8-K

United States

SECURITIES AND EXCHANGE COMMISSION

Washington, DC  20549

__________________

FORM 8-K

__________________

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  April 18, 2008

Commission File Number 1-12803

URSTADT BIDDLE PROPERTIES INC.

(Exact Name of Registrant in its Charter)

Maryland	04-2458042
(State or other jurisdiction of incorporation or organization)	(I.R.S. Employer Identification Number)
321 Railroad Avenue, Greenwich, CT	06830
(Address of principal executive offices)	(Zip Code)

Registrant's telephone number, including area code:  (203) 863-8200

N/A

(Former Name or Former address, if Changed Since Last Report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

□   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

□   Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12)

□   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

□   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

The Company has announced the acquisition of a 60% interest in a limited partnership that has acquired the Ferry Plaza shopping center in Newark, New Jersey.  An affiliate of the Company is the sole general partner of the limited partnership.  The shopping center, valued at $26.0 million, is subject to an existing first mortgage of $11.9 million and the Company has guaranteed certain obligations of its affiliate to the mortgagee and to the limited partners.

Item 9.01               Financial Statements and Exhibits

The following is filed herewith:

Exhibit 99.1     Press Release dated April 23, 2008

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date:   April 24, 2008	URSTADT BIDDLE PROPERTIES INC.
	(Registrant)
	/s/ James R. Moore
	James R. Moore
	Executive Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.

99.1              Press Release dated April 23, 2008

EX-99.1

For Immediate Release

Contact:                 James Aries, SVP Director of Acquisitions

Willing L. Biddle, President

Urstadt Biddle Properties Inc.

(203) 863-8200

Urstadt Biddle Properties Inc.

Announces the Acquisition of the Ferry Plaza shopping center

In the Ironbound Section of Newark, New Jersey

Greenwich, ConnecticutApril 23, 2008.  Urstadt Biddle Properties Inc. (NYSE: UBA and UBP) announced  today that it has acquired a 60% interest in a newly formed limited partnership that purchased the Ferry Plaza Shopping Center (“Ferry Plaza”) in Newark, New Jersey.  An affiliate of UBP is the sole general partner of the new partnership that owns the property.  The shopping center, valued at $26.0 million, is subject to an existing first mortgage of $11.9 million.  The property was acquired from a group of investors who originally developed the property in 1995.

Ferry Plaza consists of a 100,491 square foot shopping center anchored by a 63,433 square foot Pathmark Supermarket, a division of A&P.  The property is located in the Ironbound section of Newark, New Jersey.  The Ironbound area is densely populated and there are significant barriers to entry, which limits future retail competition.  The shopping center, which is 95% occupied, is leased to national or regional tenants including Blockbuster Video, Rainbow Stores, Dots, GNC, Carvel, Subway and Valley National Bank.

Willing Biddle, President of Urstadt Biddle Properties Inc. said, “We are proud to have added another significant grocery anchored shopping center in northern New Jersey.  The acquisition complements our current grocery anchored shopping centers located in Wayne and Emerson, New Jersey and continues our expansion into that region of the state.  We utilized $8.7 million of the proceeds of our recent successful sale of preferred stock to complete the cash portion of our equity investment in this transaction.”

Urstadt Biddle Properties Inc. is a self-administered equity real estate investment trust providing investors with a means of participating in ownership of income-producing properties with the liquidity of being listed on the New York Stock Exchange since 1969.  UBP owns or has interests in 43 properties containing approximately 4.0 million square feet of space and has paid 154 consecutive quarters of uninterrupted dividends to its shareholders since its inception in 1969.