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) June 30, 2008

ONE LIBERTY PROPERTIES, INC.
(Exact name of Registrant as specified in charter)

Maryland
001-09279
13-3147497
(State or other
(Commission file No.)
(IRS Employer
jurisdiction of
  
I.D. No.)
incorporation)
    

60 Cutter Mill Road, Suite 303, Great Neck, New York 11021
(Address of principal executive offices) (Zip code)

                                  516-466-3100                                  
Registrant's telephone number, including area code

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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 
 
 
Item 8.01 Other Events.

On June 30, 2008, One Liberty Properties, Inc. issued a press release announcing it had been added to the Russell 3000® Index of the Russell Investment Group. A copy of the press release is annexed hereto as Exhibit 99.1 and is incorporated herein by reference.
  
Item 9.01 Financial Statements and Exhibits.
 
(a)
Financial Statements of Businesses Acquired.

Not applicable.

 
(b)
Pro Forma Financial Information.

Not applicable.

 
(c)
Shell Company Transactions.

Not applicable.
 
(d)
Exhibits.

 
99.1
Press release dated June 30, 2008.
 
 
 
 

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.
 
     
 
ONE LIBERTY PROPERTIES, INC.
 
 		  
 		  
 
Date: June 30, 2008 By:   /s/ Simeon Brinberg
 
Simeon Brinberg
 
Senior Vice President