Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
PATRICOF ALAN J
   2. Issuer Name and Ticker or Trading Symbol
BOSTON PROPERTIES INC [BXP] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
APAX PARTNERS, INC., 153 E. 53RD STREET		 3. Date of Earliest Transaction (Month/Day/Year)
11/27/2006
(Street)

NEW YORK, NY 10022		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $.01 11/27/2006   M   5,180 A $ 38.08 (1) 5,180 D  
Common Stock, par value $.01 11/27/2006   M   5,180 A $ 37.71 (1) 10,360 D  
Common Stock, par value $.01 11/27/2006   M   5,180 A $ 35.53 (1) 15,540 D  
Common Stock, par value $.01 11/27/2006   M   5,180 A $ 35.05 (1) 20,720 D  
Common Stock, par value $.01 11/27/2006   M   5,180 A $ 32.82 (1) 25,900 D  
Common Stock, par value $.01 11/27/2006   S   700 D $ 115.68 25,200 D  
Common Stock, par value $.01 11/27/2006   S   5,200 D $ 115.65 20,000 D  
Common Stock, par value $.01 11/27/2006   S   100 D $ 115.57 19,900 D  
Common Stock, par value $.01 11/27/2006   S   700 D $ 115.55 19,200 D  
Common Stock, par value $.01 11/27/2006   S   10,000 D $ 115.5 9,200 D  
Common Stock, par value $.01 11/27/2006   S   100 D $ 115.29 9,100 D  
Common Stock, par value $.01 11/27/2006   S   200 D $ 115.27 8,900 D  
Common Stock, par value $.01 11/27/2006   S   400 D $ 115.16 8,500 D  
Common Stock, par value $.01 11/27/2006   S   900 D $ 115.1 7,600 D  
Common Stock, par value $.01 11/27/2006   S   200 D $ 115 7,400 D  
Common Stock, par value $.01 11/27/2006   S   200 D $ 114.99 7,200 D  
Common Stock, par value $.01 11/27/2006   S   200 D $ 114.96 7,000 D  
Common Stock, par value $.01 11/27/2006   S   100 D $ 114.95 6,900 D  
Common Stock, par value $.01 11/27/2006   S   2,800 D $ 114.91 4,100 D  
Common Stock, par value $.01 11/27/2006   S   4,100 D $ 114.9 0 D  

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $ 38.08 (1) 11/27/2006   M     5,180   (2) 05/08/2012 Common Stock 5,180 $ 0 0 D  
Stock Option (right to buy) $ 37.71 (1) 11/27/2006   M     5,180   (3) 05/09/2011 Common Stock 5,180 $ 0 0 D  
Stock Option (right to buy) $ 35.05 (1) 11/27/2006   M     5,180   (4) 05/10/2010 Common Stock 5,180 $ 0 0 D  
Stock Option (right to buy) $ 35.53 (1) 11/27/2006   M     5,180   (5) 05/12/2009 Common Stock 5,180 $ 0 0 D  
Stock Option (right to buy) $ 32.82 (1) 11/27/2006   M     5,180   (6) 05/13/2008 Common Stock 5,180 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
PATRICOF ALAN J
APAX PARTNERS, INC.
153 E. 53RD STREET
NEW YORK, NY 10022		   X      

Signatures

 /s/ Kelli A. DiLuglio, as Attorney-in-Fact   11/28/2006
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) In October 2005, the issuer paid a special dividend of $2.50 per share of common stock to all stockholders of record as of the close of business on September 30, 2005. In connection with this special dividend, the issuer's Board of Directors adjusted all options that were awarded, but not exercised, prior to the ex-dividend date for the special dividend to account for the effect of the special dividend. The number of shares subject to each such option was increased and the exercise price correspondingly decreased such that each option had the same fair value to the holder before and after giving effect to the payment of the special dividend. Pursuant to this adjustment, the number of shares underlying each of Mr. Patricof's options increased by 180 from 5,000 to 5,180 and the per share exercise price was correspondingly decreased.
(2) The options vested in two equal annual installments beginning on May 8, 2003.
(3) The options vested in two equal annual installments beginning on May 9, 2002.
(4) The options vested in two equal annual installments beginning on May 10, 2001.
(5) The options vested in two equal annual installments beginning on May 12, 2000.
(6) The options vested in two equal annual installments beginning on May 13, 1999.

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