RESTRICTED STOCK AWARD AGREEMENT

EXHIBIT 10.24.3

RESTRICTED STOCK AWARD AGREEMENT

THIS RESTRICTED STOCK AWARD AGREEMENT (the "Agreement") entered into as

of the day of , , by and between Urstadt Biddle Properties Inc., a Maryland

corporation (the "Company"), and , an individual employed by the Company (the

"Participant").

WITNESSETH:

WHEREAS, the Company has adopted, through appropriate action of

its Board of Directors, the Urstadt Biddle Properties Inc. Amended and

Restated Restricted Stock Award Plan (as amended, the "Plan"); and

WHEREAS, the Company desires to grant a Restricted Stock Award to the

Participant under the Plan on the terms and conditions hereinafter set forth;

and

WHEREAS, the Participant desires to accept such Restricted Stock Award

of the Company subject to the terms and conditions of this Agreement and the

Plan;

NOW, THEREFORE, in consideration of the promises and the mutual

covenants hereinafter contained, and other good and valuable consideration,

receipt of which is hereby acknowledged, the Company and the Participant do

mutually covenant and agree as follows:

1. Grant of Restricted Stock. Subject to the terms and conditions

hereinafter set forth, the Participant is hereby granted a Restricted Stock

Award of ( ) Common Shares, par value $.01 per share, and ( ) Class A Common

Shares, par value $.01 per share, of the Company (collectively the "Restricted

Stock").

2. Issuance of Restricted Stock. The number of shares of Restricted

Stock granted under Section 1 hereof shall be recorded on the books of the

Company in the name of the Participant. The Company shall instruct its stock

transfer agent to place a stop transfer order on the Restricted Stock until such

time as the Restrictions thereon shall lapse. In the event that the Participant

shall forfeit all or any portion of the Restricted Stock, the shares which are

forfeited automatically shall be transferred back to the Company.

3. Vesting. The Participant shall vest in the Restricted Stock Award granted

hereunder, and all Restrictions thereon shall lapse, upon the ( ) anniversary

[insert "fifth" through the "tenth" as instructed by the Compensation Committee]

of the date of grant hereunder if the Participant is still employed by the

Company on that date. Except as provided in Paragraph 4(b) and (c) below, prior

to such anniversary, [conform to above selection] no portion of the Restricted

Stock Award shall be vested.

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4. Termination of Employment During the Restricted Period.

In the event that during the term of the Restricted Period the