SECURITIES AND EXCHANGE COMMISSION
                              Washington D.C. 20549

                                 SCHEDULE 13D/A

                    Under the Securities Exchange Act of 1934
                               (Amendment No. 3 )

                              NATHAN'S FAMOUS, INC.
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                                    632347100
                                 (CUSIP Number)

                               Nancy D. Lieberman
                     Blau, Kramer, Wactlar & Lieberman, P.C.
                             100 Jericho Quadrangle
                             Jericho, New York 11753
                                  (516)822-4820
          (Name , Address and Telephone Number of Person Authorized to
                       Receive Notice and Communications)

                                  June 21, 2000
             (Date of Event which Requires Filing of this Statement)


If the filing person has previously  filed a statement on Schedule 13G to report
the  acquisition  which is the subject of this  Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [  ] .

     Note: Six copies of this statement, including all exhibits, should be filed
with the Commission.  See Rule 13d- 1(a) for other parties to whom copies are to
be sent.

                         (Continued on following pages)

                               (Page 1 of 4 Pages)


*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

     The  information  required in the remainder of this cover page shall not be
deemed to be "filed"  for the purpose of Section 18 of the  Securities  Exchange
Act of 1934 ("Act") or otherwise  subject to the  liabilities of that section of
the Act but shall be subject to all other  provisions of the Act  (however,  see
the Notes).




                                  SCHEDULE 13D

CUSIP No. 632347100                                   Page 2 of 4 Pages


1   Name of Reporting Person
    S.S. or I.R.S. Identification No. of Above Person
    Howard M. Lorber

2   Check the Appropriate Box if a Member of a Group*      (a)  [ ]
                                                           (b)  [x]

3   SEC Use Only:

4   Source of Funds:

5   Check Box if Disclosure of Legal Proceedings is Required Pursuant to
    Items 2(d) or 2(e)  [ ]

6   Citizenship or Place of Organization:
    U.S.A.

7   Number of  Shares
    Sole Voting Power:         769,846

8   Beneficially
    Shared Voting Power:            0

9   Owned by Each Reporting
    Sole Dispositive Power:   769,846

10. Person With
    Shared Dispositive Power        0

11  Aggregate Amount Beneficially Owned by Each Reporting Person:  819,846

12  Check Box if the Aggregate Amount in Row (11) excludes Certain Shares* [x]

13  Percent of Class Represented by Amount in Row (11):  10.8%

14  Type of Reporting Person*:   IN






Item 1: Security and Issuer.

The  undersigned  hereby  amends the Schedule 13D filing dated January 27, 1997,
(the "Initial Filing") as amended on each of July 8, 1999 and July 23, 1999 with
regard to the shares of Common Stock,  par value $.001 per share (the  "Shares")
of Nathan's Famous, Inc. (the "Issuer"),  a corporation organized under the laws
of  the  State  of  Delaware.  Unless  otherwise  indicated,  capitalized  terms
contained herein shall have the meanings set forth in the Initial Filing.

This  statement  hereby  amends  the Items  identified  below or the  particular
paragraphs of such Items which are identified  below, to reflect the acquisition
by the undersigned of beneficial ownership of additional Shares.

Item 3: Source and Amount of Funds or Other Consideration.

Mr. Lorber acquired 25,000 Shares in consideration of his execution and delivery
on June 21, 2000 of a new  employment  contract  with the Issuer.  The Howard M.
Lorber  Irrevocable Trust 1986 (the "Trust") acquired 50,000 Shares in a private
transaction at a price of $2 7/8 per share using its own funds.

Item 4: Purpose of the Transaction.

In consideration of his execution and delivery of a new employment contract with
the Issuer,  Mr. Lorber acquired 25,000 Shares.  In addition,  on June 20, 2000,
the Trust purchased 50,000 Shares in a private  transaction at a price of $2 7/8
per share.

Mr. Lorber has no present  plans or proposals  which would result in a change in
the present Board or  management of the Issuer.  Mr. Lorber has no present plans
which would result in a material  change in the  Issuer's  business or corporate
structure.

Item 5: Interest in Securities of the Issuer.

(a) As of the close of business on June 20, 2000, Mr. Lorber  beneficially  owns
819,846 Shares which includes (a) options exercisable within 60 days to purchase
an aggregate 208,334 Shares, (b) warrants exercisable within 60 days to purchase
an aggregate  300,000  Shares and (c) 50,000  Shares  owned by the Trust,  as to
which Mr. Lorber disclaims beneficial ownership.

(b) Mr.  Lorber  has sole power to  dispose  or direct  the  disposition  of the
769,846 Shares  beneficially owned directly by him. Mr. Lorber has sole power to
vote or direct the vote of the 769,846  Shares  beneficially  owned  directly by
him.

Mr. Lorber does not have the power to dispose or direct the  disposition  of the
50,000 Shares  beneficially  owned by the Trust or to vote or direct the vote of
such Shares.

(c) During the past 60 days,  (i) Mr.  Lorber  acquired  25,000  Shares from the
Issuer in cosideration of the execution of a new employment contract between the
Issuer  and  him  and  (ii)  the  Trust  acquired  50,000  Shares  in a  private
transaction for a price of $2 7/8 per share.

(d) The Trust has the right to  receive  or the power to direct  the  receipt of
dividends from, or the proceeds from the sale of the Shares owned by it.





Signature.

   After  reasonable  inquiry  and to the best of my  knowledge  and  belief,  I
certify that the  information  set forth in this  statement is true complete and
correct.

June 30, 2000
- --------------------------------------------
Date

/s/ Howard M. Lorber
- --------------------------------------------
Signature

Howard M. Lorber   Chairman & CEO
- --------------------------------------------
Name/Title

Attention:  Intentional  misstatements  or omissions of fact constitute  Federal
criminal violations (See 18 U.S.C. 1001).