Michael DeMarco, CEO of Mack-Cali Realty Corp. Michael DeMarco, CEO of Mack-Cali Realty Corp.

JERSEY CITY, NJ—Nine months after dissident investor group Bow Street LLC helped elect four independent directors to the Mack-Cali Realty Corp. Board, the New York City-based firm is now calling for the removal of Mack-Cali CEO Michael DeMarco.

Bow Street, a New York City-based investment firm that owns approximately 4.5% of the outstanding shares of common stock of Mack-Cali Realty Corp., is also calling for the election of four additional new directors to the Mack-Cali Board of Directors.

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John Jordan

John Jordan is a veteran journalist with 36 years of print and digital media experience.