UNITED STATES

SECURITIES & EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 6)*

Ark Restaurants Corp.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

040712101

(CUSIP Number)

Michael S. Emanuel, Esq.

c/o Loeb Partners Corporation

61 Broadway, New York, N.Y. 10006 (212) 483-7047

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

November 19, 2008

(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 §§240,13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. o

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-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).

CUSIP No.

040712101

1. Name of Reporting Person

Loeb Partners Corporation

I.R.S. Identification No. of Above Person

2. Check the Appropriate Box if a Member of a Group

(a) x

(b) o

3. SEC Use Only

4. Source of Funds

OO

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

6. Citizenship or Place of Organization

Delaware

Number of Shares Beneficially Owned by Each Reporting Person With

7. Sole Voting Power

-0-

8. Shared Voting Power

36,870

9. Sole Dispositive Power

-0-

10. Shared Dispositive Power

36,870

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

36,870

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

13. Percent of Class Represented by Amount in Row (11)

1.03%

14. Type of Reporting Person

BD, IA, CO

CUSIP No.

040712101

1. Name of Reporting Person

Loeb Arbitrage Fund

I.R.S. Identification No. of Above Person

2. Check the Appropriate Box if a Member of a Group

(a) x

(b) o

3. SEC Use Only

4. Source of Funds

WC, OO

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

6. Citizenship or Place of Organization

New York

Number of Shares Beneficially Owned by Each Reporting Person With

7. Sole Voting Power

59,378

8. Shared Voting Power

-0-

9. Sole Dispositive Power

59,378

10. Shared Dispositive Power

-0-

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

59,378

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

13. Percent of Class Represented by Amount in Row (11)

1.65%

14. Type of Reporting Person

PN

CUSIP No.

040712101

1. Name of Reporting Person

Loeb Offshore Fund Ltd.

I.R.S. Identification No. of Above Person

2. Check the Appropriate Box if a Member of a Group

(a) x

(b) o

3. SEC Use Only

4. Source of Funds

WC, OO

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

6. Citizenship or Place of Organization

Cayman Islands

Number of Shares Beneficially Owned by Each Reporting Person With

7. Sole Voting Power

14,534

8. Shared Voting Power

-0-

9. Sole Dispositive Power

14,534

10. Shared Dispositive Power

-0-

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

14,534

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

13. Percent of Class Represented by Amount in Row (11)

0.40%

14. Type of Reporting Person

CO

CUSIP No.

040712101

1. Name of Reporting Person

Loeb Arbitrage B Fund LP

I.R.S. Identification No. of Above Person

2. Check the Appropriate Box if a Member of a Group

(a) x

(b) o

3. SEC Use Only

4. Source of Funds

WC, OO

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

6. Citizenship or Place of Organization

Delaware

Number of Shares Beneficially Owned by Each Reporting Person With

7. Sole Voting Power

21,727

8. Shared Voting Power

-0-

9. Sole Dispositive Power

21,727

10. Shared Dispositive Power

-0-

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

21,727

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

13. Percent of Class Represented by Amount in Row (11)

0.60%

14. Type of Reporting Person

PN

CUSIP No.

040712101

1. Name of Reporting Person

Loeb Offshore B Fund Ltd.

I.R.S. Identification No. of Above Person

2. Check the Appropriate Box if a Member of a Group

(a) x

(b) o

3. SEC Use Only

4. Source of Funds

WC, OO

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

6. Citizenship or Place of Organization

Cayman Islands

Number of Shares Beneficially Owned by Each Reporting Person With

7. Sole Voting Power

8,222

8. Shared Voting Power

-0-

9. Sole Dispositive Power

8,222

10. Shared Dispositive Power

-0-

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

8,222

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

13. Percent of Class Represented by Amount in Row (11)

0.23%

14. Type of Reporting Person

CO

CUSIP No.

040712101

1. Name of Reporting Person

Loeb Marathon Fund LP

I.R.S. Identification No. of Above Person

2. Check the Appropriate Box if a Member of a Group

(a) x

(b) o

3. SEC Use Only

4. Source of Funds

WC, OO

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

6. Citizenship or Place of Organization

Delaware

Number of Shares Beneficially Owned by Each Reporting Person With

7. Sole Voting Power

21,573

8. Shared Voting Power

-0-

9. Sole Dispositive Power

21,573

10. Shared Dispositive Power

-0-

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

21,573

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

13. Percent of Class Represented by Amount in Row (11)

0.6%

14. Type of Reporting Person

CO

CUSIP No.

040712101

1. Name of Reporting Person

Loeb Marathon Offshore Fund, Ltd.

I.R.S. Identification No. of Above Person

2. Check the Appropriate Box if a Member of a Group

(a) x

(b) o

3. SEC Use Only

4. Source of Funds

WC, OO

5. Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e)

o

6. Citizenship or Place of Organization

Cayman Islands

Number of Shares Beneficially Owned by Each Reporting Person With

7. Sole Voting Power

14,486

8. Shared Voting Power

-0-

9. Sole Dispositive Power

14,486

10. Shared Dispositive Power

-0-

11. Aggregate Amount of Beneficially Owned by Each Reporting Person

14,486

12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares

o

13. Percent of Class Represented by Amount in Row (11)

0.40%

14. Type of Reporting Person

CO

Item 1.

Security and Issuer

The title and class of equity security to which this Statement relates is the Common Stock (the “Common Stock”), of Ark Restaurants Corp. The address of the Issuer’s principal executive offices is 85 Fifth Avenue, New York, New York 10003.

Item 2.

Identity and Background

All entities referenced herein are located at 61 Broadway, New York, New York 10006 and are investment partnerships or investment advisors. Loeb Arbitrage Fund (“LAF”) is a New York limited partnership. Its general partner is Loeb Arbitrage Management LLC (“LAM”), a Delaware limited liability company. Loeb Arbitrage B Fund LP (“LAFB”), is a Delaware limited partnership. Its investment manager is LAM. The President and Chief Operating Officer of the general partner is Robert E. Enslein, Jr. The other officers of LAM include Thomas L. Kempner, Chairman of the Board; Gideon J. King, Chief Executive Officer; Michael S. Emanuel, Senior Vice President and Secretary; and David S. Hampson, Chief Financial Officer; Loeb Partners Corporation (“LPC”), is a Delaware corporation. It is a registered broker/dealer and a registered investment adviser. Thomas L. Kempner is its President, Chief Executive Officer and a director. Loeb Holding Corporation (“LHC”), a Maryland corporation, is the sole stockholder of LAM and LPC. Thomas L. Kempner is its President and a director as well as its Chief Executive Officer and majority stockholder. Bruce L. Lev, Norman N. Mintz and Peter A. Tcherepnine are also directors. Loeb Offshore Fund, Ltd. (“LOF”) and Loeb Offshore B Fund Ltd. (“LOFB”), are each a Cayman Islands exempted company. Loeb Offshore Management, LLC (“LOM”) is a Delaware limited liability company, a registered investment adviser and is wholly owned by Loeb Holding Corporation. It is the investment adviser of LOF and LOFB. Gideon J. King and Thomas L. Kempner are Directors of LOF and LOFB and Managers of LOM. All of the individuals named in this Item 2 are United States citizens. None of the entities or individuals named in this Item 2 have been, within the last five years, 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 are 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 respect to such laws.

Item 3.

Source and Amount of Funds or Other Compensation

Shares of Common Stock were acquired by LAF, LPC**, LOF, LMF, LMOF, LAFB and LOFB in margin accounts maintained with Bear Stearns Securities Corp.

Item 4.

Purpose of Transaction

LAF, LPC**, LOF, LMF, LMOF, LAFB and LOFB (“Loeb”) have acquired shares of Common Stock for investment purposes. Loeb reserves the right, consistent with applicable law, to acquire additional securities of the Issuer (whether through open market purchases, block trades, private acquisitions, tender or exchange offers or otherwise).

Loeb intends to review its investment in the Issuer on a continuing basis and may engage in discussions with management or the Board of Directors of the Issuer concerning the business and future plans of the Issuer. Depending on various factors, including, without limitation, the Issuer’s financial position and investment strategy, the price levels of the Common Stock of the Issuer, conditions in the securities markets and general economic and industry conditions, Loeb may in the future take such actions with respect to its investment in the Issuer as it deems appropriate including, without limitation, seeking Board representations, making proposals to the Issuer concerning the capitalization of the Issuer, purchasing additional Common Stock and other securities of the Issuer, selling some or all of its Common Stock, engaging in short selling of or any hedging or similar transaction with respect to the Common Stock of the Issuer or changing its intention partially or entirely with respect to any and all matters referred to in Item 4.

Item 5.

Interest in Securities of the Issuer

(a)

The persons reporting hereby owned the following shares of Common Stock as of November 10, 2008.

Shares of Common Stock

Loeb Arbitrage Fund

59,378

Loeb Partners Corporation**

36,870

Loeb Offshore Fund Ltd.

14,534

Loeb Marathon Fund LP

21,573

Loeb Marathon Offshore Fund, Ltd.

14,486

Loeb Arbitrage B Fund LP

21,727

Loeb Offshore B Fund Ltd.

8,222

Total

176,790

(b)

See paragraph (a) above.

(c)

The following purchases and sales (-) of Common Stock have been made since our last filing:

Purchases and Sales (-) of Common Stock

Date

Shares

Average Price

Loeb Partners Corp.

11/18/08

-1631

9.9996

11/17/08

-61

10.65

11/14/08

-842

10.7143

11/13/08

-4749

10.4382

11/11/08

-1101

12.2345

11/07/08

-1042

12

11/06/08

-622

12.0064

11/05/08

-5188

12.2671

11/04/08

-827

13

11/03/08

-770

12.5445

10/31/08

-4153

11.9947

10/29/08

-438

12.2414

10/28/08

-707

13.0319

Date

Shares

Average Price

Loeb Arbitrage Fund

11/18/08

-2627

9.9996

11/17/08

-101

10.65

11/14/08

-1356

10.7143

11/13/08

-1595

10.4382

11/11/08

-370

12.2345

11/07/08

-1679

12

11/06/08

-1002

12.0064

11/05/08

-8356

12.2671

11/04/08

-1333

13

11/03/08

-1239

12.5445

10/31/08

-6688

11.9947

10/29/08

-705

12.2414

10/28/08

-1139

13.0319

Date

Shares

Average Price

Loeb Offshore Fund, Ltd.

11/18/08

-643

9.9996

11/17/08

-25

10.65

11/14/08

-332

10.7143

11/13/08

-390

10.4382

11/11/08

-91

12.2345

11/07/08

-411

12

11/06/08

-245

12.0064

11/05/08

-2046

12.2671

11/04/08

-326

13

11/03/08

-303

12.5445

10/31/08

-1637

11.9947

10/29/08

-173

12.2414

10/28/08

-279

13.0319

Date

Shares

Average Price

Loeb Arbitrage B Fund LP

11/18/08

-961

9.9996

11/17/08

-37

10.65

11/14/08

-496

10.7143

11/13/08

-584

10.4382

11/11/08

-135

12.2345

11/07/08

-615

12

11/06/08

-366

12.0064

11/05/08

-3058

12.2671

11/04/08

-488

13

11/03/08

-454

12.5445

10/31/08

-2447

11.9947

10/29/08

-258

12.2414

10/28/08

-417

13.0319

Date

Shares

Average Price

Loeb Offshore B Fund, Ltd.

11/18/08

-364

9.9996

11/17/08

-14

10.65

11/14/08

-188

10.7143

11/13/08

-221

10.4382

11/11/08

-51

12.2345

11/07/08

-233

12

11/06/08

-139

12.0064

11/05/08

-1157

12.2671

11/04/08

-185

13

11/03/08

-172

12.5445

10/31/08

-926

11.9947

10/29/08

-98

12.2414

10/28/08

-158

13.0319

Date

Shares

Average Price

Loeb Marathon Fund LP

11/18/08

-954

9.9996

11/17/08

-37

10.65

11/14/08

-492

10.7143

11/13/08

-579

10.4382

11/11/08

-134

12.2345

11/07/08

-610

12

11/06/08

-364

12.0064

11/05/08

-3036

12.2671

11/04/08

-484

13

11/03/08

-450

12.5445

10/31/08

-2429

11.9947

10/29/08

-256

12.2414

10/28/08

-414

13.0319

Date

Shares

Average Price

Loeb Marathon Offshore Fund, Ltd.

11/18/08

-641

9.9996

11/17/08

-25

10.65

11/14/08

-331

10.7143

11/13/08

-389

10.4382

11/11/08

-90

12.2345

11/07/08

-410

12

11/06/08

-244

12.0064

11/05/08

-2039

12.2671

11/04/08

-325

13

11/03/08

-302

12.5445

10/31/08

-1632

11.9947

10/29/08

-172

12.2414

10/28/08

-278

13.0319

(d)

Not Applicable.

(e)

Not Applicable.

Item 6.

Contracts, Arrangement, Understandings or Relationships with Respect to the Issuer.

None.

Item 7.

Materials to be Filed as Exhibits.

None.

LOEB PARTNERS CORPORATION

Date: November 20, 2008

By:

/s/ Michael S. Emanuel

Michael S. Emanuel

Senior Vice President

LOEB ARBITRAGE FUND

By: LOEB ARBITRAGE MANAGEMENT, LLC, G.P.

Date: November 20, 2008

By:

/s/ Michael S. Emanuel

Michael S. Emanuel

Vice President

LOEB OFFSHORE FUND LTD.

Date: November 20, 2008

By:

/s/ Michael S. Emanuel

Michael S. Emanuel

Vice President

LOEB ARBITRAGE B FUND LP

By: LOEB ARBITRAGE B MANAGEMENT, LLC, G.P.

Date: November 20, 2008

By:

/s/ Michael S. Emanuel

Michael S. Emanuel

Vice President

LOEB OFFSHORE B FUND LTD.

Date: November 20, 2008

By:

/s/ Michael S. Emanuel

Michael S. Emanuel

Vice President

LOEB MARATHON FUND LP

By: LOEB ARBITRAGE MANAGEMENT, LLC, G.P.

Date: November 20, 2008

By:

/s/ Michael S. Emanuel

Michael S. Emanuel

Vice President

LOEB MARATHON OFFSHORE FUND, LTD.

Date: November 20, 2008

By:

/s/ Michael S. Emanuel

Michael S. Emanuel

Vice President