Washington D.C. 20549

                                 SCHEDULE 13D/A
                                 (Rule 13d-102)

                                  RULE 13d-2(a)

                               (Amendment No. 6 )

                              NATHAN'S FAMOUS, INC
                                (Name of Issuer)

                                  Common Stock
                         (Title of Class of Securities)

                                 (CUSIP Number)

                                Gary T. Moomjian
                   Kramer, Coleman, Wactlar & Lieberman, P.C.
                             100 Jericho Quadrangle
                             Jericho, New York 11753
                                 (516) 822-4820
       (Name, Address and Telephone Number of Person Authorized to Receive
                          Notices and Communications)

                                 August 28, 2006
             (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  that is the subject of this  Schedule  13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box

     Note:  Schedules  filed in paper format shall include a signed original and
five copies of the schedule,  including  all exhibits.  See Rule 13d-7 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 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).

                              (Page 1 of 4 pages)

                                  SCHEDULE 13D

                      CUSIP No. 632347100 Page 2 of 4 Pages

1    Name of Reporting Person
     I.R.S. Identification No. of Above Person (Entities Only)
                   Howard M. Lorber
2    Check the Appropriate Box if a Member of a Group (see instructions)  (a)
                                                                          (b) x
3    SEC Use Only
4    Source of Funds (see instructions)
5    Check Box if Disclosure of Legal Proceedings is Required Pursuant to Items
     2(d) or 2(e)
6    Citizenship or Place of Organization
                   7    Sole Voting Power
Number of Shares        881,600
  Beneficially     -------------------------------------------------------------
 Owned by Each     8    Shared Voting Power
   Reporting            0
    Person         -------------------------------------------------------------
     With          9    Sole Dispositive Power
                   10   Shared Dispositive Power
11   Aggregate Amount Beneficially Owned by Each Reporting Person
12   Check Box if the Aggregate Amount in Row (11) excludes Certain Shares
     (see instructions):                                                      x
13   Percent of Class Represented by Amount in Row (11)
14   Type of Reporting Person* (see instructions)


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,  July 23, 1999, June
21,  2000,  February  3, 2005 and March 11,  2005 with  regard to the  shares of
Common Stock, par value $.01 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.

Item 4:  Purpose of the Transaction.

Mr. Lorber  exercised a stock option to purchase  100,000 shares of common stock
at an exercise price of $3.20 per share (the "Option"). Pursuant to the terms of
the Issuer's  2001 Stock Option  Plan,  under which the Option was granted,  Mr.
Lorber  delivered  44,432 "mature shares"  previously owned by him in payment of
the Option exercise price.

Item 5:  Interest in Securities of the Issuer.

(a) As of the close of business on August 28, 2006, Mr. Lorber beneficially owns
956,600 Shares,  representing 15.3% of the issued and outstanding Shares,  which
includes (a) all of the 50,000  restricted  shares owned by him, (b) options and
warrants  exercisable within 60 days to purchase an aggregate 465,000 Shares and
(c) 75,000 Shares owned by the Howard M. Lorber Irrevocable Trust ("Trust"),  as
to which Mr. Lorber disclaims beneficial ownership.

(b) Mr.  Lorber has sole power to dispose or direct the  disposition  of 851,600
Shares  beneficially owned directly by him, which amount does not include 30,000
restricted  Shares  beneficially  owned by him the  rights to which have not yet
vested and the 75,000  shares owned by the Trust.  Mr.  Lorber has sole power to
vote or direct the vote of the 881,600  Shares  beneficially  owned  directly by
him,  including the 50,000  restricted Shares owned by him, but excluding 75,000
shares beneficially owned by the Trust.

(c) During the past 60 days, Mr. Lorber  acquired  55,568 Shares from the Issuer
upon the  exercise  of the Option for  100,000  Shares,  for which he  delivered
44,432 shares of common stock in payment of the Option exercise price.



     After due 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.

August 31, 2006

/s/ Howard M. Lorber

Howard M. Lorber

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