Edgar Filing: ROSKIND E ROBERT

Ownership Submission

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, Section 17(a) of the Public Utility Holding Company Act of 1935 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 ^*

ROSKIND E ROBERT

2. Issuer Name and Ticker or Trading Symbol
LEXINGTON CORPORATE PROPERTIES TRUST [LXP]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	_____ 10% Owner
__X__ Officer (give title below)	_____ Other (specify below)
Chairman of the Board

(Last)

(First)

(Middle)

ONE PENN PLAZA, SUITE 4015

3. Date of Earliest Transaction (Month/Day/Year)
01/17/2006

(Street)

NEW YORK, NY 10119-4015

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)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common shares	01/17/2006		M		50,204	A	$ 0	150,204	I	By The Roskind Family Foundation, Inc. ⁽⁶⁾
Common shares								578,947 ⁽¹⁸⁾	D
Common shares								33,620	I	By The LCP Group L.P. ⁽⁶⁾

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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Ltd Partnership Units Lepercq Corporate Income Fund L.P. ⁽¹⁾

$ 0

12/31/2005

50,204

⁽²⁾

⁽³⁾

Common Shares

0 ⁽¹⁾

$ 0 ⁽⁴⁾

By The Roskind Family Foundation, Inc. ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund L.P. ⁽¹⁾

$ 0

⁽²⁾

⁽³⁾

Common Shares

0 ⁽¹⁾

351,690 ⁽⁵⁾

By The LCP Group L.P. ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund L.P. ⁽¹⁾

$ 0

⁽⁷⁾

⁽³⁾

Common Shares

0 ⁽¹⁾

22,537 ⁽⁷⁾

Ltd Partnership Units Lepercq Corporate Income Fund L.P. ⁽¹⁾

$ 0

⁽⁸⁾

⁽³⁾

Common Shares

0 ⁽¹⁾

403,558 ⁽⁸⁾

By E. Robert Roskind Family L.P. ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund L.P. ⁽¹⁾

$ 0

⁽⁹⁾

⁽³⁾

Common Shares

0 ⁽¹⁾

33,957 ⁽⁹⁾

By Third Lero Corp. ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund L.P. ⁽¹⁾

$ 0

⁽¹⁰⁾

⁽³⁾

Common Shares

0 ⁽¹⁾

19,231 ⁽¹⁰⁾

By ERR Irrevocable Trust ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund L.P. ⁽¹⁾

$ 0

⁽¹¹⁾

⁽³⁾

Common Shares

0 ⁽¹⁾

2,299 ⁽¹¹⁾

By Barnes Properties, Inc. ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽¹²⁾

$ 0

⁽¹³⁾

⁽³⁾

Common Shares

0 ⁽¹²⁾

118,049 ⁽¹³⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽¹²⁾

$ 0

⁽¹⁴⁾

⁽³⁾

Common Shares

0 ⁽¹²⁾

1,000 ⁽¹⁴⁾

By The Roskind Family 2005 Trust ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽¹²⁾

$ 0

⁽¹⁴⁾

⁽³⁾

Common Shares

0 ⁽¹²⁾

391,366 ⁽¹⁴⁾

By The LCP Group L.P. ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽¹²⁾

$ 0

⁽¹⁴⁾

⁽³⁾

Common Shares

0 ⁽¹²⁾

100,000 ⁽¹⁴⁾

By Wife ⁽¹⁵⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽¹²⁾

$ 0

⁽¹⁶⁾

⁽³⁾

Common Shares

0 ⁽¹²⁾

33,333 ⁽¹⁶⁾

By E. Robert Roskind 2001 Trust ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽¹²⁾

$ 0

⁽¹⁶⁾

⁽³⁾

Common Shares

0 ⁽¹²⁾

3,404 ⁽¹⁶⁾

By Third Lero Corp. ⁽⁶⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽¹²⁾

$ 0

⁽¹⁴⁾

⁽³⁾

Common Shares

0 ⁽¹²⁾

40,000 ⁽¹⁴⁾

By E. Robert Roskind Family L.P. ⁽⁶⁾

Ltd Partnership Units Net 3 Acquisition L.P. ⁽¹⁷⁾

$ 0

⁽¹⁷⁾

⁽³⁾

Common Shares

0 ⁽¹⁷⁾

44,858 ⁽¹⁷⁾

By The LCP Group L.P. ⁽⁶⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
ROSKIND E ROBERT ONE PENN PLAZA, SUITE 4015 NEW YORK, NY 10119-4015	X		Chairman of the Board

Signatures

E. Robert Roskind, by Joseph S. Bonventre, A.I.F.		01/19/2006
^**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).
(1)	Limited Partnership Units in Lepercq Corporate Income Fund L.P. ("LCIF Units"), which are exchangeable into common shares of the Trust on a one-for-one basis. The LCIF Units do not carry a conversion or exercise price.
(2)	These LCIF Units became exchangeable on 5/22/98 and are exchangeable each January 15th thereafter.
(3)	There is no expiration date.
(4)	These LCIF Units were originally issued pursuant to a contribution of limited partnership interests at a value based upon the property owned by such limited partnership.
(5)	Consists of (i) 28,057 LCIF Units, which became exchangeable on 10/12/93; (ii) 41,110 LCIF Units, which became exchangeable on 1/15/99 and are exchangeable each anniversary thereafter; (iii) 86,014 LCIF Units, which became exchangeable on 12/1/99 and are exchangeable each quarter anniversary thereafter; (iv) 83,400 LCIF Units, which became exchangeable on 5/1/00 and are exchangeable each quarter anniversary thereafter; (v) 91,137 LCIF Units, which become exchangeable on 1/15/06 and are exchangeable each quarter anniversary thereafter; and (vi) 21,972 LCIF Units, which become exchangeable on 5/1/06 and are exchangeable each quarter anniversary thereafter.
(6)	Mr. Roskind shares voting and investment power with respect to these derivative securities. Mr. Roskind disclaims beneficial ownership of the reported derivative securities except to the extenet of his pecuniary interest therein.
(7)	Consists of (i) 1,428 LCIF Units, which became exchangeable on 11/2/04 and are exchangeable each anniversary thereafter; (ii) 208 LCIF Units, which become exchangeable on 1/15/06 and are exchangeable each anniversary thereafter; (iii) 872 LCIF Units, which become exchangeable on 2/1/06 and are exchangeable each anniversary thereafter; (iv) 17,010 LCIF Units, which become exchangeable on 1/15/06 and are exchangeable each quarter end anniversary thereafter; and (v) 3,019 LCIF Units, which become exchangeable on 5/1/06 and are exchangeable each quarter end anniversary thereafter.
(8)	Consists of (i) 41,813 LCIF Units, which became exchangeable on 10/12/93; (ii) 4,245 LCIF Units, which became exchangeable on 5/22/98 and are exchangeable each January 15th thereafter; (iii) 565 LCIF Units, which became exchangeable on 1/15/99 and are exchangeable each anniversary thereafter; and (iv) 356,935 LCIF Units, which became exchangeable on 1/15/99 and are exchangeable each quarter anniversary thereafter.
(9)	These LCIF Units became exchangeable on 1/15/99 and are exchangeable each quarter end anniversary thereafter.
(10)	These LCIF units became exchangeable on 12/1/99 and are exchangeable each quarter anniversary thereafter.
(11)	Consists of (i) 1,428 LCIF Units, which became exchangeable on 11/2/04 and are exchangeable each anniversary thereafter; and (ii) 871 LCIF Units, which become exchangeable on 2/1/06 and are exchangeable each anniversary thereafter.
(12)	Limited Partnership Units in Lepercq Corporate Income Fund II L.P. ("LCIF II Units"), which are exchangeable at certain times into common shares of Lexington Corporate Properties Trust (the "Trust") on a one-for-one basis.
(13)	Consists of (i) 21,443 LCIF II units, which became exchangeable on 10/12/93, (ii) 74,306 LCIF II Units, which became exchangeable on 1/15/99 and are exchangeable each quarter anniversary thereafter, and (iii) 22,300 LCIF II Units, which became exchangeable on 9/1/99 and are exchangeable each quarter anniversary thereafter.
(14)	Consists of (i) 14,914 LCIF II Units, which became exchangeable on 10/12/93; and (ii) 376,452 LCIF II Units, which became exchangeable on 9/1/99 and are exchangeable each quarter anniversary thereafter.
(15)	Mr. Roskind disclaims beneficial ownership of the reported derivative securities except to the extent of his pecuniary interest therein.
(16)	These LCIF II Units became exchangeable on 9/1/99 and are exchangeable each quarter anniversary thereafter.
(17)	Limited Partnership Units in Net 3 Acquisition L.P. (the "Net 3 Units"), which become exchangeable on 11/27/06, and are exchangeable each quarter anniversary thereafter, into common shares of the Trust on a one-for-one basis. The Net 3 Units do not carry a conversion or exercise price.
(18)	Includes 14,418 Common Shares acquired pursuant to an issuer sponsored Dividend Reinvestment Plan on various dates since 11/19/99.

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