Exhibit 99.1

Final: For Release	Company Contact:
	Ronald Ristau
	Chief Operating Officer
	Chief Financial Officer
	(212) 884-2000
	Investor/Media Contact:
	Integrated Corporate Relations
	(203) 682-8200
	Investor: Allison Malkin
	Media: Kellie Baldyga

NEW YORK & COMPANY, INC. REPORTS MARCH SALES RESULTS
Total Sales Increase 16.9%
Comparable Store Sales Increase 4.5%

New York, New York — April 12, 2007 — New York & Company, Inc. [NYSE:NWY], a specialty apparel chain with 562 stores, announced today that total net sales for the five-week period ended April 7, 2007 increased 16.9% to $110.9 million, as compared to $94.9 million for the five-week period ended April 1, 2006.  Comparable store sales increased 4.5% for the five-week period ended April 7, 2007 as compared to a comparable store sales decrease of 15.7% for the five-week period ended April 1, 2006.

Total net sales for the nine-week year-to-date period ended April 7, 2007 increased 13.2% to $198.6 million, as compared to $175.4 million for the nine-week year-to-date period ended April 1, 2006.  Comparable store sales increased 3.7% for the nine-week period ended April 7, 2007 as compared to a comparable store sales decrease of 14.3% for the nine-week period ended April 1, 2006.

Richard P. Crystal, Chairman and CEO stated: “We were pleased with our March sales results, which reflected a solid response to our spring assortments.  Sales gained momentum throughout the month and included a successful pre-Easter week.  We remain optimistic about our business during the remainder of the spring season but do expect sales to be impacted in April due to the shift of the Easter selling period to March.”

The Company opened three new stores and closed one store in March, ending the month with 562 stores and 3.3 million selling square feet in operation.

Conference Call Information

To listen to New York & Company’s pre-recorded March sales message beginning today, Thursday, April 12, 2007 at 8:00 am EST, please dial (888) 203-1112 followed by the conference identification number #1785143.

Forward-Looking Statements: This press release contains certain forward-looking statements.  Some of these statements can be identified by terms and phrases such as “anticipate,” “believe,” “intend,” “estimate,” “expect,” “continue,” “could,” “may,” “plan,” “project,” “predict” and similar expressions and include references to assumptions that we believe are reasonable and relate to our future prospects, developments and business strategies.  Such statements are subject to various risks and uncertainties that could cause actual results to differ materially.  These include, but are not limited to:  (i) our ability to open and operate stores successfully; (ii) seasonal fluctuations in our business; (iii) our ability to anticipate and respond to fashion trends and launch new product lines successfully; (iv) general economic conditions, consumer confidence and spending patterns; (v) our dependence on mall traffic for our sales; (vi) the susceptibility of our business to extreme and/or unseasonable weather conditions; (vii) our ability to retain and recruit key personnel; (viii) our reliance on third parties to manage some aspects of our business; (ix) changes in the cost of raw materials, distribution services or labor; (x) our reliance on foreign sources of production; (xi) the potential impact of natural disasters and health concerns relating to outbreaks of widespread diseases, particularly on manufacturing operations of our vendors; (xii) the ability of our manufacturers to manufacture and deliver products in a timely manner while meeting our quality standards; (xiii) our ability to successfully integrate acquired businesses into our existing business; (xiv) our reliance on manufacturers to maintain ethical business practices; (xv) our ability to protect our trademarks and other intellectual property rights; (xvi) our ability to maintain and our reliance on our information systems infrastructure; (xvii) our dependence on the success of our brand; (xviii) competition in our market, including promotional and pricing competition; (xix) our reliance on the effective use of customer information; (xx) the effects of government regulation; (xxi) the control of our company by our sponsors; and (xxii) other risks and uncertainties as described in our documents filed with the SEC, including our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q.  We undertake no obligation to revise the forward-looking statements included in this press release to reflect any future events or circumstances.

About New York & Company, Inc.

New York & Company, Inc., founded in 1918, is a leading specialty retailer of fashion-oriented, moderately-priced women’s apparel. The Company’s proprietary branded New York & Company ™ merchandise is sold exclusively through its national network of New York & Company retail stores and online at www.nyandcompany.com. The Company currently operates 562 retail stores in 44 states. Additionally, certain product, press release and SEC filing information concerning the Company are available at the Company’s website: www.nyandcompany.com.

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