Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

        Date of Report (Date of earliest event reported): October 1, 2004

                        NEW YORK COMMUNITY BANCORP, INC.
             (Exact name of registrant as specified in its charter)

          Delaware                    0-31565                06-1377322
-------------------------------   ---------------    ---------------------------
(State or other jurisdiction of     Commission           (I.R.S. Employer
 incorporation or organization)     File Number          Identification No.)

                  615 Merrick Avenue, Westbury, New York 11590
                    (Address of principal executive offices)

       Registrant's telephone number, including area code: (516) 683-4100

                                 Not applicable
          (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[  ] Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)
[  ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
[  ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b))
[  ] Pre-commencement communications pursuant to Rule 13e-4c under the Exchange
     Act (17 CFR 240.13e-4(c))

                           CURRENT REPORT ON FORM 8-K

ITEM 7.01      Regulation FD Disclosure

               New York Community Bank (the "Bank"), the primary subsidiary of
               New York Community Bancorp, Inc., has successfully structured a
               financing package for Co-op City, a residential community with
               15,372 units and approximately 50,000 residents in the Bronx.

               On September 30, 2004, an initial loan of $300.0 million was made
               to Riverbay Corporation - Co-op City, including $250.0 million to
               be allocated toward refinancing the underlying mortgage, funding
               reserves, and related closing expenses. The remaining $50.0
               million is to be held in reserve by the Bank for scheduled
               repairs and maintenance, thus enhancing the term yield as the
               funds are advanced.

               An additional $180.0 million in funding will be advanced over the
               next 42 months for the purpose of making capital improvements to
               the complex, at a floating rate equal to 150 basis points over
               prime. Funds will be disbursed as certain stages of construction
               are completed, as certified by a consulting engineer engaged by
               the Bank.

               The short-term construction loan advances will be added
               periodically to the initial $300.0 million multi-family credit,
               which features a term of 20 years and a five-year adjustable rate
               of interest ranging from a floor of 5.20% for the first five
               years of the loan to a floor of 6.70% in years 11 through 20.

               The loan-to-value ratio on the initial $300.0 million loan is a
               conservative 24.9%. When the loan is fully funded and all planned
               improvements have been completed, the credit will total $480.0
               million and the loan-to-value ratio is expected to be 33.2%.

               Built in the late 1960s and early 1970s, Co-op City is the
               largest residential complex created under Mitchell-Lama, an
               affordable housing program for middle-income residents of New
               York State. Once the planned improvments to the infrastructure
               have been completed, there is the potential for the unit holders
               to realize a substantial increase in value, should the
               Cooperative decide to transition out of the Mitchell-Lama


     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

    October 1, 2004                        NEW YORK COMMUNITY BANCORP, INC.
                                           /s/ Joseph R. Ficalora
                                           Joseph R. Ficalora
                                           President and Chief Executive Officer