Form N-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q


QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number         811-6624         

        Nuveen New York Select Tax-Free Income Portfolio         
(Exact name of registrant as specified in charter)

Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         

(Address of principal executive offices) (Zip code)


Kevin J. McCarthy Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         

(Name and address of agent for service)

Registrant's telephone number, including area code:         312-917-7700        

Date of fiscal year end:            03/31          

Date of reporting period:         12/31/07         

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

    Portfolio of Investments (Unaudited)             
    Nuveen New York Select Tax-Free Income Portfolio (NXN)             
    December 31, 2007             
Principal        Optional Call         
Amount (000)    Description (1)    Provisions (2)    Ratings (3)    Value 

    Consumer Discretionary – 0.2%             
$             100    New York City Industrial Development Agency, New York, Liberty Revenue Bonds,    9/15 at 100.00    Baa3   $   90,550 
     IAC/InterActiveCorp, Series 2005, 5.000%, 9/01/35             

    Consumer Staples – 1.8%             
    TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006:             
460     4.750%, 6/01/22    6/16 at 100.00    BBB    448,495 
540     5.000%, 6/01/26    6/16 at 100.00    BBB    522,369 

1,000    Total Consumer Staples            970,864 

    Education and Civic Organizations – 10.2%             
100    Albany Industrial Development Agency, New York, Revenue Bonds, Albany Law School, Series    7/17 at 100.00    BBB    93,387 
     2007A, 5.000%, 7/01/31             
50    Albany Industrial Development Agency, New York, Revenue Bonds, Brighter Choice Charter    4/17 at 100.00    N/R    43,855 
     Schools, Series 2007A, 5.000%, 4/01/37             
1,700    Amherst Industrial Development Agency, New York, Revenue Bonds, UBF Faculty/Student Housing    8/12 at 101.00    AAA    1,775,174 
     Corporation, University of Buffalo Creekside Project, Series 2002A, 5.000%, 8/01/22 –             
     AMBAC Insured             
30    Cattaraugus County Industrial Development Agency, New York, Revenue Bonds, St. Bonaventure    5/16 at 100.00    BBB–    29,107 
     University, Series 2006, 5.000%, 5/01/23             
430    Dormitory Authority of the State of New York, General Revenue Bonds, Manhattan College, Series    7/17 at 100.00    AA    410,525 
     2007A, 5.000%, 7/01/41 – RAAI Insured             
785    Dormitory Authority of the State of New York, Insured Revenue Bonds, Iona College, Series    7/12 at 100.00    AAA    809,696 
     2002, 5.000%, 7/01/22 – XLCA Insured             
315    Dormitory Authority of the State of New York, Second General Resolution Consolidated Revenue    No Opt. Call    AAA    333,021 
     Bonds, City University System, Series 1990C, 7.500%, 7/01/10 – FGIC Insured             
430    Dutchess County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Bard    8/17 at 100.00    A3    396,236 
     College Project, Series 2007-A2, 4.500%, 8/01/36             
100    Hempstead Town Industrial Development Agency, New York, Revenue Bonds, Adelphi University,    10/15 at 100.00    A–    98,516 
     Civic Facility Project, Series 2005, 5.000%, 10/01/35             
100    New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, St.    10/14 at 100.00    A–    97,969 
     Francis College, Series 2004, 5.000%, 10/01/34             
500    New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, YMCA of    2/11 at 100.00    A–    511,605 
     Greater New York, Series 2002, 5.250%, 8/01/21             
185    New York City Industrial Development Agency, New York, PILOT Revenue Bonds Yankee Stadium    9/16 at 100.00    AAA    196,723 
     Project, Residual Series 07-1032, 6.970%, 3/01/39 – FGIC Insured (IF)             
430    New York City Industrial Development Agency, New York, PILOT Revenue Bonds, Queens Baseball    1/17 at 100.00    AAA    428,203 
     Stadium Project, Series 2006, 4.750%, 1/01/42 – AMBAC Insured             
150    New York City Industrial Development Agency, New York, Revenue Bonds, Yankee Stadium Pilots,    9/16 at 100.00    AAA    161,910 
     Trust 2148, 7.652%, 3/01/36 – MBIA Insured (IF)             
200    Puerto Rico Industrial, Tourist, Educational, Medical and Environmental Control Facilities    2/09 at 101.00    BBB–    201,740 
     Financing Authority, Higher Education Revenue Bonds, Ana G. Mendez University System, Series             
     1999, 5.375%, 2/01/19             
65    Seneca County Industrial Development Authority, New York, Revenue Bonds, New York Chiropractic    10/17 at 100.00    BBB    62,226 
     College, Series 2007, 5.000%, 10/01/27             

5,570    Total Education and Civic Organizations            5,649,893 

    Financials – 0.9%             
435    Liberty Development Corporation, New York, Goldman Sachs Headquarters Revenue Bonds Series    No Opt. Call    AA–    481,088 
     2007, 5.500%, 10/01/37             

    Health Care – 14.0%             
450    Dormitory Authority of the State of New York, FHA-Insured Mortgage Revenue Bonds, Montefiore    2/15 at 100.00    AAA    463,365 
     Hospital, Series 2004, 5.000%, 8/01/29 – FGIC Insured             
    Dormitory Authority of the State of New York, Revenue Bonds, Lenox Hill Hospital Obligated             
    Group, Series 2001:             
110     5.375%, 7/01/20    7/11 at 101.00    Ba2    110,480 
100     5.500%, 7/01/30    7/11 at 101.00    Ba2    97,941 
950    Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan Kettering Cancer    7/16 at 100.00    AA    979,517 
     Center, Series 2006-1, 5.000%, 7/01/35             
670    Dormitory Authority of the State of New York, Revenue Bonds, Memorial Sloan-Kettering Cancer    7/13 at 100.00    AAA    710,079 
     Center, Series 2003-1, 5.000%, 7/01/21 – MBIA Insured             
405    Dormitory Authority of the State of New York, Revenue Bonds, New York and Presbyterian    8/14 at 100.00    AAA    442,625 
     Hospital, Series 2004A, 5.250%, 8/15/15 – FSA Insured             
1,680    Dormitory Authority of the State of New York, Revenue Bonds, Winthrop South Nassau University    7/11 at 101.00    AAA    1,793,232 
     Health System Obligated Group, Series 2001A, 5.250%, 7/01/17 – AMBAC Insured             
1,195    Dormitory Authority of the State of New York, Revenue Bonds, Winthrop South Nassau University    7/11 at 101.00    AAA    1,275,543 
     Health System Obligated Group, Series 2001B, 5.250%, 7/01/17 – AMBAC Insured             
500    Dormitory Authority of the State of New York, Revenue Bonds, Winthrop-South Nassau University    7/13 at 100.00    Baa1    501,290 
     Hospital Association, Series 2003A, 5.500%, 7/01/32             
    Madison County Industrial Development Agency, New York, Civic Facility Revenue Bonds, Oneida             
    Health System, Series 2007A:             
100     5.250%, 2/01/27    No Opt. Call    BBB–    95,867 
90     5.500%, 2/01/32    No Opt. Call    BBB–    87,025 
750    New York City Health and Hospitals Corporation, New York, Health System Revenue Bonds, Series    2/13 at 100.00    AAA    796,928 
     2003A, 5.250%, 2/15/21 – AMBAC Insured             
250    New York City Industrial Development Agency, New York, Civic Facility Revenue Bonds, Staten    7/12 at 101.00    B2    251,578 
     Island University Hospital, Series 2002C, 6.450%, 7/01/32             
160    New York State Dormitory Authority, Revenue Bonds, North Shore Jewish Obligated Group, Series    5/17 at 100.00    A3    156,898 
     2007A, 5.000%, 5/01/32             

7,410    Total Health Care            7,762,368 

    Housing/Multifamily – 3.1%             
1,000    New Hartford-Sunset Woods Funding Corporation, New York, FHA-Insured Mortgage Revenue Bonds,    8/12 at 101.00    AAA    1,051,020 
     Sunset Woods Apartments II Project, Series 2002, 5.350%, 2/01/20             
250    New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,    5/14 at 100.00    AA    257,785 
     Series 2004A, 5.250%, 11/01/30             
160    New York City Housing Development Corporation, New York, Multifamily Housing Revenue Bonds,    11/15 at 100.00    AA    158,890 
     Series 2005F-1, 4.750%, 11/01/35             
275    New York State Housing Finance Agency, Affordable Housing Revenue, Series 2007A, 5.250%,    11/17 at 100.00    Aa2    268,615 
     11/01/38 (Alternative Minimum Tax)             

1,685    Total Housing/Multifamily            1,736,310 

    Housing/Single Family – 8.2%             
2,000    New York State Mortgage Agency, Homeowner Mortgage Revenue Bonds, Series 101, 5.000%,    10/11 at 100.00    Aa1    2,028,160 
     10/01/18 (Alternative Minimum Tax)             
2,500    New York State Mortgage Agency, Mortgage Revenue Bonds, Thirty-First Series A, 5.300%,    4/11 at 100.00    Aaa    2,506,074 
     10/01/31 (Alternative Minimum Tax)             

4,500    Total Housing/Single Family            4,534,234 

    Long-Term Care – 11.5%             
2,000    Dormitory Authority of the State of New York, FHA-Insured Nursing Home Mortgage Revenue Bonds,    8/11 at 101.00    AAA    2,070,419 
     Norwegian Christian Home and Health Center, Series 2001, 5.200%, 8/01/36 – MBIA Insured             
100    Dormitory Authority of the State of New York, Non-State Supported Debt, Ozanam Hall of Queens    11/16 at 100.00    Aa3    101,398 
     Nursing Home Revenue Bonds, Series 2006, 5.000%, 11/01/31             
50    Dormitory Authority of the State of New York, Revenue Bonds, Providence Rest, Series 2005,    7/15 at 100.00    CCC    41,927 
     5.000%, 7/01/35 – ACA Insured             
2,000    East Rochester Housing Authority, New York, FHA-Insured Mortgage Revenue Refunding Bonds,    8/12 at 101.00    AAA    2,082,959 
     Jewish Home of Rochester, Series 2002, 4.625%, 2/15/17             
1,000    East Rochester Housing Authority, New York, Revenue Bonds, GNMA/FHA-Secured Revenue Bonds,    12/12 at 103.00    AAA    1,057,700 
     St. Mary’s Residence Project, Series 2002A, 5.375%, 12/20/22             
980    New York City Industrial Development Agency, New York, GNMA Collateralized Mortgage Revenue    11/12 at 101.00    AA+    979,951 
     Bonds, Eger Harbor House Inc., Series 2002A, 4.950%, 11/20/32             

6,130    Total Long-Term Care            6,334,354 

    Materials – 0.1%             
90    Jefferson County Industrial Development Agency, New York, Solid Waste Disposal Revenue Bonds,    12/13 at 100.00    BBB    87,224 
     International Paper Company Project, Series 2003A, 5.200%, 12/01/20 (Alternative Minimum Tax)             

    Tax Obligation/General – 8.3%             
    Clarkstown, Rickland County, New York, Various Purposes Serial Bonds, Series 1992:             
505     5.600%, 6/15/10 – AMBAC Insured    No Opt. Call    AAA    534,598 
525     5.600%, 6/15/11 – AMBAC Insured    No Opt. Call    AAA    566,580 
525     5.600%, 6/15/12 – AMBAC Insured    No Opt. Call    AAA    579,154 
15    Hudson Yards Infrastructure Corporation, New York, Revenue Bonds, Series 2006A,    2/17 at 100.00    AAA    14,295 
     4.500%, 2/15/47 – MBIA Insured (UB)             
300    New York City, New York, General Obligation Bonds, Fiscal Series 2004C, 5.250%, 8/15/16    8/14 at 100.00    AA    327,888 
200    New York City, New York, General Obligation Bonds, Fiscal Series 2005J, 5.000%, 3/01/19 –    3/15 at 100.00    AAA    214,030 
     FGIC Insured             
1,000    New York City, New York, General Obligation Bonds, Fiscal Series 2006J-1, 5.000%, 6/01/25    6/16 at 100.00    AA    1,032,200 
1,260    New York City, New York, General Obligation Bonds, Series D, 5.125%, 12/01/25    12/17 at 100.00    AA    1,318,792 

4,330    Total Tax Obligation/General            4,587,537 

    Tax Obligation/Limited – 16.4%             
600    Battery Park City Authority, New York, Senior Revenue Bonds, Series 2003A, 5.000%, 11/01/23    11/13 at 100.00    AAA    630,144 
300    Dormitory Authority of the State of New York, Revenue Bonds, Mental Health Services Facilities    No Opt. Call    AAA    325,383 
     Improvements, Series 2005D1, 5.000%, 2/15/15 – FGIC Insured             
500    Erie County Industrial Development Agency, New York, School Facility Revenue Bonds, Buffalo    5/14 at 100.00    AAA    554,690 
     City School District, Series 2004, 5.750%, 5/01/26 – FSA Insured             
500    Metropolitan Transportation Authority, New York, State Service Contract Refunding Bonds,    7/12 at 100.00    AAA    539,250 
     Series 2002A, 5.500%, 1/01/20 – MBIA Insured             
95    Nassau County Interim Finance Authority, New York, Sales Tax Secured Revenue Bonds, Series    5/08 at 100.00    AAA    95,130 
     2001A-2, 5.125%, 11/15/21 – AMBAC Insured             
    New York City Sales Tax Asset Receivable Corporation, New York, Dedicated Revenue Bonds, Local             
    Government Assistance Corporation, Series 2004A:             
250     5.000%, 10/15/25 – MBIA Insured    10/14 at 100.00    AAA    262,520 
200     5.000%, 10/15/26 – MBIA Insured    10/14 at 100.00    AAA    209,534 
1,225     5.000%, 10/15/29 – AMBAC Insured    10/14 at 100.00    AAA    1,276,781 
600    New York City Transitional Finance Authority, New York, Building Aid Revenue Bonds, Fiscal    1/17 at 100.00    AAA    626,826 
     Series 2007S-2, 5.000%, 1/15/28 – FGIC Insured             
670    New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal    2/13 at 100.00    AAA    702,502 
     Series 2003E, 5.000%, 2/01/23             
550    New York City Transitional Finance Authority, New York, Future Tax Secured Bonds, Fiscal    11/17 at 100.00    AAA    581,708 
     Series 2007C-1, 5.000%, 11/01/27             
570    New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second Generation    No Opt. Call    AAA    654,810 
     Series 2005B, 5.500%, 4/01/20 – AMBAC Insured (UB)             
250    New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Second Generation, Series    4/14 at 100.00    AAA    264,953 
     2004, 5.000%, 4/01/21 – MBIA Insured             
425    New York State Thruway Authority, Highway and Bridge Trust Fund Bonds, Series 2007,    10/17 at 100.00    AA    446,905 
     5.000%, 4/01/27             
    New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and             
    State Contingency Contract-Backed Bonds, Series 2003A-1:             
1,000     5.250%, 6/01/20 – AMBAC Insured    6/13 at 100.00    AAA    1,065,060 
250     5.250%, 6/01/21 – AMBAC Insured    6/13 at 100.00    AAA    265,888 
500    New York State Tobacco Settlement Financing Corporation, Tobacco Settlement Asset-Backed and    6/13 at 100.00    AA–    535,055 
     State Contingency Contract-Backed Bonds, Series 2003B-1C, 5.500%, 6/01/21             
30    Triborough Bridge and Tunnel Authority, New York, Convention Center Bonds, Series 1990E,    No Opt. Call    AA–    31,113 
     7.250%, 1/01/10             

8,515    Total Tax Obligation/Limited            9,068,252 

    Transportation – 2.1%             
180    Albany Parking Authority, New York, Revenue Bonds, Series 2001A, 5.625%, 7/15/25    7/11 at 101.00    BBB+    186,395 
500    Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Series 2003A,    No Opt. Call    AAA    546,805 
     5.000%, 11/15/15 – FGIC Insured             
50    New York State Thruway Authority, General Revenue Bonds, Series 2005F, 5.000%, 1/01/30 –    1/15 at 100.00    AAA    51,837 
     AMBAC Insured             
100    New York State Thruway Authority, General Revenue Bonds, Series 2005G, 5.000%, 1/01/30 –    7/15 at 100.00    AAA    104,349 
     FSA Insured             
105    Port Authority of New York and New Jersey, Consolidated Revenue Bonds, One Hundred Fortieth    6/15 at 101.00    AAA    109,195 
     Series 2005, 5.000%, 12/01/31 – XLCA Insured             
160    Port Authority of New York and New Jersey, One Hundred and Forty Eighth Consolidated Revenue    8/17 at 100.00    AAA    183,640 
     Bonds, RITES Trust 1516, 7.411%, 8/15/32 – FSA Insured (IF)             

1,095    Total Transportation            1,182,221 

    U.S. Guaranteed – 6.2% (4)             
220    Albany Parking Authority, New York, Revenue Bonds, Series 2001A, 5.625%, 7/15/25    7/11 at 101.00    N/R (4)    240,647 
     (Pre-refunded 7/15/11)             
1,165    Dormitory Authority of the State of New York, Judicial Facilities Lease Revenue Bonds, Suffolk    No Opt. Call    AAA    1,379,698 
     County Issue, Series 1986, 7.375%, 7/01/16 (ETM)             
250    Dormitory Authority of the State of New York, Revenue Bonds, North Shore Long Island Jewish    5/13 at 100.00    Aaa    275,655 
     Group, Series 2003, 5.375%, 5/01/23 (Pre-refunded 5/01/13)             
415    Suffolk County Water Authority, New York, Water Revenue Bonds, Series 1986V, 6.750%,    No Opt. Call    AAA    449,275 
     6/01/12 (ETM)             
1,005    TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2002-1, 5.500%, 7/15/24    7/12 at 100.00    AAA    1,082,455 
     (Pre-refunded 7/15/12)             

3,055    Total U.S. Guaranteed            3,427,730 

    Utilities – 3.9%             
    Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006A:             
570     5.000%, 12/01/23 – FGIC Insured    6/16 at 100.00    AAA    603,482 
430     5.000%, 12/01/25 – FGIC Insured    6/16 at 100.00    AAA    452,450 
250    Long Island Power Authority, New York, Electric System General Revenue Bonds, Series 2006B,    6/16 at 100.00    AAA    258,935 
     5.000%, 12/01/35 – CIFG Insured             
500    New York State Energy Research and Development Authority, Pollution Control Revenue Bonds,    3/08 at 101.50    AAA    507,970 
     New York State Electric and Gas Corporation, Series 2005A, 4.100%, 3/15/15 – MBIA Insured             
250    Niagara County Industrial Development Agency, New York, Solid Waste Disposal Facility Revenue    11/11 at 101.00    Baa2    251,735 
     Bonds, American Ref-Fuel Company of Niagara LP, Series 2001A, 5.450%, 11/15/26 (Mandatory             
     put 11/15/12) (Alternative Minimum Tax)             
60    Westchester County Industrial Development Agency, Westchester County, New York, Resource    7/08 at 100.00    BBB    60,419 
     Recovery Revenue Bonds, RESCO Company, Series 1996, 5.500%, 7/01/09 (Alternative Minimum Tax)             

2,060    Total Utilities            2,134,991 

    Water and Sewer – 12.3%             
2,500    New York City Municipal Water Finance Authority, New York, Water and Sewerage System Revenue    6/11 at 101.00    AA+    2,598,172 
     Bonds, Fiscal Series 2001C, 5.125%, 6/15/33             
    New York State Environmental Facilities Corporation, State Clean Water and Drinking Water             
    Revolving Funds Revenue Bonds, New York City Municipal Water Finance Authority Loan,             
    Series 2002B:             
2,000     5.250%, 6/15/19    6/12 at 100.00    AAA    2,139,359 
2,000     5.000%, 6/15/27    6/12 at 100.00    AAA    2,058,220 

6,500    Total Water and Sewer            6,795,751 

$        52,475    Total Investments (cost $53,205,449) – 99.2%            54,843,367 


    Floating Rate Obligations – (0.8)%            (437,500) 

    Other Assets Less Liabilities – 1.6%            869,500 

    Net Assets – 100%           $   55,275,367 



Forward Swaps outstanding at December 31, 2007:                         
        Fund            Fixed Rate            Unrealized 
    Notional    Pay/Receive    Floating Rate    Fixed Rate    Payment    Effective    Termination    Appreciation 
Counterparty    Amount    Floating Rate    Index    (Annualized)    Frequency    Date (5)    Date    (Depreciation) 

Royal Bank of Canada    $500,000    Pay    SIFM             4.335%    Quarterly    8/06/08    8/06/37    $35,009 

SIFM – The daily arithmetic average of the weekly SIFM (Securities Industry and Financial Markets) Municipal Swap Index.             

(1)    All percentages shown in the Portfolio of Investments are based on net assets applicable to Common 
    Shares unless otherwise noted. 
(2)    Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. 
    There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities 
    may be subject to periodic principal paydowns. 
(3)    Ratings: Using the higher of Standard & Poor’s Group (“Standard & Poor’s”) or Moody’s Investor Service, 
    Inc. (“Moody’s”) rating. Ratings below BBB by Standard & Poor’s or Baa by Moody’s are considered to be 
    below investment grade. 
    The AAA ratings shown in the Portfolio of Investments reflect the AAA ratings on certain bonds insured 
    by AMBAC, FGIC, XCLA or MBIA and/or the A ratings on certain bonds insured by ACA as of December 31, 
    2007. During December 2007, at least one rating agency reduced the rating for ACA bonds to CCC. 
    Subsequent to December 31, 2007, at least one rating agency reduced the rating for AMBAC-insured bonds 
    to AA, the rating for XCLA-insured bonds to A and the rating for FGIC-insured bonds to A3. One or more 
    rating agencies have placed each of these insurers on “negative credit watch”, which may presage one or 
    more rating reductions for such insurer or insurers in the future. If one or more insurers’ ratings are reduced 
    below AAA (or A in the case of ACA) by these rating agencies, it would likely reduce the effective rating of 
    many of the bonds insured by that insurer or insurers. 
(4)    Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities 
    which ensure the timely payment of principal and interest. Such investments are normally considered to 
    be equivalent to AAA rated securities. 
(5)    Effective date represents the date on which both the Fund and counterparty commence interest payment 
    accruals on each forward swap contract. 
N/R    Not rated. 
(ETM)    Escrowed to maturity. 
(IF)    Inverse floating rate investment. 
(UB)    Underlying bond of an inverse floating rate trust reflected as a financing transaction pursuant to the 
    provisions of SFAS No. 140. 

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to the treatment of paydown gains and losses, timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate transactions subject to SFAS No.140. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.

At December 31, 2007, the cost of investments was $52,761,725.

Gross unrealized appreciation and gross unrealized depreciation of investments at December 31, 2007, were as follows:


Gross unrealized:     
  Appreciation    $1,814,102 
  Depreciation    (169,957) 

Net unrealized appreciation (depreciation) of investments    $1,644,145 



Item 2. Controls and Procedures.

  1. The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
  2. There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: EX-99 CERT Attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)         Nuveen New York Select Tax-Free Income Portfolio         

By (Signature and Title)*          /s/ Kevin J. McCarthy                    
                                                    Kevin J. McCarthy
                                                    Vice President and Secretary

Date         February 29, 2008        

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)*         /s/ Gifford R. Zimmerman                    
                                                   Gifford R. Zimmerman
                                                   Chief Administrative Officer (principal executive officer) 

Date         February 29, 2008        

By (Signature and Title)*         /s/ Stephen D. Foy                              
                                                   Stephen D. Foy
                                                   Vice President and Controller (principal financial officer) 

Date        February 29, 2008        

* Print the name and title of each signing officer under his or her signature.