Exhibit 12.2

MACK-CALI REALTY CORPORATION
 CALCULATION OF RATIOS OF EARNINGS TO COMBINED FIXED CHARGES AND
 PREFERRED SECURITY DIVIDENDS

 (DOLLAR AMOUNTS IN THOUSANDS)

Mack-Cali Realty Corporation's ratios of earnings to combined fixed charges and preferred security dividends for each of the five years ended December 31, 2015 were as follows:


 
For the Year Ended December 31,
 
2015
2014
2013
2012
2011
EARNINGS:
         
ADD:
         
Income (loss) from continuing operations before
         
noncontrolling interest and equity in
         
earnings from unconsolidated joint ventures
$ (138,880)
$   33,814
$ ( 87,359)
$   33,477
$   57,477
Fixed charges (see calculation below)
119,403
128,483
136,721
126,516
125,074
Amortization of capitalized interest
2,774
2,440
2,154
1,981
1,913
Distributed income of unconsolidated joint ventures
5,644
11,213
8,485
3,990
3,301
SUBTRACT:
         
Capitalized interest
(16,217)
(15,470)
(12,885)
(4,342)
(1,081)
TOTAL EARNINGS:
$   (27,276)
$ 160,480
$   47,116
$ 161,622
$ 186,684
FIXED CHARGES:
         
Interest expense (includes amortization of deferred financing costs)
$  103,051
$ 112,878
$ 123,701
$ 122,039
$ 123,858
Capitalized interest
16,217
15,470
12,885
4,342
1,081
Interest portion (33 percent) of ground rents on land leases
135
135
135
135
135
TOTAL FIXED CHARGES:
$  119,403
$ 128,483
$ 136,721
$ 126,516
$ 125,074
Preferred stock dividends
-
-
-
-
1,736
TOTAL COMBINED FIXED CHARGES AND PREFERRED
         
SECURITY DIVIDENDS:
$  119,403
$ 128,483
$ 136,721
$ 126,516
$ 126,810
RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND
         
PREFERRED SECURITY DIVIDENDS:
           (a)
           1.2
           (a)
           1.3
           1.5
           
(a) Deficiency of earnings to cover combined fixed charges and preferred security dividends for the years ended December 31, 2015 and 2013, respectively.
$ (146,679)
-
$  (89,605)
-
-