Ownership Submission
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 OF SECURITIES

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
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(Print or Type Responses)
1. Name and Address of Reporting Person *
LEVAN ALAN B
  2. Issuer Name and Ticker or Trading Symbol
BBX CAPITAL CORP [BBX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman & CEO
(Last)
(First)
(Middle)
2100 WEST CYPRESS CREEK ROAD
3. Date of Earliest Transaction (Month/Day/Year)
11/12/2012
(Street)

FORT LAUDERDALE, FL 33309
4. If Amendment, Date Original Filed(Month/Day/Year)
11/14/2012
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 (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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
Class A Common Stock, par value $0.01 per share 11/12/2012   A   376,802 A $ 0 450,199 (1) D  
Class A Common Stock, par value $0.01 per share               393 (1) (2) I By Levan Enterprises, Ltd
Class A Common Stock, par value $0.01 per share               264 (1) I By Levan Partners, LLC
Class A Common Stock, par value $0.01 per share               58,070 (1) I By Levan BBX Stock Partners, LP
Class A Common Stock, par value $0.01 per share               0 (3) I By 401(k) Plan

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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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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
(Month/Day/Year)
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

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
LEVAN ALAN B
2100 WEST CYPRESS CREEK ROAD
FORT LAUDERDALE, FL 33309
  X   X   Chairman & CEO  

Signatures

 /s/ John K. Grelle, Chief Financial Officer, BBX Capital Corporation, Attorney-in-Fact for Alan B. Levan   11/29/2012
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) All share amounts reported herein reflect the one-for-five reverse stock split effected by the issuer on October 14, 2011.
(2) Corrected from original Form 4, which reported 392 shares held indirectly through Levan Enterprises, Ltd.
(3) The reporting person's original Form 4 incorrectly reported that, in addition to the shares reported herein, the reporting person also owned 3,199 shares through the issuer's 401(k) Plan. All shares of the issuer's Class A Common Stock held in the 401(k) Plan were liquidated on January 4, 2012 in connection with the Plan Administrator's decision to mandate the liquidation of those shares. The liquidation was not a volitional transaction on the part of the reporting person.

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