INTERSTATE HOTELS CORP
SC 13D/A, 2000-09-26
HOTELS & MOTELS
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<PAGE>

                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                  SCHEDULE 13D
                                (Rule 13d - 101)

  INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13d-1(a) AND
               AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(a)

                               (Amendment No. 5)

                         INTERSTATE HOTELS CORPORATION
                         -----------------------------
                                (Name of Issuer)

                          Common Stock, $.01 par value
                          ----------------------------
                         (Title of Class of Securities)

                                   46088R108
                                   ---------
                                 (CUSIP Number)


                                Gary M. Goldberg
                                Montebello Park
                               75 Montebello Road
                            Suffern, New York 10901

                                with a copy to:

                           Richard P. Ackerman, Esq.
                     Goodkind Labaton Rudoff & Sucharow LLP
                          100 Park Avenue, 12th Floor
                               New York, NY 10017
           (Name, Address and Telephone Number of Persons Authorized
                     to Receive Notices and Communications)




                               September 22, 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 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 [ ].

                         (Continued on following page)


<PAGE>

The Cover Page to the Schedule 13D is amended or added to as follows:

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 2 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                    Gary M. Goldberg

               I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/


--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               366,596 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER
                              0

                    ------------------------------------------------------------
                     9   SOLE DISPOSITIVE POWER
                              366,596 shares (see Introductory Statement)

                    ------------------------------------------------------------
                     10  SHARED DISPOSITIVE POWER
                              0

--------------------------------------------------------------------------------
     11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

--------------------------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 3 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                           Gary Goldberg & Co., Inc.

               I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

                           13-2731992
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    WC
--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    Delaware

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               277,616 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

                    ------------------------------------------------------------
                     9   SOLE DISPOSITIVE POWER

                              277,616 shares (see Introductory Statement)

                    ------------------------------------------------------------
                     10  SHARED DISPOSITIVE POWER

                              0

--------------------------------------------------------------------------------
     11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
               366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON
                    CO

--------------------------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 4 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                           VIP 100, L.P.

               I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

                           13-3538358
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    WC
--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    Delaware

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               88,980 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

                    ------------------------------------------------------------
                     9   SOLE DISPOSITIVE POWER

                              88,980 shares (see Introductory Statement)

                    ------------------------------------------------------------
                     10  SHARED DISPOSITIVE POWER

                              0

--------------------------------------------------------------------------------
     11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON
                    PN

--------------------------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 5 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Gordon Adsluf

               I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               2,199 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

                    ------------------------------------------------------------
                     9   SOLE DISPOSITIVE POWER

                              2,199 shares (see Introductory Statement)

                    ------------------------------------------------------------
                     10  SHARED DISPOSITIVE POWER

                              0

--------------------------------------------------------------------------------
     11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    366,596 shares (see Introductory Statement)
--------------------------------------------------------------------------------
     12        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
               CERTAIN SHARES*                                               / /

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

--------------------------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 6 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Brian Bassuk

               I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

                          (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               5,033 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

                    ------------------------------------------------------------
                     9   SOLE DISPOSITIVE POWER

                              5,033 shares (see Introductory Statement)

                    ------------------------------------------------------------
                     10  SHARED DISPOSITIVE POWER

                              0

--------------------------------------------------------------------------------
     11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

--------------------------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 7 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                 Annette Berkman

                    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

                          (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               666 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

                    ------------------------------------------------------------
                     9   SOLE DISPOSITIVE POWER

                              666 shares (see Introductory Statement)

                    ------------------------------------------------------------
                     10  SHARED DISPOSITIVE POWER
                              0

--------------------------------------------------------------------------------
     11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

--------------------------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 8 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Edward Carter

                    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               10,000 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

                    ------------------------------------------------------------
                     9   SOLE DISPOSITIVE POWER

                              10,000 shares (see Introductory Statement)

                    ------------------------------------------------------------
                     10  SHARED DISPOSITIVE POWER

                              0

--------------------------------------------------------------------------------
     11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

--------------------------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 9 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                 Dan Cervellino

                    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               2,000 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

                    ------------------------------------------------------------
                     9   SOLE DISPOSITIVE POWER
                              2,000 shares (see Introductory Statement)

                    ------------------------------------------------------------
                     10  SHARED DISPOSITIVE POWER
                              0

--------------------------------------------------------------------------------
     11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

--------------------------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 10 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                   Edward Daly

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               3,366 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

                    ------------------------------------------------------------
                     9   SOLE DISPOSITIVE POWER
                              3,366 shares (see Introductory Statement)

                    ------------------------------------------------------------
                     10  SHARED DISPOSITIVE POWER
                              0

--------------------------------------------------------------------------------
     11        AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                    366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

--------------------------------------------------------------------------------

<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 11 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Hugh Delvalle

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               1,076 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    1,076 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 12 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Thomas DeMaio

                    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               1,033 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    1,033 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 13 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                 Harry DiPeitro

                    I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               5,000 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    5,000 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 14 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                   Tanya Drake

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTTIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               2,000 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    2,000 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 15 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                   Louis Ecker

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTTIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               5,100 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    5,100 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 16 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                         Thomas Finehout

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTTIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               2,025 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    2,025 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 17 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                         Alan Frankel

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTTIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               300 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    300 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 18 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                 Robert Friedel

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTTIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               320 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    320 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 19 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  John Gilbert

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTTIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               1,875 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    1,875 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 20 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                Barbara Haessler

                    S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               366 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    366 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 21 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Edward Heinz

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               1,066 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    1,066 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 22 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                 Leonard Israel

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               3,000 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    3,000 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 23 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Marvin Kranes

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               550 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    550 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 24 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                Dorothy Lopreato

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               2,200 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    2,200 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 25 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                 Rita Mayersohn

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               1,500 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    1,500 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
     11         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 26 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                   Rocco Miano

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               2,100 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    2,100 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 27 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Edith Nathan

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               360 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    360 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 28 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                 Margaret Nikola

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               200 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    200 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

--------------------------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 29 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Paul Nussbaum

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

------------------- ------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               32,863 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    32,863 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 30 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                 Marcia Pledger

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

------------------- ------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               1,000 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    1,000 (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 31 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                   Rita Pouria

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               1,566 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    1,566 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------


<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 32 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  Murray Salit

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               1,000 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    1,000 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 33 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                   Rich Texler

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               1,500 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    1,500 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

--------------------------                             -------------------------
CUSIP NO. 46088R108                                    Page 34 of 39 Pages
--------------------------                             -------------------------

--------------------------------------------------------------------------------
     1         NAME OF REPORTING PERSON

                                  William Vido

               S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
--------------------------------------------------------------------------------
     2         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP          (a) / /
                                                                         (b) /X/

               (see Introductory Statement)
--------------------------------------------------------------------------------
     3         SEC USE ONLY

--------------------------------------------------------------------------------
     4         SOURCE OF FUNDS

                    PF

--------------------------------------------------------------------------------
     5         CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
               PURSUANT TO ITEM 2(d) or 2(e)                                 / /


--------------------------------------------------------------------------------
     6         CITIZENSHIP OR PLACE OF ORGANIZATION

                    United States of America

--------------------------------------------------------------------------------
                     7   SOLE VOTING POWER
 NUMBER OF SHARES
   BENEFICIALLY               2,000 shares (see Introductory Statement)
  OWNED BY EACH
 REPORTING PERSON
       WITH
                    ------------------------------------------------------------
                     8   SHARED VOTING POWER

                              0

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                     9
                            SOLE DISPOSITIVE POWER
                                    2,000 shares (see Introductory Statement)

------------------- ------- ----------------------------------------------------
------------------- ------- ----------------------------------------------------
                    10
                            SHARED DISPOSITIVE POWER
                                        0

------------------- ------- ----------------------------------------------------
------------------- ------------------------------------------------------------
        11
                    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                           366,596 shares (see Introductory Statement)

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

--------------------------------------------------------------------------------
     13        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
                    Approximately 5.7% (see Introductory Statement)

--------------------------------------------------------------------------------
     14        TYPE OF REPORTING PERSON*
                    IN

------------------- ------------------------------------------------------------



<PAGE>

Introductory Statement
----------------------

         This Amendment to Schedule 13D amends as of September 22, 2000,
pursuant to Rule 13d-2(a) promulgated under the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), the Schedule 13D filed on October 13, 1999 and
Amendment No. 1, Amendment No. 2, Amendment No. 3 and Amendment No. 4 thereto,
filed on November 24, 1999, November 26, 1999, March 23,2000 and April 19, 2000,
respectively (collectively, the "Schedule 13D Filings"), by Gary M. Goldberg
("Goldberg"), Gary Goldberg & Co., Inc. ("GGC"), VIP 100, L.P. ("VIP 100"),
Gordon Adsluf, Brian Bassuk, Annette Berkman, Edward Carter, Dan Cervellino,
Edward Daly, Thomas DeMaio, Hugh Delvalle, Harry DiPeitro, Tanya Drake, Louis
Ecker, Thomas Finehout, Alan Frankel, Robert Friedel, John Gilbert, Barbara
Haessler, Edward Heinz, Leonard Israel, Marvin Kranes, Dorothy Lopreato, Rita
Mayersohn, Rocco Miano, Edith Nathan, Margaret Nikola, Marcia Pledger, Rita
Pouria, Paul Nussbaum, Murray Salit, Rich Texler and William Vido (the "Original
Reporting Persons"), and relates to a decrease of the interest of certain of
those persons or entities in the shares of common stock, par value $.01 per
share (the "Common Stock"), of Interstate Hotels Corporation (the "Issuer").

         The persons filing this Amendment No. 5 to Schedule 13D (this
"Amendment") do so pursuant to an Agreement Respecting Joint Filing of Schedule
13D and Power of Attorney, the form of which was previously filed as Exhibit 1
to Amendment No. 4 to this Schedule (the "Filing Agreement"). This Amendment
reflects the following facts: (i) Goldberg is a controlling person of GGC, VIP
100 and Gary Goldberg VIP 100, Inc. ("VIPGP") and, as such, may be deemed to be
the beneficial owner of any shares of Common Stock (the "Shares") of which GGC,
VIP 100 or VIPGP may be deemed a beneficial owner; (ii) Goldberg and GGC may be
deemed to be the beneficial owner of any Shares held by any of GGC's customers
who maintain "discretionary accounts" with GGC (pursuant to which accounts GGC
has voting power and/or dispositive power with respect to the Shares); (iii)
certain customers of GGC who do not maintain discretionary accounts with GGC
have purchased Shares based in part upon the recommendation of Goldberg or GGC
(the "IHCO Customers") and, although there is no agreement or understanding that
they will do so, it may be reasonably anticipated that they will follow the
recommendations of Goldberg or GGC with respect to the voting and/or the
disposition of such Shares; and (iv) as a result of the foregoing, Goldberg,
GGC, VIP 100 and the IHCO Customers may be deemed to be a "group," within the
meaning of Section 13(d)(3) of the Exchange Act. By their execution of the
Filing Agreement, the IHCO Customers have agreed to the reporting of their
shares in this Amendment. Such Filing Agreement shall not be construed as an
admission for purposes of Section 13(d) or 13(g) of the Exchange Act, that (i)
any IHCO Customer is the beneficial owner of Shares held by any other Reporting
Person, (ii) any other Reporting Person is the beneficial owner of any Shares
held by any IHCO Customer or (iii) any IHCO Customer is part of a group.
Customers of GGC who do not maintain discretionary accounts with GGC (other than
the IHCO Customers) own an aggregate of 12,501 Shares which were acquired on or
about June 18, 1999, pursuant to a distribution of Shares by Wyndham
International, Inc. to its shareholders in connection with the "spin-off" of 92%
of the then issued and outstanding Common Stock of the Issuer ("Spin-Off").
Neither such 12,501 Shares nor the holders thereof are reported in this Schedule
13D. Other than Spin-Off Shares held by the Original Reporting Persons, neither
such Spin-Off Shares nor the holders thereof are reported in this Schedule 13D.


                              Page 35 of 39 pages

<PAGE>

Item 1.  Security and Issuer.
------   -------------------

         No change since the Schedule 13D Filings.


Item 2.  Identity and Background.
------   -----------------------

     (a) - (c) No change since the Schedule 13D Filings.

     (d) - (e) No change.

           (f) No change.

The following is added to Item 3:

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

         The aggregate amount paid for the Common Stock acquired by the Original
Reporting Persons and Additional Reporting Persons was approximately $1,280,000,
which amount does not include brokerage commissions. In addition, the Original
Reporting Persons acquired an aggregate of 13,147 Shares pursuant to the
Spin-Off, as defined in the Introductory Statement.

Item 4.  Purpose of Transaction.
------   ----------------------

         No change.

Item 5.  Interest in Securities of the Issuer.
------   ------------------------------------

         No change except that the following table reflects changes in the
beneficial ownership of Original Reporting Persons and the beneficial ownership
of the Additional Reporting Persons:

         (a) For purposes of this Schedule 13D, the percentage for each person
or entity of the outstanding Shares beneficially owned has been computed on the
basis of 6,339,471 Shares outstanding, based upon the information set forth in
the Company's Annual Report on Form 10-Q for the quarter ended June 30, 2000
filed on September 15, 2000.

Name                                  No. of Shares Beneficially Owned       (%)
----                                  --------------------------------       ---
Gary Goldberg & Co., Inc.                                      277,616    4.379%
Gary M. Goldberg                                               366,596    5.733%
VIP 100, L.P.                                                   88,980    1.404%
Adsluf, Gordon                                                   2,199    0.035%
Bassuk, Brian                                                    5,033    0.079%
Berkman, Annette                                                   666    0.011%
Carter, Edward                                                  10,000    0.158%
Cervellino, Dan                                                  2,000    0.032%
Daly, Edward                                                     3,366    0.053%
Delvalle, Hugh                                                   1,076    0.017%
DeMaio, Thomas                                                   1,033    0.016%
DiPeitro, Harry                                                  5,000    0.079%
Drake, Tanya                                                     2,000    0.032%
Ecker, Louis                                                     5,100    0.080%


                              Page 36 of 39 pages

<PAGE>

Name                                  No. of Shares Beneficially Owned       (%)
----                                  --------------------------------       ---
Finehout, Thomas                                                 2,025    0.032%
Frankel, Alan                                                      300    0.005%
Friedel, Robert                                                    320    0.005%
Gilbert, John                                                    1,875    0.030%
Haessler, Barbara                                                  366    0.006%
Heinz, Edward                                                    1,066    0.017%
Israel, Leonard                                                  3,000    0.047%
Kranes, Marvin                                                     550    0.009%
Lopreato, Dorothy                                                2,200    0.035%
Mayersohn, Rita                                                  1,500    0.024%
Miano, Rocco                                                     2,100    0.033%
Nathan, Edith                                                      360    0.006%
Nikola, Margaret                                                   200    0.003%
Nussbaum, Paul                                                  32,863    0.518%
Pledger, Marcia                                                  1,000    0.016%
Pouria, Rita                                                     1,566    0.025%
Salit, Murray                                                    1,000    0.016%
Texler, Rich                                                     1,500    0.024%
Vido, William                                                    2,000    0.032%

                  (b)      No change since the filing of the Schedule 13D
                           Filings.

                  (c)      No change except the following:

         The following table sets forth information with respect to all
transactions in the Common Stock that were effected since the filing of the
Schedule 13D Filings by the persons referred to in paragraph (a):

I.  Gary Goldberg & Co., Inc.

<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------------------
Shareholder Name               Date of               Type of                   Number of                Price Per
                             Transaction      Transaction (Purchase             Shares                    Share
                                                    or Sale)
------------------------------------------------------------------------------------------------------------------------
<S>                           <C>                     <C>                            <C>                <C>
Discretionary Account         04/20/00                  S                             4,500              2 3/16
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         05/19/00                  S                             8,897              2 1/16
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         06/07/00                  P                             5,000              2 15/16
------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co            06/07/00                  S                             3,200                 3
------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co            06/08/00                  S                             2,000                 3
------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co            06/09/00                  S                             2,709                 3
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         06/27/00                  S                             3,000               2 3/4
------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co            06/27/00                  P                             3,000               2 3/4
------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co            06/27/00                  S                             3,000               2 7/8
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         06/28/00                  S                             3,333               2 3/4
------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co            06/28/00                  P                             3,333               2 3/4
------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co            06/28/00                  S                             3,333               2 7/8
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         08/02/00                  S                             2,033               2 5/8
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         08/11/00                  S                             1,500               2 3/4
------------------------------------------------------------------------------------------------------------------------

</TABLE>


                              Page 37 of 39 pages

<PAGE>

<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------------------
Shareholder Name               Date of               Type of                   Number of                Price Per
                             Transaction      Transaction (Purchase             Shares                    Share
                                                    or Sale)
------------------------------------------------------------------------------------------------------------------------
<S>                           <C>                     <C>                            <C>                <C>
Gary Goldberg & Co            08/11/00                  P                             1,500               2 3/4
------------------------------------------------------------------------------------------------------------------------
Gary Goldberg & Co            08/11/00                  S                             1,500              2 13/16
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         09/13/00                  S                             5,500               2 3/8
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         09/14/00                  S                            22,000               2 3/8
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         09/18/00                  S                             1,100               2 3/8
------------------------------------------------------------------------------------------------------------------------
Discretionary Account         09/22/00                  S                             2,200               2 3/8
------------------------------------------------------------------------------------------------------------------------

</TABLE>

II.  VIP 100, L.P.

<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------------------
Shareholder Name               Date of               Type of                   Number of                Price Per
                             Transaction           Transaction                  Shares                    Share
------------------------------------------------------------------------------------------------------------------------
<S>                           <C>                     <C>                            <C>                <C>
None
------------------------------------------------------------------------------------------------------------------------

</TABLE>

III.  Gary Goldberg - Personal

<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------------------
Shareholder Name               Date of               Type of                   Number of                Price Per
                             Transaction      Transaction (Purchase             Shares                    Share
                                                    or Sale)
------------------------------------------------------------------------------------------------------------------------
<S>                           <C>                     <C>                            <C>                <C>
None.
------------------------------------------------------------------------------------------------------------------------

</TABLE>

IV.  IHCO Customers

<TABLE>
<CAPTION>

------------------------------------------------------------------------------------------------------------------------
Shareholder Name               Date of               Type of                   Number of                  Price
                             Transaction      Transaction (Purchase             Shares                  Per Share
                                                    or Sale)
-----------------------------------------------------------------------------------------------------------------------
<S>                           <C>              <C>                            <C>                        <C>
Paul Nussbaum                  6/26/00          Gifted to Charity                8889
------------------------------------------------------------------------------------------------------------------------

</TABLE>

(d)      No change since the filing of the Schedule 13D Filings.

                  (e)      Not applicable.


Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect
         to Securities of the Issuer.
         ---------------------------------------------------------------------

         No change since the filing of the Schedule 13D Filings.


Item 7.  Material to be Filed as Exhibits.
------   --------------------------------

         None.


                              Page 38 of 39 pages

<PAGE>

                                   SIGNATURES
                                   ----------

         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.

Dated:  September 22, 2000.
                                             /s/ Gary M. Goldberg
                                             -----------------------------------
                                             Gary M. Goldberg




                                             GARY GOLDBERG & CO., INC.

                                             By: /s/ Gary M. Goldberg
                                                 -------------------------------
                                                 Gary M. Goldberg, President




                                             VIP 100, L.P.
                                             By: Gary Goldberg VIP, Inc.,
                                                 general partner

                                             By: /s/ Gary M. Goldberg
                                                 -------------------------------
                                                 Gary M. Goldberg, President


                                             /s/ Gary M.
                                             Goldberg Gary M.
                                             Goldberg, as
                                             attorney-in-fact
                                             for Gordon Adsluf,
                                             Brian Bassuk,
                                             Annette Berkman,
                                             Edward Carter, Dan
                                             Cervellino, Edward
                                             Daly, Thomas
                                             DeMaio, Hugh
                                             Delvalle, Harry
                                             DiPeitro, Tanya
                                             Drake, Louis
                                             Ecker, Thomas
                                             Finehout, Alan
                                             Frankel, Robert
                                             Friedel, John
                                             Gilbert, Barbara
                                             Haessler, Edward
                                             Heinz, Leonard
                                             Israel, Marvin
                                             Kranes, Dorothy
                                             Lopreato, Rita
                                             Mayersohn, Rocco
                                             Miano, Edith
                                             Nathan, Margaret
                                             Nikola, Marcia
                                             Pledger, Rita
                                             Pouria, Paul
                                             Nussbaum, Murray
                                             Salit, Rich Texler
                                             and William Vido.


                              Page 39 of 39 pages



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