POWER OF ATTORNEY


     I hereby authorize and designate Arnold K.
Greenberg, Thomas E. Lavery, Michele M. Weber, Peter J.
Cunningham and Monte N. Redman, or any one of them
acting as agent and attorney-in-fact, with full power of
substitution, to:

     (1)  prepare and sign on my behalf any Form 3,
     Form 4 or Form 5 under Section 16 of the Securities
     Exchange Act of 1934, as amended, and file the
     same with the Securities and Exchange Commission,
     NYSE, NASDAQ and each stock exchange on
     which Astoria Financial Corporation's common
     stock or other securities are listed, as required by
     law;

     (2)  prepare and sign on my behalf any Form 144
     under the Securities Act of 1933, as amended, and
     file the same with the Securities and Exchange
     Commission, NYSE, NASDAQ and each stock
     exchange on which Astoria Financial Corporation's
     common stock or other securities are listed, as
     required by law; and

     (3)  do anything else necessary or proper in
     connection to the foregoing.

     This power of attorney shall remain in effect as long
as I am an affiliate of Astoria Financial Corporation, and
shall not be affected by my subsequent disability or
incompetence.

Date:     September 18, 2002

Alan P. Eggleston
Alan P. Eggleston