MELVILLE, N.Y., Jan 29, 2004 (BUSINESS WIRE) -- Reckson Associates Realty Corp. (NYSE: RA) announced today that the Company will be releasing fourth quarter 2003 earnings results after the market close on Thursday, February 26, 2004. In addition, the Company's executive management team led by Chief Executive Officer Scott Rechler, will host a conference call outlining fourth quarter results on Friday, February 27, 2004 at 2:00 p.m. EST. The live conference call will be webcast in a listen-only mode on the Company's web site at www.reckson.com, under the Investor Relations section, with an accompanying slide show presentation outlining the Company's fourth quarter results. The conference call can also be accessed by dialing (800) 553-5260 (internationally (612) 332-0226). No passcode is required.

A replay of the conference call will be available telephonically from February 27, 2004 at 8:00 p.m. EST through March 5, 2004 at 11:59 p.m. EST. The telephone number for the replay is (800) 475-6701, passcode 717617. A replay of the webcast of the conference call will also be available via the Company's web site.

Reckson Associates Realty Corp. is a self-administered and self-managed real estate investment trust (REIT) specializing in the acquisition, leasing, financing, management and development of Class A office properties.

Reckson's core growth strategy is focused on the markets surrounding and including New York City. The Company is one of the largest publicly traded owners, managers and developers of Class A office properties in the New York Tri-State area, with 87 properties comprised of approximately 15.6 million square feet either owned or controlled, or under contract. For additional information on Reckson Associates Realty Corp., please visit the Company's web site at www.reckson.com.

SOURCE: Reckson Associates Realty Corp.

Reckson Associates Realty Corp.
Scott Rechler, CEO
Michael Maturo, CFO
631-694-6900
Fax: 631-622-6790

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