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UNITEDSTATES
SECURITIESANDEXCHANGECOMMISSION
Washington,D.C.20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-10503

Name of Fund: BlackRock New York Municipal 2018 Term Trust (BLH)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock New
York Municipal 2018 Term Trust, 800 Scudders Mill Road, Plainsboro, NJ, 08536. Mailing
address: P.O. Box 9011, Princeton, NJ, 08543-9011

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 12/31/2009

Date of reporting period: 03/31/2009

Item 1 – Schedule of Investments

BlackRock New York Municipal 2018 Term Trust       
Schedule of Investments March 31, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
      Par   
  Municipal Bonds    (000)  Value 
New York - 137.7%         
Corporate - 9.1%  Jefferson County, New York, IDA, Solid Waste Disposal, Revenue     
  Refunding Bonds (International Paper Company), AMT, Series A,     
  5.20%, 12/01/20    $ 2,450  $ 1,612,149 
  New York City, New York, City IDA, Special Facility Revenue     
  Bonds (American Airlines, Inc. - JFK International Airport), AMT,     
  7.50%, 8/01/16    1,000  788,000 
  Port Authority of New York and New Jersey, Special Obligation     
  Revenue Bonds (Continental Airlines, Inc. - LaGuardia Project), AMT,     
  9.125%, 12/01/15    2,340  2,341,661 
        4,741,810 
County/City/Special  New York City, New York, City Transitional Finance Authority, Building     
District/School  Aid Revenue Refunding Bonds, Series S-1, 5%, 1/15/23  1,400  1,396,990 
District - 38.2%  New York City, New York, City Transitional Finance Authority, Future     
  Tax Secured Revenue Bonds, Series C, 5%, 5/01/09 (a)  1,895  1,921,284 
  New York City, New York, City Transitional Finance Authority,     
  Future Tax Secured, Revenue Refunding Bonds, Series B, 5%,     
  5/01/18    3,000  3,167,340 
  New York City, New York, GO, Refunding, Series G, 5.75%,     
  8/01/12 (a)    1,890  2,170,136 
  New York City, New York, GO, Refunding, Series G, 5.75%, 8/01/18  3,110  3,398,670 
  New York City, New York, GO, Series B, 5.375%, 12/01/11 (a)  3,475  3,839,701 
  New York City, New York, GO, Series B, 5.375%, 12/01/20  525  534,235 
  New York City, New York, GO, Series M, 5%, 4/01/23  1,430  1,436,106 
  New York State Dormitory Authority, City University System     
  Revenue Bonds, Consolidated 4th Generation, Series A, 5.125%,     
  7/01/11 (a)    1,800  1,967,724 
        19,832,186 
Education - 24.0%  Albany, New York, IDA, Civic Facility Revenue Bonds (New     
  Covenant Charter School Project), Series A, 7%, 5/01/25  450  300,348 
  New York City, New York, IDA, Civic Facility Revenue Bonds     
  (YMCA of Greater New York Project), 5.25%, 8/01/21  4,000  4,024,680 
  New York Liberty Development Corporation Revenue Bonds (National     
  Sports Museum Project), Series A, 6.125%, 2/15/19 (b)(c)  525  525 
  New York State Dormitory Authority, Revenue Refunding Bonds     
  (Brooklyn Law School), Series A, 5.50%, 7/01/18 (d)    1,000  933,820 
  Niagara County, New York, IDA, Civic Facility Revenue Refunding     
  Bonds (Niagara University Project), Series A, 5.35%, 11/01/23 (d)  4,180  3,631,542 
  Westchester County, New York, IDA, Civic Facility Revenue Bonds     
  (Purchase College Foundation), Series A, 5.125%, 12/01/22 (e)  3,710  3,547,057 
        12,437,972 

Portfolio Abbreviations

To simplify the listings of portfolio holdings in the Schedule of Investments the names and descriptions of many of the
securities have been abbreviated according to the list below.

AMT  Alternative Minimum Tax (subject to)  GO  General Obligation Bonds 
CABS  Capital Appreciation Bonds  IDA  Industrial Development Authority 
    TFABS  Tobacco Flexible Amortization Bonds 

1

BlackRock New York Municipal 2018 Term Trust       
Schedule of Investments March 31, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
      Par   
  Municipal Bonds    (000)  Value 
Health - 16.5%  East Rochester, New York, Housing Authority, Revenue     
  Refunding Bonds (Genesee Valley Presbyterian Nursing Center     
  Project), 5.20%, 12/20/24 (f)(g)    $ 1,320  $ 1,292,980 
  Oneida, New York, Health Care Corporation, Revenue Refunding Bonds     
  (Residential Health Care Project), 5.30%, 2/01/21 (d)  4,130  3,715,348 
  Orange County, New York, IDA, Civic Facility Revenue Refunding     
  Bonds (Saint Lukes Hospital - Newburgh, New York Project),     
  Series A, 5.375%, 12/01/21 (d)    3,875  3,539,735 
        8,548,063 
Housing - 2.0%  New York State Dormitory Authority Revenue Bonds (Willow     
  Towers, Inc. Project), 5.25%, 2/01/22 (g)    1,000  1,031,410 
State - 14.1%  New York State Dormitory Authority Revenue Bonds (Mental     
  Health Services Facilities), Series B, 5.50%, 8/15/11 (a)(h)  1,030  1,139,922 
  New York State Dormitory Authority, State Supported Debt Revenue     
  Bonds (Mental Health Services Facilities), Series A, 5%, 2/15/18  120  120,205 
  New York State Dormitory Authority, State Supported Debt     
  Revenue Bonds (Mental Health Services Facilities), Series B,     
  5.50%, 8/15/11 (a)(h)    1,560  1,726,483 
  New York State Dormitory Authority, State Supported Debt     
  Revenue Bonds (Mental Health Services Facilities), Series B,     
  5.50%, 8/15/20 (h)    30  33,179 
  New York State Dormitory Authority, State Supported Debt,     
  Revenue Refunding Bonds (Upstate Community Colleges),     
  Series A, 5%, 7/01/09 (a)    1,170  1,195,295 
  New York State Dormitory Authority, State Supported Debt,     
  Revenue Refunding Bonds (Upstate Community Colleges),     
  Series A, 5%, 7/01/19    2,060  2,073,122 
  New York State Urban Development Corporation, Personal     
  Income Tax Revenue Bonds, Series A-1, 5%, 12/15/22  500  527,175 
  New York State Urban Development Corporation, Personal     
  Income Tax Revenue Bonds, Series A-1, 5%, 12/15/23  500  523,095 
        7,338,476 
Tobacco - 12.1%  Rockland Tobacco Asset Securitization Corporation, New York,     
  Tobacco Settlement Asset-Backed Revenue Bonds, 5.625%,     
  8/15/35    4,000  2,827,400 
  TSASC, Inc., New York, TFABS, Series 1, 5.75%, 7/15/12 (a)  3,000  3,427,350 
        6,254,750 
Transportation -  Metropolitan Transportation Authority, New York, Revenue     
17.2%  Refunding Bonds, Series A, 5.125%, 11/15/21 (h)(i)    5,000  5,021,800 
  Port Authority of New York and New Jersey, Consolidated     
  Revenue Bonds, AMT, 126th Series, 5%, 11/15/18 (h)(i)  3,885  3,916,702 
        8,938,502 
Utilities - 4.5%  Long Island Power Authority, New York, Electric System Revenue     
  Bonds, CABS, 5.477%, 6/01/18 (j)(k)    1,900  1,303,742 
 
 
 
 
2

BlackRock New York Municipal 2018 Term Trust       
Schedule of Investments March 31, 2009 (Unaudited)  (Percentages shown are based on Net Assets) 
      Par   
  Municipal Bonds    (000)  Value 
  Long Island Power Authority, New York, Electric System Revenue     
  Refunding Bonds, Series A, 5.25%, 4/01/21    $ 1,000  $ 1,017,120 
        2,320,862 
  Total Municipal Bonds in New York      71,444,031 
Multi-State - 7.8%         
Housing - 7.8%  Charter Mac Equity Issuer Trust, 6.625%, 6/30/49 (l)(m)  4,000  4,029,160 
  Total Municipal Bonds in Multi-State      4,029,160 
Puerto Rico - 11.1%         
State - 5.0%  Puerto Rico Public Finance Corporation, Commonwealth     
  Appropriation Revenue Bonds, Series E, 5.70%, 2/01/10 (a)  2,500  2,596,425 
Tobacco - 2.5%  Children's Trust Fund Project of Puerto Rico, Tobacco     
  Settlement Revenue Refunding Bonds, 5.625%, 5/15/43  2,000  1,330,020 
Utilities - 3.6%  Puerto Rico Electric Power Authority, Power Revenue Bonds,     
  Series WW, 5.50%, 7/01/21    2,000  1,858,160 
  Total Municipal Bonds in Puerto Rico      5,784,605 
  Total Long-Term Investments (Cost - $83,417,819) - 156.6%    81,257,796 
  Short-Term Securities    Shares   
  CMA New York Municipal Money Fund, 0.22% (n)(o)    1,087,023  1,087,023 
  Total Short -Term Securities (Cost - $1,087,023) - 2.1%    1,087,023 
  Total Investments (Cost - $84,504,842*) - 158.7%      82,344,819 
  Other Assets Less Liabilities - 1.8%      928,909 
  Preferred Shares, at Redemption Value - (60.5)%      (31,404,402) 
  Net Assets Applicable to Common Shares - 100.0%    $  51,869,326 

* The cost and unrealized appreciation (depreciation) of investments as of March 31, 2009, as
computed for federal income tax purposes, were as follows:

Aggregate cost  $  84,515,435 
Gross unrealized appreciation  $  2,585,766 
Gross unrealized depreciation    (4,756,382) 
Net unrealized depreciation  $  (2,170,616) 

(a) US government securities, held in escrow, are used to pay interest on this security as well as to retire the bond in full
at the date indicated, typically at a premium to par.
(b) Non-income producing security.

(c) Issuer filed for bankruptcy and/or is in default of interest payments.

(d) Radian Insured.

(e) AMBAC Insured.

(f) FHA Insured.

(g) GNMA Collateralized.

(h) NPFGC Insured.

(i) FGIC Insured.

(j) FSA Insured.

(k) Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.

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BlackRock New York Municipal 2018 Term Trust
Schedule of Investments March 31, 2009 (Unaudited)

(l) Security represents a beneficial interest in a trust. The collateral deposited into the trust is federally
tax-exempt revenue bonds issued by various state or local governments, or their respective agencies or
authorities. The security is subject to remarketing prior to its stated maturity, and is subject to
mandatory redemption at maturity.

(m) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in
transactions exempt from registration to qualified institutional investors.

(n) Investments in companies considered to be an affiliate of the Trust, for purposes of Section 2(a)(3) of the Investment
Company Act of 1940, were as follows:

Affiliate  Net Activity  Income 
CMA New York Municipal Money Fund               (1,599,351)  $  879 

(o) Represents the current yield as of report date.

Ÿ The Trust adopted Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, "Fair
Value Measurements" ("FAS 157"). FAS 157 clarifies the definition of fair value, establishes a framework for measuring
fair values and requires additional disclosures about the use of fair value measurements. Various inputs are used in
determining the fair value of investments, which are as follows:

Ÿ Level 1 - price quotations in active markets/exchanges for identical securities
Ÿ Level 2 - other observable inputs (including, but not limited to: quoted prices for similar assets or
liabilities in markets that are active, quoted prices for identical or similar assets in markets that are
not active, inputs other than quoted prices that are observable for the assets or liabilities (such as
interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default
rates) or other market-corroborated inputs)

Ÿ Level 3 - unobservable inputs based on the best information available in the circumstance, to the
extent observable inputs are not available (including the Fund's own assumption used in determining
the fair value of investments)

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with
investing in those securities. For information about the Trust's policy regarding valuation of investments and other
significant accounting policies, please refer to the Trust's most recent financial statements as contained in
its annual report.

The following table summarizes the inputs used as of March 31, 2009 in determining the fair valuation of the Trust's
investments:

Valuation    Investments in 
Inputs    Securities 
 
    Assets 
Level 1  $  1,087,023 
Level 2    81,257,796 
Level 3    - 
Total  $  82,344,819 

4 

Item 2 – Controls and Procedures

2(a) – 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”)) are effective as of a date within 90 days of the filing of this report based on the
evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act
and Rule 13(a)-15(b) under the Securities Exchange Act of 1934, as amended.

2(b) – There were no changes in the registrant’s internal control over financial reporting (as
defined in Rule 30a-3(d) under the 1940 Act) 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

Certifications – Attached hereto

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.

BlackRock New York Municipal 2018 Term Trust

By: /s/ Donald C. Burke
Donald C. Burke
Chief Executive Officer of
BlackRock New York Municipal 2018 Term Trust

Date: May 20, 2009

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: /s/ Donald C. Burke
Donald C. Burke
Chief Executive Officer (principal executive officer) of
BlackRock New York Municipal 2018 Term Trust

Date: May 20, 2009

By: /s/ Neal J. Andrews
Neal J. Andrews
Chief Financial Officer (principal financial officer) of
BlackRock New York Municipal 2018 Term Trust

Date: May 20, 2009