Mack Cali Realty L P 8-K Entry into a Material Definitive Agreement

Exhibit 12.2

MACK-CALI REALTY, L.P.
CALCULATION OF RATIOS OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED SECURITY DIVIDENDS
(DOLLAR AMOUNTS IN THOUSANDS)

        Mack-Cali Realty, L.P.‘s ratios of earnings to combined fixed charges and preferred security dividends for the five years ended December 31, 2004 were as follows:

	For the Year Ended December 31,
	2004		2003		2002		2001		2000
EARNINGS:
ADD:
Income from continuing operations before
minority interest and equity in earnings from
unconsolidated joint ventures	129,992		129,662		150,464		159,083		129,346
Fixed charges (see calculation below)	114,218		123,935		127,936		128,981		117,199
Distributed income of unconsolidated
joint ventures	1,411		11,405		14,793		9,004		8,055
SUBTRACT:
Capitalized interest	(3,920	)	(7,285	)	(19,664	)	(16,722	)	(11,524	)
Minority interest in pre-tax income of
consolidated subsidiaries that have not
incurred fixed charges	--		--		--		--		(5,072	)
TOTAL EARNINGS:	$ 241,701		$ 257,717		$ 273,529		$ 280,346		$ 238,004
FIXED CHARGES:
Interest expense (includes amortization of deferred
financing costs)	110,104		116,311		107,823		112,003		105,394
Capitalized interest	3,920		7,285		19,664		16,722		11,524
Interest portion (33 percent) of ground rents on land
leases	194		339		449		256		281
TOTAL FIXED CHARGES:	$ 114,218		$ 123,935		$ 127,936		$ 128,981		$ 117,199
PREFERRED UNIT DISTRIBUTIONS:
Preferred unit distributions - Series B	15,636		15,668		15,656		15,644		15,441
Preferred unit distributions - Series C	2,000		1,672		--		--		--
TOTAL PREFERRED UNIT DISTRIBUTIONS:	17,636		17,340		15,656		15,644		15,441
Total combined fixed charges and preferred unit distributions	$ 131,854		$ 141,275		$ 143,592		$ 144,625		$ 132,640
RATIO OF EARNINGS TO COMBINED FIXED
CHARGES AND PREFERRED UNIT DISTRIBUTIONS:	1.8		1.8		1.9		1.9		1.8