Exhibit 21.1

                                                                   Exhibit 21.1

                     Wellsford Residential Property Trust
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                                 Subsidiaries

Wellsford Warwick Corporation
Wellsford Ironwood Corporation
Wellsford Marks B Corporation
Wellsford San Tropez Corporation
WOP Limited Partnership
Wellsford Oklahoma, Incorporated
Wellsford Xxxxx Residential Properties, Incorporated
Wellsford Property Management, Corporation
Xxxxx Property Holdings, Incorporated
Wellsford Development Corporation
Wellsford Bear Creek II Corporation
Wellsford Xxxxx Management, Incorporated
Village at Bear Creek L.L.C.
Park at Highlands L.L.C.
Wellsford Park Highlands Corporation
Palomino Park Public Improvements Corporation
Wellsford Marks West Corp.
Red Canyon at Palomino Park L.L.C.
Wellsford Real Properties, Inc.
Wellsford Chatham Corp.
Wellsford Xxxxx Corp.
North American Medical Research Corp.