Ownership Submission
FORM 5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported
Form 4 Transactions Reported
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL 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
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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. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2008
(Street)


WESTBURY, NY 11590		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Reporting
(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 at end of Issuer's Fiscal Year
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Amount (A) or (D) Price
Common Stock 03/25/2008   W 62,221 D $ 0 0 (1) I As Administrator of HK IRA Rollover
Common Stock 05/21/2008   J(2) 52,000 D $ 0 855,584 D  
Common Stock 05/21/2008   J(2) 52,000 A $ 0 52,000 I By Max Kupferberg GRAT I
Common Stock 05/21/2008   J(3) 52,000 D $ 0 199,389 I By Spouse
Common Stock 05/21/2008   J(3) 52,000 A $ 0 52,000 I By Selma Kupferberg 2008 GRAT I
Common Stock 08/18/2008   W 65,389 D $ 0 0 (4) I Trustee for JK NEM Trust
Common Stock 12/22/2008   J(5) 80,000 D $ 0 775,584 D  
Common Stock 12/22/2008   J(5) 80,000 A $ 0 80,000 I By Max Kupferberg 2008 GRAT II
Common Stock 12/22/2008   J(6) 80,000 D $ 0 119,389 I By Spouse
Common Stock 12/22/2008   J(6) 80,000 A $ 0 80,000 I By Selma Kupferberg 2008 GRAT II
Common Stock 12/22/2008   G 80,000 D $ 0 695,584 D  
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             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             30,000 I Trustee for GST
Common Stock             770,260 I Trustee for KRT

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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 at End of Issuer's Fiscal Year
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 15.41           07/24/2002(7) 01/24/2012 Common Stock
216,000
  216,000
D
 
Stock Option (right to buy) $ 13.85           07/24/2003(8) 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 02/13/2009
**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 the beneficiary of the IRA.
(2) Since the reporting person's last report 52,000 shares previously held directly have been transferred and are now held by Max Kupferberg 2008 GRAT I.
(3) Since the reporting person's last report 52,000 shares previously held directly have been transferred and are now held by Selma Kupferberg 2008 GRAT I.
(4) Disposition of shares due to the death of the beneficiary of the trust.
(5) Since the reporting person's last report 80,000 shares previously held directly have been transferred and are now held by Max Kupferberg 2008 GRAT II.
(6) Since the reporting person's last report 80,000 shares previously held directly have been transferred and are now held by Selma Kupferberg 2008 GRAT II.
(7) 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.
(8) 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.

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