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VALUE LINE, INC.
220 East 42nd Street
New York, New York 10017-5891
Phone: (212) 907-1500 / Fax: (212) 818-9747
July 1, 1996
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Value Line New York Tax Exempt Trust
File #33-12400; 811-5052
Rule 497(j)
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Dear Sir/Madam:
On behalf of the Registrant, the undersigned certifies that
the form of Prospectus and Statement of Additional Information
that would have been filed under Section 497(c) would not have
differed from those contained in the text of the Registrant's
most recent post-effective amendment to its registration
statement that was filed electronically via Edgar with the
Securities and Exchange Commission.
Very truly yours,
/s/ Peter D. Lowenstein
Peter D. Lowenstein
Legal Counsel
PDL:psp
