Exhibit (b)


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

I, Jimmy D. Gambill,  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   11/30/05  (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: January 23, 2006

                            /S/JIMMY D. GAMBILL

                            Jimmy D. Gambill
                            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, Galen G. Vetter,  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   11/30/05  (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: January 23, 2006

                                    /S/GALEN G. VETTER

                                    Galen G. Vetter
                                    Chief Financial Officer