Exhibit 12.1

MACK-CALI REALTY CORPORATION

 CALCULATION OF RATIOS OF EARNINGS TO FIXED CHARGES

 (DOLLAR AMOUNTS IN THOUSANDS)

        Mack-Cali Realty Corporation's ratios of earnings to fixed charges for each of the five years ended December 31, 2009 were as follows:

                                   
   
For the Year Ended December 31,
 
   
2009
 
2008
 
2007
 
2006
 
2005
 
EARNINGS:
                               
ADD:
                               
 
Income from continuing operations before minority interest and equity in earnings from unconsolidated joint ventures
 
$
 
69,288
 
$
 
104,631
 
$
 
94,530
 
$
 
110,138
 
$
 
92,051
 
 
Fixed charges (see calculation below)
   
142,919
   
134,178
   
132,609
   
142,648
   
128,966
 
 
Distributed income of unconsolidated joint ventures
   
2,637
   
5,784
   
1,875
   
2,302
   
 
SUBTRACT:
                               
 
Capitalized interest
   
(1,401
)
 
(5,799
)
 
(5,101
)
 
(6,058
)
 
(5,518
)
 
Preferred security dividend requirements of consolidated subsidiaries
   
   
   
   
   
(3,909
 
)
TOTAL EARNINGS:
 
$
213,443
 
$
238,794
 
$
223,913
 
$
249,030
 
$
211,590
 
FIXED CHARGES:
                               
Interest expense (includes amortization of deferred financing costs)
 
$
141,273
 
$
128,145
 
$
127,287
 
$
136,357
 
$
119,337
 
Capitalized interest
   
1,401
   
5,799
   
5,101
   
6,058
   
5,518
 
Interest portion (33 percent) of ground rents on land leases
   
245
   
234
   
221
   
233
   
202
 
Preferred security dividend requirements of consolidated subsidiaries
   
   
   
   
   
3,909
 
TOTAL FIXED CHARGES:
 
$
142,919
 
$
134,178
 
$
132,609
 
$
142,648
 
$
128,966
 
RATIO OF EARNINGS TO FIXED CHARGES:
   
1.5
   
1.8
   
1.7
   
1.7
   
1.6