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<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON NOVEMBER 21, 2008.</B>
</DIV>


<DIV align="right" style="font-size: 10pt; margin-top: 6pt"><B>REGISTRATION
NO. 333-</B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</DIV>


<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>
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<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B>
</DIV>

<DIV align="center" style="font-size: 12pt"><B>WASHINGTON, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 18pt; margin-top: 18pt"><B>FORM S-8</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 3pt"><B>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933</B>
</DIV>

<DIV align="center" style="font-size: 24pt; margin-top: 17pt"><B>BROOKFIELD PROPERTIES CORPORATION</B>
</DIV>

<DIV align="center" style="font-size: 10pt">(Exact name of registrant as specified in its charter)</DIV>

<DIV align="center" style="font-size: 10pt">&nbsp;
</DIV>

<DIV align="center">
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    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px"><B>CANADA</B></DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>NOT APPLICABLE</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center"><DIV style="margin-left:15px; text-indent:-15px">(State or other jurisdiction of incorporation or organization)</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(I.R.S. Employer Identification No.)</TD>
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<DIV align="center" style="font-size: 10pt"><DIV align="center"><DIV style="font-size: 3pt; margin-top: 18pt; width: 26%; border-top: 1px solid #000000">&nbsp;</DIV></DIV></DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 14pt"><B>BROOKFIELD PLACE<BR>
181 BAY STREET<BR>
SUITE 330<BR>
TORONTO, ONTARIO, CANADA M5J 2T3</B><BR>
(416)&nbsp;359-8600<BR>
(Address of principal executive offices)
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>BROOKFIELD PROPERTIES CORPORATION SHARE OPTION PLAN<BR>
(Full title of the plan)</B>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>TORYS LLP<BR>
237 PARK AVENUE<BR>
NEW YORK, NY 10017<BR>
ATTENTION: ANDREW J. BECK</B><BR>
(212)&nbsp;880-6000<BR>
(Name, address and telephone number,<BR>
including area code, of agent for service)
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>CALCULATION OF REGISTRATION FEE</B>
</DIV>

<DIV align="center">
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    <TD width="1%">&nbsp;</TD>
</TR><TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-bottom: 3px double #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed Maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Proposed Maximum</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Amount of</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>Title of securities</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>to be</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Offering Price per</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Aggregate Offering</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Registration</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">    <TD width="1%">&nbsp;</TD>

    <TD nowrap align="center"><B>to be registered</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Registered(1)</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Share(2)</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Price(2)</B></TD>
    <TD style="border-right: 2px solid #000000">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center"><B>Fee</B></TD>
    <TD width="1%">&nbsp;</TD>
</TR>

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<TD style="border-top: 2px solid #000000"><DIV style="margin-left:40px; text-indent:-15px">Common Shares</DIV></TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>
    <TD align="center" valign="top" style="border-top: 2px solid #000000">18,750,000 shares</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="top" style="border-top: 2px solid #000000">$5.89</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="top" style="border-top: 2px solid #000000">$110,437,500</TD>
    <TD style="border-right: 2px solid #000000; border-top: 2px solid #000000">&nbsp;</TD>
    <TD style="border-top: 2px solid #000000">&nbsp;</TD>

<TD align="center" valign="top" style="border-top: 2px solid #000000">$4,340.19</TD>
    <TD width="1%" style="border-top: 2px solid #000000">&nbsp;</TD>
</TR>
<TR style="font-size: 1px" valign="bottom">
    <TD nowrap align="left" colspan="15" style="border-top: 3px double #000000">&nbsp;</TD>
</TR>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Plus such indeterminate number of common shares of the Registrant as may be issued to prevent
dilution resulting from stock dividends, stock splits or similar transactions in accordance with
Rule&nbsp;416 under the Securities Act of 1933.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Estimated solely for purposes of calculating the registration fee in accordance with Rule&nbsp;457
under the Securities Act based upon the average of the reported high and low sales price of the
common shares of Brookfield Properties Corporation on November&nbsp;20, 2008 on the New York Stock
Exchange (a date within five business days of the filing of this Registration Statement).</TD>
</TR>

</TABLE>
</DIV>

<DIV style="width: 100%; border-bottom: 1pt solid black; margin-top: 10pt; font-size: 3pt">&nbsp;</DIV>
<DIV style="width: 100%; border-bottom: 2pt solid black; font-size: 1pt">&nbsp;</DIV>





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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART I</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 8pt"><B>INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS</B>

</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The documents containing the information specified in Part&nbsp;I of Form S-8 are not required to be
filed with the SEC either as part of this registration statement or as prospectuses or prospectus
supplements pursuant to the Note to Part&nbsp;I of Form S-8 and Rule&nbsp;424 under the Securities Act of
1933. The information required in the Section 10(a) prospectus is included in documents being
maintained and delivered by Brookfield Properties Corporation as required by Part&nbsp;I of Form S-8 and
by Rule&nbsp;428 under the Securities Act of 1933.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART II</B>
</DIV>


<DIV align="Center" style="font-size: 10pt; margin-top: 8pt"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B>

</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>ITEM 3.&nbsp;&nbsp;&nbsp;INCORPORATION OF DOCUMENTS BY REFERENCE.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The following documents which have been and will in the future be filed by us with the SEC are
incorporated in the Registration Statement by reference:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(a)&nbsp;&nbsp;&nbsp;Our Annual Report on Form 40-F for the fiscal year ended December&nbsp;31, 2007, which contains our
audited financial statements for such fiscal year.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(b)&nbsp;&nbsp;&nbsp;All other reports filed by our company under Section 13(a) or 15(d) of the Securities Exchange
Act of 1934 since December&nbsp;31, 2007.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(c)&nbsp;&nbsp;&nbsp;The description of our common shares contained in our Registration Statement on Form 40-F, as
filed with the SEC on April&nbsp;23, 1999, including any amendment or report filed for the purpose of
amending such description.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">In addition, all reports and documents filed by us under Section&nbsp;13(a), 13(c), 14 or 15(d) of the
Exchange Act after the date of this Registration Statement and prior to the filing of a
post-effective amendment which indicates that all securities being offered have been sold or which
deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference
in and to be part of this Registration Statement from the date of filing of each such document,
provided that reports on Form 6-K shall be so deemed incorporated by reference only if and to the
extent indicated in such reports.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>ITEM 4.</B>&nbsp;&nbsp;&nbsp;<B>DESCRIPTION OF SECURITIES.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Not applicable.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>ITEM 5.</B>&nbsp;&nbsp;&nbsp;<B>INTERESTS OF NAMED EXPERTS AND COUNSEL.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Not applicable.
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>ITEM 6.</B>&nbsp;&nbsp;&nbsp;<B>INDEMNIFICATION OF DIRECTORS AND OFFICERS.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Section&nbsp;124 of the Canada Business Corporations Act (the &#147;Act&#148;) provides as follows:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">124. (1)&nbsp;&nbsp;Indemnification &#151; A corporation may indemnify a director or officer of the corporation, a
former director or officer of the corporation or another individual who acts or acted at the
corporation&#146;s request as a director or officer, or an individual acting in a similar capacity, of
another entity, against all costs, charges and expenses, including an amount paid to settle an
action or satisfy a judgment, reasonably incurred by the individual in respect of any civil,
criminal, administrative, investigative or other proceeding in which the individual is involved
because of that association with the corporation or other entity.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(2)&nbsp;&nbsp;Advance of costs &#151; A corporation may advance moneys to a director, officer or other individual
for the costs, charges and expenses of a proceeding referred to in subsection (1). The individual
shall repay the moneys if the individual does not fulfil the conditions of subsection (3).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(3)&nbsp;&nbsp;Limitation &#151; A corporation may not indemnify an individual under subsection (1)&nbsp;unless the
individual
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(a)&nbsp;&nbsp;acted honestly and in good faith with a view to the best interests of the corporation, or, as
the case may be, to the best interests of the other entity for which the individual acted as
director or officer or in a similar capacity at the corporation&#146;s request; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(b)&nbsp;&nbsp;in the case of a criminal or administrative action or proceeding that is enforced by a monetary
penalty, the individual had reasonable grounds for believing that the individual&#146;s conduct was
lawful.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(4)&nbsp;&nbsp;Indemnification in derivative actions &#151; A corporation may with the approval of a court,
indemnify an individual referred to in subsection (1), or advance moneys under subsection (2), in
respect of an action by or on behalf of the corporation or other entity to procure a judgment in
its favor, to which the individual is made a party because of the individual&#146;s association with the
corporation or other entity as described in subsection (1)&nbsp;against all costs, charges and expenses
reasonably incurred by the individual in connection with such action, if the individual fulfils the
conditions set out in subsection (3).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(5)&nbsp;&nbsp;Right to indemnity &#151; Despite subsection (1), an individual referred to in that subsection is
entitled to indemnity from the corporation in respect of all costs, charges and expenses reasonably
incurred by the individual in connection with the defense of any civil, criminal, administrative,
investigative or other proceeding to which the individual is subject because of the individual&#146;s
association with the corporation or other entity as described in subsection (1), if the individual
seeking indemnity
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(a)&nbsp;&nbsp;was not judged by the court or other competent authority to have committed any fault or omitted
to do anything that the individual ought to have done; and
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(b)&nbsp;&nbsp;fulfils the conditions set out in subsection (3).
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(6)&nbsp;&nbsp;Insurance &#151; A corporation may purchase and maintain insurance for the benefit of an individual
referred to in subsection (1)&nbsp;against any liability incurred by the individual
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(a)&nbsp;&nbsp;in the individual&#146;s capacity as a director or officer of the corporation; or
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(b)&nbsp;&nbsp;in the individual&#146;s capacity as a director or officer, or similar capacity, of another entity,
if the individual acts or acted in that capacity at the corporation&#146;s request.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(7)&nbsp;&nbsp;Application to court &#151; A corporation, an individual or an entity referred to in subsection (1)
may apply to a court for an order approving an indemnity under this section and the court may so
order and make any further order that it sees fit.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(8)&nbsp;&nbsp;Notice to Director &#151; An applicant under subsection (7)&nbsp;shall give the Director notice of the
application and the Director is entitled to appear and be heard in person or by counsel.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(9)&nbsp;&nbsp;Other notice &#151; On an application under subsection (7)&nbsp;the court may order notice to be given
to any interested person and the person is entitled to appear and be heard in person or by counsel.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The by-laws of Brookfield provide that Brookfield shall indemnify a director or officer, a former
director or officer, or a person who acts or acted at Brookfield&#146;s request as a director or
officer, or in a similar capacity of another entity, and the heirs and legal representatives of
such a person to the extent permitted by the Act.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers or persons controlling Brookfield pursuant to the foregoing
provisions, Brookfield has been informed that in the opinion of the U.S. Securities and Exchange
Commission such indemnification is against public policy as expressed in the Securities Act of 1933
and is therefore unenforceable.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Brookfield maintains directors and officers insurance under policies arranged by Brookfield Asset
Management Inc. with a combined annual limit of Cdn.$50,000,000 subject to a corporate deductible
of Cdn.$250,000 per loss (Cdn.$500,000 for certain of our U.S. subsidiaries). The limit is not
exclusive to each corporation insured under the policies. Under this insurance coverage, Brookfield
is reimbursed for indemnity payments made to directors or officers as required or permitted by law
or under provisions of its by-laws as indemnity for losses, including legal costs, arising from
acts, errors or omissions committed by directors and officers during the course of their duties as
such. This insurance also provides coverage to individual directors and officers without any
deductible if they are not indemnified by Brookfield. The insurance coverage for directors and
officers has certain exclusions, including, but not limited to, those acts determined to be
deliberately fraudulent or dishonest or have resulted in personal profit or advantage. The cost of
such insurance is borne by Brookfield and was Cdn.$566,250 annually for the fiscal year ended
December&nbsp;31, 2007.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>ITEM 7.</B>&nbsp;&nbsp;&nbsp;<B>EXEMPTION FROM REGISTRATION CLAIMED.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Not applicable.
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>ITEM 8.</B>&nbsp;&nbsp;&nbsp;<B>EXHIBITS.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">A list of exhibits included as part of this Registration Statement is set forth in the Exhibit
Index to this Registration Statement.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 12pt"><B>ITEM 9.</B>&nbsp;&nbsp;&nbsp;<B>UNDERTAKINGS.</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The undersigned Registrant hereby undertakes, except as otherwise specifically provided in the
rules of the Securities and Exchange Commission promulgated under the Securities Act of 1933:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(1)&nbsp;&nbsp;To file, during any period in which offers or sales are being made, a post-effective amendment
to this Registration Statement:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(i)&nbsp;&nbsp;To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(ii)&nbsp;&nbsp;To reflect in the prospectus any facts or events arising after the effective date of this
Registration Statement (or the most recent post-effective amendment hereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in this Registration
Statement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(iii)&nbsp;&nbsp;To include any material information with respect to the plan of distribution not previously
disclosed in this Registration Statement or any material change to such information in this
Registration Statement;
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">provided, however, that paragraphs (1)(i) and (1)(ii) do not apply if the information required to
be included in a post-effective amendment by those paragraphs is contained in periodic reports
filed by the Registrant pursuant to Section&nbsp;13 or Section 15(d) of the Securities Exchange Act of
1934 that are incorporated by reference in this Registration Statement.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(2)&nbsp;&nbsp;That, for the purpose of determining any liability under the Securities Act of 1933, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(3)&nbsp;&nbsp;To remove from registration by means of a post-effective amendment any of the securities being
registered which remain unsold at the termination of the offering.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">(4)&nbsp;&nbsp;To include any financial statements required by Item&nbsp;8.A of Form 20-F at the start of any
delayed offering or throughout a continuous offering.
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The undersigned Registrant hereby undertakes that, for purposes of determining any liability under
the Securities Act of 1933, each filing of the Registrant&#146;s annual report pursuant to Section 13(a)
or Section 15(d) of the Securities Exchange Act of 1934 that is incorporated by reference in this
Registration Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
such Act and is, therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Registrant of expenses incurred or paid by a
director, officer or controlling person of the Registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person in connection with
the securities being registered, the Registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in such Act and
will be governed by the final adjudication of such issue.
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>SIGNATURES</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in New York, New York on the 21st day of November,&nbsp;2008.
</DIV>


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><BR><B>BROOKFIELD PROPERTIES CORPORATION</B><BR><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>
    <TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/&nbsp;&nbsp;Richard B. Clark
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Richard B. Clark&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">President and Chief Executive Officer&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
    <TD colspan="5">&nbsp;</TD>
</TR>
</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>POWER OF ATTORNEY</B>
</DIV>



<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each of the directors of Brookfield Properties Corporation whose signature appears below
constitutes and appoints Richard B. Clark, as his or her true and lawful attorney-in-fact and agent
with full power of substitution, for him or her and in his or her name, place and stead, in any and
all capacities, to sign any or all amendments (including post-effective amendments) to this
Registration Statement, and to file the same, with all exhibits thereto, and all documents in
connection therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent, and each of them, full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents and purposes as he
or she he might or could do in person, hereby ratifying and confirming all that said
attorney-in-fact and agent, or any of them, or their substitutes, may lawfully do or cause to be
done by virtue hereof.
</DIV>
<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Pursuant to the requirements of the Securities Act of 1933, this registration statement has been
signed by the following persons in the capacities and on November&nbsp;21, 2008:
</DIV>

<DIV align="left">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="98%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="45%">&nbsp;</TD>
    <TD width="10%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Signature</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Title</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom"><!-- Blank Space -->

<TD style="font-size: 12pt" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Richard B. Clark<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Richard B. Clark
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">President and Chief Executive Officer and Director<BR>
(principal executive officer)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Bryan K. Davis<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Bryan K. Davis
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Senior Vice President and Chief Financial Officer<BR>
(principal financial and accounting officer)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Gordon E. Arnell<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Gordon E. Arnell
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chairman of the Board of Directors</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>William T. Cahill
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Jack L. Cockwell<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Jack L. Cockwell
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Bruce Flatt<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
J. Bruce Flatt
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Roderick D. Fraser<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Roderick D. Fraser
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Paul D. McFarlane<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Paul D. McFarlane
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Allan S. Olson<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Allan S. Olson
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Linda D. Rabbitt<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Linda D. Rabbitt
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Robert L. Stelzl<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Robert L. Stelzl
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;Diana L. Taylor<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
Diana L. Taylor
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/&nbsp;&nbsp;John E. Zuccotti<DIV style="width: 100%; border-bottom: 1px solid #000000; font-size: 1px">&nbsp;</DIV>
John E. Zuccotti
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Director</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>AUTHORIZED REPRESENTATIVE</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the undersigned has signed this
Registration Statement, solely in the capacity of the duly authorized representative of Brookfield
Properties Corporation in the United States, on November&nbsp;21, 2008.
</DIV>

<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>
<TR>
    <TD valign="top" align="left">&nbsp;</TD>
    <TD colspan="3" align="left"><BR><B>Torys LLP</B><BR><BR>
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD valign="top">By:&nbsp;&nbsp;</TD>

<TD colspan="2" style="border-bottom: 1px solid #000000" align="left">/s/Andrew J. Beck
&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Name:&nbsp;&nbsp;</TD>
    <TD align="left">Andrew J. Beck&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR><TR>
    <TD align="left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD valign="top">Title:&nbsp;&nbsp;</TD>
    <TD align="left">Partner&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>

</TABLE>

<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<TABLE width="100%" border="0" cellspacing="0" cellpadding="0" style="font-size: 10pt">
<TR>
    <TD width="48%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="35%">&nbsp;</TD>
    <TD width="15%">&nbsp;</TD>
</TR>

</TABLE>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>EXHIBIT INDEX</B>
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="8%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="87%">&nbsp;</TD>
</TR>
<TR style="font-size: 8pt" valign="bottom">
    <TD nowrap align="center" style="border-bottom: 1px solid #000000">Exhibit</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align="left" style="border-bottom: 1px solid #000000">Description of Exhibit</TD>
</TR>

<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom" style="line-height: 6pt"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;4.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Restated Articles of Incorporation and Articles of Amendments,
incorporated by reference to exhibit 99.1 to the Company&#146;s Form
6-K filed with the Commission on August&nbsp;17, 2005</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;4.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Certificate and Articles of Amendment, as amended to date,
incorporated by reference to exhibit 99.1 to the Company&#146;s Form
6-K filed with the Commission on May&nbsp;1, 2007</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;4.3
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Certificate and Articles of Amendment, as amended to date,
incorporated by reference to exhibit 99.1 to the Company&#146;s Form
6-K filed with the Commission on September&nbsp;7, 2007</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;4.4
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Certificate and Articles of Amendment, as amended to date,
incorporated by reference to exhibit 99.1 to the Company&#146;s Form
6-K filed with the Commission on April&nbsp;25, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;4.5
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">The Company&#146;s Amended and Restated Share Option Plan, incorporated
by reference to exhibit 99.1 to the Company&#146;s Form&nbsp;6-K filed with
the Commission on April&nbsp;25, 2008</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;5.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Opinion of Torys LLP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Deloitte &#038; Touche LLP</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">23.2
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Consent of Torys LLP (contained in Exhibit&nbsp;5.1)</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top"><DIV style="margin-left:0px; text-indent:-0px">24.1
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Powers of Attorney (included on signature page)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

</BODY>
</HTML>
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{"company-data": {"conformed-name": "BROOKFIELD PROPERTIES CORP", "cik": "0001085359", "assigned-sic": "6512", "irs-number": "000000000", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-155538", "film-number": "081205947"}, "business-address": {"street1": "BCE PLACE", "street2": "181 BAY STREET, SUITE 330", "city": "TORONTO", "state": "A6", "zip": "M5J 2T3", "phone": "416-369-2300"}, "mail-address": {"street1": "BCE PLACE", "street2": "181 BAY STREET, SUITE 330", "city": "TORONTO", "state": "A6", "zip": "M5J 2T3"}}
S-8
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON NOVEMBER 21, 2008.
REGISTRATION
NO. 333-
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
BROOKFIELD PROPERTIES CORPORATION
(Exact name of registrant as specified in its charter)
CANADA
NOT APPLICABLE
(State or other jurisdiction of incorporation or organization)
(I.R.S. Employer Identification No.)
BROOKFIELD PLACE
181 BAY STREET
SUITE 330
TORONTO, ONTARIO, CANADA M5J 2T3
(416) 359-8600
(Address of principal executive offices)
BROOKFIELD PROPERTIES CORPORATION SHARE OPTION PLAN
(Full title of the plan)
TORYS LLP
237 PARK AVENUE
NEW YORK, NY 10017
ATTENTION: ANDREW J. BECK
(212) 880-6000
(Name, address and telephone number,
including area code, of agent for service)
CALCULATION OF REGISTRATION FEE
Amount
Proposed Maximum
Proposed Maximum
Amount of
Title of securities
to be
Offering Price per
Aggregate Offering
Registration
to be registered
Registered(1)
Share(2)
Price(2)
Fee
Common Shares
18,750,000 shares
$5.89
$110,437,500
$4,340.19
(1)
Plus such indeterminate number of common shares of the Registrant as may be issued to prevent
dilution resulting from stock dividends, stock splits or similar transactions in accordance with
Rule 416 under the Securities Act of 1933.
(2)
Estimated solely for purposes of calculating the registration fee in accordance with Rule 457
under the Securities Act based upon the average of the reported high and low sales price of the
common shares of Brookfield Properties Corporation on November 20, 2008 on the New York Stock
Exchange (a date within five business days of the filing of this Registration Statement).
PART I
INFORMATION REQUIRED IN THE SECTION 10(a) PROSPECTUS
The documents containing the information specified in Part I of Form S-8 are not required to be
filed with the SEC either as part of this registration statement or as prospectuses or prospectus
supplements pursuant to the Note to Part I of Form S-8 and Rule 424 under the Securities Act of
1933. The information required in the Section 10(a) prospectus is included in documents being
maintained and delivered by Brookfield Properties Corporation as required by Part I of Form S-8 and
by Rule 428 under the Securities Act of 1933.
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
ITEM 3.   INCORPORATION OF DOCUMENTS BY REFERENCE.
The following documents which have been and will in the future be filed by us with the SEC are
incorporated in the Registration Statement by reference:
(a)   Our Annual Report on Form 40-F for the fiscal year ended December 31, 2007, which contains our
audited financial statements for such fiscal year.
(b)   All other reports filed by our company under Section 13(a) or 15(d) of the Securities Exchange
Act of 1934 since December 31, 2007.
(c)   The description of our common shares contained in our Registration Statement on Form 40-F, as
filed with the SEC on April 23, 1999, including any amendment or report filed for the purpose of
amending such description.
In addition, all reports and documents filed by us under Section 13(a), 13(c), 14 or 15(d) of the
Exchange Act after the date of this Registration Statement and prior to the filing of a
post-effective amendment which indicates that all securities being offered have been sold or which
deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference
in and to be part of this Registration Statement from the date of filing of each such document,
provided that reports on Form 6-K shall be so deemed incorporated by reference only if and to the
extent indicated in such reports.
ITEM 4.
DESCRIPTION OF SECURITIES.
Not applicable.
ITEM 5.
INTERESTS OF NAMED EXPERTS AND COUNSEL.
Not applicable.
ITEM 6.
INDEMNIFICATION OF DIRECTORS AND OFFICERS.
Section 124 of the Canada Business Corporations Act (the "Act") provides as follows:
124. (1)  Indemnification — A corporation may indemnify a director or officer of the corporation, a
former director or officer of the corporation or another individual who acts or acted at the
corporation's request as a director or officer, or an individual acting in a similar capacity, of
another entity, against all costs, charges and expenses, including an amount paid to settle an
action or satisfy a judgment, reasonably incurred by the individual in respect of any civil,
criminal, administrative, investigative or other proceeding in which the individual is involved
because of that association with the corporation or other entity.
(2)  Advance of costs — A corporation may advance moneys to a director, officer or other individual
for the costs, charges and expenses of a proceeding referred to in subsection (1). The individual
shall repay the moneys if the individual does not fulfil the conditions of subsection (3).
(3)  Limitation — A corporation may not indemnify an individual under subsection (1) unless the
individual
(a)  acted honestly and in good faith with a view to the best interests of the corporation, or, as
the case may be, to the best interests of the other entity for which the individual acted as
director or officer or in a similar capacity at the corporation's request; and
(b)  in the case of a criminal or administrative action or proceeding that is enforced by a monetary
penalty, the individual had reasonable grounds for believing that the individual's conduct was
lawful.
(4)  Indemnification in derivative actions — A corporation may with the approval of a court,
indemnify an individual referred to in subsection (1), or advance moneys under subsection (2), in
respect of an action by or on behalf of the corporation or other entity to procure a judgment in
its favor, to which the individual is made a party because of the individual's association with the
corporation or other entity as described in subsection (1) against all costs, charges and expenses
reasonably incurred by the individual in connection with such action, if the individual fulfils the
conditions set out in subsection (3).
(5)  Right to indemnity — Despite subsection (1), an individual referred to in that subsection is
entitled to indemnity from the corporation in respect of all costs, charges and expenses reasonably
incurred by the individual in connection with the defense of any civil, criminal, administrative,
investigative or other proceeding to which the individual is subject because of the individual's
association with the corporation or other entity as described in subsection (1), if the individual
seeking indemnity
(a)  was not judged by the court or other competent authority to have committed any fault or omitted
to do anything that the individual ought to have done; and
(b)  fulfils the conditions set out in subsection (3).
(6)  Insurance — A corporation may purchase and maintain insurance for the benefit of an individual
referred to in subsection (1) against any liability incurred by the individual
(a)  in the individual's capacity as a director or officer of the corporation; or
(b)  in the individual's capacity as a director or officer, or similar capacity, of another entity,
if the individual acts or acted in that capacity at the corporation's request.
(7)  Application to court — A corporation, an individual or an entity referred to in subsection (1)
may apply to a court for an order approving an indemnity under this section and the court may so
order and make any further order that it sees fit.
(8)  Notice to Director — An applicant under subsection (7) shall give the Director notice of the
application and the Director is entitled to appear and be heard in person or by counsel.
(9)  Other notice — On an application under subsection (7) the court may order notice to be given
to any interested person and the person is entitled to appear and be heard in person or by counsel.
The by-laws of Brookfield provide that Brookfield shall indemnify a director or officer, a former
director or officer, or a person who acts or acted at Brookfield's request as a director or
officer, or in a similar capacity of another entity, and the heirs and legal representatives of
such a person to the extent permitted by the Act.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers or persons controlling Brookfield pursuant to the foregoing
provisions, Brookfield has been informed that in the opinion of the U.S. Securities and Exchange
Commission such indemnification is against public policy as expressed in the Securities Act of 1933
and is therefore unenforceable.
Brookfield maintains directors and officers insurance under policies arranged by Brookfield Asset
Management Inc. with a combined annual limit of Cdn.$50,000,000 subject to a corporate deductible
of Cdn.$250,000 per loss (Cdn.$500,000 for certain of our U.S. subsidiaries). The limit is not
exclusive to each corporation insured under the policies. Under this insurance coverage, Brookfield
is reimbursed for indemnity payments made to directors or officers as required or permitted by law
or under provisions of its by-laws as indemnity for losses, including legal costs, arising from
acts, errors or omissions committed by directors and officers during the course of their duties as
such. This insurance also provides coverage to individual directors and officers without any
deductible if they are not indemnified by Brookfield. The insurance coverage for directors and
officers has certain exclusions, including, but not limited to, those acts determined to be
deliberately fraudulent or dishonest or have resulted in personal profit or advantage. The cost of
such insurance is borne by Brookfield and was Cdn.$566,250 annually for the fiscal year ended
December 31, 2007.
ITEM 7.
EXEMPTION FROM REGISTRATION CLAIMED.
Not applicable.
ITEM 8.
EXHIBITS.
A list of exhibits included as part of this Registration Statement is set forth in the Exhibit
Index to this Registration Statement.
ITEM 9.
UNDERTAKINGS.
The undersigned Registrant hereby undertakes, except as otherwise specifically provided in the
rules of the Securities and Exchange Commission promulgated under the Securities Act of 1933:
(1)  To file, during any period in which offers or sales are being made, a post-effective amendment
to this Registration Statement:
(i)  To include any prospectus required by section 10(a)(3) of the Securities Act of 1933;
(ii)  To reflect in the prospectus any facts or events arising after the effective date of this
Registration Statement (or the most recent post-effective amendment hereof) which, individually or
in the aggregate, represent a fundamental change in the information set forth in this Registration
Statement;
(iii)  To include any material information with respect to the plan of distribution not previously
disclosed in this Registration Statement or any material change to such information in this
Registration Statement;
provided, however, that paragraphs (1)(i) and (1)(ii) do not apply if the information required to
be included in a post-effective amendment by those paragraphs is contained in periodic reports
filed by the Registrant pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of
1934 that are incorporated by reference in this Registration Statement.
(2)  That, for the purpose of determining any liability under the Securities Act of 1933, each such
post-effective amendment shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(3)  To remove from registration by means of a post-effective amendment any of the securities being
registered which remain unsold at the termination of the offering.
(4)  To include any financial statements required by Item 8.A of Form 20-F at the start of any
delayed offering or throughout a continuous offering.
The undersigned Registrant hereby undertakes that, for purposes of determining any liability under
the Securities Act of 1933, each filing of the Registrant's annual report pursuant to Section 13(a)
or Section 15(d) of the Securities Exchange Act of 1934 that is incorporated by reference in this
Registration Statement shall be deemed to be a new registration statement relating to the
securities offered therein, and the offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be
permitted to directors, officers and controlling persons of the Registrant pursuant to the
foregoing provisions, or otherwise, the Registrant has been advised that in the opinion of the
Securities and Exchange Commission such indemnification is against public policy as expressed in
such Act and is, therefore, unenforceable. In the event that a claim for indemnification against
such liabilities (other than the payment by the Registrant of expenses incurred or paid by a
director, officer or controlling person of the Registrant in the successful defense of any action,
suit or proceeding) is asserted by such director, officer or controlling person in connection with
the securities being registered, the Registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the
question whether such indemnification by it is against public policy as expressed in such Act and
will be governed by the final adjudication of such issue.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has
duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in New York, New York on the 21st day of November, 2008.
BROOKFIELD PROPERTIES CORPORATION
By:
/s/  Richard B. Clark
Name:
Richard B. Clark
Title:
President and Chief Executive Officer
POWER OF ATTORNEY
Each of the directors of Brookfield Properties Corporation whose signature appears below
constitutes and appoints Richard B. Clark, as his or her true and lawful attorney-in-fact and agent
with full power of substitution, for him or her and in his or her name, place and stead, in any and
all capacities, to sign any or all amendments (including post-effective amendments) to this
Registration Statement, and to file the same, with all exhibits thereto, and all documents in
connection therewith, with the Securities and Exchange Commission, granting unto said
attorney-in-fact and agent, and each of them, full power and authority to do and perform each and
every act and thing requisite and necessary to be done, as fully to all intents and purposes as he
or she he might or could do in person, hereby ratifying and confirming all that said
attorney-in-fact and agent, or any of them, or their substitutes, may lawfully do or cause to be
done by virtue hereof.
Pursuant to the requirements of the Securities Act of 1933, this registration statement has been
signed by the following persons in the capacities and on November 21, 2008:
Signature
Title
/s/  Richard B. Clark
Richard B. Clark
President and Chief Executive Officer and Director
(principal executive officer)
/s/  Bryan K. Davis
Bryan K. Davis
Senior Vice President and Chief Financial Officer
(principal financial and accounting officer)
/s/  Gordon E. Arnell
Gordon E. Arnell
Chairman of the Board of Directors
William T. Cahill
Director
/s/  Jack L. Cockwell
Jack L. Cockwell
Director
/s/  Bruce Flatt
J. Bruce Flatt
Director
/s/  Roderick D. Fraser
Roderick D. Fraser
Director
/s/  Paul D. McFarlane
Paul D. McFarlane
Director
/s/  Allan S. Olson
Allan S. Olson
Director
/s/  Linda D. Rabbitt
Linda D. Rabbitt
Director
/s/  Robert L. Stelzl
Robert L. Stelzl
Director
/s/  Diana L. Taylor
Diana L. Taylor
Director
/s/  John E. Zuccotti
John E. Zuccotti
Director
AUTHORIZED REPRESENTATIVE
Pursuant to the requirements of the Securities Act of 1933, the undersigned has signed this
Registration Statement, solely in the capacity of the duly authorized representative of Brookfield
Properties Corporation in the United States, on November 21, 2008.
Torys LLP
By:
/s/Andrew J. Beck
Name:
Andrew J. Beck
Title:
Partner
EXHIBIT INDEX
Exhibit
Description of Exhibit
4.1
Restated Articles of Incorporation and Articles of Amendments,
incorporated by reference to exhibit 99.1 to the Company's Form
6-K filed with the Commission on August 17, 2005
4.2
Certificate and Articles of Amendment, as amended to date,
incorporated by reference to exhibit 99.1 to the Company's Form
6-K filed with the Commission on May 1, 2007
4.3
Certificate and Articles of Amendment, as amended to date,
incorporated by reference to exhibit 99.1 to the Company's Form
6-K filed with the Commission on September 7, 2007
4.4
Certificate and Articles of Amendment, as amended to date,
incorporated by reference to exhibit 99.1 to the Company's Form
6-K filed with the Commission on April 25, 2008
4.5
The Company's Amended and Restated Share Option Plan, incorporated
by reference to exhibit 99.1 to the Company's Form 6-K filed with
the Commission on April 25, 2008
5.1
Opinion of Torys LLP
23.1
Consent of Deloitte & Touche LLP
23.2
Consent of Torys LLP (contained in Exhibit 5.1)
24.1
Powers of Attorney (included on signature page)