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UNITEDSTATES
SECURITIESANDEXCHANGECOMMISSION
Washington,D.C.20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21124

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

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: Anne F. Ackerley, Chief Executive Officer, BlackRock New
York Municipal Income Trust II, 55 East 52nd Street, New York, NY 10055.

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

Date of fiscal year end: 08/31/2010

Date of reporting period: 11/30/2009

Item 1 – Schedule of Investments


BlackRock New York Municipal Income Trust II (BFY)       
Schedule of Investments November 30, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
       Par   
  Municipal Bonds    (000)  Value 
New York - 145.7%         
Corporate - 23.0%  Essex County Industrial Development Agency, New York, RB,     
  International Paper Co. Project, Series A, AMT, 6.63%, 9/01/32  $ 200 $  201,092 
  Essex County Industrial Development Agency, New York, Refunding RB,     
  International Paper Co. Project, Series A, AMT, 5.50%, 10/01/26  625  571,087 
  New York City Industrial Development Agency, RB, American Airlines     
  Inc., JFK International Airport, AMT, 7.63%, 8/01/25  1,600  1,492,768 
  New York City Industrial Development Agency, RB, American Airlines     
  Inc., JFK International Airport, AMT, 7.75%, 8/01/31  1,500  1,403,175 
  New York City Industrial Development Agency, RB, Liberty-     
  IAC/InteractiveCorp, 5.00%, 9/01/35    1,000  679,780 
  New York Liberty Development Corp., RB, Goldman Sachs Headquarters,     
  5.25%, 10/01/35    750  736,830 
  New York State Energy Research & Development Authority, RB, AMT,     
  4.70%, 6/01/36    5,500  5,505,335 
  Port Authority of New York & New Jersey, RB, Continental Airlines Inc.     
  and Eastern Air Lines Inc. Project, LaGuardia, AMT,     
  9.13%, 12/01/15    3,310  3,312,946 
  Suffolk County Industrial Development Agency, New York, RB, KeySpan,     
  Port Jefferson, AMT, 5.25%, 6/01/27    2,500  2,419,425 
        16,322,438 
County/City/Special  City of New York New York, GO, Series A-1, 4.75%, 8/15/25  500  519,855 
District/School District - 33.1%  City of New York New York, GO, Series B, 5.75%, 12/01/11 (a)  2,000  2,205,880 
  City of New York New York, GO, Sub-Series G-1, 6.25%, 12/15/31  250  285,393 
  City of New York New York, GO, Sub-Series I-1, 5.38%, 4/01/36  450  474,102 
  Hudson Yards Infrastructure Corp., RB, Series A, 5.00%, 2/15/47  350  318,538 

Portfolio Abbreviations
To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities
have been abbreviated according to the following list.

ACA  American Capital Access Corp.  GNMA  Government National Mortgage Association 
AGC  Assured Guaranty Corp.  GO  General Obligation Bonds 
AMBAC  American Municipal Bond Assurance Corp.  HFA  Housing Finance Agency 
AMT  Alternative Minimum Tax (subject to)  MBIA  Municipal Bond Investors Assurance (National 
CAB  Capital Appreciation Bonds    Public Finance Guaranty Corp.) 
CIFG  CDC IXIS Financial Guaranty  PILOT  Payment in Lieu of Taxes 
COP  Certificates of Participation  RB  Revenue Bonds 
FHA  Federal Housing Administration  SONYMA  State of New York Mortgage Agency 
FSA  Financial Security Assurance Inc.     

1


BlackRock New York Municipal Income Trust II (BFY)       
Schedule of Investments November 30, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
       Par   
  Municipal Bonds    (000)  Value 
  New York City Industrial Development Agency, RB, CAB, Yankee Stadium,     
  PILOT (AGC), 5.76%, 3/01/35 (b)    $ 500 $  111,810 
  New York City Industrial Development Agency, RB, Queens Baseball     
  Stadium, PILOT (AGC), 6.38%, 1/01/39    100  110,244 
  New York City Industrial Development Agency, RB, Queens Baseball     
  Stadium, PILOT (AMBAC), 5.00%, 1/01/39    500  451,855 
  New York City Industrial Development Agency, RB, Queens Baseball     
  Stadium, PILOT (AMBAC), 5.00%, 1/01/46    2,050  1,828,415 
New York City Transit Authority, Metropolitan Transit Authority,
  Triborough Bridge & Tunnel Authority, COP, Series A (AMBAC),     
  5.25%, 1/01/10 (a)    5,000  5,071,550 
  New York City Transitional Finance Authority, RB, Fiscal 2009,     
  Series S-3, 5.25%, 1/15/39    1,300  1,342,744 
  New York City Transitional Finance Authority, RB, Series S-2 (MBIA),     
  4.50%, 1/15/31    2,500  2,417,100 
  New York City Transitional Finance Authority, RB, Series S-2 (MBIA),     
  4.25%, 1/15/34    250  226,483 
  New York City Transitional Finance Authority, Refunding RB, Future Tax     
  Secured, Series B, 5.00%, 11/01/27    5,000  5,228,900 
  New York Convention Center Development Corp., RB, Hotel Unit Fee     
  Secured (AMBAC), 5.00%, 11/15/35    2,750  2,672,065 
  New York State Dormitory Authority, RB, State University Dormitory     
  Facilities, Series A, 5.00%, 7/01/39    250  254,565 
        23,519,499 
Education - 24.9%  Albany Industrial Development Agency, RB, New Covenant Charter School     
  Project, Series A, 7.00%, 5/01/25    345  217,343 
  Albany Industrial Development Agency, RB, New Covenant Charter School     
  Project, Series A, 7.00%, 5/01/35    220  138,596 
  Dutchess County Industrial Development Agency, New York, RB, Vassar     
  College Project, 5.35%, 8/01/11 (a)    3,000  3,268,140 
  Dutchess County Industrial Development Agency, New York, Refunding     
  RB, Bard College Civic Facility, Series A-2, 4.50%, 8/01/36  755  618,149 
  Geneva Industrial Development Agency, New York, RB, Hobart & William     
  Smith Project, Series A, 5.38%, 2/01/33    3,250  3,270,897 
  Herkimer County Industrial Development Agency, New York, RB, College     
  Foundation Inc. Student Housing Project, 6.25%, 8/01/34  385  351,678 
  New York City Industrial Development Agency, RB, Lycee Francais de     
  New York Project, Series A (ACA), 5.38%, 6/01/23  1,500  1,541,145 
  New York City Industrial Development Agency, Refunding RB, Polytechnic     
  University Project (ACA), 5.25%, 11/01/37    460  393,139 
New York Liberty Development Corp., RB, National Sports Museum
  Project, Series A, 6.13%, 2/15/19 (c)(d)    675  7 
  New York State Dormitory Authority, RB, 5.65%, 7/01/39 (e)  225  178,736 
  New York State Dormitory Authority, RB, Brooklyn Law School, Series B     
  (Syncora), 5.13%, 7/01/30    2,000  1,966,200 

2


BlackRock New York Municipal Income Trust II (BFY)       
Schedule of Investments November 30, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
       Par   
  Municipal Bonds    (000)       Value 
  New York State Dormitory Authority, RB, New School University (MBIA),     
  5.00%, 7/01/31    $1,425  $ 1,429,888 
New York State Dormitory Authority, RB, Rochester Institute of
  Technology, Series A, 6.00%, 7/01/33    625  683,219 
  New York State Dormitory Authority, RB, University of Rochester, Series     
  A, 5.13%, 7/01/39    250  254,635 
  New York State Dormitory Authority, Refunding RB, Brooklyn Law School,     
  5.75%, 7/01/33    250  255,715 
  New York State Dormitory Authority, Refunding RB, Teachers College,     
  5.50%, 3/01/39    650  671,255 
Trust for Cultural Resources, RB, Carnegie Hall, Series A, 4.75%,
  12/01/39 (f)    925  906,296 
Trust for Cultural Resources, RB, Juilliard School, Series A, 5.00%,
  1/01/39    1,050  1,087,968 
  Yonkers Industrial Development Agency, New York, RB, Sarah Lawrence     
  College Project, Series A, 6.00%, 6/01/41    500  506,690 
        17,739,696 
Health - 15.6%  Clarence Industrial Development Agency, RB, Bristol Village Project     
  (GNMA), 6.00%, 1/20/44    1,690  1,737,134 
  Genesee County Industrial Development Agency, New York, Refunding     
  RB, United Memorial Medical Center Project, 5.00%, 12/01/27  250  197,112 
  New York City Industrial Development Agency, RB, Eger Harbor Project,     
  Series A (GNMA), 4.95%, 11/20/32    980  977,050 
  New York City Industrial Development Agency, RB, Eger Harbor Project,     
  Series A (GNMA), 5.88%, 5/20/44    975  1,022,024 
  New York State Dormitory Authority, RB, Mortgage, Saint Barnabas,     
  Series A (FHA), 5.00%, 2/01/31    1,500  1,515,195 
New York State Dormitory Authority, RB, New York & Presbyterian
  Hospital (FSA), 5.25%, 2/15/31    425  436,365 
  New York State Dormitory Authority, RB, New York Hospital Medical     
  Center-Queens (FHA), 4.75%, 2/15/37    315  277,802 
  New York State Dormitory Authority, RB, New York State Association for     
  Retarded Children Inc., Series A, 6.00%, 7/01/32  350  364,739 
  New York State Dormitory Authority, RB, New York University Hospital     
  Center, Series B, 5.63%, 7/01/37    530  510,231 
  New York State Dormitory Authority, RB, North Shore Long Island Jewish     
  Health System, Series A, 5.50%, 5/01/37    750  748,905 
  New York State Dormitory Authority, Refunding RB, Kateri Residence,     
  5.00%, 7/01/22    2,000  2,051,340 
  New York State Dormitory Authority, Refunding RB, North Shore Long     
  Island Jewish Health System, Series E, 5.50%, 5/01/33  500  501,070 
  Saratoga County Industrial Development Agency, New York, RB, Saratoga     
  Hospital Project, Series B, 5.25%, 12/01/32    350  323,631 
  Suffolk County Industrial Development Agency, New York, Refunding RB,     
  Jeffersons Ferry Project, 5.00%, 11/01/28    450  399,019 
        11,061,617 

3


BlackRock New York Municipal Income Trust II (BFY)       
Schedule of Investments November 30, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
       Par   
  Municipal Bonds    (000)       Value 
Housing - 3.2%  New York City Housing Development Corp., RB, Series J-2, Series A, AMT,     
  4.75%, 11/01/27    $1,420  $ 1,370,101 
  New York State HFA, RB, Highland Avenue Senior Apartments, Series A,     
  AMT (SONYMA), 5.00%, 2/15/39    1,000  894,380 
        2,264,481 
State - 5.4%  New York State Dormitory Authority, RB, Education, Series B,     
  5.75%, 3/15/36    300  330,834 
  New York State Dormitory Authority, RB, Municipal Health Facilities, Sub-     
  Series 2-4, 4.75%, 1/15/30    1,000  1,003,960 
  New York State Urban Development Corp., RB, State Personal Income     
  Tax, Series B, 5.00%, 3/15/35    2,000  2,028,620 
  State of New York, GO, Series A, 5.00%, 2/15/39  500  512,575 
        3,875,989 
Tobacco - 11.1%  New York Counties Tobacco Trust III, RB, Tobacco Settlement Pass Thru,     
  Turbo, 6.00%, 6/01/43    2,535  2,285,328 
  South Carolina Inc., New York, RB, Tobacco Settlement Asset Backed,     
  Series 1, 5.75%, 7/15/12 (a)    5,000  5,632,650 
        7,917,978 
Transportation - 16.2%  Metropolitan Transportation Authority, RB, Series 2008-C,     
  6.50%, 11/15/28    750  856,597 
  Metropolitan Transportation Authority, RB, Series B, 4.50%, 11/15/37  500  454,865 
Metropolitan Transportation Authority, Refunding RB, Series A,
  5.13%, 1/01/29    3,000  3,050,310 
Metropolitan Transportation Authority, Refunding RB, Series A,
  5.00%, 11/15/30    5,000  5,042,250 
  Metropolitan Transportation Authority, Refunding RB, Series A (MBIA),     
  5.25%, 11/15/31    1,250  1,266,350 
  Port Authority of New York & New Jersey, RB, Consolidated, 161st Series,     
  4.50%, 10/15/37    750  713,370 
  Triborough Bridge & Tunnel Authority, RB, General Purpose, Series A,     
  5.00%, 1/01/32    150  151,471 
        11,535,213 
Utilities - 13.2%  Long Island Power Authority, RB, CAB (FSA), 5.21%, 6/01/28 (b)  3,515  1,526,213 
  Long Island Power Authority, RB, General, Series C (CIFG),     
  5.25%, 9/01/29    1,000  1,093,260 
  Long Island Power Authority, Refunding RB, Series A, 5.50%, 4/01/24  500  545,305 
  Long Island Power Authority, Refunding RB, Series A, 6.25%, 4/01/33  150  171,543 
  New York City Municipal Water Finance Authority, RB, Second General     
  Resolution (MBIA), 4.50%, 6/15/37    500  477,940 
  New York City Municipal Water Finance Authority, Refunding RB, Series     
  A, 5.13%, 6/15/34    4,000  4,046,880 
  New York State Environmental Facilities Corp., Refunding RB, Revolving     
  Funds, New York City Water Project, Series A,       
  5.00%, 6/15/37    1,500  1,541,955 
        9,403,096 
  Total Municipal Bonds in New York      103,640,007 

4


BlackRock New York Municipal Income Trust II (BFY)       
Schedule of Investments November 30, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
             Par   
  Municipal Bonds         (000)       Value 
Guam - 2.3%         
County/City/Special  Territory of Guam, RB, Section 30, Series A, 5.75%, 12/01/34  $ 455  $ 462,963 
District/School District - 0.7%         
State - 0.7%  Territory of Guam, GO, Series A, 7.00%, 11/15/39  485  497,198 
Tobacco - 0.4%  Guam Economic Development & Commerce Authority, Refunding RB,     
  Tobacco Settlement Asset-Backed, 5.63%, 6/01/47  375  312,007 
Utilities - 0.5%  Guam Government Waterworks Authority, Refunding RB, Water, 5.88%,     
  7/01/35    400  378,992 
  Total Municipal Bonds in Guam      1,651,160 
Multi-State - 5.8%         
Housing - 5.8%  Centerline Equity Issuer Trust, 5.75%, 5/15/15 (g)(h)  500  512,305 
  Centerline Equity Issuer Trust, 6.00%, 5/15/15 (g)(h)  1,500  1,552,710 
  Centerline Equity Issuer Trust, 6.00%, 5/15/19 (g)(h)  1,000  1,034,300 
  Centerline Equity Issuer Trust, 6.30%, 5/15/19 (g)(h)  1,000  1,039,010 
  Total Municipal Bonds in Multi-State      4,138,325 
Puerto Rico - 6.6%         
County/City/Special  Puerto Rico Sales Tax Financing Corp., Refunding RB, CAB, Series A     
District/School District - 0.3%  (MBIA), 5.80%, 8/01/41 (b)    1,500  228,345 
Housing - 1.4%  Puerto Rico Housing Finance Authority, Refunding RB, Subordinate,     
  Capital Fund Modernization, 5.13%, 12/01/27    1,000  1,012,590 
State - 0.4%  Puerto Rico Sales Tax Financing Corp., Refunding RB, CAB, Series A     
  (AMBAC), 5.14%, 8/01/54 (b)    5,000  299,550 
Tobacco - 0.6%  Children's Trust Fund, Refunding RB, Asset Backed, 5.63%, 5/15/43  500  428,605 
Transportation - 3.2%  Puerto Rico Highway & Transportation Authority, Refunding RB, Series D,     
  5.38%, 7/01/12 (a)    2,000  2,223,900 
Utilities - 0.7%  Puerto Rico Electric Power Authority, Refunding RB, Series VV (MBIA),     
  5.25%, 7/01/29    500  500,585 
  Total Municipal Bonds in Puerto Rico      4,693,575 
  Total Municipal Bonds - 160.4%      114,123,067 
  Municipal Bonds Transferred to       
  Tender Option Bond Trusts (i)       
New York - 0.4%         
Utilities - 0.4%  New York City Municipal Water Finance Authority, RB, Fiscal 2009,     
  Series A, 5.75%, 6/15/40    240  263,172 
  Total Municipal Bonds Transferred to       
  Tender Option Bond Trusts - 0.4%      263,172 
  Total Long-Term Investments       
  (Cost - $113,599,149) - 160.8%      114,386,239 
  Short-Term Securities    Shares   
  CMA New York Municipal Money Fund, 0.04% (j)(k)  1,356,062  1,356,062 
  Total Short-Term Securities       
  (Cost - $1,356,062) - 1.9%      1,356,062 
  Total Investments (Cost - $114,955,211*) - 162.7%    115,742,301 
  Other Assets Less Liabilities - 0.0%      26,829 
  Liability for Trust Certificates, Including       
  Interest Expense and Fees Payable - (0.2)%      (160,107) 
  Preferred Shares, at Redemption Value - (62.5)%    (44,477,154) 
  Net Assets Applicable to Common Shares - 100.0%  $ 71,131,869 

5


BlackRock New York Municipal Income Trust II (BFY)
Schedule of Investments November 30, 2009 (Unaudited)

* The cost and unrealized appreciation (depreciation) of investments as of November 30, 2009, as computed

for federal income tax purposes, were as follows:

Aggregate cost  $ 114,943,887 
Gross unrealized appreciation  $ 3,722,574 
Gross unrealized depreciation  (3,084,100) 
Net unrealized appreciation  $ 638,474 

(a) US 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.
(b) Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.
(c) Non-income producing security.
(d) Issuer filed for bankruptcy and/or is in default of interest payments.
(e) Represents a step-up bond that pays an initial coupon rate for the first period and then a higher coupon rate
for the following periods. Rate shown reflects the current yield as of report date.
(f) When-issued security. Unsettled when-issued security transactions were as follows:

      Unrealized   
Counterparty  Value    Appreciation   
Citigroup  $ 906,296  $ 14,254 

(g) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be
resold in transactions exempt from registration to qualified institutional investors.
(h) Security represents a beneficial interest in a trust. The collateral deposited into the trust is federally tax-
exempt revenue bonds issued by various state or local governments, or their respective agencies or
authorities. The security is subject to remarketing prior to its stated maturity, and is subject to mandatory
redemption at maturity.

(i) Securities represent bonds transferred to a tender option bond trust in exchange for which the Trust
acquired the residual interest certificates. These securities serve as collateral in a financing transaction.

(j) Investments in companies considered to be an affiliate of the Trust, for purposes of Section 2(a)(3) of the
Investment Company Act of 1940, were as follows:

  Net     
Affiliate  Activity    Income 
CMA New York Municipal       
   Money Fund  $ 599,985  $ 22 

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

Fair Value Measurements – Various inputs are used in determining the fair value of investments, which are as
follows:
Level 1 - price quotations in active markets/exchanges for identical assets and liabilities
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)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with
investing in those securities. For information about the Trust's policy regarding valuation of investments and
other significant accounting policies, please refer to the Trust's most recent financial statements as contained
in its annual report.

6


BlackRock New York Municipal Income Trust II (BFY)
Schedule of Investments November 30, 2009 (Unaudited)

The following table summarizes the inputs used as of November 30, 2009 in determining the fair
valuation of the Trust's investments:

  Investments in 
Valuation Inputs  Securities 
  Assets 
Level 1 - Short-Term Securities  $ 1,356,062 
Level 2 - Long-Term Investments1  114,386,239 
Level 3  - 
Total  $ 115,742,301 

1 See above Schedule of Investments for values in each state and political subdivision.

7


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 13(a)-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 II

By: /s/ Anne F. Ackerley
Anne F. Ackerley
Chief Executive Officer of
BlackRock New York Municipal Income Trust II

Date: January 22, 2010

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/ Anne F. Ackerley
Anne F. Ackerley
Chief Executive Officer (principal executive officer) of
BlackRock New York Municipal Income Trust II

Date: January 22, 2010

By: /s/ Neal J. Andrews
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock New York Municipal Income Trust II

Date: January 22, 2010