SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
_____________
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: January 26, 1998
RECKSON ASSOCIATES REALTY CORP.
(Exact name of Registrant as specified in its Charter)
Maryland
(State of Incorporation)
1-13762 11-3233650
(Commission File Number) (IRS Employer Id. Number)
225 Broadhollow Road 11747
Melville, New York (Zip Code)
(Address of principal executive offices)
(516) 694-6900
(Registrant's telephone number, including area code)
ITEM 5. OTHER EVENTS
On January 22, 1998, Reckson Associates Realty Corp. announced that on
January 16, 1998 Reckson Services Industries Inc., a subsidiary of Reckson
Operating Partnership, L.P., filed a registration statement to register
common stock in connection with its upcoming spin-off.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
(b) Exhibits
99 Press Release, dated January 22, 1998
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
RECKSON ASSOCIATES REALTY CORP.
/s/ J. Michael Maturo
- -
J. Michael Maturo
Executive Vice President
and Chief Financial Officer
Date: January 26, 1998
EXHIBIT 99
RECKSON ASSOCIATES REALTY CORP. ANNOUNCES THE FILING OF
-------------------------------------------------------
A REGISTRATION STATEMENT FOR DISTRIBUTION OF COMMON
---------------------------------------------------
SHARES OF RECKSON SERVICES INDUSTRIES INC.
------------------------------------------
(MELVILLE, NEW YORK, JANUARY 22, 1998) Reckson Associates Realty Corp.
(NYSE: RA) has announced on January 16, 1998, that Reckson Services
Industries Inc. ("RSI"), a subsidiary of Reckson Operating Partnership, L.P.,
filed a registration statement on Form S-1 to register shares of common stock
which are to be distributed in connection with its upcoming spin-off.
Reckson Associates Realty Corp. is a self-administered and self-managed real
estate investment trust (REIT) specializing in the acquisition, leasing,
financing, management, and development of office and industrial properties.
Reckson is one of the largest publicly-traded owners and managers of Class A
suburban office and industrial properties in the New York "Tri-State" area,
with 189 properties comprised of approximately 19.6 million square feet
controlled and owned, either directly or indirectly, or under contract.
