FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
CALI JOHN R
   2. Issuer Name and Ticker or Trading Symbol
MACK CALI REALTY CORP [CLI] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
C/O MACK-CALI REALTY CORPORATION, 343 THORNALL STREET		 3. Date of Earliest Transaction (Month/Day/Year)
12/05/2007
(Street)

EDISON, NJ 08837		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/05/2007   S   2,200 D $ 34.7 165,611 D  
Common Stock 12/05/2007   S   1,100 D $ 34.71 164,511 D  
Common Stock 12/05/2007   S   2,600 D $ 34.73 161,911 D  
Common Stock 12/05/2007   S   2,300 D $ 34.74 159,611 D  
Common Stock 12/05/2007   S   1,700 D $ 34.75 157,911 D  
Common Stock 12/05/2007   S   3,700 D $ 34.76 154,211 D  
Common Stock 12/05/2007   S   300 D $ 34.7601 153,911 D  
Common Stock 12/05/2007   S   400 D $ 34.77 153,511 D  
Common Stock 12/05/2007   S   1,500 D $ 34.78 152,011 D  
Common Stock 12/05/2007   S   1,200 D $ 34.79 150,811 D  
Common Stock 12/05/2007   S   6,523 D $ 34.8 144,288 D  
Common Stock 12/05/2007   S   2,177 D $ 34.8001 142,111 D  
Common Stock 12/05/2007   S   1,000 D $ 34.81 141,111 D  
Common Stock 12/05/2007   S   3,100 D $ 34.82 138,011 D  
Common Stock 12/05/2007   S   1,600 D $ 34.8201 136,411 D  
Common Stock 12/05/2007   S   700 D $ 34.83 135,711 D  
Common Stock 12/05/2007   S   700 A $ 34.8301 135,011 D  
Common Stock 12/05/2007   S   1,600 D $ 34.84 133,411 D  
Common Stock 12/05/2007   S   500 D $ 34.8401 132,911 D  
Common Stock 12/05/2007   S   100 A $ 34.86 132,811 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
CALI JOHN R
C/O MACK-CALI REALTY CORPORATION
343 THORNALL STREET
EDISON, NJ 08837		   X      

Signatures

 /s/ John R. Cali   12/07/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
 
Remarks:
The 35,000 shares of Mack-Cali Realty Corporation common stock sold by the reporting person represent a portion of the 87,030 shares inherited by the reporting person on October 19, 2007 and are being sold for estate planning purposes.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.