SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K

                                 CURRENT REPORT

                       Pursuant to Section 13 or 15(d) of
                       the Securities Exchange Act of 1934


                        Date of Report: November 19, 2001
                        (Date of earliest event reported)


                              NATHAN'S FAMOUS, INC.
             (Exact Name of Registrant as Specified in its Charter)





        Delaware                    1-3189                       11-3166443
------------------------         ------------                -------------------
(State of Incorporation)         (Commission                  (I.R.S. Employer
                                 File Number)                Identification No.)

1400 Old Country Road, Westbury, New York                          11590
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(Address of Principal Executive Offices)                        (Zip Code)


Registrant's telephone number including area code            (516) 338-8500
                                                             --------------



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(Former name or former address, if changed since last report.)

Item 5.   Other Events

     On November 19, 2001, an Order was entered by the Circuit Court of the 11th
Judicial  Circuit of Florida in and for Miami-Dade  County pursuant to which the
State of Florida Department of Transportation was ordered to pay to Registrant's
subsidiary,  Miami Subs Real Estate Corp., an aggregate  $2,350,000,  plus legal
fees in the amount of $252,500 in connection with the  condemnation by the State
of Florida  of a Miami Subs  restaurant.  The State of Florida  previously  paid
$1,500,000  of the  aggregate  amount  at the time the  Condemnation  Order  was
entered.

Item 7.   Financial Statements, Pro Forma Financial Information and Exhibits

     (c) Exhibits

     10.01 Stipulated Final Judgment and Order dated November 19, 2001.

                                    SIGNATURE

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned, thereunder duly authorized.

                              NATHAN'S FAMOUS, INC.


                                By: /s/ Ronald DeVos
                                    --------------------------------------------
                                    Ronald DeVos
                                    Vice-President Finance
                                    and Chief Financial Officer
                                    (Principal Financial and Accounting Officer)

Dated:   November 28, 2001