Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
KUPFERBERG MAX L
  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)
(Last)
(First)
(Middle)
615 MERRICK AVENUE
3. Date of Earliest Transaction (Month/Day/Year)
08/23/2006
(Street)

WESTBURY, NY 11590
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 08/23/2006   W   106,663 D $ 0 703,337 (1) I Trustee for KPT
Common Stock 10/11/2007   W   203,077 D $ 0 770,260 (1) I Trustee for KRT
Common Stock               885,484 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               28,100 I By Max Kupferberg 2006 GRAT
Common Stock               28,100 I By Selma Kupferberg 2006 GRAT
Common Stock               173,289 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

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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 control number. SEC 1474 (9-02)

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 Underlying Securities
(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 of Derivative Security: 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) $ 15.41             07/24/2002(2) 01/24/2012 Common Stock 216,000   216,000 D  
Stock Option (right to buy) $ 13.85             07/24/2003(3) 07/24/2012 Common Stock 45,333   45,333 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
KUPFERBERG MAX L
615 MERRICK AVENUE
WESTBURY, NY 11590
  X      

Signatures

 By: /s/ Ilene A. Angarola, Power of Attorney   11/21/2007
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) Disposition of shares due to the death of a beneficiary of the trust. In addition, on May 1, 2007, KPT transferred 703,337 shares to KRT, leaving a 0 share balance in the KPT.
(2) 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.
(3) 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.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.