FORM 3 OMB APPROVAL
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OMB Number 3235-0104
Expires: September 30, 1998
Estimated average burden
hours per response................0.5
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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(f) of the
Investment Company Act of 1940
<TABLE>
<S> <C> <C>
1. Name and Address of Reporting Person 2. Date of Event Re- 4. Issuer Name and Ticker or Trading Symbol
quiring Statement
(Month/Day/Year) Reckson Service Industries, Inc.
5/13/98(1)
Rechler Gregg M
(Last) (First) (Middle)
c/o Reckson Service Industries, Inc.
225 Broadhollow Road
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(Street)
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5. Relationship of Reporting Person to Issuer
(Check all applicable)
X Director __10% Owner
---
Officer (give ___ Other
--- title (specify
below) below)
Melville, New York 11747 3. IRS or Social
Security Number of
_________________________________ Reporting Person
(City) (State) (Zip) (Voluntary)
6. If Amendment,
Date pf Original
(Month/Day/Year)
7. Individual or Joint/Group
Filing (Check Applicable Line)
X Form filed by One Reporting person
Form filed by More than One Reporting person
</TABLE>
<TABLE>
Table I - Non-Derivative Securities Beneficially Owned
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<S> <C> <C> <C>
1. Title of Security 2. Amount of Securities 3. Ownership 4. Nature of Indirect Beneficial
(Instr. 4) Beneficially Owned Form: Direct Ownership
(Instr. 4) (D) or Indirect (Instr. 5)
(I) (Instr. 5)
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Common Stock 30,872 D
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14,390 I By limited liability company
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Reminder: Report on a separate line for each class of securities
beneficially owned directly or indirectly. (Over)
(Print or Type Responses) SEC 1473(8-92)
(1) Anticipated effective date of Reckson Service Industries, Inc.'s Registration Statement on Form S-1 (File No. 333-44419).
</TABLE>
<TABLE>
FORM 3
(continued) Table II -- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
<S> <C> <C> <C> <C> <C>
1. Title of Derivative 2. Date Exercisable and 3. Title and Amount of Securities 4. Conversion 5. Ownership 6. Nature of
Security Expiration Date Underlying Derivative Security or Exercise Form of Indirect
(Instr. 4) (Month/Day/Year) (Instr. 4) Price of Derivative Beneficial
Derivative Security: Ownership
Security Direct (Instr. 5)
(D) or
Indirect
(I)(Instr.
Date Expiration Title Amount or
Exercisable Date Number of
Shares
Options (Rights to buy) 1/1/99 1/10/08 Common Stock 52,392 $1.10 D
Options (Rights to buy) 1/1/99 3/30/08 Common Stock 271,105 $1.04 D
Explanation of Responses:
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. /s/ Gregg Rechler 5/13/98
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See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). ** Signature of Reporting Date
Person
Note: File three copies of this Form, one of which must be manually signed. If space provided is insufficient,
see Instruction 6 for procedure.
</TABLE>
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SEC 1473 (8-92)