BARNES & NOBLE INC
SC 13G/A, 1996-07-10
MISCELLANEOUS SHOPPING GOODS STORES
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                               UNITED STATES
                    SECURITIES AND EXCHANGE COMMISSION
                          Washington, D.C.  20549


                               SCHEDULE 13G


                 Under the Securities Exchange Act of 1934

                       (Amendment No. _____1_____)*


                           Barnes & Noble, Inc.
                             (Name of Issuer)

                      COMMON STOCK, $0.001 PAR VALUE
                      (Title of Class of Securities)

                                 067774109
                              (CUSIP Number)


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

    *The remainder of  this cover page shall be filled  out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for  any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.

    The information required in the remainder of this  cover page shall not
be deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that
section of the Act but shall be subject to all other provisions of the Act
(however, see the Notes).

<PAGE>
<PAGE>
1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Forstmann-Leff Associates Inc.
   13-3131718

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

                                                (b) 


3  SEC USE ONLY


4  CITIZENSHIP OR PLACE OF ORGANIZATION

   New York


                    5  SOLE VOTING POWER
   NUMBER OF
     SHARES            2,296,950 shares
  BENEFICIALLY
    OWNED BY        6  SHARED VOTING POWER
      EACH
    REPORTING          250,500 shares
     PERSON
      WITH
                    7  SOLE DISPOSITIVE POWER

                       2,553,350 shares

                    8  SHARED DISPOSITIVE POWER

                       879,850 shares

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     3,433,200 shares

10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    10.4%

12  TYPE OF REPORTING PERSON

    IA, CO

<PAGE>
<PAGE>
1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   FLA Asset Management, Inc.
   13-29256626

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

                                                (b) 

3  SEC USE ONLY


4  CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware


                    5  SOLE VOTING POWER
   NUMBER OF
     SHARES            None
  BENEFICIALLY
    OWNED BY        6  SHARED VOTING POWER
      EACH
    REPORTING          116,700 shares
     PERSON
      WITH
                    7  SOLE DISPOSITIVE POWER

                       None

                    8  SHARED DISPOSITIVE POWER

                       746,050 shares

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     746,050 shares

10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    2.3%

12  TYPE OF REPORTING PERSON

    IA, CO

<PAGE>
<PAGE>
1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Stamford Advisers Corp.
   13-3421430

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

                                                (b) 


3  SEC USE ONLY



4  CITIZENSHIP OR PLACE OF ORGANIZATION

   New York


                    5  SOLE VOTING POWER
   NUMBER OF
     SHARES            None
  BENEFICIALLY
    OWNED BY        6  SHARED VOTING POWER
      EACH
    REPORTING          92,900 shares
     PERSON
      WITH
                    7  SOLE DISPOSITIVE POWER

                       None

                    8  SHARED DISPOSITIVE POWER

                       92,900 shares

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     92,900 shares

10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    0.3%

12  TYPE OF REPORTING PERSON

    IA, CO

<PAGE>
<PAGE>
1  NAME OF REPORTING PERSON
   S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

   Forstmann-Leff Associates L.P.
   13-3717850

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

                                                (b) 


3  SEC USE ONLY



4  CITIZENSHIP OR PLACE OF ORGANIZATION

   Delaware


                    5  SOLE VOTING POWER
   NUMBER OF
     SHARES            None
  BENEFICIALLY
    OWNED BY        6  SHARED VOTING POWER
      EACH
    REPORTING          40,900 shares
     PERSON
      WITH
                    7  SOLE DISPOSITIVE POWER

                       None

                    8  SHARED DISPOSITIVE POWER

                       40,900 shares

9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

     40,900 shares

10  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES


11  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

    0.1%

12  TYPE OF REPORTING PERSON

    IA, PN

<PAGE>
<PAGE>
Item 1(a) NAME OF ISSUER:

     Barnes & Noble, Inc.

Item 1(b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES:

     122 Fifth Avenue
     New York, NY  10011

Item 2(a) NAME OF PERSON FILING:

     See Item 1 of the cover pages attached hereto

Item 2(b) Address of Principal Business Office, or if none, residence:

     55 East 52nd Street
     New York, New York  10055

Item 2(c) CITIZENSHIP:

     See Item 4 of the cover pages attached hereto

Item 2(d) TITLE OF CLASS OF SECURITIES:

     Common Stock, par value $0.001

Item 2(e) CUSIP NUMBER:

          067774109

Item 3    Forstmann-Leff Associates Inc., a New York corporation, is a
          registered investment adviser under Section 203 of the Investment
          Advisers  Act of 1940  (the "Act").  FLA Asset Management, Inc. is
          a registered investment adviser under the Act and a subsidiary of
          Forstmann-Leff Associates Inc. Stamford Advisers Corp. is a
          registered investment adviser under the Act and a subsidiary of
          Forstmann-Leff Associates Inc.  Forstmann-Leff Associates L.P. is
          a registered investment adviser under the Act.  FLA Asset
          Management, Inc. is the general partner of Forstmann-Leff
          Associates L.P.

Item 4    OWNERSHIP:

     (a)  Amount beneficially owned:
          See Item 9 of the cover pages attached hereto

     (b)  Percent of Class:
          See Item 11 of the cover pages attached hereto

     (c)  See Items 5 through 8  of the cover pages attached hereto

Item 5    OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS:

     Not Applicable

Item 6    OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON:

     Not Applicable

Item 7    IDENTIFICATION AND CLASSIFICATION  OF THE SUBSIDIARY WHICH 
          ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING
          COMPANY:

          Not Applicable

Item 8    IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP:

          Not Applicable

Item 9    NOTICE OF DISSOLUTION OF GROUP:

          Not Applicable

Item 10   CERTIFICATION:

          By signing below I certify that, to the best of my knowledge and
          belief, the securities referred to above were acquired in the
          ordinary course of business and were not acquired for the purpose
          of and do not have the effect of changing or influencing the
          control of the issuer of such securities and were not acquired in
          connection with or as a participant in any transaction having such
          purposes or effect.


PAGE
<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.

July 9, 1996

                         FORSTMANN-LEFF ASSOCIATES INC.


                         By:     /s/ Joel B. Leff                    
                              Joel B. Leff
                              Chairman of the Board 


                         FLA ASSET MANAGEMENT, INC.


                         By:    /s/ Joel B. Leff                      
                              Joel B. Leff
                              Chairman of the Board 


                         STAMFORD ADVISERS CORP.


                         By:   /s/ Joel B. Leff                      
                              Joel B. Leff
                              Chairman of the Board 


                         FORSTMANN-LEFF ASSOCIATES L.P.


                         By:  FLA Asset Management, 
                              General Partner

                         By:   /s/ Joel B. Leff                    
                              Joel B. Leff
                              Chairman of the Board 
<PAGE>
<PAGE>

                                                                  Exhibit A


                                 AGREEMENT

     The undersigned, Forstmann-Leff Associates Inc., FLA Asset Management,
Inc., Stamford Advisers Corp., and Forstmann-Leff Associates L.P. agree that
the statement to which this exhibit is appended is filed on behalf of both of
them.


July 9, 1996

                         FORSTMANN-LEFF ASSOCIATES INC.


                         By:     /s/ Joel B. Leff                    
                              Joel B. Leff
                              Chairman of the Board 


                         FLA ASSET MANAGEMENT, INC.


                         By:    /s/ Joel B. Leff                      
                              Joel B. Leff
                              Chairman of the Board 


                         STAMFORD ADVISERS CORP.


                         By:   /s/ Joel B. Leff                      
                              Joel B. Leff
                              Chairman of the Board 


                         FORSTMANN-LEFF ASSOCIATES L.P.


                         By:       FLA Asset Management, 
                                   General Partner

                         By:   /s/ Joel B. Leff                    
                              Joel B. Leff
                              Chairman of the Board 



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