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
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
COOPER MILTON
  2. Issuer Name and Ticker or Trading Symbol
KIMCO REALTY CORP [KIM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Executive Chairman
(Last)
(First)
(Middle)
C/O KIMCO REALTY CORP, 3333 NEW HYDE PARK RD STE 100
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2011
(Street)

HYDER PARK, NY 11042
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
Kimco Realty Corp. Common Stock par value $0.01 per share (1) 02/17/2011   A   51,480 (2) A $ 0 10,447,663 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

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
Option to purchase common stock par value $0.01 per share $ 18.85 02/17/2011   A   10,825   02/17/2012 02/17/2021 Kimco Realty Corp. Common Stock par value $0.01 per share 10,825 $ 18.85 1,501,625 D  
Option to purchase common stock par value $0.01 per share $ 18.85 02/17/2011   A   10,825   02/17/2013 02/17/2021 Kimco Realty Corp. Common Stock par value $0.01 per share 10,825 $ 18.85 1,501,625 D  
Option to purchase common stock par value $0.01 per share $ 18.85 02/17/2011   A   10,825   02/17/2014 02/17/2021 Kimco Realty Corp. Common Stock par value $0.01 per share 10,825 $ 18.85 1,501,625 D  
Option to purchase common stock par value $0.01 per share $ 18.85 02/17/2011   A   10,825   02/17/2015 02/17/2021 Kimco Realty Corp. Common Stock par value $0.01 per share 10,825 $ 18.85 1,501,625 D  
Performance Shares $ 0 (3) 02/17/2011   A   43,300   12/31/2011(4) 12/31/2011 Kimco Realty Corp. Common Stock par value $0.01 per share 43,300 $ 0 43,300 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
COOPER MILTON
C/O KIMCO REALTY CORP
3333 NEW HYDE PARK RD STE 100
HYDER PARK, NY 11042
  X     Executive Chairman  

Signatures

 /s/ Milton Cooper   02/18/2011
**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) On March 18, 2010 the reporting person was granted a total of 42,900 performance shares, providing for the grant of shares of restricted stock in 2011 based on the Company's total stockholder return in 2010 relative to the Company's peer gruop and National Association of Real Estate Investment Trusts Retail peers. Based on these perfromance criteria for 2010 the reporting person was granted 51,480 shares of restricted stock.
(2) These restricted shares vest 1/3 per year on 2/17/12, 2/17/13 and 2/17/14.
(3) Each performance share award provides for the grant of shares of restricted stock in the year followng the performance year based on the Company's total stockholder return in the performance year relative to the Company's peer group and National Association of Real Estate Investment Trusts Retail peers.
(4) The Company's Executive Compensation Committee will determine the amount of the performance shares vested after the performance year ends on 12/31/2011.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.