EXHIBIT 23.4



                         CONSENT OF INDEPENDENT AUDITORS 



         We consent  to the  incorporation  by  reference  in this  registration
statement of Cali Realty  Corporation on Form S-8 of our report dated  September
18, 1996,  appearing  in Cali Realty  Corporation's  Current  Report on Form 8-K
dated October 28, 1996,  on our audits of the  Statements of Revenue and Certain
Operating Expenses of the property known as Harborside Financial Center for each
of the three years in the period ended December 31, 1995. We also consent to the
reference to our firm under the caption "Experts".

/s/Coopers & Lybrand L.L.P.
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   Coopers & Lybrand L.L.P.


New York, New York
December 18, 1996