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.
Registrants 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