Sec Form 4 Filing - PUORRO MICHAEL P @ NEW YORK COMMUNITY BANCORP INC - 2005-01-20

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 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: November 30, 2011 Estimated average burden hours per response... 0.5

1. Name and Address of Reporting Person PUORRO MICHAEL P 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) _____ Director _____ 10% Owner X __ Officer (give title below) _____ Other (specify below) Executive VP and CFO (Last) (First) (Middle) 615 MERRICK AVENUE 3. Date of Earliest Transaction (MM/DD/YY) 01/20/2005 (Street) WESTBURY, NY11590 4. If Amendment, Date Original Filed (MM/DD/YY) 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 (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 01/20/2005 J( 1 ) V 46 A $ 18.28 9,243 I By 401(k) Common Stock 02/02/2005 J( 1 ) V 47 A $ 17.89 9,290 I By 401(k) Common Stock 02/16/2005 J( 1 ) V 46 A $ 18.19 9,336 I By 401(k) Common Stock 02/22/2005 J( 2 ) V 131 A $ 17.85 51,407 ( 3 ) I By 401(k) Common Stock 200,939 D Common Stock 19,975 I By BRP Common Stock 149 I By Child Common Stock 1,895 ( 1 ) I By ESOP Common Stock 26,728 I By Stock Award III Common Stock 3,500 I By Stock Award IV

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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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 (MM/DD/YY) 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 09/02/1998( 4 ) 09/02/2007 Common Stock 179,668 179,668 D Stock Option (right to buy) $ 18.3975 06/26/2002( 5 ) 06/26/2011 Common Stock 195,812 195,812 D Stock Option (right to buy) $ 21.3525 06/25/2003( 6 ) 06/25/2012 Common Stock 24,635 24,635 D

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other PUORRO MICHAEL P 615 MERRICK AVENUE WESTBURY, NY11590 Executive VP and CFO Signatures By: /s/ Ilene A. Angarola, Power of Attorney 03/23/2005 Signature of Reporting Person Date

Explanation of Responses:

( 1 )This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c). ( 2 )This form reflects an increase in beneficial ownership resulting from dividend reinvestment pursuant to Rule 16a-11. ( 3 )Reflects 41,940 shares, which were held by the Roslyn Bancorp, Inc. Employee Stock Ownership Plan and have been transferred and distributed to the 401(k) Plan. These shares were previously reported in prior reports as being held indirectly by ESOP. ( 4 )Options granted pursuant to the Roslyn Bancorp, Inc. 1997 Stock-Based Incentive Plan were fully vested and exercisable as of September 2, 2002. ( 5 )Options granted under the Roslyn Bancorp, Inc. 1997 Stock-Based Incentive Plan, including 5,436 on June 26, 2005; 163,500 that vest in four equal annual installments beginning on June 26, 2002; and 26,876 that vest as follows: 10,379 on June 26, 2002; 5,499 on June 26, 2003, 2004 and 2005. ( 6 )32,845 stock options granted under the Roslyn Bancorp, Inc. 1997 Stock-Based Incentive Plan were fully vested and exercisable on June 25, 2004 and 16,423 stock options granted under the Roslyn Bancorp, Inc. 1997 Stock-Based Incentive Plan immediately vested and became exercisable upon the retirement of Mr. Mancino on November 30, 2004.

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.