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)
Co- Vice Chairman

(Last)

(First)

(Middle)

ONE PENN PLAZA, SUITE 4015

3. Date of Earliest Transaction (Month/Day/Year)
12/28/2006

(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	12/28/2006		A		38,563 ⁽¹⁾	A	$ 0	689,650	D
Common shares	12/29/2006		F		53,818	D	$ 21.94	635,832	D
Common shares								150,204	I	By the Roskind Family Foundation, Inc. ⁽²⁾
Common shares								33,620	I	By The LCP Group L.P. ⁽²⁾

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. ⁽³⁾

$ 0

12/29/2006

41,110

⁽⁴⁾

Common Shares

0 ⁽³⁾

$ 0 ⁽⁵⁾

310,580

By The LCP Group L.P. ⁽²⁾

Ltd. Partnership Units Lepercq Corporate Income Fund L.P. ⁽³⁾

$ 0

12/29/2006

4,810

⁽⁴⁾

Common Shares

0 ⁽³⁾

$ 0 ⁽⁵⁾

398,748

By E. Robert Roskind Family L.P. ⁽²⁾

Ltd. Partnership Units Lepercq Corporate Income Fund L.P. ⁽³⁾

$ 0

12/29/2006

208

⁽⁴⁾

Common Shares

0 ⁽³⁾

$ 0 ⁽⁵⁾

22,329

Ltd. Partnership Units Lepercq Corporate Income Fund L.P. ⁽³⁾

$ 0

12/29/2006

46,128

⁽⁴⁾

Common Shares

0 ⁽³⁾

$ 0 ⁽⁵⁾

46,128

By The Roskind Family Foundation, Inc. ⁽²⁾

Ltd. Partnership Units Lepercq Corporate Income Fund L.P. ⁽³⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

33,957

By Third Lero Corp. ⁽²⁾

Ltd. Partnership Units Lepercq Corporate Income Fund L.P. ⁽³⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

19,231

By ERR Irrevocable Trust ⁽²⁾

Ltd. Partnership Units Lepercq Corporate Income Fund L.P. ⁽³⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

2,299

By Barnes Properties Inc. ⁽²⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽⁶⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

118,049

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽⁶⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

1,000

By The Roskind Family 2005 Trust ⁽²⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽⁶⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

391,366

By The LCP Group L.P. ⁽²⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽⁶⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

100,000

By Wife ⁽⁷⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽⁶⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

33,333

By E. Robert Roskind 2001 Trust ⁽²⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽⁶⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

3,404

By Third Lero Corp. ⁽²⁾

Ltd Partnership Units Lepercq Corporate Income Fund II L.P. ⁽⁶⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

40,000

By E. Robert Roskind Family L.P. ⁽²⁾

Ltd. Partnership Units Net 3 Acquisition L.P. ⁽⁸⁾

$ 0

⁽⁴⁾

Common Shares

0 ⁽³⁾

44,858

By The LCP Group L.P. ⁽²⁾

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		Co- Vice Chairman

Signatures

E. Robert Roskind, by Joseph S. Bonventre, A.I.F.		01/03/2007
^**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).
(1)	Share grant subject to performance and/or time based vesting.
(2)	Mr. Roskind shares voting and investment power with respect to these securities. Mr. Roskind disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
(3)	Limited partnership units in Lepercq Corporate Income Fund L.P. ("LCIF Units"), which are exchangeable into common shares on a one-for-one basis. The LCIF Units do not carry a conversion or exercise price.
(4)	Currently exercisable with no expiration date.
(5)	Units were issued in connection with contribution of property or other assets at negotiated values.
(6)	Limited partnership units in Lepercq Corporate Income Fund II L.P. ("LCIF II Units"), which are exchangeable into common shares on a one-for-one basis. The LCIF II Units do not carry a conversion or exercise price.
(7)	Mr. Roskind disclaims beneficial ownership of the securities except to the extent of his pecuniary interest therein.
(8)	Limited partnership units in Net 3 Acquisition L.P. ("Net 3 Units"), which are exchangeable into common shares on a one-for-one basis. The Net 3 Units do not carry a conversion or exercise price.

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