Exhibit (b)

                                    CERTIFICATIONS


                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002

I, Galen G. Vetter, Chief Executive Officer of the FRANKLIN NEW YORK TAX-FREE
INCOME FUND (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350 as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my
knowledge:

     1.   The periodic report on Form N-CSR of the Registrant for the period
          ended 5/31/2008 (the "Form N-CSR") fully complies with the
          requirements of Section 13(a) or 15(d) of the Securities Exchange Act
          of 1934; and

     2.   The information contained in the Form N-CSR fairly presents, in all
          material respects, the financial condition and results of operations
          of the Registrant.

Dated: 7/25/2008


                            /S/GALEN G. VETTER
                            Galen G. Vetter
                            Chief Executive Officer - Finance and Administration







                CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350
                       AS ADOPTED PURSUANT TO SECTION 906
                        OF THE SARBANES-OXLEY ACT OF 2002

I, Laura F. Fergerson, Chief Financial Officer of the FRANKLIN NEW YORK TAX-FREE
INCOME FUND (the "Registrant"), certify, pursuant to 18 U.S.C. Section 1350 as
adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that, to my
knowledge:

     1.   The periodic report on Form N-CSR of the Registrant for the period
          ended 5/31/2008 (the "Form N-CSR") fully complies with the
          requirements of Section 13(a) or 15(d) of the Securities Exchange Act
          of 1934; and

     2.   The information contained in the Form N-CSR fairly presents, in all
          material respects, the financial condition and results of operations
          of the Registrant.

Dated: 7/25/2008


                            /S/LAURA F. FERGERSON
                            Laura F. Fergerson
                            Chief Financial Officer and Chief Accounting Officer