CONSENT OF INDEPENDENT AUDITORS


We consent to the incorporation by reference in the Registration Statement (Form
S-3 No. 33-96538) and related Prospectus of Cali Realty Corporation,  as amended
on October 6, 1995,  the  Registration  Statement  (Form S-3 No.  33-96542)  and
related Prospectus of Cali Realty  Corporation,  as amended on October 10, 1995,
the Registration  Statement (Form S-3 No.  333-09081) and related  Prospectus of
Cali  Realty  Corporation,  as  amended  on August  9,  1996,  the  Registration
Statement  (Form  S-3 No.  333-09875)  and  related  Prospectus  of Cali  Realty
Corporation  dated August 9, 1996, and the Registration  Statement (Form S-8 No.
33-91822)  pertaining to the 1994 Employee and Director  Stock Option Plans,  as
amended  on  September  29,  1996,  the  Registration  Statement  (Form  S-3 No.
333-19101) of Cali Realty  Corporation dated December 31, 1996, the registration
statement  (Form S-8 No.  333-19831)  dated January 15, 1997,  pertaining to the
Cali Realty  Corporation  Restricted Stock Award Plan for Senior  Executives and
Officers  in the Cali  Realty  Corporation  Stock  Purchase  Program  for Senior
Executives and Officers of our report dated  February 21, 1997,  with respect to
the Combined Financial  Statements of the Robert Martin Group as of December 31,
1996 and 1995 and for the years ended December 31, 1996,  1995 and 1994 included
in the  Current  Report on Form 8-K of Cali Realty  Corporation  dated March 25,
1997, filed with the Securities and Exchange Commission.


                                                           /s/ Ernst & Young LLP
                                                           ---------------------
                                                               Ernst & Young LLP

New York, New York
March 25, 1997