-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 aOPVApYx4yL3NTVgFIuvLA==

<SEC-DOCUMENT>0001182489-07-000907.txt : 20070828
<SEC-HEADER>0001182489-07-000907.hdr.sgml : 20070828
<ACCEPTANCE-DATETIME>20070828172937
ACCESSION NUMBER:		0001182489-07-000907
CONFORMED SUBMISSION TYPE:	3
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20070822
FILED AS OF DATE:		20070828
DATE AS OF CHANGE:		20070828

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TOWN SPORTS INTERNATIONAL HOLDINGS INC
		CENTRAL INDEX KEY:			0001281774
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS [7997]
		IRS NUMBER:				200640002
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		5 PENN PLAZA
		STREET 2:		4TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10001
		BUSINESS PHONE:		(212) 246-6700

	MAIL ADDRESS:	
		STREET 1:		5 PENN PLAZA
		STREET 2:		4TH FLOOR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10001

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Spokes Andrew J M
		CENTRAL INDEX KEY:			0001372968

	FILING VALUES:
		FORM TYPE:		3
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-52013
		FILM NUMBER:		071084822

	BUSINESS ADDRESS:	
		BUSINESS PHONE:		011-44-207-747-8800

	MAIL ADDRESS:	
		STREET 1:		C/O NOONDAY ASSET MANAGEMENT, LLP
		STREET 2:		BURDETT HOUSE, 15-16, BUCKINGHAM STREET
		CITY:			LONDON
		STATE:			X0
		ZIP:			WC2N 6DU
</SEC-HEADER>
<DOCUMENT>
<TYPE>3
<SEQUENCE>1
<FILENAME>edgar.xml
<DESCRIPTION>FORM 3 -
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>3</documentType>

    <periodOfReport>2007-08-22</periodOfReport>

    <noSecuritiesOwned>0</noSecuritiesOwned>

    <issuer>
        <issuerCik>0001281774</issuerCik>
        <issuerName>TOWN SPORTS INTERNATIONAL HOLDINGS INC</issuerName>
        <issuerTradingSymbol>CLUB</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001372968</rptOwnerCik>
            <rptOwnerName>Spokes Andrew J M</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FARALLON CAPITAL MANAGEMENT, L.L.C.</rptOwnerStreet1>
            <rptOwnerStreet2>ONE MARITIME PLAZA, SUITE 2100</rptOwnerStreet2>
            <rptOwnerCity>SAN FRANCISCO</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94111</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>1</isOther>
            <officerTitle></officerTitle>
            <otherText>Member of Group Owning 10%</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeHolding>
            <securityTitle>
                <value>Common Stock, par value $0.001 per share</value>
            </securityTitle>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5331279</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F1"/>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                    <footnoteId id="F4"/>
                    <footnoteId id="F5"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeHolding>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">The amount of securities shown in this row is owned directly by Farallon Capital Partners, L.P., Farallon Capital Institutional Partners, L.P., Farallon Capital Institutional Partners II, L.P., Farallon Capital Institutional Partners III, L.P., Tinicum Partners, L.P., Farallon Capital Offshore Investors II, L.P. and RR Capital Partners, L.P. (collectively, the &quot;Partnerships&quot;).  As the general partner to each of the Partnerships, Farallon Partners, L.L.C. (&quot;FPLLC&quot;) may be deemed to be the beneficial owner of the Issuer's securities held by each of the Partnerships.</footnote>
        <footnote id="F2">Effective as of August 22, 2007, Andrew J. M. Spokes (&quot;Spokes&quot;) became a managing member of FPLLC, and as a result Spokes may be deemed to be the beneficial owner of the Issuer's securities held by the Partnerships.</footnote>
        <footnote id="F3">All of such securities of the Issuer have been previously reported by the Partnerships and other related entities and individuals on the Form 4s filed on February 1, 2007 by the Partnerships and the other entities and individuals listed on such forms. Ashish H. Pant also filed a Form 3 with respect to such securities on July 10, 2007. There have been no transactions in such securities by any such entities or individuals since such forms were filed.</footnote>
        <footnote id="F4">Spokes and the individuals identified in the prior Form 3s and Form 4s disclaim any beneficial ownership of any of the Issuer's securities reported or referred to herein for purposes of Rule 16a-1(a) under the Securities Exchange Act of 1934, as amended (the &quot;'34 Act&quot;).  FPLLC disclaims any beneficial ownership of any of the Issuer's securities reported or referred to herein for purposes of Rule 16a-1(a) under the '34 Act, or otherwise, except as to securities representing FPLLC's pro rata interest in, and interest in the profits of, the Partnerships.</footnote>
        <footnote id="F5">Spokes, together with the entities identified in footnote (1) of this Form 3 and the individuals identified in the prior Form 3s and Form 4s, may be deemed members of a group holding equity securities of the Issuer.  The filing of this Form 3 shall not be deemed to be an admission that such entities and individuals are members of such group.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Monica R. Landry, as attorney-in-fact for Andrew J. M. Spokes</signatureName>
        <signatureDate>2007-08-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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