Frye also denied having a favorite team, but his parents are both from Brooklyn.
"I love New York and I'm glad to be coming back home," Frye told ESPN.
Frye is the first Wildcat post player taken in the first round since Brian Williams in 1991. He becomes the ninth top-10 pick in school history.
Frye was one of the fast risers in the draft. Before the season began he was seen as a fringe first round player and even in March many projected him going in the second half of the first round.
Frye has battled the "soft" tag since coming to Arizona but his performance in the NCAA Tournament really boosted him in the eyes of NBA GM's.
"We are excited to be able to add Channing Frye to the Knicks," Isaiah Thomas said on the Knicks website. "We knew that we need to add size to our team once the summer started - that is exactly what we did. Everything this team needs, he brings to the table. It is a great first step for what we think will be a productive summer and good night for us."
Although the Knicks lack quality big men, they do have a number of athletic post players on the roster. The Knick appear close to trading Kurt Thomas, but still have Michael Sweetney, Tim Thomas, Jerome Williams, Maurice Taylor, Bruno Sundov and Jackie Butler currently on the roster.
Frye averaged 15.8 ppg and 7.6 rpg as a senior.
The draft was held in New York and most of the rowdy crowd was pro-Knicks. It was a mixed reaction, a combination of boos and cheers, with about 60% of the reaction being positive. ESPN showed the Knicks' most famous fan, filmmaker Spike Lee after the pick and he seemed quite pleased with the selection.
Frye's first two regular season games came at Madison Square Garden. Back in November of 2001 the Cats opened their season against Florida and Maryland at the Coaches vs. Cancer Tournament. They have returned to the Garden on two other occasions. In 2003 they faced Florida again and then last season they played in the semi-finals and finals of the preseason NIT.