UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13D
                    Under the Securities Exchange Act of 1934
                               (Amendment No. 7*)

                               Oriole Homes Corp.

                                (Name of Issuer)

                    Common Stock, Class A, Class B, Par Value
                           (Title of Class Securities)

                               686264102 (Class A)
                               686264201 (Class B)
                                 (Cusip Number)


                            Andrew J. McLaughlin, Jr.
                          c/o Loeb Partners Corporation
                     61 Broadway, N.Y., 10006 (212) 483-7001

 (Name, address and Telephone Number of Person Authorized to Receive Notices 
                               and Communications

                                 January 6, 1999

             (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 [ ]. Check
the  following  box if a fee is being  paid  with  statement  [ ]. (A fee is not
required only if the following reporting person: (1) has a previous statement on
file  reporting  beneficial  ownership of more than five percent of the class of
securities  described  is Item 1;  and (2) has  filed  no  amendment  subsequent
thereto reporting  beneficial  ownership of five percent or less of such class.)
(See Rule 13d-7.) 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. *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  on the  remained  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. 686264-20-1 - 686264 - 10 - 2

1  NAME OF REPORTING PERSON
   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

         Andrew J. McLaughlin, Jr.

2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*        (a) [  ]

                                                            (b) [  ]
3  SEC USE ONLY

4  SOURCE OF FUNDS*

         PF

5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
    PURSUANT TO ITEMS 2(d) or 2(e) [   ]

6  CITIZENSHIP OR PLACE OF ORGANIZATION

         USA

NUMBER OF      7  SOLE VOTING POWER
                  100,900 Class A Common Shares
SHARES            295,900 Class B Shares, assuming conversion of Class A Common
BENEFICIALLY   8 SHARED VOTING POWER
                    7,300 Class A Common Shares
OWNED BY           19,000 Class B Shares, assuming conversion of Class A Common
EACH           9  SOLE DISPOSITIVE POWER
                  100,900 Class A Common Shares
REPORTING         295,900 Class B Shares, assuming conversion of Class A Common 
PERSON
WITH          10 SHARED DISPOSITIVE POWER
                    7,300 Class A Common Shares
                   19,000 Class B Shares, assuming conversion of Class A Common

11       AGGREGATE  AMOUNT  BENEFICIALLY  OWNED BY EACH REPORTING PERSON 108,200
         Class A Common Shares  314,900 Class B Shares,  assuming  conversion of
         Class A Common

12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*

13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
         Class A Shares -  5.8%
         Class B Shares - 11.0%

14  TYPE OF REPORTING PERSON*
         IN PN






Item 1.  Security and Issuer.

This report  relates to the Common  Stock,  Class A and Class B of Oriole  Homes
Corp.  Its chief  executive  officer is Mark A. Levy.  The  principal  executive
offices are located at 1690 South Congress Avenue, Delray Beach, Florida, 33445.
This report reflects the sale of shares of Class A Common Stock and the purchase
of Class B Common Stock par value $.10 per share.

Item 2.  Identity and Background.

This  report is being  filed by Andrew J.  McLaughlin,  Jr. as to (i) shares for
which Andrew J. McLaughlin,  Jr. has sole voting or dispositive  power; and (ii)
shares for which  Andrew J.  McLaughlin,  Jr. has shared  voting or  dispositive
power. Andrew J. McLaughlin, Jr. is a registered representative of Loeb Partners
Corporation, a registered broker/dealer, 61 Broadway, New York, New York, 10006.
Andrew J.  McLaughlin,  Jr. is a United States  citizen.  He has not, within the
last five years,  been  convicted in a criminal  proceeding  (excluding  traffic
violations or similar misdemeanors),  or been a party to a civil proceeding of a
judicial or  administrative  body of competent  jurisdiction  and as a result of
such  proceeding  been or is  subject  to a  judgment,  decree  or  final  order
enjoining future violations of, or prohibiting or mandating  activities  subject
to, federal or state  securities laws or finding any violations with respects to
such  laws.  McLaughlin  Family  Fund is a  partnership  comprised  of Andrew J.
McLaughlin, Jr. as general partner and his children,  nephews, nieces as limited
partners.

Item 3.  Source and Amount of Funds or Other Compensation.

The shares,  the  ownership  of which is  reported  hereby  were  acquired  with
personnel, partnership or trust funds.

Item 4.  Purpose of Transaction.

The  shares,  the  ownership  of which is reported  hereby,  were  acquired  for
investment  purposes.  The  reporting  persons  reserve  the  right  to  acquire
additional  shares,  or to dispose of some or all of their shares, in accordance
with applicable  regulations.  Mr. McLaughlin may from time to time discuss with
members of the issuer's  management  various  ideas with a view to enhancing the
value  of the  shares,  but he is  not  presently  contemplating  any  plans  or
proposals required to be described in answer to this Item 4.



Item 5.  Interest in Securities of the Issuer.

(a) and (b). The  respective  number of shares of the  Company's  Class A Common
Stock and Class B Common Stock held are:

I.       Shares as to which Andrew J. McLaughlin, Jr. has sole voting or
dispositive power.

Number of Shares of Cl. A and Cl. B
Common Stock                                        Beneficial Owner
  88,400 Class A                                    Andrew J. McLaughlin, Jr.
160,100 Class B

  12,500 Class A                                    McLaughlin Family Fund
  34,900 Class B


II.  Shares  as to  which  Andrew  J.  McLaughlin,  Jr.  has  shared  voting  or
 dispositive power.

Number of Shares of Cl. A and Cl. B
Common Stock                      Beneficial Owner
  7,300 Class A                   Thomas L. Kempner, Irwin D. Rowe, Andrew J.
11,700 Class B                    McLaughlin, Jr. as Trustees for Loeb Rhoades
                                  Hornblower Profit Sharing Trading for Account 
                                  of Andrew J. McLaughlin, Jr.

108,200 (5.8%) Class A
206,700 (7.5%) Class B

Percentages are computed on the basis of 1,864,149 outstanding shares of Class A
Common Stock and  2,761,375 of Class B reported by the Company as of October 20,
1998 in its most recent 10-Q filing.  III. Class A shares are convertible at the
rate of one  share of  Common  Stock,  Class B for  each  share.  Assuming  only
conversion  of the  108,200  shares of Class A Common  Stock  referred to above,
there would have been 2,869,575 Class B Common shares  outstanding as of October
20, 1998 and the persons  named in this Item 2 would have owned in the aggregate
314,900 shares (11.0% of 2,869,575).


(c) The following transactions have been made within the last 60 days.

Sales                     Security      Price      # of Shares   Trade Date
McLaughlin Family Fund    Cl. A Common  2.750      15000         12-02-98


Purchases
McLaughlin Family Fund    Cl. B Common  2.469      2000          12-29-98
                          Cl. B Common  2.750      1000          12-21-98
                          Cl. B Common  2.600      1000          12-18-98
                          Cl. B Common  2.986      3000          11-27-98
                          Cl. B Commo   3.000      3000          11-25-98


Purchases
Andrew J. McLaughlin, Jr. Cl. B Common  2.438      38000         01-06-98


(d) and (e). Not applicable.

Item 6.  Contracts, Arrangement, Understanding or Relationships
                  with Respect to Securities of the Issuer.

                  None.

Item 7.  Materials to be Filed as Exhibits.

                  None.

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.

Date: January 20, 1999        /s/ Andrew J. McLaughlin, Jr.
                              -------------------------------------------------
                                  Andrew J. McLaughlin, Jr., individually, 
                                  as general partner and as trustee