series A, 5.00%, 7/01/31 | 1,900 | 2,120,438 |
| County
of Monroe New York Industrial Development Corp., Refunding RB, University of Rochester Project, Series A, 5.00%, 7/01/38 | 320 | 357,693 |
| County
of Nassau New York Industrial Development Agency, Refunding RB, New York Institute of Technology Project, Series A, 4.75%,
3/01/26 | 1,165 | 1,230,298 |
| County
of Orange New York Funding Corp., Refunding RB, Mount St. Mary College Project, Series A: | | |
| 5.00%,
7/01/37 | 360 | 381,535 |
| 5.00%,
7/01/42 | 220 | 230,648 |
| County
of St. Lawrence New York Industrial Development Agency, RB, Clarkson University Project, 5.38%, 9/01/41 | 750 | 838,065 |
| County
of Tompkins New York Development Corp., RB, Ithaca College Project (AGM), 5.50%, 7/01/33 | 700 | 784,770 |

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| Education
(continued) | | |
| Geneva
Development Corp., Refunding RB, Hobart and William Smith Colleges, 5.25%, 9/01/44 | $ 500 | $ 568,575 |
| State
of New York Dormitory Authority, Refunding RB, Barnard College: | | |
| Series
A, 4.00%, 7/01/36 | 410 | 422,435 |
| Series
A, 5.00%, 7/01/33 | 530 | 612,733 |
| State
of New York Dormitory Authority, ERB, Series B, 5.75%, 3/15/36 | 600 | 693,330 |
| State
of New York Dormitory Authority, RB: | | |
| Convent
of the Sacred Heart (AGM), 5.75%, 11/01/40 | 210 | 239,839 |
| Convent
of the Sacred Heart (AGM), 5.25%, 11/01/24 | 155 | 181,193 |
| Convent
of the Sacred Heart (AGM), 5.63%, 11/01/32 | 750 | 875,512 |
| New
York University Mount Sinai School of Medicine, 5.13%, 7/01/39 | 2,000 | 2,220,680 |
| New
York University, Series 1 (AMBAC), 5.50%, 7/01/40 | 1,440 | 1,870,358 |
| New
York University, Series A (AMBAC), 5.00%, 7/01/17 (c) | 1,000 | 1,091,050 |
| New
York University, Series B, 5.00%, 7/01/37 | 1,250 | 1,400,725 |
| State
University Dormitory Facilities, Series A, 5.00%, 7/01/39 | 750 | 829,582 |
| State
University Dormitory Facilities, Series A, 5.00%, 7/01/41 | 2,000 | 2,218,520 |
| Teachers
College, Series B, 5.00%, 7/01/42 | 3,225 | 3,550,725 |
| Touro
College & University System, Series A, 5.25%, 1/01/34 | 800 | 890,376 |
| Touro
College & University System, Series A, 5.50%, 1/01/39 | 2,000 | 2,228,280 |
| University
of Rochester, Series A, 5.13%, 7/01/39 | 850 | 959,556 |

Field: Page; Sequence: 3

BlackRock New York Municipal Income Trust April 30, 2015 3

Field: /Page

| Schedule
of Investments (continued) |
| --- |
| (Percentages
shown are based on Net Assets) |

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| Education
(concluded) | | |
| State
of New York Dormitory Authority, RB (concluded): | | |
| University
of Rochester, Series A, 5.75%, 7/01/39 | $ 650 | $ 747,169 |
| University
of Rochester, Series B, 5.00%, 7/01/39 | 500 | 530,615 |
| State
of New York Dormitory Authority, Refunding RB: | | |
| 3rd
General Resolution, State University Educational Facilities Issue, Series A, 5.00%, 5/15/29 | 2,000 | 2,304,080 |
| Brooklyn
Law School, 5.75%, 7/01/33 | 475 | 534,845 |
| Cornell
University, Series A, 5.00%, 7/01/40 | 1,000 | 1,144,510 |
| Culinary
Institute of America, 5.00%, 7/01/42 | 300 | 317,181 |
| Fordham
University, 4.00%, 7/01/30 | 555 | 575,291 |
| Fordham
University, 5.00%, 7/01/44 | 850 | 951,354 |
| New
York University, Series A, 5.00%, 7/01/37 | 1,790 | 2,005,838 |
| Rochester
Institute of Technology, 5.00%, 7/01/42 | 1,790 | 1,970,790 |
| Rockefeller
University, Series B, 4.00%, 7/01/38 | 775 | 811,371 |
| Skidmore
University, Series A, 5.00%, 7/01/28 | 75 | 85,256 |
| Skidmore
University, Series A, 5.25%, 7/01/29 | 85 | 98,403 |
| St.
Johns University, Series A, 5.00%, 7/01/34 | 250 | 284,598 |
| St.
Johns University. Series A, 5.00%, 7/01/37 | 1,000 | 1,134,700 |
| State
University Facilities, Series A, 5.25%, 7/01/30 | 2,355 | 2,766,112 |
| State
University Facilities, Series A, 5.25%, 7/01/32 | 445 | 519,858 |
| Teachers
College, 5.50%, 3/01/39 | 450 | 501,845 |
| Town
of Hempstead New York Local Development Corp., Refunding RB, Adelphi University Project, 5.00%, 10/01/35 | 415 | 468,838 |
| _______ | | |
| | | 61,524,162 |

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| Health —
14.9% | | |
| County
of Dutchess New York Local Development Corp., Refunding RB, Health Quest System, Inc., Series A, 5.75%, 7/01/40 | $ 300 | $ 341,376 |
| County
of Genesee New York Industrial Development Agency, Refunding RB, United Memorial Medical Center Project, 5.00%, 12/01/27 | 500 | 500,425 |
| County
of Monroe New York Industrial Development Corp., RB, Rochester General Hospital Project, Series A, 5.00%, 12/01/32 | 240 | 262,291 |
| County
of Monroe New York Industrial Development Corp., Refunding RB, Unity Hospital of Rochester Project (FHA), 5.50%, 8/15/40 | 1,650 | 1,911,294 |
| County
of Nassau New York Local Economic Assistance Corp., Refunding RB, Winthrop University Hospital Association Project, 5.00%,
7/01/42 | 2,800 | 2,980,068 |
| County
of Suffolk New York EDC, RB, Catholic Health Services, Series C, 5.00%, 7/01/32 | 230 | 255,896 |
| County
of Suffolk New York Industrial Development Agency, Refunding RB, Jefferson's Ferry Project, 5.00%, 11/01/28 | 1,175 | 1,206,690 |
| County
of Westchester New York Healthcare Corp., Refunding RB, Senior Lien: | | |
| Remarketing,
Series A, 5.00%, 11/01/30 | 3,500 | 3,818,220 |
| Series
B, 6.00%, 11/01/30 | 500 | 577,810 |
| County
of Westchester New York Local Development Corp., Refunding RB, Kendal On Hudson Project: | | |
| 5.00%,
1/01/28 | 675 | 743,033 |
| 5.00%,
1/01/34 | 1,250 | 1,342,038 |
| State
of New York Dormitory Authority, RB: | | |
| Hudson
Valley Hospital (BHAC) (FHA), 5.00%, 8/15/36 | 750 | 810,060 |
| New
York State Association for Retarded Children, Inc., Series A, 6.00%, 7/01/32 | 500 | 581,785 |

Field: Page; Sequence: 4

BlackRock New York Municipal Income Trust April 30, 2015 4

Field: /Page

| Schedule
of Investments (continued) |
| --- |
| (Percentages
shown are based on Net Assets) |

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| Health
(concluded) | | |
| New
York State Association for Retarded Children, Inc., Series B (AMBAC), 6.00%, 7/01/32 | 200 | 227,120 |
| State
of New York Dormitory Authority, RB (concluded): | | |
| New
York University Hospitals Center, Series A, 6.00%, 7/01/40 | $ 500 | $ 577,785 |
| North
Shore-Long Island Jewish Obligated Group, Series A, 5.50%, 5/01/37 | 1,775 | 1,977,350 |
| North
Shore-Long Island Jewish Obligated Group, Series D, 4.25%, 5/01/39 | 1,000 | 1,035,530 |
| State
of New York Dormitory Authority, Refunding RB: | | |
| Miriam
Osborn Memorial Home Association, 5.00%, 7/01/29 | 290 | 309,160 |
| Mount
Sinai Hospital, Series A, 5.00%, 7/01/26 | 1,385 | 1,564,080 |
| New
York University Hospitals Center, Series A, 5.00%, 7/01/17 (c) | 3,390 | 3,709,440 |
| North
Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 5/01/32 | 1,750 | 1,927,835 |
| North
Shore-Long Island Jewish Obligated Group, Series A, 5.00%, 5/01/41 | 1,000 | 1,097,030 |
| North
Shore-Long Island Jewish Obligated Group, Series E, 5.50%, 5/01/33 | 1,100 | 1,231,637 |
| _______ | | |
| | | 28,987,953 |
| Housing —
2.0% | | |
| City
of New York New York Housing Development Corp., Refunding RB, M/F Housing, 8 Spruce Street, Class F, 4.50%, 2/15/48 | 925 | 963,933 |
| State
of New York HFA, RB, M/F Housing, Highland Avenue Senior Apartments, Series A, AMT (SONYMA), 5.00%, 2/15/39 | 1,500 | 1,519,635 |
| State
of New York Mortgage Agency, RB, S/F Housing, 49th Series, 4.00%, 10/01/43 | 1,000 | 1,006,360 |

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| Housing
(concluded) | | |
| State
of New York Mortgage Agency, Refunding RB, 48th Series, 3.70%, 10/01/38 | $ 360 | $ 351,166 |
| ___ | | |
| | | 3,841,094 |
| State —
11.3% | | |
| City
of New York New York Transitional Finance Authority, BARB: | | |
| Fiscal
2015, Series S-1, 5.00%, 7/15/43 | 1,190 | 1,338,917 |
| Series
S-2 (NPFGC), 4.25%, 1/15/34 | 1,260 | 1,280,513 |
| City
of New York New York Transitional Finance Authority, RB, Future Tax Secured, 5.00%, 2/01/32 | 5,000 | 5,727,250 |
| Sales
Tax Asset Receivable Corp., Refunding RB, Fiscal 2015, Series A, 4.00%, 10/15/32 | 1,000 | 1,075,830 |
| State
of New York Dormitory Authority, RB: | | |
| General
Purpose, Series B, 5.00%, 3/15/42 | 4,380 | 4,894,431 |
| General
Purpose, Series C, 5.00%, 3/15/34 | 2,185 | 2,478,730 |
| State
Supported Debt, Series A, 5.00%, 3/15/44 | 360 | 408,816 |
| State
of New York Dormitory Authority, Refunding RB, School Districts Financing Program, Series A (AGM), 5.00%, 10/01/35 | 395 | 436,767 |
| State
of New York Thruway Authority, RB, Transportation, Series A, 5.00%, 3/15/32 | 320 | 363,142 |
| State
of New York Thruway Authority, Refunding RB, 2nd General Highway & Bridge Trust, Series A, 5.00%, 4/01/32 | 2,500 | 2,835,325 |
| State
of New York Urban Development Corp., RB, State Personal Income Tax, Series C, 5.00%, 3/15/30 | 885 | 1,022,396 |
| _____ | | |
| | | 21,862,117 |
| Tobacco —
0.8% | | |
| Chautauqua
New York Tobacco Asset Securitization Corp., Refunding RB, 4.75%, 6/01/39 | 150 | 148,719 |

Field: Page; Sequence: 5

BlackRock New York Municipal Income Trust April 30, 2015 5

Field: /Page

| Schedule
of Investments (continued) |
| --- |
| (Percentages
shown are based on Net Assets) |

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| Tobacco
(concluded) | | |
| Counties
of New York Tobacco Trust IV, Refunding RB, Settlement Pass-Through Turbo, Series A, 6.25%, 6/01/41 (a) | $ 1,000 | $ 1,016,920 |
| Niagara
Tobacco Asset Securitization Corp., Refunding RB, Asset-Backed: | | |
| 5.25%,
5/15/34 | 250 | 279,952 |
| 5.25%,
5/15/40 | 110 | 122,196 |
| _______ | | |
| | | 1,567,787 |
| Transportation —
19.4% | | |
| Metropolitan
Transportation Authority, RB: | | |
| Series
A-1, 5.25%, 11/15/33 | 540 | 623,900 |
| Series
C, 6.50%, 11/15/28 | 1,000 | 1,186,700 |
| Series
D, 5.25%, 11/15/41 | 1,000 | 1,134,010 |
| Series
E, 5.00%, 11/15/38 | 4,000 | 4,452,120 |
| Metropolitan
Transportation Authority, Refunding RB: | | |
| Series
D, 5.25%, 11/15/30 | 910 | 1,065,501 |
| Series
F, 5.00%, 11/15/30 | 2,000 | 2,307,760 |
| Port
Authority of New York & New Jersey, ARB: | | |
| Consolidated,
183rd Series, 4.00%, 6/15/44 | 500 | 510,730 |
| JFK
International Air Terminal LLC, Special Project, Series 6, AMT (NPFGC), 5.75%, 12/01/22 | 6,000 | 6,033,420 |
| Special
Project, JFK International Air Terminal LLC, Series 8, AMT (NPFGC), 6.00%, 12/01/42 | 1,000 | 1,176,260 |
| Port
Authority of New York & New Jersey, Refunding ARB: | | |
| 178th
Series, AMT, 5.00%, 12/01/33 | 750 | 831,615 |
| 179th
Series, 5.00%, 12/01/38 | 575 | 651,228 |
| Consolidated,
146th Series, AMT (AGM), 4.50%, 12/01/34 | 500 | 513,870 |
| Consolidated,
147th Series, AMT, 4.75%, 4/15/37 | 1,330 | 1,372,906 |
| Consolidated,
177th Series, AMT, 4.00%, 1/15/43 | 1,970 | 1,972,502 |
| Consolidated,
178th Series, AMT, 5.00%, 12/01/43 | 500 | 546,655 |

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (continued) | | |
| Transportation
(concluded) | | |
| Port
Authority of New York & New Jersey, Refunding RB, 5.00%, 5/01/45 | $ 1,150 | $ 1,307,009 |
| State
of New York Thruway Authority, Refunding RB: | | |
| General,
5.00%, 1/01/32 | 2,850 | 3,255,783 |
| General,
Series I, 5.00%, 1/01/27 | 1,000 | 1,154,000 |
| General,
Series I, 5.00%, 1/01/37 | 2,920 | 3,255,566 |
| General,
Series I, 5.00%, 1/01/42 | 280 | 307,922 |
| Series
J, 5.00%, 1/01/41 | 2,000 | 2,216,260 |
| Triborough
Bridge & Tunnel Authority, Refunding RB (d): | | |
| CAB,
Sub-Series A, 0.00%, 11/15/32 | 845 | 439,974 |
| General,
Series B, 0.00%, 11/15/32 | 2,500 | 1,354,600 |
| _______ | | |
| | | 37,670,291 |
| Utilities —
8.4% | | |
| City
of New York New York Municipal Water Finance Authority, RB, Water & Sewer System, Series B, 5.00%, 6/15/36 | 750 | 786,487 |
| City
of New York New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System: | | |
| 2nd
General Resolution, Fiscal 2011, Series BB, 5.00%, 6/15/31 | 1,000 | 1,149,190 |
| Series
A, 4.75%, 6/15/30 | 1,500 | 1,614,735 |
| City
of New York New York Water & Sewer System, Refunding RB, Series D, 5.00%, 6/15/39 | 2,500 | 2,514,975 |
| Long
Island Power Authority, RB, General: | | |
| Electric
Systems, Series C (CIFG), 5.25%, 9/01/29 | 2,000 | 2,427,160 |
| Series
A (AGM), 5.00%, 5/01/36 | 500 | 554,560 |
| Long
Island Power Authority, Refunding RB, Electric System, Series A, 5.75%, 4/01/39 | 4,000 | 4,527,600 |

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BlackRock New York Municipal Income Trust April 30, 2015 6

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| Schedule
of Investments (continued) |
| --- |
| (Percentages
shown are based on Net Assets) |

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

| Municipal
Bonds | | |
| --- | --- | --- |
| New
York (concluded) | | |
| Utilities
(concluded) | | |
| State
of New York Environmental Facilities Corp., Refunding RB, Revolving Funds New York City Municipal Water, Series B, 5.00%,
6/15/36 | $ 350 | $ 392,623 |
| Utility
Debt Securitization Authority, Refunding RB, Restructuring, Series E, 5.00%, 12/15/41 | 2,000 | 2,287,220 |
| ___ | | |
| | | 16,254,550 |
| __ | | |
| Total
Municipal Bonds in New York | | 257,187,539 |
| Puerto
Rico — 1.4% | | |
| Housing —
1.4% | | |
| Puerto
Rico Housing Finance Authority, Refunding RB, M/F Housing, Subordinate, Capital Fund Modernization, 5.13%, 12/01/27 | 2,605 | 2,789,070 |
| Total
Municipal Bonds — 133.9% | | 259,976,609 |
| Municipal
Bonds Transferred to Tender
Option Bond Trusts (e) | | |
| New
York — 27.1% | | |
| County/City/Special District/School
District — 5.5% | | |
| City
of New York New York, GO: | | |
| Sub-Series
G-1, 5.00%, 4/01/29 | 4,370 | 4,997,445 |
| Sub-Series
I-1, 5.00%, 3/01/36 | 1,500 | 1,700,145 |
| City
of New York New York Transitional Finance Authority, RB, Future Tax Secured, Sub-Series D-1, 5.00%, 11/01/38 | 825 | 928,562 |
| New
York Liberty Development Corp., Refunding RB, 7 World Trade Center Project, Class 1, 5.00%, 9/15/40 | 2,610 | 2,959,766 |
| ____ | | |
| | | 10,585,918 |
| Education —
2.1% | | |
| City
of New York New York Trust for Cultural Resources, Refunding RB, Wildlife Conservation Society, Series A, 5.00%, 8/01/33 | 3,527 | 4,023,759 |

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

| Municipal
Bonds Transferred to Tender
Option Bond Trusts (e) | | |
| --- | --- | --- |
| New
York (continued) | | |
| State —
2.4% | | |
| City
of New York New York Transitional Finance Authority, BARB, Fiscal 2009, Series S-3, 5.25%, 1/15/39 | $ 660 | $ 738,314 |
| Hudson
Yards Infrastructure Corp., RB, Fiscal 2012, Series A, 5.75%, 2/15/47 (f) | 1,250 | 1,437,696 |
| Sales
Tax Asset Receivable Corp., Refunding RB, Fiscal 2015, Series A, 5.00%, 10/15/31 | 750 | 889,695 |
| State
of New York Dormitory Authority, RB, General Purpose, Series C, 5.00%, 3/15/41 | 1,500 | 1,657,905 |
| ___ | | |
| | | 4,723,610 |
| Transportation —
5.4% | | |
| New
York Liberty Development Corp., RB, 1 World Trade Center Port Authority Consolidated Bonds, 5.25%, 12/15/43 | 6,495 | 7,434,047 |
| Port
Authority of New York & New Jersey, ARB, Consolidated, 169th Series, 5.00%, 10/15/26 | 1,500 | 1,684,395 |
| State
of New York Thruway Authority, Refunding RB, Transportation, Series A, 5.00%, 3/15/31 | 1,180 | 1,352,150 |
| _____ | | |
| | | 10,470,592 |
| Utilities —
11.7% | | |
| City
of New York New York Municipal Water Finance Authority, RB, Water & Sewer System, Fiscal 2009, Series A, 5.75%, 6/15/40 | 1,200 | 1,367,098 |
| City
of New York New York Municipal Water Finance Authority, Refunding RB, Water & Sewer System: | | |
| 2nd
General Resolution, Series BB, 5.00%, 6/15/44 | 3,511 | 3,918,881 |
| 2nd
General Resolution, Series FF-2, 5.50%, 6/15/40 | 810 | 931,211 |
| 2nd
General Resolution, Series HH, 5.00%, 6/15/32 | 5,310 | 6,041,665 |
| Series
A, 4.75%, 6/15/30 | 2,500 | 2,691,225 |

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BlackRock New York Municipal Income Trust April 30, 2015 7

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| Schedule
of Investments (continued) |
| --- |
| (Percentages
shown are based on Net Assets) |

MARKER FORMAT-SHEET="2 Column - 1st Div" FSL="Workstation"

| Municipal
Bonds Transferred to Tender
Option Bond Trusts (e) | | |
| --- | --- | --- |
| New
York (concluded) | | |
| Utilities
(concluded) | | |
| Utility
Debt Securitization Authority, Refunding RB, 5.00%, 12/15/41 | $ 6,868 | $ 7,854,231 |
| _______ | | |
| | | 22,804,311 |
| Total
Municipal Bonds Transferred to Tender Option
Bond Trusts — 27.1% | | 52,608,190 |
| Total
Long-Term Investments (Cost — $290,524,368) — 161.0% | | 312,584,799 |
| Short-Term
Securities | Shares | |
| BIF
New York Municipal Money Fund, 0.00% (g)(h) | 884,124 | 884,124 |

MARKER FORMAT-SHEET="2 Column - 2nd Div" FSL="Workstation"

| Total
Short-Term Securities (Cost — $884,124) — 0.5% | $ 884,124 |
| --- | --- |
| Total
Investments (Cost — $291,408,492 * ) — 161.5% | 313,468,923 |
| Other
Assets Less Liabilities — 2.1% | 4,131,416 |
| Liability
for TOB Trust Certificates, Including Interest Expense and Fees Payable — (14.9%) | (28,965,423) |
| VMTP
Shares, at Liquidation Value — (48.7%) | (94,500,000) |
| Net
Assets Applicable to Common Shares — 100.0% | $ 194,134,916 |
| _______ | |

• As of April 30, 2015, gross unrealized appreciation and depreciation based on cost for federal income tax purposes were as follows:

| Tax
cost | $ | |
| --- | --- | --- |
| Gross
unrealized appreciation | $ 22,562,599 | |
| Gross
unrealized depreciation | (1,208,942 | ) |
| Net
unrealized appreciation | $ 21,353,657 | |

MARKER FORMAT-SHEET="2 Column - End of Div" FSL="Workstation"

| Notes
to Schedule of Investments | |
| --- | --- |
| (a) | Security exempt from
registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions
exempt from registration to qualified institutional investors. |
| (b) | Variable rate security. Rate shown
is as of report date. |
| (c) | U.S. Government securities, held
in escrow, are used to pay interest on this security, as well as to retire the bond in full at the date indicated, typically
at a premium to par. |
| (d) | Zero-coupon bond. |
| (e) | Represent bonds transferred to
a TOB Trust in exchange of cash and residual certificates received by the Trust. These bonds serve as collateral in a secured
borrowing. |
| (f) | All or a portion of security is
subject to a recourse agreement, which may require the Trust to pay the liquidity provider in the event there is a shortfall
between the TOB Trust Certificates and proceeds received from the sale of the security contributed to the TOB Trust or in
the event of a default on the security. In the case of a shortfall or default, the aggregate maximum potential amount the
Trust could ultimately be required to pay under the agreements, which expires on 2/15/2019 is $661,933. |
| (g) | During the period ended April 30,
2015, investments in issuers considered to be an affiliate of the Trust for purposes of Section 2(a)(3) of the Investment
Company Act of 1940, as amended, were as follows: |

Affiliate	Shares Held at July 31, 2014		Shares Held at April 30, 2015	Income
BIF
New York Municipal Money Fund	874,210	9,914	884,124	—

(h) Represents the current yield as of report date.

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BlackRock New York Municipal Income Trust April 30, 2015 8

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Schedule of Investments (continued) BlackRock New York Municipal Income Trust (BNY)

| Portfolio
Abbreviations | |
| --- | --- |
| AGC | Assured Guarantee Corp. |
| AGM | Assured Guaranty Municipal Corp. |
| AMBAC | American Municipal Bond Assurance
Corp. |
| AMT | Alternative Minimum Tax (subject
to) |
| ARB | Airport Revenue Bonds |
| BARB | Building Aid Revenue Bonds |
| BHAC | Berkshire Hathaway Assurance Corp. |
| CAB | Capital Appreciation Bonds |
| CIFG | CDC IXIS Financial Guaranty |
| EDC | Economic Development Corp. |
| ERB | Education Revenue Bonds |
| FHA | Federal Housing Administration |
| GO | General Obligation Bonds |
| HFA | Housing Finance Agency |
| M/F | Multi-Family |
| NPFGC | National Public Finance Guarantee
Corp. |
| PILOT | Payment in Lieu of Taxes |
| RB | Revenue Bonds |
| S/F | Single-Family |
| SONYMA | State of New York Mortgage Agency |

• As of April 30, 2015, financial futures contracts outstanding were as follows:

Contracts Short	Issue	Exchange	Expiration	Notional Value
(206)	10-Year
U.S. Treasury Note	Chicago
Board of Trade	June
2015	$ 26,445,250	$ (232,818)

For Trust compliance purposes, the Trust’s sector classifications refer to any one or more of the sector sub-classifications used by one or more widely recognized market indexes or rating group indexes, and/or as defined by the investment advisor. These definitions may not apply for purposes of this report, which may combine such sector sub-classifications for reporting ease.

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BlackRock New York Municipal Income Trust April 30, 2015 9

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Schedule of Investments (continued) BlackRock New York Municipal Income Trust (BNY)

•
•	Level 1 — unadjusted
quoted prices in active markets/exchanges for identical assets or liabilities that the Trust has the ability to access
•	Level 2 — other observable
inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted
prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that
are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss
severities, credit risks and default rates) or other market-corroborated inputs)
•	Level 3 — unobservable inputs
based on the best information available in the circumstances, to the extent observable inputs are not available (including
the Trust's own assumptions used in determining the fair value of investments and derivative financial instruments)
Changes in valuation techniques may result in transfers
into or out of an assigned level within the disclosure hierarchy. In accordance with the Trust's policy, transfers between
different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period.
For information about the Trust's policy regarding valuation of investments and derivative financial instruments, please refer
to the Trust's most recent financial statements as contained in its semi-annual report. As of April 30, 2015, the following tables summarize the Trust's investments and derivative financial instruments categorized
in the disclosure hierarchy:

	Level 1	Level 2	Level 3	Total
Assets:
Investments:
Long-Term Investments 1	—	$312,584,799	—	$312,584,799
Short-Term Securities	$884,124	—	—	884,124
Total	$884,124	$312,584,799	—	$313,468,923

1 See above Schedule of Investments for values in each sector.

	Level 1	Level 2	Level 3	Total
Derivative Financial Instruments 2
Liabilities:
Interest rate contracts	$(232,818)	—	—	$(232,818)

2 Derivative financial instruments are financial futures contracts, which are valued at the unrealized appreciation (depreciation) on the instrument.

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BlackRock New York Municipal Income Trust April 30, 2015 10

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Schedule of Investments (concluded) BlackRock New York Municipal Income Trust (BNY)

The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial reporting purposes. As of April 30, 2015, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:

	Level 1	Level 2	Level 3	Total
Assets:
Cash pledged for financial futures contracts	$293,000	—	—	$293,000
Liabilities:
TOB trust certificates	—	$ (28,960,581)	—	(28,960,581)
VMTP Shares	—	(94,500,000)	—	(94,500,000)
Total	$293,000	$(123,460,581)	$—	$(123,167,581)

During the period ended April 30, 2015, there were no transfers between levels.

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BlackRock New York Municipal Income Trust April 30, 2015 11

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Item 2 –	Controls and Procedures
2(a) –	The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the ″1940 Act″)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.
2(b) –	There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.
Item 3 –	Exhibits
	Certifications – Attached hereto
	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.
	BlackRock New York Municipal Income Trust

By:
John M. Perlowski
Chief Executive Officer (principal executive officer) of
BlackRock New York Municipal Income Trust
Date: June 22, 2015

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.

By:	/s/ John M. Perlowski
	John M. Perlowski
	Chief Executive Officer (principal executive officer) of
	BlackRock New York Municipal Income Trust
Date: June 22, 2015
By:	/s/ Neal J. Andrews
	Neal J. Andrews
	Chief Financial Officer (principal financial officer) of
	BlackRock New York Municipal Income Trust

Date: June 22, 2015

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