content: -------------------------------------------------------------------------------
  
  
                         SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C. 20549
  
                            ----------------------------
                                      FORM 8-K
                            ----------------------------
  
  
                                   CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF THE
                          SECURITIES EXCHANGE ACT OF 1934
  
  
                                    July 15, 2004
                  ------------------------------------------------
                  Date of report (Date of earliest event reported)
  
  
  
  
                                ATLANTIC REALTY TRUST
               (Exact name of registrant as specified in its charter)
  
  <TABLE>
  <CAPTION>
  <S>                             <C>                          <C>
  
            Maryland                     0-27562                    13-3849655
  ----------------------------   --------------------------   -----------------------
  (State or other jurisdiction    (Commission File Number)       (I.R.S. Employer
  of incorporation)                                             Identification Number)
  
  </TABLE>
  
  
                        747 Third Avenue, New York, NY 10017
                 ---------------------------------------------------
                 (Address of principal executive offices) (Zip Code)
  
  
  
                                    212-702-8561
                 --------------------------------------------------
                 Registrant's telephone number, including area code
  
  
  
            ------------------------------------------------------------
            Former name or former address, if changed since last report)
  
  
  
  -------------------------------------------------------------------------------
  
  <PAGE>
  
  
  
  
  
  Item 5.    OTHER ITEMS.
  
           On July 15, 2004, Atlantic Realty Trust (the "Trust") reported that it
  has entered in a letter of intent with a major retailer for the lease of
  approximately 104,000 square feet of building space in the Hylan Plaza Shopping
  Center. The lease if consummated, will (i) run for a period of thirty years,
  (ii) contain additional lease renewal rights and (iii) have rent rates
  comparable to current market rents. There can, however, be no assurance that the
  parties will enter into the lease.
  
           Incorporated by reference is a press release issued by the Trust on
  July 15, 2004 which is attached hereto as Exhibit 1.1.
  
  
  
  
  
  <PAGE>
  
  
  
                                     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.
  
  
  
                                        ATLANTIC REALTY TRUST
  
  
  
  Date:    July 15, 2004               By:/s/ Edwin R. Frankel
                                          --------------------------------------
                                          Name:  Edwin R. Frankel
                                          Title: Executive Vice President,
                                                 Chief Financial Officer,
                                                 Secretary and Principal
                                                 Financial and Accounting Officer
  
  
  
  <PAGE>
  
  
  
                                    EXHIBIT INDEX
  
  Exhibit
  Number     Description
  -------    -----------
  
   1.1       Press Release issued by the Company on July 15, 2004
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "e290988v1.txt", "secsgml_size_bytes": 3513}]
metadata_filer: {"company-data": {"conformed-name": "ATLANTIC REALTY TRUST", "cik": "0000948975", "assigned-sic": "6798", "irs-number": "133849655", "state-of-incorporation": "CA", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27198", "film-number": "04916076"}, "business-address": {"street1": "747 THIRD AVE", "city": "NEW YORK", "state": "NY", "zip": "10017", "phone": "2123551255"}, "mail-address": {"street1": "747 THIRD AVE", "city": "NEW YORK", "state": "NY", "zip": "10017"}}
text: -------------------------------------------------------------------------------
  
                         SECURITIES AND EXCHANGE COMMISSION
                               WASHINGTON, D.C. 20549
  
                            ----------------------------
                                      FORM 8-K
                            ----------------------------
  
                                   CURRENT REPORT
                       PURSUANT TO SECTION 13 OR 15(d) OF THE
                          SECURITIES EXCHANGE ACT OF 1934
  
                                    July 15, 2004
                  ------------------------------------------------
                  Date of report (Date of earliest event reported)
  
                                ATLANTIC REALTY TRUST
               (Exact name of registrant as specified in its charter)
  Maryland                     0-27562                    13-3849655
  ----------------------------   --------------------------   -----------------------
  (State or other jurisdiction    (Commission File Number)       (I.R.S. Employer
  of incorporation)                                             Identification Number)
  747 Third Avenue, New York, NY 10017
                 ---------------------------------------------------
                 (Address of principal executive offices) (Zip Code)
  
                                    212-702-8561
                 --------------------------------------------------
                 Registrant's telephone number, including area code
  
            ------------------------------------------------------------
            Former name or former address, if changed since last report)
  
  -------------------------------------------------------------------------------
  Item 5.    OTHER ITEMS.
  
           On July 15, 2004, Atlantic Realty Trust (the "Trust") reported that it
  has entered in a letter of intent with a major retailer for the lease of
  approximately 104,000 square feet of building space in the Hylan Plaza Shopping
  Center. The lease if consummated, will (i) run for a period of thirty years,
  (ii) contain additional lease renewal rights and (iii) have rent rates
  comparable to current market rents. There can, however, be no assurance that the
  parties will enter into the lease.
  
           Incorporated by reference is a press release issued by the Trust on
  July 15, 2004 which is attached hereto as Exhibit 1.1.
  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.
  
                                        ATLANTIC REALTY TRUST
  
  Date:    July 15, 2004               By:/s/ Edwin R. Frankel
                                          --------------------------------------
                                          Name:  Edwin R. Frankel
                                          Title: Executive Vice President,
                                                 Chief Financial Officer,
                                                 Secretary and Principal
                                                 Financial and Accounting Officer
  EXHIBIT INDEX
  
  Exhibit
  Number     Description
  -------    -----------
  
   1.1       Press Release issued by the Company on July 15, 2004