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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001215266-07-000002.txt : 20070305
<SEC-HEADER>0001215266-07-000002.hdr.sgml : 20070305
<ACCEPTANCE-DATETIME>20070305140656
ACCESSION NUMBER:		0001215266-07-000002
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070223
FILED AS OF DATE:		20070305
DATE AS OF CHANGE:		20070305

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			REFAC OPTICAL GROUP
		CENTRAL INDEX KEY:			0000082788
		STANDARD INDUSTRIAL CLASSIFICATION:	PATENT OWNERS & LESSORS [6794]
		IRS NUMBER:				131681234
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0131

	BUSINESS ADDRESS:	
		STREET 1:		5 HARMON DRIVE
		CITY:			BLACKWOOD
		STATE:			NJ
		ZIP:			08012
		BUSINESS PHONE:		856-228-0077

	MAIL ADDRESS:	
		STREET 1:		5 HARMON DRIVE
		CITY:			BLACKWOOD
		STATE:			NJ
		ZIP:			08012

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	REFAC
		DATE OF NAME CHANGE:	19990813

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	REFAC TECHNOLOGY DEVELOPMENT CORP
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	RESOURCES & FACILITIES CORP
		DATE OF NAME CHANGE:	19740509

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			BERMAN STEVEN E
		CENTRAL INDEX KEY:			0001215266

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-12776
		FILM NUMBER:		07670652

	BUSINESS ADDRESS:	
		STREET 1:		PALISADE CAPITAL
		STREET 2:		ONE BRIDGE PLAZA NORTH STE 695
		CITY:			FORT LEE
		STATE:			NJ
		ZIP:			07024
		BUSINESS PHONE:		2015857733
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>primary_doc.xml
<DESCRIPTION>PRIMARY DOCUMENT
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2007-02-23</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0000082788</issuerCik>
        <issuerName>REFAC OPTICAL GROUP</issuerName>
        <issuerTradingSymbol>REF</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001215266</rptOwnerCik>
            <rptOwnerName>BERMAN STEVEN E</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>ONE BRIDGE PLAZA, SUITE 695</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>FORT LEE</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07024</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>member of 13(d) group</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $0.001 par value per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>1580</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, $0.001 par value per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>15803315</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Limited Partnership</value>
                    <footnoteId id="F1"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Palisade Concentrated Equity Partnership, L.P. (&quot;PCEP&quot;) is the direct owner of the shares of common stock. Palisade Capital Management, L.L.C. (Palisade&quot;) is an SEC registered investment advisor that has discretionary authority over the accounts of its clients.  Palisade is the investment manager of PCEP, with absolute discretion over PCEP's investment strategy and objectives.   Palisade Concentrated Holdings, L.L.C. (&quot;PCH&quot;) serves as the general partner of PCEP.  PCH may at any time either alone or in collaboration with Palisade take over the making, varying or disposal of PCEP's investments.   Steven E. Berman is the designated managing member of PCH.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>Steven E. Berman</signatureName>
        <signatureDate>2007-03-05</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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