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 Investment Quality Municipal Trust, Inc.

	By:	/s/ John M. Perlowski
		John M. Perlowski
		Chief Executive Officer (principal executive officer) of
		BlackRock New York Investment Quality Municipal Trust, Inc.

	Date: December 21, 2011

	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 Investment Quality Municipal Trust, Inc.

	Date: December 21, 2011

	By:	/s/ Neal J. Andrews
		Neal J. Andrews
		Chief Financial Officer (principal financial officer) of
		BlackRock New York Investment Quality Municipal Trust, Inc.

	Date: December 21, 2011



Schedule of Investments October 31, 2011 (Unaudited)	BlackRock New York Investment Quality Municipal Trust Inc. (RNY)
Schedule of Investments October 31, 2011 (Unaudited)	(Percentages shown are based on Net Assets)


Municipal Bonds	Par (000)		Value
New York — 134.6%
Corporate — 16.1%
Chautauqua County Industrial Development Agency, RB, NRG Dunkirk Power Project, 5.88%, 4/01/42	$	130	$	128,233
Essex County Industrial Development Agency New York, RB, International Paper Co., Series A, AMT, 6.63%, 9/01/32		100		106,210
Jefferson County Industrial Development Agency New York, Refunding RB, Solid Waste, Series A, AMT, 5.20%, 12/01/20		150		150,242
New York City Industrial Development Agency, RB, American Airlines Inc., JFK International Airport, AMT (a):
7.63%, 8/01/25		800		739,992
7.75%, 8/01/31		300		277,509
New York Liberty Development Corp., RB, Goldman Sachs Headquarters:
5.25%, 10/01/35		550		559,009
5.50%, 10/01/37		200		209,944
Port Authority of New York & New Jersey, RB, Continental Airlines Inc. and Eastern Air Lines Inc. Project, LaGuardia, AMT, 9.13%, 12/01/15		790		798,769
				2,969,908
County/City/Special District/School District — 40.8%
Amherst Development Corp., RB, University at Buffalo Foundation Faculty-Student Housing Corp., Series A (AGM):
4.38%, 10/01/30		250		248,243
4.63%, 10/01/40		275		272,176
Hudson Yards Infrastructure Corp., RB, Series A:
5.00%, 2/15/47		1,300		1,278,719
(NPFGC), 4.50%, 2/15/47		60		54,403
Monroe County Industrial Development Corp., RB, Series A, 5.00%, 7/01/31		265		278,247

Municipal Bonds	Par (000)		Value
New York (continued)
County/City/Special District/School District (concluded)
New York City Industrial Development Agency, RB, PILOT:
CAB, Yankee Stadium (AGC), 5.87%, 3/01/35 (b)	$	400	$	109,504
CAB, Yankee Stadium (AGC), 6.22%, 3/01/45 (b)		445		63,648
Queens Baseball Stadium (AGC), 6.38%, 1/01/39		100		106,885
Queens Baseball Stadium (AMBAC), 5.00%, 1/01/39		650		554,879
Yankee Stadium (FGIC), 5.00%, 3/01/46		100		95,576
New York City Transitional Finance Authority, RB, Fiscal 2009, Series S-3, 5.25%, 1/15/39		150		160,080
New York Convention Center Development Corp., RB, Hotel Unit Fee Secured (AMBAC), 5.00%, 11/15/44		685		691,213
New York Liberty Development Corp., Refunding RB, Second Priority, Bank of America Tower at One Bryant Park Project:
5.63%, 7/15/47		1,100		1,105,995
6.38%, 7/15/49		100		103,767
New York State Dormitory Authority, RB, State University Dormitory Facilities, Series A, 5.00%, 7/01/39		100		105,058
Saint Lawrence County Industrial Development Agency, RB, Clarkson University Project, 6.00%, 9/01/34		150		166,325
Sales Tax Asset Receivable Corp., RB, Series A (AMBAC), 5.00%, 10/15/32		2,000		2,140,360
				7,535,078
Education — 17.9%
Albany Industrial Development Agency, RB, New Covenant Charter School Project, Series A (c)(d):
7.00%, 5/01/25		95		23,754
7.00%, 5/01/35		60		15,002


AGC	Assured Guaranty Corp.
AGM	Assured Guaranty Municipal Corp.
AMBAC	American Municipal Bond Assurance Corp.
AMT	Alternative Minimum Tax (subject to)
CAB	Capital Appreciation Bonds
ERB	Education Revenue Bonds
FGIC	Financial Guaranty Insurance Co.
FHA	Federal Housing Administration
GO	General Obligation Bonds
LRB	Lease Revenue Bonds
MRB	Mortgage Revenue Bonds
NPFGC	National Public Finance Guarantee Corp.
PILOT	Payment in Lieu of Taxes
RB	Revenue Bonds



Schedule of Investments (continued)	BlackRock New York Investment Quality Municipal Trust Inc. (RNY)
Schedule of Investments (continued)	(Percentages shown are based on Net Assets)


Municipal Bonds	Par (000)		Value
New York (continued)
Education (concluded)
City of Troy New York, Refunding RB, Rensselaer Polytechnic, Series A, 5.13%, 9/01/40	$	100	$	101,090
Nassau County Industrial Development Agency, Refunding RB, New York Institute of Technology Project, Series A, 4.75%, 3/01/26		100		102,274
New York State Dormitory Authority, RB:
Convent of the Sacred Heart (AGM), 5.75%, 11/01/40		150		162,435
Cornell University, Series A, 5.00%, 7/01/40		100		107,485
Fordham University, Series A, 5.50%, 7/01/36		50		54,044
New School University (AGM), 5.50%, 7/01/43		100		106,146
Rochester Institute of Technology, Series A, 6.00%, 7/01/33		175		192,818
University of Rochester, Series A, 5.13%, 7/01/39		200		210,534
University of Rochester, Series A, 5.83%, 7/01/39 (e)		175		162,669
New York State Dormitory Authority, Refunding RB:
Brooklyn Law School, 5.75%, 7/01/33		75		80,816
Skidmore College, Series A, 5.25%, 7/01/30		250		270,045
Teachers College, 5.50%, 3/01/39		200		213,650
Schenectady County Industrial Development Agency, Refunding RB, Union College Project, 5.00%, 7/01/31		400		405,956
Suffolk County Industrial Development Agency, Refunding RB, New York Institute of Technology Project, 5.00%, 3/01/26		100		100,971
Tompkins County Development Corp., RB, Ithaca College Project (AGM), 5.50%, 7/01/33		50		54,109
Trust for Cultural Resources, RB, Series A:
Carnegie Hall, 4.75%, 12/01/39		375		379,001
Carnegie Hall, 5.00%, 12/01/39		150		154,109
Juilliard School, 5.00%, 1/01/39		250		264,312
Yonkers Industrial Development Agency New York, RB, Sarah Lawrence College Project, Series A, 6.00%, 6/01/41		125		132,238
				3,293,458

Municipal Bonds	Par (000)		Value
New York (continued)
Health — 23.4%
Dutchess County Local Development Corp., Refunding RB, Health Quest System Inc., Series A, 5.75%, 7/01/30	$	150	$	156,642
Genesee County Industrial Development Agency New York, Refunding RB, United Memorial Medical Center Project, 5.00%, 12/01/27		100		85,881
Monroe County Industrial Development Corp., RB, Unity Hospital of Rochester Project (FHA), 5.50%, 8/15/40		100		107,753
New York State Dormitory Authority, MRB, Hospital, Lutheran Medical (NPFGC), 5.00%, 8/01/31		250		251,727
New York State Dormitory Authority, RB:
New York State Association for Retarded Children, Inc., Series A, 6.00%, 7/01/32		75		80,760
New York University Hospital Center, Series A, 5.75%, 7/01/31		100		104,144
New York University Hospital Center, Series A, 5.00%, 7/01/36		500		481,445
New York University Hospital Center, Series B, 5.63%, 7/01/37		150		152,421
North Shore-Long Island Jewish Health System, Series A, 5.00%, 5/01/32		500		503,760
North Shore-Long Island Jewish Health System, Series A, 5.50%, 5/01/37		175		180,086
North Shore-Long Island Jewish Health System, Series A, 5.75%, 5/01/37		250		261,130
New York State Dormitory Authority, Refunding RB:
Kateri Residence, 5.00%, 7/01/22		1,000		1,000,490
Mount Sinai Hospital, Series A, 5.00%, 7/01/26		140		143,956
North Shore-Long Island Jewish Health System, Series E, 5.50%, 5/01/33		150		155,022
St. Luke’s Roosevelt Hospital (FHA), 4.90%, 8/15/31		100		100,887
Saratoga County Industrial Development Agency New York, RB, Saratoga Hospital Project, Series B, 5.25%, 12/01/32		100		99,995
Suffolk County Industrial Development Agency New York, Refunding RB, Jeffersons Ferry Project, 5.00%, 11/01/28		115		107,856
Westchester County Healthcare Corp. New York, Refunding RB, Senior Lien, Series B, 6.00%, 11/01/30		100		104,016



BLACKROCK NEW YORK INVESTMENT QUALITY MUNICIPAL TRUST INC.	OCTOBER 31, 2011	1


Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts (g)	Par (000)		Value
New York — 6.3%
Utilities — 6.3%
New York City Municipal Water Finance Authority, RB, Fiscal 2009, Series A, 5.75%, 6/15/40	$	105	$	118,297
New York City Municipal Water Finance Authority, Refunding RB, Series A, 4.75%, 6/15/30		1,000		1,041,470
				1,159,767
Total Municipal Bonds Transferred to Tender Option Bond (TOB) Trusts – 6.3%				1,159,767
Total Long-Term Investments (Cost – $27,507,543) – 152.2%				28,098,157



Short-Term Securities	Shares
BIF New York Municipal Money Fund, 0.00% (h)(i)		401,850		401,850
Total Short-Term Securities (Cost – $401,850) – 2.2%				401,850
Total Investments (Cost - $27,909,393*) – 154.4%				28,500,007
Other Assets Less Liabilities – 1.4%				260,504
Liability for TOB Trust Certificates, Including Interest Expense and Fees Payable – (3.1)%				(570,435	)
AMPS, at Redemption Value – (52.7)%				(9,725,061	)
Net Assets Applicable to Common Shares – 100.0%			$	18,465,015


*	The cost and unrealized appreciation (depreciation) of investments as of October 31, 2011, as computed for federal income tax purposes, were as follows:


Aggregate cost	$	27,337,896
Gross unrealized appreciation	$	1,040,336
Gross unrealized depreciation		(448,199	)
Net unrealized appreciation	$	592,137


(a)	Variable rate security. Rate shown is as of report date.

(b)	Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.

(c)	Issuer filed for bankruptcy and/or is in default of interest payments.

(d)	Non-income producing security.

(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 is as of report date.

(f)	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.

(g)	Securities represent bonds transferred to a TOB in exchange for which the Trust acquired residual interest certificates. These securities serve as collateral in a financing transaction.

(h)	Investments in companies considered to be an affiliate of the Trust during the period, 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, 2011		Net Activity		Shares Held at October 31, 2011		Income
BIF New York Municipal Money Fund		88,605		313,245		401,850	$	—



Schedule of Investments (concluded)	BlackRock New York Investment Quality Municipal Trust Inc. (RNY)


•	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 ratings groups indexes, and/or as defined by Trust management. These definitions may not apply for reporting ease.

•	Fair Value Measurements - Various inputs are used in determining the fair value of investments. These inputs are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows:

	•	Level 1 — unadjusted 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)

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. The categorization of a value determined for investments is based on the pricing transparency of the investment and does not necessarily correspond to the Trust’s perceived risk of 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.

The following table summarizes the inputs used as of October 31, 2011 in determining the fair valuation of the Trust’s investments:


Valuation Inputs	Level 1		Level 2		Level 3		Total
Assets:
Investments:
Long-Term Investments¹		—	$	28,098,157		—	$	28,098,157
Short-Term Securities	$	401,850		—		—		401,850
Total	$	401,850	$	28,098,157		—	$	28,500,007


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