MELVILLE, N.Y.--(BUSINESS WIRE)--July 7, 2006--Reckson Associates Realty Corp. (NYSE: RA) announced today that the Company will be releasing second quarter 2006 earnings results after the market close on August 2, 2006. In addition, the Company's executive management team led by Chief Executive Officer Scott Rechler, will host a conference call outlining second quarter results on August 3, 2006 at 11:00 a.m. ET. The conference call can be accessed by dialing (800) 553-0288 (internationally (612) 332-0418). No passcode is required. The live conference call will also be webcast in a listen-only mode on the Company's web site at www.reckson.com, in the Investor Relations section, with an accompanying slide show presentation outlining the Company's second quarter results.

A replay of the conference call will be available telephonically from August 3, 2006 at 4:30 p.m. ET through August 11, 2006 at 11:59 p.m. ET. The telephone number for the replay is (800) 475-6701, passcode 834316. A replay of the webcast of the conference call will also be available via the Company's web site.

Reckson 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 properties located in New York City and the surrounding Tri-State area markets. 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, and wholly owns, has substantial interests in, or has under contract, a total of 101 properties comprised of approximately 20.2 million square feet. For additional information on Reckson, please visit the Company's web site at www.reckson.com.

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

SOURCE: Reckson Associates Realty Corp.