<TABLE>
<CAPTION>
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
<S> <C> <C>
FORM 4 Filed pursuant to Section 16(a) of the OMB APPROVAL
- ------ Securities Exchange Act of 1934, Section ------------
/ / Check this box if no longer 17(a) of the Public Utility Holding Company OMB Number 3235-0287
subject to Section 16. Form 4 Act of 1935 or Section 30(f) of the Investment Expires: September 30, 1998
of Form 5 obligations may continue. Company Act of 1940 Estimated average
See Instruction 1(b). burden hours
per response....0.5
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<TABLE>
<S> <C> <C> <C> <C>
- ------------------------------------------------------------------------------------------------------------------------------------
1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person
to Issuer (Check all applicable)
Rechler Mitchell D. Reckson Service Industries, Inc. (RSII)
-------------------------------------------- -----------------------------------
_______________________________________ 3. IRS or Social Security 4. Statement for X Director 10% Owner
(Last) (First) (Middle) Number of Reporting Month/Year --- ---
Person (Voluntary) 9/98 Officer (give ____ Other
--- title below) (specify
c/o Reckson Associates Realty Corp. below)
225 Broadhollow Road 5. If Amendment,
____________________________________________________ Date of Original
(Street) (Month/Year)
Melville, New York 11747
____________________________________________________
(City) (State) (Zip) 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>
<CAPTION>
- -------------------------------------------------------------------------------------------------------------------------------
TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
- -------------------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Owner- 7. Nature
(Instr. 3) action action or Disposed of (D) Securities ship of In-
Date Code (Instr. 3, 4 and 5) Beneficially Form: direct
(Month/ (Instr. 8) Owned at Direct Bene-
Day/ End of (D) or Ficial
Year) Month Indirect Owner-
(Instr. 3 (I) Ship
and 4) (Instr. 4) (Instr. 4)
--------------------------------------------
Code V Amount (A) or Price
(D)
- ------------------------------------------------------------------------------------------------------------------------------------
Common Stock 9/17/98 P 25,000 A $2.5625 25,000 I* By Partner-
ship**
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------------------------------------------
====================================================================================================================================
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
(Print or Type Responses)
TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
- ------------------------------------------------------------------------------------------------------------------------------------
1. Title of 2. Conver- 3. Trans- 4. Transac- 5. Number of 6. Date Exer- 7. Title and 8. Price 9. Number 10. Owner- 11. Na-
Derivative sion or action tion Derivative cisable and Amount of of of Ship ture
Security Exercise Date Code Securities Expiration Underlying Deriva- Deriva- Form of of
(Instr. 3) Price of (Instr. 8) Acquired (A) Date (Month/ Securities tive tive Deriva- In-
Deriva- (Month/ or Disposed Day/Year) (Instr.3 Security Securi- tive di-
tive Day/ of (D) and 4) (Instr. 5) ties Bene- Security: rect
Security Year) (Instr. 3, ficially Direct Bene-
4, and 5) Owned at (D) or fi-
End of Indirect cial
Month (I) Own-
(Instr. 4) (Instr. 4) er-
ship
------------------------------------- (Instr.
Date Expir- 4)
Exer- ation Amount or
cisable Date Title Number of
Shares
------- ----- ----- -----
Code V (A) (D)
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- ----- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- ----- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- ----- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- ----- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- -- -- ---------- ---------- ------- -----
- ------------ ----------- ---------- ------- ----- ----- ------ ------- ------ --------- --- - ---------- ---------- ------- -----
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Explanation of Responses:
* The reporting person disclaims beneficial ownership for purposes of Section 16
or for any other purpose.
**The shares represent the reporting person's proportion of a Partnership's
shares.
Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
/s/ Mitchell Rechler 10/7/98
------------------------------- -----------------
Signature of Reporting Person Date
See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If
space provided is insufficient, see Instruction 6 for procedure.
