Nuveen New York Select Quality Municipal Fund, Inc. (the Fund) is a closed-end management investment company. The Fund seeks to provide current income exempt from both regular federal and New York state income taxes by investing primarily in a portfolio of municipal obligations issued by state and local government authorities within the state of New York or certain United States territories. The fund focuses to invest at least 80% of its managed assets in municipal securities that are covered by insurance guaranteeing the timely payment of principal and interest. The Fund invests in sectors, such as consumer staples, education and civic organizations, healthcare, housing/multifamily, transportation, utilities and water and sewer. The Funds' adviser is Nuveen Fund Advisors, Inc. and its sub-adviser is Nuveen Asset Management, LLC.