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	OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5
	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 NY 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) 12/08/2010
	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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/28/2010		J(1)	V	156,000	A	$0.0000	755,734	D
Common Stock	06/15/2010		G	V	68,750	D	$0.0000	686,984	D
Common Stock	06/29/2010		J(2)	V	64,950	D	$0.0000	622,034	D
Common Stock	08/31/2010		J(3)	V	12,300	A	$0.0000	634,334	D
Common Stock	11/05/2010		J(4)	V	52,000	A	$0.0000	686,334	D
Common Stock	05/28/2010		J(1)	V	6,000	D	$0.0000	1,099,821	I	As shareholder of the Max K One LLC
Common Stock	05/28/2010		G	V	138,000	D	$0.0000	961,821	I	As shareholder of the Max K One LLC
Common Stock	05/28/2010		J(1)	V	156,000	D	$0.0000	805,821	I	As shareholder of the Max K One LLC
Common Stock	11/05/2010		J(4)	V	2,000	D	$0.0000	803,821	I	As shareholder of the Max K One LLC
Common Stock	11/05/2010		G	V	46,000	D	$0.0000	757,821	I	As shareholder of the Max K One LLC
Common Stock	11/05/2010		J(4)	V	52,000	D	$0.0000	705,821	I	As shareholder of the Max K One LLC
Common Stock	12/07/2010		G	V	2,860	D	$0.0000	182,917	I	By Kupferberg Foundation
Common Stock	08/31/2010		J(3)	V	12,300	D	$0.0000	33,700	I	By Max Kupferberg 2009 GRAT II
Common Stock	06/29/2010		J(2)	V	64,950	A	$0.0000	64,950	I	By Max Kupferberg June 2010 GRAT
Common Stock	08/31/2010		J(5)	V	12,300	D	$0.0000	33,700	I	By Selma Kupferberg 2009 GRAT II
Common Stock	06/29/2010		J(6)	V	64,950	A	$0.0000	64,950	I	By Selma Kupferberg June 2010 GRAT
Common Stock	06/29/2010		J(6)	V	64,950	D	$0.0000	48,689	I	By Spouse
Common Stock	08/31/2010		J(5)	V	12,300	A	$0.0000	60,989	I	By Spouse
Common Stock	12/06/2010		G	V	1,750	D	$0.0000	95,538	I	Max & Selma Kupferberg Foundation
Common Stock	12/08/2010		S		10,000	D	$17.43(7)	85,538	I	Max & Selma Kupferberg Foundation
Common Stock	12/09/2010		S		10,000	D	$17.6(8)	75,538	I	Max & Selma Kupferberg Foundation
Common Stock								536,377	I	As Partner
Common Stock								53,650	I	By Max Kupferberg 2008 GRAT II
Common Stock								76,200	I	By Max Kupferberg 2009 GRAT
Common Stock								53,650	I	By Selma Kupferberg 2008 GRAT II
Common Stock								38,100	I	By Selma Kupferberg 2009 GRAT
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								705,260	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$15.4125							07/24/2002(9)	01/24/2012	Common Stock	216,000		216,000	D
Stock Option (right to buy)	$13.845							07/24/2003(10)	07/24/2012	Common Stock	45,333		45,333	D

Explanation of Responses:

1. On May 28, 2010, the Max K One LLC made a pro-rata distribution.

2. 64,950 shares previously held by direct ownership have been transferred and are now held by the Max Kupferberg June 2010 GRAT.

3. 12,300 shares previously held by Max Kupferberg 2009 GRAT II have been transferred and are now held directly.

4. On November 5, 2010, the Max K One LLC made a pro-rata distribution.

5. 12,300 shares previously held by Selma Kupferberg 2009 GRAT II have been transferred and are now held by Spouse.

6. 64,950 shares previously held by Spouse have been transferred and are now held by the Selma Kupferberg June 2010 GRAT.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.39 to $17.45, inclusive. The reporting person undertakes to provide to New York Community Bancorp, Inc., any security holder of New York Community Bancorp, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.

8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.56 to $17.62, inclusive. The reporting person undertakes to provide to New York Community Bancorp, Inc., any security holder of New York Community Bancorp, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.

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

10. 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:

This form reflects the distribution of all shares from the indirect holding Trustee for GST, as reported in prior forms, to the beneficiaries of the trust.

	/s/ Ilene A. Angarola, Power of Attorney	12/10/2010
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.