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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

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                                    FORM 8-K
                                 CURRENT REPORT

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

         Date of report (Date of earliest event reported): July 7, 2005

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                          ASTORIA FINANCIAL CORPORATION
             (Exact name of registrant as specified in its charter)

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             Delaware                    001-11967               11-3170868
 (State or other jurisdiction of   (Commission File Number)    (IRS Employer
 incorporation or organization)                              Identification No.)


          ONE ASTORIA FEDERAL PLAZA, LAKE SUCCESS, NEW YORK 11042-1085
          (Address of principal executive offices, including zip code)

       Registrant's telephone number, including area code: (516) 327-3000

                                 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 (see General Instruction A.2. below):

[ ]  Written communications pursuant to Rule 425 under the Securities
     Act (17 CFR 230.425)

[ ]  Soliciting material pursuant to Rule 14a-12(b) under the Exchange
     Act (17 CFR 240.14a-12(b))

[ ]  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-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))

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ITEMS 1 THROUGH 7  NOT APPLICABLE.

Item 8.01.   OTHER EVENTS.

     On July 11, 2005, Astoria Financial Corporation (the "Company") issued a
press release stating that, on July 7, 2005, in its closing arguments before
United States Court of Federal Claims Judge Charles F. Lettow, the Company asked
for damages totaling $594 million from the U.S. government for breach of
contract in connection with a 1983 Assistance Agreement ("the Agreement")
between the Long Island Savings Bank ("LISB") and the Federal Savings and Loan
Insurance Corporation ("FSLIC") pursuant to which LISB acquired a failing
thrift. LISB was subsequently acquired by the Company in 1998. The full text of
the press release is included herein as exhibit 99.1

Item 9.01.   FINANCIAL STATEMENTS AND EXHIBITS.

(c)  Exhibits.

     The following Exhibit is filed as part of this report:

     Exhibit 99.1    Press release dated July 11, 2005.

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                                    SIGNATURE

     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.

                                              ASTORIA FINANCIAL CORPORATION

                                              By: /s/ Peter J. Cunningham
                                                  ------------------------------
                                                  Peter J. Cunningham
                                                  First Vice President and
                                                  Director of Investor Relations

Dated:  July 11, 2005

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                                  EXHIBIT INDEX

EXHIBIT
NUMBER      DESCRIPTION
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   99.1     Press release dated July 11, 2005.

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