CCD BVRI photometry is presented for type Ia supernova 2008gy. The light curves match the template curves for fast-declining SN Ia, but the colors appear redder than average, and the SN may also be slightly subluminous. SN 2008gy is found to be locat
ed far outside the boundaries of three nearest galaxies, each of them has nearly equal probability to be the host galaxy.
