Alliance New York Municipal Income Fund Releases Monthly Portfolio Update

New York Giants: A Team Apart

Richard Parrinello, of Brookhaven, New York, kept the snakes in his detached garage, all neatly stacked in containers and at the right temperature, according to Roy Gross, chief of the Suffolk County SPCA. Burmese pythons are illegal in New York, and Parrinello’s were taken from the house to a reptile sanctuary in Massachusetts while the rest of the snakes are still in his garage, according to Jack Krieger, communications director for the Town of Brookhaven on Long Island. Gross said all the snakes appeared to be in good health and there was no animal abuse or neglect. “It was a well-maintained facility, it was very clean and organized, it was a business,” Krieger said. By the numbers: Pets Parrinello kept an online website, “Snakeman’s Exotics,” which advertised a collection of pythons, boa constrictors and hognose snakes available for sale both domestically and internationally. After weeks of investigation into alleged workers compensation fraud, the town of Brookhaven, the U.S. Fish and Wildlife Service, the New York State Department of Environmental Conservation, Suffolk County Police and the SPCA executed a search warrant in Parrinello’s home, where he lives with his wife and 10-year-old son, according to a news release from Brookhaven. Undercover investigators spoke to Parrinello, who claimed to have $500,000 in inventory stored on the premises, including snakes, turtles and turtle eggs, the news release said. Authorities also say they found a few tarantulas and a couple of freezers with frozen mice and alligator carcasses. Krieger said Parrinello wasn’t arrested or charged with any criminal activity, but he was running a business out of his residence in a residential area, which is a violation of the town code. Town Law Department officials are still investigating and will likely issue numerous violations in the coming days. When reached by telephone, Parrinello declined to comment. “What makes this case especially egregious is that this individual was allegedly operating this reptile business out of his home, posing an unknown threat to the neighbors of this community,” said Brookhaven Supervisor Ed Romaine. Peter Constantakes, spokesman for the DEC, said Parrinello was interviewed and issued two summonses for possessing wild animals without a permit and for possessing alligator parts without a permit, each one carrying a maximum fine of $250. The U.S.

New York Knicks Sign Center Cole Aldrich to Contract for 2013-14 Season

And given his aging body and injury-riddled history, it was a risky proposition. According to , NBA .com’s official Knicks affiliate, Cole Aldrich will now be calling Madison Square Garden home. While the terms of the deal have yet to be made public, the news does come directly from Executive Vice President and general manager Glen Grunwald, so it’s pretty darn official. #Knicks announce signing of Cole Aldrich. Was working out for the team last week and Monday. Question is knees; always has been since draft. Jared Zwerling (@JaredZwerling) September 24, 2013 Cole Aldrich is interesting name as former lottery pick but it’s non-guaranteed deal. Just like Ike and Powell. Marc Berman (@NYPost_Berman) September 24, 2013 Aldrich, while still a big body, hasn’t experienced the same type of success in the NBA that he had while suiting up for Kansas. USA TODAY Sports During his three years in the Association, the big man has played for the Oklahoma City Thunder (who originally selected him at No. 11 in the 2010 NBA draft), Houston Rockets and Sacramento Kings . He currently sits on career averages of 2.0 points, 2.3 rebounds, 0.2 assists, 0.2 steals and 0.5 blocks per game. Those numbers definitely won’t blow anyone away, but Aldrich fills the exact need that New York possessed. How would you grade this signing? A Submit Vote vote to see results How would you grade this signing? A 9.5% Total votes: 440 He can capably play limited minutes without getting in the way offensively, and he’s a solid enough post defender that Mike Woodson won’t hesitate to use him sparingly when Chandler needs a quick breather. The Knicks need to keep their starting big man healthy and having a big body to use off the benchnot a makeshift center who should actually be playing power forwardis quite beneficial. NBC Sports’ Kurt Helin had Aldrich ranked as the 10th-best remaining free agent in early September: He could barely get off the bench with the Thunder, then last season bounced between the Rockets and Kings without making many waves. Still, he has legit center size and is just 25, so he could get an end of the bench deal.

24, 2013 /PRNewswire via COMTEX/ — Alliance New York Municipal Income Fund, Inc. /quotes/zigman/298453/quotes/nls/ayn AYN +0.82% (the “Fund”) today released its monthly portfolio update as of August 31, 2013. Alliance New York Municipal Income Fund, Inc. Top 10 Fixed-Income Holdings Portfolio % 1) New York St Dormitory Auth NPFGC Series 04 4.77% 5.75%, 8/01/14 (Prerefunded/ETM) 2) Port Authority of NY & NJ 5.00%, 10/01/27 4.74% 3) Erie Cnty NY Fiscal Stability Auth (Erie Cnty 3.96% Ny Sales Tax) Series 2011C 5.00%, 12/01/25 4) New York St Thruway Auth (New York St Thruway 3.94% Auth Ded Tax) Series 2011A 5.00%, 4/01/25 5) Tobacco Settlement Fin Corp. NY (New York St 3.64% Lease Tobacco Asset Sec) AMBAC Series 03A-1 5.25%, 6/01/21 6) Puerto Rico Sales Tax Fin Corp. Series 2009A 3.44% 5.50%, 8/01/28 7) New York St Envrn Fac Corp. 5.00%, 3.06% 8/15/24 8) New York NY Trnsl Fin Auth Series 2012A-1 3.00% 5.00%, 5/01/27 9) New York St Dormitory Auth (New York St Pers 2.95% Income Tax) 5.00%, 3/15/26 10) New York St Thruway Auth (New York St Pers 2.93% Income Tax) Series 2011A 5.00%, 3/15/26 Sector/Industry Breakdown Portfolio % Tax Supported Special Tax 32.41% Local G.O. 9.25% Tax-Supported State Lease 5.58% State G.O. 1.54% Assessment District 0.41% SUBTOTAL 49.19% Revenue Water & Sewer 10.75% Toll Roads/Transit 7.68% Health Care – Not-for-Profit 5.54% Airport 4.74% Higher Education – Private 3.52% Senior Living 3.11% Electric Utility 1.99% Revenue – Miscellaneous 1.23% Industrial Development – Industry 0.40% Industrial Development – Utility 0.20% SUBTOTAL 39.16% Prerefunded/ETM 5.17% Cash Equivalents Investment Companies 4.57% SUBTOTAL 4.57% Asset-Backed Housing – Multi-Family 1.91% SUBTOTAL 1.91% Total 100.00% State Breakdown Portfolio % New York 89.43% Puerto Rico 4.84% Colorado 0.41% Illinois 0.37% Ohio 0.20% California 0.18% Other 4.57% Total Investments 100.00% Credit Quality Breakdown Portfolio % AAA 22.52% AA 47.72% A 14.15% BBB 4.28% BB 0.40% Not Rated 1.19% Pre-refunded Bonds 5.17% Short Term Investments 4.57% Total Investments 100.00% Bonds By Maturity Portfolio % Less than 1 year 9.34% 1 to 5 years 0.36% 5 to 10 years 11.15% 10 to 20 years 73.34% 20 to 30 years 5.81% More than 30 years 0.00% Other 0.00% Total Investments 100.00% Portfolio Statistics: AMT Percentage: 9.55% Average Coupon: 5.31% Percentage of Leverage: Bank Borrowing: 0.00% Investment Operations: 0.00% Preferred Stock: 39.33% Tender Option Bonds: 4.05% Term Asset-Backed Loans Facility (TALF): 0.00% Total Fund Leverage: 43.38%* Average Effective Maturity: 7.80 Years Effective Duration: 6.38 Years Total Net Assets: $103.74 Million** Common Stock Net Asset Value: $13.01 Number of Holdings: 68 Portfolio Turnover: 44% * The total percentage of leverage constitutes 4.05% through the use of tender option bonds, 39.33% in issued and outstanding preferred stock and 0.00% in investment operations, which may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities. ** Includes 40,800,000 of preferred stock at liquidation value. The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P. SOURCE Alliance New York Municipal Income Fund, Inc.

To be honest, in respect to every diehard fan who has sympathetically reached deep inside over the past few weeks: No. This team stinks and it’s time to think about alternative options. Now, sure, the Giants have a chance to turn things around and win a few games here and there, but they aren’t making the playoffs to save their lives. Only a handful of teams have ever made the Big Dance after starting a season 0-3. They honestly have a better chance of overtaking the city of Miami and signing LeBron James this offseason. So what is to be done about this squad of uninterested veterans running around the field looking for clues? Simple: it’s time to disbar Coughlin, completely reshape both fronts and teach David Wilson how to not carry the football like he’s sprinting into battle with a live grenade. Now I know it may come off as a little harsh to let old Tommy Boy go, but at some point you need a fresh face managing the things that are, well, not being managed. The run game looks like a wild pack of housewives sprinting into the supermarket for the last Thanksgiving Day ham. It has been downright chaotic. Tim Heitman-USA TODAY Sports The passing attack has been there when Eli gets protection, but even our beloved two-time Super Bowl MVP has discovered yet another way to turn the ball over like he was playing hot potato. Justin Tuck can’t sack a six-inch cold cut combo, Jason Pierre-Paul has the stamina of John Goodman and the secondary continues to jump head first off the first cliff they see. This team, for the lack of a better word, is bad. They don’t seem to have the drive that fueled all those prolific playoff victories in the past. They seem disinterested about anything football related and it’s really starting to rub off on the fans. We deserve better than this. We deserve a coach that can instill determination into his players and players who can get behind their coach. We don’t need this circus. New York is a strange enough place already that scratching your head week in and week out is going to leave plenty of disgusted viewers concussed. Wesley Hitt/Getty Images So for the fans that support these words and accept this 0-3 start as a metropolitan apocalypse, understand this: Finding a quick fix isn’t going to be difficult. The Giants aren’t going to finish the season winless. But you have to realize one thing: The reign of overcoming adversity and challenging the league’s best under Coach Coughlin is over.