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 *
URSTADT CHARLES J
  2. Issuer Name and Ticker or Trading Symbol
URSTADT BIDDLE PROPERTIES INC [UBP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director __X__ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Chairman of the Board and CEO
(Last)
(First)
(Middle)
2 PARK PLACE
3. Date of Earliest Transaction (Month/Day/Year)
10/16/2008
(Street)

BRONXVILLE, NY 10708
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ 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)
Code V Amount (A) or (D) Price
Common Stock 01/18/2008   J   9,108 (1) A $ 14.995 3,108,476 (4) I See footnote (5)
Common Stock 01/18/2008   J   120 (2) A $ 14.995 3,108,596 (4) I See footnote (5)
Common Stock 04/18/2008   J   8,365 (1) A $ 16.578 3,116,961 (4) I See footnote (5)
Common Stock 04/18/2008   J   110 (2) A $ 16.578 3,117,071 (4) I See footnote (5)
Common Stock 07/18/2008   J   8,887 (1) A $ 15.8062 3,125,958 (4) I See footnote (5)
Common Stock 07/18/2008   J   117 (2) A $ 15.8062 3,126,075 (4) I See footnote (5)
Common Stock 10/16/2008   P   3,100 A $ 13.5145 (3) 3,129,175 (4) I See footnote (5)

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 V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
URSTADT CHARLES J
2 PARK PLACE
BRONXVILLE, NY 10708
  X   X   Chairman of the Board and CEO  
URSTADT PROPERTY CO INC
2 PARK PLACE
BRONXVILLE, NY 10708
      Joint Filer

Signatures

 Charles J. Urstadt by Willing L. Biddle as Attorney in Fact   10/20/2008
**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) Those shares of Common Stock of which Mr. Urstadt is the indirect beneficial owner and which are owned by Urstadt Realty Shares II L.P. ("URS II"), a Delaware limited partnership of which Mr. Urstadt is the limited partner and Urstadt Property Company, Inc. (a Delaware corporation of which Mr. Urstadt is a controlling shareholder) ("UPCO") is the general partner, are subject to automatic reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On January 18, 2008, April 18, 2008, and July 18, 2008, dividends on these shares were paid and automatically reinvested in additional Common Stock in the amounts of 9,107.3629 shares, 8,365.0149 shares, and 8,887.0188 shares, respectively.
(2) Those shares of Common Stock of which Mr. Urstadt is the indirect beneficial owner, and which are owned by the Trust Established Under the Urstadt Biddle Properties Inc. Excess Benefits and Deferred Compensation Plan (the "Compensation Plan Trust"), are subject to automatic reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On January 18, 2008, April 18, 2008, and July 18, 2008, dividends on these shares were paid and automatically reinvested in additional Common Stock for the benefit of Mr. Urstadt by the Compensation Plan Trust in the amounts of 120.1563 shares, 110.2413 shares, and 117.1236 shares, respectively.
(3) On October 16, 2008, UPCO purchased 3,100 shares of Common Stock at prices ranging from $13.29 to $13.67 per share, with a weighted average price of $13.5145. Upon a request by the Commission, the Issuer, or a shareholder of the Issuer, full information regarding the number of shares purchased and the separate prices at which they were purchased will be provided.
(4) This figure includes 372,008 restricted shares of Common Stock that were issued pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan, and which are held by URS II, as reported on previously filed Forms 4 and 5.
(5) Mr. Urstadt, individually, is not the direct beneficial owner of any shares of Common Stock of the Issuer, but when aggregating the 662,333 shares of Common Stock held by URS II (including the 372,008 restricted shares referenced in Footnote (4)), the 535,809 shares of Common Stock held by UPCO, the 21,300 shares of Common Stock held by Elinor Urstadt, Mr. Urstadt's wife, the 8,728 shares of Common Stock held by the Compensation Plan Trust for the benefit of Mr. Urstadt and the 1,901,006 shares of Common Stock held by Urstadt Realty Associates Co. LP, a Delaware limited partnership, of which UPCO is the general partner and Mr. Urstadt, Mrs. Urstadt, the Catherine U. Biddle Irrevocable Trust and the Charles D. Urstadt Irrevocable Trust (for each of which trusts Mr. Urstadt is the sole trustee) are the limited partners, results in Mr. Urstadt beneficially owning 3,129,175 shares of Common Stock.

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