SUPPLEMENT, DATED AUGUST 21, 2000
TO PROSPECTUS, DATED APRIL 7, 2000
COMMON STOCK OF FRONTLINE CAPITAL GROUP
$0.01 PAR VALUE
SELLING STOCKHOLDERS
Reckson Operating Partnership, L.P. has transferred 115,186 shares of
common stock to Reckson Management Group, Inc., 77,014 of which may be sold
pursuant to this prospectus and the related prospectus supplement. Reckson
Operating Partnership, L.P., which owns 97% of the capital stock of Reckson
Management Group, Inc., is the lender under the Company's credit facilities
and has certain other relationships with the Company, as described in the
prospectus under the caption "Risk Factors - We may have conflicts of interest
with Reckson Associates".
UBS AG, London Branch, which was issued 38,172 shares of common stock in
a transaction exempt from the registration requirement of the Securities Act,
may from time to time offer and sell such shares of common stock pursuant to
this prospectus supplement and the related prospectus. Affiliates of UBS AG,
London Branch have (i) previously made loans to the Company and HQ Global
Workplaces, Inc., an affiliate of the Company, which have been paid in full
and (ii) acted as underwriter for the Company's December 1999 common stock
offering.
Because the selling stockholders may offer all, some or none of the
shares of common stock that are covered by this prospectus supplement and the
related prospectus, no estimate can be made of the number of shares of common
stock that will be offered under this prospectus supplement and the related
prospectus or the number of shares of common stock that will be owned by any
of the selling stockholders upon completion of the offering to which this
prospectus supplement and the related prospectus relate.
_______________________
The date of this Prospectus Supplement is August 21, 2000
