A lot of it is just a putdown. But supposedly it's a harsher sound formed a little further back with the the tongue lower in the mouth. I don't know whether New Yorkers actually talk that way.
Ah. Well described; I think I know what you mean. Yes, some do speak that way. Interesting the subtle variations you can pick up even among people who speak “standard” English. In college I took a course that was sort of a combination of phonetics, linguistics, and the history of the English language. A few times the professor went around the room and had everyone pronounce a given word, such as “caught.” There must have been seven or eight distinct variations.