SEC FORM 4

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

KUPFERBERG MAX L

(Last)

(First)

(Middle)

615 MERRICK AVENUE

(Street)

WESTBURY

11590

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
NEW YORK COMMUNITY BANCORP INC [ NYB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/31/2007

4. If Amendment, Date of 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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/15/2006		G	V	61,000	D	$0	801,398	D
Common Stock	01/31/2007		P		33,500	A	$16.69	834,898	D
Common Stock								62,221	I	As Administrator of HK IRA Rollover
Common Stock								536,377	I	As Partner
Common Stock								1,105,821	I	As shareholder of the Max K One LLC
Common Stock								185,777	I	By Kupferberg Foundation
Common Stock								22,686	I	By Max Kupferberg 2005 GRAT
Common Stock								56,000	I	By Max Kupferberg 2006 GRAT
Common Stock								22,686	I	By Selma Kupferberg 2005 GRAT
Common Stock								56,000	I	By Selma Kupferberg 2006 GRAT
Common Stock								62,703	I	By Spouse
Common Stock								97,288	I	Max & Selma Kupferberg Foundation
Common Stock								7,666	I	Trustee for EW of JK FBO LC
Common Stock								7,666	I	Trustee for EW of JK FBO MK
Common Stock								280,000	I	Trustee for GST
Common Stock								65,389	I	Trustee for JK NEM Trust
Common Stock								62,221	I	Trustee for KK NEM Trust
Common Stock								810,000	I	Trustee for KPT
Common Stock								270,000	I	Trustee for KRT

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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (right to buy)	$15.41							07/24/2002⁽¹⁾	01/24/2012	Common Stock	216,000		216,000	D
Stock Option (right to buy)	$13.85							07/24/2003⁽²⁾	07/24/2012	Common Stock	45,333		45,333	D

Explanation of Responses:

1. Stock Options automatically granted pursuant to the reload feature of the New York Community Bancorp, Inc. (''NYCB'') 1997 Stock Option Plan that were exercisable on July 24, 2002.

2. Stock Options granted pursuant to the New York Community Bancorp, Inc. 1997 Stock Option Plan vest in equal installments beginning on July 24, 2003 and were fully vested and exercisable as of July 24, 2005.

Remarks:

	By: /s/ Ilene A. Angarola, Power of Attorney	02/01/2007
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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