Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  Karpus Management, Inc.
2. Date of Event Requiring Statement (Month/Day/Year)
02/28/2007
3. Issuer Name and Ticker or Trading Symbol
PUTNAM NEW YORK INVESTMENT GRADE MUNICIPAL TRUST [PMN]
(Last)
(First)
(Middle)
183 SULLY'S TRAIL
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) __X__ Other (specify below)
See Table 1,Item 2,Footnote 1
5. If Amendment, Date Original Filed(Month/Day/Year)
03/02/2007
(Street)

PITTSFORD, NY 14534
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Putnam New York Investment Grade Municipal Trust 2,350 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Karpus Management, Inc.
183 SULLY'S TRAIL
PITTSFORD, NY 14534
      See Table 1,Item 2,Footnote 1

Signatures

Cody B. Bartlett Jr. 03/08/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The original Form 3 was filed in error. Karpus Management, Inc., d/b/a Karpus Investment Management ("KIM") is an investment adviser registered under Section 203 of the Investment Advisers Act of 1940. All of the PMN common shares reported in KIM's initial Form 3 (except for 2,350 shares owned directly by KIM) are owned by KIM's clients in separate accounts which are managed by KIM in the ordinary course of KIM's business. None of such shares were acquired or are being held with the purpose or effect of changing or influencing control of the issuer or engaging in any arrangement subject to SEC Rule 13d-3(b). At no time has KIM been a "beneficial owner"-as the term "beneficial owner" is defined in SEC Rule 16a-1(a)(1)(v) and SEC Rule 16a-1(a)(2)-of an amount of PMN common shares which equals or exceeds 10% of the outstanding shares of PMN. KIM is not a "ten percent holder" subject to the reporting requirements of Section 16(a) of the Securities Exchange Act of 1934.

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