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 
  
 Date of Report (Date of Earliest Event Reported):  November 9, 1998
                                                   (November 2, 1998)  
  

                          TOWER REALTY TRUST, INC. 
  --------------------------------------------------------------------------
           (Exact name of registrant as specified in its charter) 
  
  
     Maryland                      I-13375                   13-3938558 
  --------------------------------------------------------------------------
  (State or other        (Commission File Number)         (I.R.S. Employer 
  jurisdiction of                                        Identification No.) 
  incorporation)                                               
  
  
  292 Madison Avenue 
  3rd Floor 
  New York, New York                                            10017 
  --------------------------------------------------------------------------
  (Address of principal executive offices)                    (Zip Code) 
  
  
                               (212) 448-1864 
  --------------------------------------------------------------------------
            (Registrant's telephone number, including area code) 
  
  
                                    N/A 
  --------------------------------------------------------------------------
       (Former name or former address, if changed since last report) 
  
  
  

 Item 5.   Other Events. 
  
           On November 2, 1998, Tower Realty Trust, Inc. ("Tower") issued
 two press releases (the "Press Releases"), copies of which are filed
 herewith as Exhibits 99.1 and 99.2 respectively, and incorporated herein by
 reference. 
  
           This Current Report on Form 8-K and the Press Releases contain
 "forward looking statements" within the meaning of the safe harbor
 provisions of the Private Securities Litigation Reform Act of 1995, which
 involves certain risks and uncertainties, including, without limitation,
 statements relating to litigation, the timing and success of acquisitions,
 the ability to lease vacant space and the ability to renew or relet space
 under expiring leases.  Although Tower believes that the expectations
 reflected in such forward-looking statements are based on reasonable
 assumptions, the actual results may differ materially from those set forth
 in the forward-looking statements. Certain factors that might cause such
 differences include general economic conditions, general real estate
 industry risks, tenant defaults and bankruptcies, loss of major tenants,
 the impact of competition, uncertainties inherent in the litigation and
 acquisition, redevelopment and development risks.  Consequently, such
 forward-looking statements should be regarded solely as reflections of the
 Tower's current operating and development plans and estimates.  These plans
 and estimates are subject to revision from time to time as additional
 information becomes available, and actual results may differ from those
 indicated in the referenced statements. 

 Item 7.   Financial Statements and Exhibits. 
  
      (c)  Exhibits. 
  
           Exhibit 99.1  -     Press Release of Tower Realty Trust, Inc.,
                               dated November 2, 1998. 
  
           Exhibit 99.2  -     Press Release of Tower Realty Trust, Inc.,
                               dated November 2, 1998. 



  
                                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. 
  
  
                                        Tower Realty Trust, Inc. 
  
  
                                        By: /s/ Lester S. Garfinkel
                                          ---------------------------------
                                          Chief Financial Officer and 
                                          Executive Vice President for  
                                          Finance & Administration 
                          
  
 Dated:  November 9, 1998 



                              EXHIBIT INDEX 
  
  
 Exhibit No.         Description 
 -----------         -----------
      99.1  -        Press Release of Tower Realty Trust, Inc., dated
                     November 2, 1998. 
  
      99.2  -        Press Release of Tower Realty Trust, Inc., dated
                     November 2, 1998
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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 
  
 Date of Report (Date of Earliest Event Reported):  November 9, 1998
                                                   (November 2, 1998)  
  

                          TOWER REALTY TRUST, INC. 
  --------------------------------------------------------------------------
           (Exact name of registrant as specified in its charter) 
  
  
     Maryland                      I-13375                   13-3938558 
  --------------------------------------------------------------------------
  (State or other        (Commission File Number)         (I.R.S. Employer 
  jurisdiction of                                        Identification No.) 
  incorporation)                                               
  
  
  292 Madison Avenue 
  3rd Floor 
  New York, New York                                            10017 
  --------------------------------------------------------------------------
  (Address of principal executive offices)                    (Zip Code) 
  
  
                               (212) 448-1864 
  --------------------------------------------------------------------------
            (Registrant's telephone number, including area code) 
  
  
                                    N/A 
  --------------------------------------------------------------------------
       (Former name or former address, if changed since last report) 
  
  
  

 Item 5.   Other Events. 
  
           On November 2, 1998, Tower Realty Trust, Inc. ("Tower") issued
 two press releases (the "Press Releases"), copies of which are filed
 herewith as Exhibits 99.1 and 99.2 respectively, and incorporated herein by
 reference. 
  
           This Current Report on Form 8-K and the Press Releases contain
 "forward looking statements" within the meaning of the safe harbor
 provisions of the Private Securities Litigation Reform Act of 1995, which
 involves certain risks and uncertainties, including, without limitation,
 statements relating to litigation, the timing and success of acquisitions,
 the ability to lease vacant space and the ability to renew or relet space
 under expiring leases.  Although Tower believes that the expectations
 reflected in such forward-looking statements are based on reasonable
 assumptions, the actual results may differ materially from those set forth
 in the forward-looking statements. Certain factors that might cause such
 differences include general economic conditions, general real estate
 industry risks, tenant defaults and bankruptcies, loss of major tenants,
 the impact of competition, uncertainties inherent in the litigation and
 acquisition, redevelopment and development risks.  Consequently, such
 forward-looking statements should be regarded solely as reflections of the
 Tower's current operating and development plans and estimates.  These plans
 and estimates are subject to revision from time to time as additional
 information becomes available, and actual results may differ from those
 indicated in the referenced statements. 

 Item 7.   Financial Statements and Exhibits. 
  
      (c)  Exhibits. 
  
           Exhibit 99.1  -     Press Release of Tower Realty Trust, Inc.,
                               dated November 2, 1998. 
  
           Exhibit 99.2  -     Press Release of Tower Realty Trust, Inc.,
                               dated November 2, 1998. 

  
                                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. 
  
  
                                        Tower Realty Trust, Inc. 
  
  
                                        By: /s/ Lester S. Garfinkel
                                          ---------------------------------
                                          Chief Financial Officer and 
                                          Executive Vice President for  
                                          Finance & Administration 
                          
  
 Dated:  November 9, 1998 

                              EXHIBIT INDEX 
  
  
 Exhibit No.         Description 
 -----------         -----------
      99.1  -        Press Release of Tower Realty Trust, Inc., dated
                     November 2, 1998. 
  
      99.2  -        Press Release of Tower Realty Trust, Inc., dated
                     November 2, 1998