Exhibit 31.2

                         RECKSON ASSOCIATES REALTY CORP.
          CERTIFICATION OF MICHAEL MATURO, EXECUTIVE VICE PRESIDENT AND
          CHIEF FINANCIAL OFFICER OF RECKSON ASSOCIATES REALTY CORP.,
                     PURSUANT TO RULE 13A-14(A)/15(D)-14(A)

I, Michael Maturo, certify that:

1.      I have reviewed this current report on Form 8-K of Reckson Associates
        Realty Corp.;

2.      Based on my knowledge, this report does not contain any untrue statement
        of a material fact or omit to state a material fact necessary to make
        the statements made, in light of the circumstances under which such
        statements were made, not misleading with respect to the period covered
        by this report;

3.      Based on my knowledge, the financial statements, and other financial
        information included in this report, fairly present in all material
        respects the financial condition, results of operations and cash flows
        of the Registrant as of, and for, the periods presented in this report;

4.      The Registrant's other certifying officers and I are responsible for
        establishing and maintaining disclosure controls and procedures (as
        defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the
        Registrant and we have:

        a)     designed such disclosure controls and procedures, or caused such
               disclosure controls and procedures to be designed under our
               supervision, to ensure that material information relating to the
               Registrant, including its consolidated subsidiaries, is made
               known to us by others within those entities, particularly during
               the period in which this report is being prepared;

        b)     evaluated the effectiveness of the Registrant's disclosure
               controls and procedures and presented in our periodic reports our
               conclusion about the effectiveness of the disclosure controls and
               procedures, as of the end of the period covered by such reports
               based on such evaluation; and

        c)     disclosed in our periodic reports any change in the Registrant's
               internal control over financial reporting that occurred during
               the Registrant's most recent fiscal quarter (the Registrant's
               fourth fiscal quarter in the case of an annual report) that had
               materially affected, or was reasonably likely to materially
               affect, the Registrant's internal control over financial
               reporting;

5.      The Registrant's other certifying officers and I have disclosed, based
        on our most recent evaluation of internal control over financial
        reporting, to the Registrant's auditors and the audit committee of the
        Registrant's board of directors (or persons performing the equivalent
        functions):

        a)     all significant deficiencies and material weaknesses in the
               design or operation of internal control over financial reporting
               which are reasonably likely to adversely affect the Registrant's
               ability to record, process, summarize and report financial
               information; and


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        b)     any fraud, whether or not material, that involves management or
               other employees who have a significant role in the Registrant's
               internal control over financial reporting.

Date:  January 15, 2004

                                    /s/ Michael Maturo
                                    --------------------------------------------
                                    Michael Maturo
                                    Executive Vice President and Chief Financial
                                    Officer






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