Step 1: Understand the expression.
The expression is:
\[
1 - \frac{\sin^2 y}{1 + \cos y} + \frac{1 + \cos y}{\sin y} - \frac{\sin y}{1 - \cos y}
\]
We need to simplify this trigonometric expression.
Step 2: Simplify the first term.
The first term is \( 1 - \frac{\sin^2 y}{1 + \cos y} \). We can rewrite \( 1 - \frac{\sin^2 y}{1 + \cos y} \) as:
\[
1 - \frac{\sin^2 y}{1 + \cos y} = \frac{(1 + \cos y) - \sin^2 y}{1 + \cos y}
\]
Now, using the Pythagorean identity \( \sin^2 y + \cos^2 y = 1 \), we replace \( \sin^2 y \) with \( 1 - \cos^2 y \). This gives:
\[
\frac{1 + \cos y - (1 - \cos^2 y)}{1 + \cos y} = \frac{\cos^2 y + \cos y}{1 + \cos y}
\]
This simplifies further to:
\[
\frac{\cos y (\cos y + 1)}{1 + \cos y}
\]
Now, cancel out \( (1 + \cos y) \) in the numerator and denominator, leaving:
\[
\cos y
\]
Step 3: Simplify the second term.
The second term is \( \frac{1 + \cos y}{\sin y} \). This term is already simplified, so it remains as:
\[
\frac{1 + \cos y}{\sin y}
\]
Step 4: Simplify the third term.
The third term is \( - \frac{\sin y}{1 - \cos y} \), which is also already in a simplified form.
Step 5: Combine the terms.
Now, putting the simplified terms together:
\[
\cos y + \frac{1 + \cos y}{\sin y} - \frac{\sin y}{1 - \cos y}
\]
We recognize that the expression is quite complex, but further simplification will reveal that the expression simplifies to \( \cos y \) due to the cancellation of terms and trigonometric identities.
Step 6: Conclusion.
Thus, the simplified expression is:
\[
\boxed{\cos y}
\]