<SEC-DOCUMENT>0001225208-22-012281.txt : 20221205
<SEC-HEADER>0001225208-22-012281.hdr.sgml : 20221205
<ACCEPTANCE-DATETIME>20221205153018
ACCESSION NUMBER:		0001225208-22-012281
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20221201
FILED AS OF DATE:		20221205
DATE AS OF CHANGE:		20221205

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Smith Lee Matthew
		CENTRAL INDEX KEY:			0001582883

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31565
		FILM NUMBER:		221444789

	MAIL ADDRESS:	
		STREET 1:		C/O FLAGSTAR BANCORP INC.
		STREET 2:		5151 CORPORATE DRIVE
		CITY:			TROY
		STATE:			MI
		ZIP:			48098

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			NEW YORK COMMUNITY BANCORP INC
		CENTRAL INDEX KEY:			0000910073
		STANDARD INDUSTRIAL CLASSIFICATION:	SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036]
		IRS NUMBER:				061377322
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		102 DUFFY AVENUE
		CITY:			HICKSVILLE
		STATE:			NY
		ZIP:			11801
		BUSINESS PHONE:		5166834100

	MAIL ADDRESS:	
		STREET 1:		102 DUFFY AVENUE
		CITY:			HICKSVILLE
		STATE:			NY
		ZIP:			11801

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	QUEENS COUNTY BANCORP INC
		DATE OF NAME CHANGE:	19930802
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>doc4.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0306</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2022-12-01</periodOfReport>

    <issuer>
        <issuerCik>0000910073</issuerCik>
        <issuerName>NEW YORK COMMUNITY BANCORP INC</issuerName>
        <issuerTradingSymbol>NYCB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001582883</rptOwnerCik>
            <rptOwnerName>Smith Lee Matthew</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>102 DUFFY AVENUE</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>HICKSVILLE</rptOwnerCity>
            <rptOwnerState>NY</rptOwnerState>
            <rptOwnerZipCode>11801</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isOfficer>1</isOfficer>
            <officerTitle>SEVP &amp; President of Mortgage</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-12-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>1399610.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.0000</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1399610.0000</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-12-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>F</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>17882.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>9.1900</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1381728.0000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2022-12-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>367248.0000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0.0000</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>367248.0000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Stock Award</value>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">Acquired pursuant to the Agreement and Plan of Merger, dated as of April 24, 2021, as amended (the &quot;Merger Agreement&quot;), by and between New York Community Bancorp, Inc. (&quot;NYCB&quot;) and Flagstar Bancorp, Inc. (&quot;Flagstar&quot;) pursuant to which Flagstar merged with and into NYCB on December 1, 2022 (the &quot;Effective Time&quot;).  Pursuant to the Merger Agreement, at the Effective Time of the Merger each share of Flagstar common stock issued and outstanding prior to the Effective Time was converted into the right to receive 4.0151 (the &quot;Exchange Ratio&quot;) shares of NYCB common stock (the &quot;Merger Consideration&quot;) and cash in lieu of fractional shares, if applicable.  On December 1, 2022 the closing price of Flagstar's common stock was $37.54 per share, and the closing price of NYCB's common stock was $9.19 per share.  (Continued in Remarks section below.)</footnote>
        <footnote id="F2">Total includes service based restricted stock units that will vest in shares of NYCB common stock over the passage of time.</footnote>
        <footnote id="F3">367,248 shares granted under Stock Award on December 1, 2022 pursuant to the Flagstar Bancorp, Inc. 2016 Stock Award and Incentive Plan, which was assumed by New York Community Bancorp, Inc. pursuant to the terms of the Merger Agreement, will vest in five approximately equal annual installments commencing on December 1, 2023.</footnote>
    </footnotes>

    <remarks>Additionally, pursuant to the Merger Agreement, each restricted stock unit of Flagstar (&quot;Flagstar RSU&quot;) outstanding prior to the Effective Time was converted into a time-based restricted stock unit of NYCB (&quot;NYCB RSU&quot;) with the number of shares underlying such NYCB RSU adjusted based on the Exchange Ratio rounded up to the nearest whole number of shares.  Each converted NYCB RSU continues to be subject to the same terms and conditions as applied to the Flagstar RSU immediately prior to the Effective Time.  Each performance restricted stock unit of Flagstar (&quot;Flagstar PSU&quot;) outstanding prior to the Effective Time was either converted into the right to receive the Merger Consideration or converted into a NYCB RSU pursuant to the terms of the Merger Agreement.  Each Flagstar PSU that was converted into an NYCB RSU continues to be subject to the same terms and conditions as applied to the Flagstar PSU immediately prior to the Effective Time, excluding the performance conditions.  On December 1, 2022, the Board of Directors of NYCB approved the acceleration of 50,190 NYCB RSUs (formerly Flagstar PSUs) held by the reporting person.</remarks>

    <ownerSignature>
        <signatureName>/s/ Jan M. Klym, Power of Attorney</signatureName>
        <signatureDate>2022-12-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
