Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
RENYI THOMAS A
  2. Issuer Name and Ticker or Trading Symbol
BANK OF NEW YORK CO INC [BK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman and CEO
(Last)
(First)
(Middle)
ONE WALL STREET
3. Date of Earliest Transaction (Month/Day/Year)
02/14/2007
(Street)

NEW YORK, NY 10286
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock (Par Value $7.50) 02/14/2007   M   124,000 A $ 27.47 572,587.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   M   3,640 A $ 27.47 576,227.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   1,000 D $ 42.44 575,227.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   500 D $ 42.45 574,727.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   2,200 D $ 42.46 572,527.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   1,800 D $ 42.47 570,727.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   200 D $ 42.55 570,527.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   100 D $ 42.56 570,427.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   600 D $ 42.57 569,827.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   4,900 D $ 42.58 564,927.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   43 D $ 42.588 564,884.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   900 D $ 42.59 563,984.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   200 D $ 42.599 563,784.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   2,757 D $ 42.6 561,027.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   3,040 D $ 42.62 557,987.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S(2)   1,929 D $ 42.78 556,058.1398 (1) D  
Common Stock (Par Value $7.50) 02/14/2007   S   20 D $ 42.789 556,038.1398 (1) D  
Common Stock (Par Value $7.50)               468,275.515 (3) I By 401(k) Plan
Common Stock (Par Value $7.50)               75,560 (4) I By GRAT 2-2005
Common Stock (Par Value $7.50)               195,222 (4) I by GRAT 3- 2005
Common Stock (Par Value $7.50)               3,350 (5) (6) I By Spouse

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1/13/98 Stock Options $27.47 $ 27.47 02/14/2007   M     3,640 01/13/2002 01/13/2008 Common Stock (Par Value $7.50) 3,640 $ 27.47 496,360 D  
1/13/98 Stock Options $27.47 $ 27.47 02/14/2007   M     124,000 01/13/1999 01/13/2008 Common Stock (Par Value $7.50) 124,000 $ 27.47 372,360 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
RENYI THOMAS A
ONE WALL STREET
NEW YORK, NY 10286
  X     Chairman and CEO  

Signatures

 Thomas A. Renyi   02/15/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(4) These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on August 23, 2005.
(5) Reporting person disclaims beneficial ownership of these securities.
(1) 119,218 of these shares have been previously reported as beneficially owned but had been held by Grantor Retained Annuity Trusts until September 6, 2006.
(6) Form #1 of 3
(2) The sale is being made pursuant to a Rule 10b5-1 sales plan adopted on December 13, 2006.
(3) Represents number of stock units held indirectly in employer's stock fund in The Bank of New York Company, Inc. Employee Savings and Investment Plan, a 401(k) Plan, as of January 31, 2007. Previously reported as owned directly in Profit Sharing Plan.

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