<html>
<head><title>
Prepared and filed by St Ives Financial
</title>
</head>
<body bgcolor="#FFFFFF"> <page>
<p align="center"><font size="2" face="serif"><b>UNITED STATES<br>
</b></font><font size="2" face="serif"><b>SECURITIES AND EXCHANGE COMMISSION<br>
</b></font><font size="2" face="serif"><b>Washington, D.C. 20549<br>
</b></font><font size="2" face="serif"><b>_____________________</b></font></p>
<p align="center"><b><font face="serif" size="5">FORM 8-K</font></b></p>
<p align="center"><font size="2" face="serif"><b>CURRENT REPORT<br>
</b></font><font size="2" face="serif"><b>Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934</b></font></p>
<p align="center"><font size="2" face="serif">Date of Report (Date of earliest event reported):  December 17, 2006</font></p>
<p align="center"><font size="2" face="serif">_____________________</font></p>
<p align="center"><b><font face="serif" size="6">Feldman Mall Properties, Inc.<br>
</font></b><font size="2" face="serif">(Exact name of registrant as specified in its charter)</font></p>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
<td width="33%" align="left"><div align="center"><font size="2" face="serif"><b>Maryland</b></font></div></td>
<td width="33%" align="right"><div align="center"><font size="2" face="serif"><b>001-32365</b></font></div></td>
<td width="33%" align="right"><div align="center"><font size="2" face="serif"><b>13-4284187</b></font></div></td>
</tr>
<tr valign="top" bgcolor="#FFFFFF">
<td align="left"><div align="center"><font size="2" face="serif">(State or other jurisdiction of</font><br>
      <font size="2" face="serif">incorporation)</font></div></td>
<td align="center"><div align="center"><font size="2" face="serif">(Commission File Number) </font></div></td>
<td align="center"><div align="center"><font size="2" face="serif">(IRS Employer</font><br>
      <font size="2" face="serif">Identification Number)</font></div></td>
</tr>
<tr valign="top">
<td align="left"><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
<td align="left"><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
<td align="left"><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
</tr>
<tr valign="top">
<td align="left"><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
<td align="left"><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
<td align="left"><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
</tr>
<tr valign="top" bgcolor="#FFFFFF">
<td align="left"><div align="center"><font size="2" face="serif"><b>1010 Northern Boulevard, Suite 314</b></font><br>
      <font size="2" face="serif"><b>Great Neck, NY</b></font></div></td>
<td align="left"><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
<td align="right"><div align="center"><font size="2" face="serif"><b>11021</b></font></div></td>
</tr>
<tr valign="top" bgcolor="#FFFFFF">
<td align="left"><div align="center"><font size="2" face="serif">(Address of principal executive offices)</font></div></td>
<td align="left"><div align="center"><font size="2" face="serif">&nbsp;</font></div></td>
<td align="center"><div align="center"><font size="2" face="serif">(Zip Code)</font></div></td>
</tr>
</table>
<p align="center"><font size="2" face="serif">Registrant&#8217;s telephone number, including area code:  <b>516-684-1239</b></font></p>
<p align="center"><font size="2" face="serif">N/A<br>
</font><font size="2" face="serif">(Former name or former address, if changed since last report.)</font></p>
<p align="left"><font size="2" face="serif">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 (see General Instruction A.2. below):</font></p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="3%"><img src="emptybox.gif"></td>
    <td><font size="2" face="serif">Written communications pursuant to Rule
    425 under the Securities Act (17 CFR 230.425)</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><img src="emptybox.gif"></td>
    <td><font size="2" face="serif">Soliciting material pursuant to Rule 14a-12
    under the Exchange Act (17 CFR 240.14a-12)</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><img src="emptybox.gif"></td>
    <td><font size="2" face="serif">Pre-commencement communications pursuant
    to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><img src="emptybox.gif"></td>
    <td><font size="2" face="serif">Pre-commencement communications pursuant
    to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<hr size="1" noshade>
<p align="center">&nbsp;</p>
<hr noshade align="center" width="100%" size="2">
<div style="page-break-before:always"></div>
<page>
<table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
<td align="left" width="13%"><font size="2" face="serif"><b>ITEM 1.02</b></font></td>
<td align="left"><font size="2" face="serif"><b>Termination of a Material Definitive Agreement.</b></font></td>
</tr>
</table>
<p align="left"><font size="2" face="serif">On December 17, 2006, Wayne Synder resigned from his position of Executive Vice President of Development of Feldman Mall Properties, Inc. (the &#8220;Company&#8221;) in order to pursue private real estate investing opportunities.  As a result, the Company and Mr. Snyder have terminated the Employment Agreement, dated November 15, 2005, between the Company and Mr. Snyder (the &#8220;Employment Agreement&#8221;), pursuant to Section 4.1(b) thereof.  The Company expects Mr. Snyder to remain with the Company through mid-January of 2007. The Employment Agreement was filed as Exhibit 10.1 to the Company&#8217;s Form 8-K dated November 21, 2005.  </font></p>  <table width="100%" cellspacing="0" cellpadding="0" border="0">
<tr valign="top">
<td align="left" width="13%"><font size="2" face="serif"><b>ITEM 9.01</b></font></td>
<td align="left"><font size="2" face="serif"><b>Financial Statements and Exhibits.</b></font></td>
</tr>
</table>
<br>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="3%">&nbsp;</td>
    <td width="4%"><font size="2" face="serif">(d)</font></td>
    <td width="3%">&nbsp;</td>
    <td width="5%"><font size="2" face="serif"><i>Exhibits</i></font></td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font size="2" face="serif">99.1</font></td>
    <td>&nbsp;</td>
    <td><font size="2" face="serif">Press Release regarding resignation of Wayne
    Snyder.</font></td>
  </tr>
</table>
<br><br>
<p align="center"><font face="serif" size="2">2</font></p>
<hr noshade align="center" width="100%" size="2">
<div style="page-break-before:always"></div>
<page>
<p align="center"><font size="2" face="serif"><b>SIGNATURES</b></font></p>
<p align="left"><font size="2" face="serif">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.</font></p>
<table width="100%" border="0" cellspacing="0" cellpadding="0">
  <tr>
    <td width="50%">&nbsp;</td>
    <td colspan="3"><font size="2" face="serif">FELDMAN MALL PROPERTIES, INC.</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td width="4%">&nbsp;</td>
    <td width="6%">&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td><font size="2" face="serif">By: </font></td>
    <td colspan="2"><font size="2" face="serif">/s/ Thomas E. Wirth</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td colspan="2"><hr size="1" noshade>
    </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font size="2" face="serif">Name:</font></td>
    <td><font size="2" face="serif"> Thomas E. Wirth</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td><font size="2" face="serif">Title:</font></td>
    <td><font size="2" face="serif"> Executive Vice President and Chief
    Financial Officer</font></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
</table>
<p align="left"><font size="2" face="serif">Date: December 21, 2006</font></p>
<p align="center"><font face="serif" size="2">3</font></p>
<hr noshade align="center" width="100%" size="2">
</body>
</html>
[{"type": "8-K", "sequence": "1", "filename": "b416598_8k.htm", "description": "FORM 8-K", "secsgml_size_bytes": 8990}]
{"company-data": {"conformed-name": "Feldman Mall Properties, Inc.", "cik": "0001299901", "assigned-sic": "6798", "irs-number": "134284187", "state-of-incorporation": "MD", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-32365", "film-number": "061294169"}, "business-address": {"street1": "3225 NORTH CENTRAL AVENUE, SUITE 1205", "city": "PHOENIX", "state": "AZ", "zip": "85012", "phone": "602 277 5559"}, "mail-address": {"street1": "3225 NORTH CENTRAL AVENUE, SUITE 1205", "city": "PHOENIX", "state": "AZ", "zip": "85012"}}
Prepared and filed by St Ives Financial
UNITED STATES
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):  December 17, 2006
_____________________
Feldman Mall Properties, Inc.
(Exact name of registrant as specified in its charter)
Maryland
001-32365
13-4284187
(State or other jurisdiction of
incorporation)
(Commission File Number)
(IRS Employer
Identification Number)
1010 Northern Boulevard, Suite 314
Great Neck, NY
11021
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code:
516-684-1239
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 (see General Instruction A.2. below):
Written communications pursuant to Rule
    425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12
    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 1.02
Termination of a Material Definitive Agreement.
On December 17, 2006, Wayne Synder resigned from his position of Executive Vice President of Development of Feldman Mall Properties, Inc. (the "Company") in order to pursue private real estate investing opportunities.  As a result, the Company and Mr. Snyder have terminated the Employment Agreement, dated November 15, 2005, between the Company and Mr. Snyder (the "Employment Agreement"), pursuant to Section 4.1(b) thereof.  The Company expects Mr. Snyder to remain with the Company through mid-January of 2007. The Employment Agreement was filed as Exhibit 10.1 to the Company's Form 8-K dated November 21, 2005.
ITEM 9.01
Financial Statements and Exhibits.
(d)
Exhibits
99.1
Press Release regarding resignation of Wayne
    Snyder.
2
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.
FELDMAN MALL PROPERTIES, INC.
By:
/s/ Thomas E. Wirth
Name:
Thomas E. Wirth
Title:
Executive Vice President and Chief
    Financial Officer
Date: December 21, 2006
3