SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549


                                -------------------


                                    Form 8-K

                                 Current Report

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


                          Date of Report: December 1, 1999






                                                                                
Commission          Exact name of registrant as specified in its charter  State of       I.R.S. Employer
File Number         and principal office address and telephone number     Incorporation  I.D. Number


 1-1217             Consolidated Edison Company
                      of New York, Inc.                                   New York       13-5009340
                    4 Irving Place, New York, New York 10003
                    (212) 460-4600




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                     INFORMATION TO BE INCLUDED IN THE REPORT

ITEM 5.  OTHER EVENTS

Debt Financing

      On December 1, 1999,  Consolidated  Edison Company of New York,  Inc. (the
"Company")  entered into an  underwriting  agreement  with Morgan  Stanley & Co.
Incorporated  for the sale of $200 million  aggregate  principal  amount of the
Company's 7.15%  Debentures,  Series 1999 B (the  "Debentures").  The Debentures
were  registered  under the  Securities  Act of 1933  pursuant  to  Registration
Statements on Form S-3 (No. 333-45745, declared effective February 11, 1998, and
No. 333-90385, declared effective November 17, 1999) which registered $1 billion
aggregate  principal amount of unsecured debt securities of the Company.  Copies
of the  underwriting  agreement and the  definitive  form of the  Debentures are
filed as exhibits to this report.

ITEM 7.  FINANCIAL STATEMENTS AND EXHIBITS

(c)  Exhibits

     1            Underwriting Agreement relating to the Debentures.

     4            Form of Debenture.






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                                     SIGNATURE





      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                           CONSOLIDATED EDISON COMPANY
                                OF NEW YORK, INC.



                           By   Robert P. Stelben
                                Robert P. Stelben
                                Vice President and Treasurer



DATE:  December 2, 1999







                                       - 4 -


                                 Index to Exhibits

                                                      Sequential Page
                                                      Number at which
Exhibit                 Description                   Exhibit Begins

        1               Underwriting Agreement relating to the Debentures.

        4               Form of Debenture.