WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE. <ARTICLE> 5 <CIK> 0001029800 <NAME> Urstadt Biddle Properties <MULTIPLIER> 1 <CURRENCY> US Dollars <PERIOD-TYPE> 9-mos <FISCAL-YEAR-END> Oct-31-2000 <PERIOD-START> May-01-2000 <PERIOD-END> Jul-31-2000 <EXCHANGE-RATE> 1 <CASH> 4,053,000 <SECURITIES> 0 <RECEIVABLES> 3,663,000 <ALLOWANCES> 0 <INVENTORY> 0 <CURRENT-ASSETS> 7,716,000 <PP&E> 202,444,000 <F1> <DEPRECIATION> 34,209,000 <TOTAL-ASSETS> 180,786,000 <CURRENT-LIABILITIES> 1,559,000 <BONDS> 52,101,000 <PREFERRED-MANDATORY> 0 <PREFERRED> 33,462,000 <COMMON> 121,231,000 <OTHER-SE> (32,604,000) <TOTAL-LIABILITY-AND-EQUITY> 180,786,000 <SALES> 0 <TOTAL-REVENUES> 23,283,000 <CGS> 0 <TOTAL-COSTS> 0 <OTHER-EXPENSES> 14,163,000 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 3,183,000 <INCOME-PRETAX> 5,937,000 <INCOME-TAX> 338,000 <F2> <INCOME-CONTINUING> 6,666,000 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 2,360,000 <F3> <NET-INCOME> 4,306,000 <EPS-BASIC> .39 <F4> <EPS-DILUTED> .44 <F4> [EPS-BASIC] .39 <F5> [EPS-DILUTED] .43 <F5> <FN> <F1> This item consists of Real Estate Investment <F2> This item consists of Minority Interest in Consolidated Joint Venture <F3> This item consists of Preferred Stock Dividends <F4> Applicable to Common Shareholders <F5> Applicable to Class A Shareholders </FN>