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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">As filed with the Securities and
Exchange Commission on July 25, 2019</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: right">Registration No. 333-</P>

</DIV>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 12pt"><B>UNITED
STATES</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT><BR>
<B>Washington, D.C. 20549</B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 12pt"><B>FORM
S-8</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>REGISTRATION STATEMENT</B></FONT><BR>
<B><I>UNDER</I></B><BR>
<B><I>THE SECURITIES ACT OF 1933</I></B></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><FONT STYLE="font-size: 12pt"><B>TOWN
SPORTS INTERNATIONAL HOLDINGS, INC.</B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>(Exact Name of Registrant as Specified in Its Charter)</B></FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 55%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><B>Delaware</B></TD>
    <TD STYLE="width: 45%; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><B>20-0640002</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">(State or Other Jurisdiction of </FONT><BR>
<FONT STYLE="font-size: 10pt">Incorporation or Organization)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">(I.R.S. Employer Identification No.)</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: -20.5pt; padding-left: 5.75pt; text-align: center"><B>1001 US North Highway 1, Suite 201, Jupiter, Florida</B></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><B>33477</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: -20.5pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">(Address of Principal Executive Offices)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">(Zip Code)</FONT></TD></TR>
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    <TD STYLE="padding-right: -20.5pt; padding-left: 5.75pt; text-align: center">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: -20.5pt; padding-left: 5.75pt; text-align: center"><B>399 Executive Boulevard, Elmsford, New York</B></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><B>10523</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 7pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">(Mailing Address)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">(Zip Code)</FONT></TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><B>Town Sports International
Holdings, Inc. 2006 Stock Incentive Plan</B><BR>
<B>(as amended and restated effective as of April 2, 2015</B><BR>
<B>and as further amended effective as of February 12, 2019)</B><BR>
<FONT STYLE="font-size: 10pt">(Full Title of the Plan)</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Carolyn Spatafora</B><BR>
<B>Chief Financial Officer</B><BR>
<B>Town Sports International Holdings, Inc.</B><BR>
<B>399 Executive Boulevard</B><BR>
<B>Elmsford, New York 10523</B><BR>
<FONT STYLE="font-size: 10pt">(Name and Address of Agent for Service)</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in"><B>(212) 246-6700</B><BR>
<FONT STYLE="font-size: 10pt">(Telephone Number, Including Area Code, of Agent For Service)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">___________________</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a non-accelerated filer, a smaller reporting company,
or an emerging growth company. See the definitions of &ldquo;large accelerated filer,&rdquo; &ldquo;accelerated filer,&rdquo; &ldquo;smaller
reporting company,&rdquo; and &ldquo;emerging growth company&rdquo; in Rule 12b-2 of the Exchange Act. (Check one):</P>

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    <TD STYLE="width: 69%; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-size: 10pt">Large accelerated filer&#9;<FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD>
    <TD STYLE="width: 31%; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-size: 10pt">Accelerated filer&#9;<FONT STYLE="font-family: Wingdings">x</FONT></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-size: 10pt">Non accelerated filer&#9;<FONT STYLE="font-family: Wingdings">&#168;</FONT> (Do not check if a smaller reporting company)</FONT></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-size: 10pt">Smaller reporting company&#9;<FONT STYLE="font-family: Wingdings">x</FONT></FONT></TD></TR>
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    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-size: 10pt">Emerging growth company&#9;<FONT STYLE="font-family: Wingdings">&#168;</FONT></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section&nbsp;7(a)(2)(B)&nbsp;of the Securities Act.&nbsp;<FONT STYLE="font-family: Wingdings">&#168;</FONT></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">CALCULATION OF REGISTRATION FEE</P>

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<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 38%; border-top: Black 1.5pt double; border-right: Black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Title of Securities </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>to be Registered</B></FONT></TD>
    <TD STYLE="width: 13%; border-top: Black 1.5pt double; border-right: Black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Amount </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>to be Registered<SUP>(1)</SUP></B></FONT></TD>
    <TD STYLE="width: 17%; border-top: Black 1.5pt double; border-right: Black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Proposed </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Maximum </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Offering Price </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>per Share<SUP>(2)</SUP></B></FONT></TD>
    <TD STYLE="width: 17%; border-top: Black 1.5pt double; border-right: Black 1pt solid; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Proposed </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Maximum </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Aggregate </B></FONT><BR>
<FONT STYLE="font-size: 10pt"><B>Offering Price<SUP>(2)</SUP></B></FONT></TD>
    <TD STYLE="width: 15%; border-top: Black 1.5pt double; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Amount of Registration Fee</B></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1.5pt double; padding-right: 5.75pt; padding-left: 5.75pt"><FONT STYLE="font-size: 10pt">Common Stock, par value $0.001 per share</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1.5pt double; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">2,000,000</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1.5pt double; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">$1.95</FONT></TD>
    <TD STYLE="border-right: Black 1pt solid; border-bottom: Black 1.5pt double; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">$3,900,000</FONT></TD>
    <TD STYLE="border-bottom: Black 1.5pt double; padding-right: 5.75pt; padding-left: 5.75pt; text-align: center"><FONT STYLE="font-size: 10pt">$472.68</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>This Registration Statement covers 2,000,000 shares of the Registrant&rsquo;s common stock available for issuance under the
Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective as of April 2, 2015 and as
further amended effective as of February 12, 2019) (the &ldquo;Plan&rdquo;). This Registration Statement shall also cover any additional
shares of common stock of the Registrant that become issuable under the Plan by reason of any stock dividend, stock split, recapitalization
or other similar transaction that results in an increase in the number of the outstanding shares of common stock of the Registrant.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>Calculated solely for purposes of the registration fee for this offering in accordance with paragraph (c) and (h)(1) of Rule
457 of the Securities Act of 1933, as amended, on the basis of the average of the high and low prices of the Registrant&rsquo;s
common stock as reported by The NASDAQ Global Market on July 23, 2019.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">&nbsp;</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in">EXPLANATORY NOTE</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">On May 15, 2019, at the 2019 Annual Meeting
of Stockholders of Town Sports International Holdings, Inc. (the &ldquo;Company&rdquo; or the &ldquo;Registrant&rdquo;), the Company&rsquo;s
shareholders approved Amendment No. 3 (the &ldquo;Amendment&rdquo;) to the Town Sports International Holdings, Inc. 2006 Stock
Incentive Plan (as amended and restated effective as of April 2, 2015) effective as of February 12, 2019 (as amended, the &ldquo;Plan&rdquo;).
The Amendment provides that the number of shares of the Company&rsquo;s common stock, par value $0.001 (the &ldquo;Shares&rdquo;),
which may be granted under the Plan shall be increased by 2,000,000 Shares in addition to the 6,500,000 Shares which were previously
authorized for issuance under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">This Registration Statement on Form S-8
(this &ldquo;Registration Statement&rdquo;) relates to the additional 2,000,000 Shares authorized to be issued under the Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The contents of the Registration
Statements on Form S-8 with respect to the Plan, including the Registration Statement on Form S-8 (Registration No.
333-219517), filed with the Securities and Exchange Commission (the &ldquo;SEC&rdquo;) on July 27, 2017, the Registration
Statement on Form S-8 (Registration No. 333-212726), filed with the SEC on July 28, 2016, the Registration Statement on Form
S-8 (Registration No. 333-205955), filed with the SEC on July 30, 2015, the Registration Statement on Form S-8 (Registration
No. 333-175884), filed with the SEC on July 29, 2011, the Registration Statement on Form S-8 (Registration No. 333-151965),
filed with the SEC on June 26, 2008, and the Registration Statement on Form S-8 (Registration No. 333-135048), filed with the
SEC on June 15, 2006, including the information contained therein, are hereby incorporated by reference and made a part
hereof.</P>

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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in">PART I</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">INFORMATION REQUIRED IN THE SECTION
10(a) PROSPECTUS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">Item 1. Plan Information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">Item 2. Registrant Information and
Employee Plan Annual Information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0; text-align: center; text-indent: 0in">PART II</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center">INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">Item 3. Incorporation of Documents
by Reference.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The following documents filed with the
SEC by the Company, are incorporated by reference herein:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(1)</TD><TD>the Company&rsquo;s Annual Report on Form 10-K for the fiscal year ended December 31, 2018, filed with the SEC on February
28, 2019;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(2)</TD><TD>the Company&rsquo;s Quarterly Reports on Form 10-Q for the quarterly period ended March 31, 2019, filed with the SEC on April
25, 2019 and for the quarterly period ended June 30, 2019, filed with the SEC on July 25, 2019;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(3)</TD><TD>the Company&rsquo;s Current Reports on Form 8-K, filed with the SEC on February 28, 2019, March 25, 2019, April 4, 2019, April
25, 2019 and May 21, 2019;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(4)</TD><TD>the description of the Shares in the Company&rsquo;s Registration Statement on Form 8-A (File No. 000-52013), as filed on May
22, 2006, pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (the &ldquo;Exchange Act&rdquo;), and in
any report filed for the purpose of amending such description, including the disclosure in the Company&rsquo;s Current Reports
on Form 8-K, filed with the SEC on May 19, 2008 and September 17, 2014.</TD></TR></TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">All documents subsequently filed by the
Company with the SEC pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective
amendment to this Registration Statement indicating that all securities offered hereby have been sold or deregistering all securities
then remaining unsold, shall be deemed to be incorporated by reference herein and to be part hereof from the date of filing of
such documents. The Company is not, however, incorporating by reference any documents or portions thereof, whether specifically
listed above or filed in the future, that are not deemed &ldquo;filed&rdquo; with the SEC, or any information furnished pursuant
to Items 2.02 or 7.01 of any Current Report on Form 8-K, or certain exhibits furnished pursuant to Item 9.01 of Form 8-K.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Any statement contained in any document
incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this
Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is
or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded
shall not be deemed to constitute a part of this Registration Statement, except as so modified or superseded.</P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">Item 4. Description of Securities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">Item 5. Interests of Named Experts
and Counsel.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The validity of the securities offered
hereby has been passed upon by Olshan Frome Wolosky LLP, counsel to the Registrant.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">Item 6. Indemnification of Directors
and Officers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">Item 7. Exemption from Registration
Claimed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">None.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">Item 8. Exhibits.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 16%; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; border-bottom: Black 0.5pt solid"><B>Exhibit No.</B></P></TD>
    <TD STYLE="width: 84%; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; border-bottom: Black 0.5pt solid"><B>Description</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">3.1</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">Amended and Restated Certificate of Incorporation of Town Sports International Holdings, Inc. (incorporated by reference to Exhibit 3.1 of the Registrant&rsquo;s Quarterly Report on Form 10-Q for the quarter ended June 30, 2006).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">3.2</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">Third Amended and Restated By-Laws of Town Sports International Holdings, Inc. (incorporated by reference to Exhibit 3.2 of the Registrant&rsquo;s Current Report on Form 8-K, filed with the SEC on September 17, 2014).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">4.1</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">Form of Common Stock Certificate (incorporated by reference to Exhibit 4.5 of the Registrant&rsquo;s Registration Statement on Form S-1/A, filed with the SEC on May 22, 2006).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">4.2</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective as of April 2, 2015) (incorporated by reference to Appendix B of the Registrant&rsquo;s definitive Proxy Statement on Schedule 14A filed with the SEC on April 2, 2019).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">4.3</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">Amendment No. 3 to the Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective April 2, 2015) (incorporated by reference to Appendix A of the Registrant&rsquo;s definitive Proxy Statement on Schedule 14A filed with the SEC on April 2, 2019).</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">5.1</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">Opinion of Olshan Frome Wolosky LLP, counsel to the Registrant.*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">23.1</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">Consent of PricewaterhouseCoopers LLP.*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">23.2</TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt">Consent of Olshan Frome Wolosky LLP, counsel to the Registrant (included in Exhibit 5.1).*</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">24</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">Power of Attorney (included on signature page).*</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 12pt">* Filed herewith.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0in">Item 9. Undertakings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.</P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in">SIGNATURES</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Pursuant to the requirements of the Securities
Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of New York, State of New York, on this 25th day of July, 2019.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><B>TOWN SPORTS INTERNATIONAL HOLDINGS, INC.</B></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">By:</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; border-bottom: Black 0.5pt solid">/s/ Carolyn Spatafora</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 51%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 6%; padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 9%; padding-right: 5.75pt; padding-left: 5.75pt">Name:</TD>
    <TD STYLE="width: 34%; padding-right: 5.75pt; padding-left: 5.75pt">Carolyn Spatafora</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">Title:</TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">Chief Financial Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center"><A NAME="POA"></A>POWER OF ATTORNEY</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Each person whose signature appears below
constitutes and appoints Carolyn Spatafora as his true and lawful attorney-in-fact and agent, with full power of substitution and
resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments, exhibits thereto and other documents in connection therewith) to this Registration Statement, and to
file the same, with all exhibits thereto, and other documents in connection therewith, with the SEC, granting unto said attorney-in-fact
and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about
the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that
said attorney-in-fact and agent or his or substitute, may lawfully do or cause to be done by virtue hereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Pursuant to the requirements of the Securities
Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the date
indicated.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="width: 34%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 4%">&nbsp;</TD>
    <TD STYLE="width: 44%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-bottom: 1pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Signature</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt"><B>Title</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-size: 10pt"><B>Date</B></FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD>
    <TD COLSPAN="2">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">/s/
        </FONT>Patrick Walsh</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">Chairman and Chief Executive Officer</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">July 25, 2019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">Patrick Walsh</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">(Principal Executive Officer)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid">/s/ Carolyn Spatafora</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">Chief Financial Officer </TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">July 25, 2019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">Carolyn Spatafora</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">(Principal Financial and Accounting Officer)</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">/s/
        </FONT>Martin J. Annese</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">Director</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">July 25, 2019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">Martin J. Annese</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">/s/
        </FONT>Marcus B. Dunlop</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">Director</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">July 25, 2019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">Marcus B. Dunlop</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">/s/
        </FONT>Thomas J. Galligan III</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">Director</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">July 25, 2019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">Thomas J. Galligan III </TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">/s/
        </FONT>Mandy Lam</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">Director</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">July 25, 2019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">Mandy Lam</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 1pt; border-bottom: Black 0.5pt solid"><FONT STYLE="font-size: 10pt">/s/
        </FONT>L. Spencer Wells</P></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">Director</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">July 25, 2019</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-bottom: 1pt">L. Spencer Wells</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: top">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt"></P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-align: center; text-indent: 0in">EXHIBIT INDEX</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 16%; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; border-bottom: Black 0.5pt solid"><B>Exhibit No.</B></P></TD>
    <TD STYLE="width: 84%; padding-right: 5.75pt; padding-left: 5.75pt">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 6pt; border-bottom: Black 0.5pt solid"><B>Description</B></P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000095012306010362/y24129exv3w1.htm" STYLE="-sec-extract: exhibit">3.1</A></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000095012306010362/y24129exv3w1.htm" STYLE="-sec-extract: exhibit">Amended and Restated Certificate of Incorporation of Town Sports International Holdings, Inc. (incorporated by reference to Exhibit 3.1 of the Registrant&rsquo;s Quarterly Report on Form 10-Q for the quarter ended June 30, 2006).</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt">
        <A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000119312514344434/d791021dex32.htm" STYLE="-sec-extract: exhibit">3.2</A></P>
        </TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000119312514344434/d791021dex32.htm" STYLE="-sec-extract: exhibit">Third Amended and Restated By-Laws of Town Sports International Holdings, Inc. (incorporated by reference to Exhibit 3.2 of the Registrant&rsquo;s Current Report on Form 8-K, filed with the SEC on September 17, 2014).</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000095012306006770/y19263a3exv4w5.htm" STYLE="-sec-extract: exhibit">4.1</A></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000095012306006770/y19263a3exv4w5.htm" STYLE="-sec-extract: exhibit">Form
    of Common Stock Certificate (incorporated by reference to Exhibit 4.5 of the Registrant&rsquo;s Registration Statement on
    Form S-1/A, filed with the SEC on May 22, 2006).</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000162828017002976/def14a-2016.htm#s38acccdf79774acab27e0ca9a86ac6d6" STYLE="-sec-extract: exhibit">4.2</A></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000162828017002976/def14a-2016.htm#s38acccdf79774acab27e0ca9a86ac6d6" STYLE="-sec-extract: exhibit">Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective as of April 2, 2015) (incorporated by reference to Appendix B of the Registrant&rsquo;s definitive Proxy Statement on Schedule 14A filed with the SEC on March 28, 2017).</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000128177419000015/def14a-2018.htm#sBAF4033F46E0510F92CAB334E013C66B" STYLE="-sec-extract: exhibit">4.3</A></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="http://www.sec.gov/Archives/edgar/data/1281774/000128177419000015/def14a-2018.htm#sBAF4033F46E0510F92CAB334E013C66B" STYLE="-sec-extract: exhibit">Amendment
    No. 3 to the Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective April 2,
    2015) (incorporated by reference to Appendix A of the Registrant&rsquo;s definitive Proxy Statement on Schedule 14A filed
    with the SEC on April 2, 2019).</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="ex51tos811125005_072519.htm">5.1</A></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="ex51tos811125005_072519.htm">Opinion of Olshan Frome Wolosky LLP, counsel to the Registrant.*</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="ex231tos811125005_072519.htm">23.1</A></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="ex231tos811125005_072519.htm">Consent of PricewaterhouseCoopers LLP.*</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="ex51tos811125005_072519.htm">23.2</A></TD>
    <TD STYLE="padding-right: 5.75pt; padding-bottom: 6pt; padding-left: 5.75pt"><A HREF="ex51tos811125005_072519.htm">Consent of Olshan Frome Wolosky LLP, counsel to the Registrant (included in Exhibit 5.1).*</A></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><A HREF="#POA">24</A></TD>
    <TD STYLE="padding-right: 5.75pt; padding-left: 5.75pt"><A HREF="#POA">Power of Attorney (included on signature page).*</A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt">* Filed herewith.</P>



<P STYLE="margin: 0"></P>

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</HTML>
[{"type": "S-8", "sequence": "1", "filename": "s811125005_07252019.htm", "secsgml_size_bytes": 47413}]
{"company-data": {"conformed-name": "TOWN SPORTS INTERNATIONAL HOLDINGS INC", "cik": "0001281774", "assigned-sic": "7997", "irs-number": "200640002", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-232834", "film-number": "19975333"}, "business-address": {"street1": "1001 US NORTH HIGHWAY 1", "street2": "SUITE 201", "city": "JUPITER", "state": "FL", "zip": "33477", "phone": "(212) 246-6700"}, "mail-address": {"street1": "399 EXECUTIVE BOULEVARD", "city": "ELMSFORD", "state": "NY", "zip": "10523"}}
As filed with the Securities and
Exchange Commission on July 25, 2019
Registration No. 333-
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
FORM
S-8
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
___________________
TOWN
SPORTS INTERNATIONAL HOLDINGS, INC.
(Exact Name of Registrant as Specified in Its Charter)
___________________
Delaware
20-0640002
(State or Other Jurisdiction of
Incorporation or Organization)
(I.R.S. Employer Identification No.)
1001 US North Highway 1, Suite 201, Jupiter, Florida
33477
(Address of Principal Executive Offices)
(Zip Code)
399 Executive Boulevard, Elmsford, New York
10523
(Mailing Address)
(Zip Code)
___________________
Town Sports International
Holdings, Inc. 2006 Stock Incentive Plan
(as amended and restated effective as of April 2, 2015
and as further amended effective as of February 12, 2019)
(Full Title of the Plan)
___________________
Carolyn Spatafora
Chief Financial Officer
Town Sports International Holdings, Inc.
399 Executive Boulevard
Elmsford, New York 10523
(Name and Address of Agent for Service)
(212) 246-6700
(Telephone Number, Including Area Code, of Agent For Service)
___________________
Indicate by check mark whether the registrant
is a large accelerated filer, an accelerated filer, a non-accelerated filer, a non-accelerated filer, a smaller reporting company,
or an emerging growth company. See the definitions of "large accelerated filer," "accelerated filer," "smaller
reporting company," and "emerging growth company" in Rule 12b-2 of the Exchange Act. (Check one):
Large accelerated filer
¨
Accelerated filer
x
Non accelerated filer
¨
(Do not check if a smaller reporting company)
Smaller reporting company
x
Emerging growth company
¨
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 7(a)(2)(B) of the Securities Act.
¨
___________________
CALCULATION OF REGISTRATION FEE
Title of Securities
to be Registered
Amount
to be Registered
(1)
Proposed
Maximum
Offering Price
per Share
(2)
Proposed
Maximum
Aggregate
Offering Price
(2)
Amount of Registration Fee
Common Stock, par value $0.001 per share
2,000,000
$1.95
$3,900,000
$472.68
(1)
This Registration Statement covers 2,000,000 shares of the Registrant's common stock available for issuance under the
Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective as of April 2, 2015 and as
further amended effective as of February 12, 2019) (the "Plan"). This Registration Statement shall also cover any additional
shares of common stock of the Registrant that become issuable under the Plan by reason of any stock dividend, stock split, recapitalization
or other similar transaction that results in an increase in the number of the outstanding shares of common stock of the Registrant.
(2)
Calculated solely for purposes of the registration fee for this offering in accordance with paragraph (c) and (h)(1) of Rule
457 of the Securities Act of 1933, as amended, on the basis of the average of the high and low prices of the Registrant's
common stock as reported by The NASDAQ Global Market on July 23, 2019.
EXPLANATORY NOTE
On May 15, 2019, at the 2019 Annual Meeting
of Stockholders of Town Sports International Holdings, Inc. (the "Company" or the "Registrant"), the Company's
shareholders approved Amendment No. 3 (the "Amendment") to the Town Sports International Holdings, Inc. 2006 Stock
Incentive Plan (as amended and restated effective as of April 2, 2015) effective as of February 12, 2019 (as amended, the "Plan").
The Amendment provides that the number of shares of the Company's common stock, par value $0.001 (the "Shares"),
which may be granted under the Plan shall be increased by 2,000,000 Shares in addition to the 6,500,000 Shares which were previously
authorized for issuance under the Plan.
This Registration Statement on Form S-8
(this "Registration Statement") relates to the additional 2,000,000 Shares authorized to be issued under the Plan.
The contents of the Registration
Statements on Form S-8 with respect to the Plan, including the Registration Statement on Form S-8 (Registration No.
333-219517), filed with the Securities and Exchange Commission (the "SEC") on July 27, 2017, the Registration
Statement on Form S-8 (Registration No. 333-212726), filed with the SEC on July 28, 2016, the Registration Statement on Form
S-8 (Registration No. 333-205955), filed with the SEC on July 30, 2015, the Registration Statement on Form S-8 (Registration
No. 333-175884), filed with the SEC on July 29, 2011, the Registration Statement on Form S-8 (Registration No. 333-151965),
filed with the SEC on June 26, 2008, and the Registration Statement on Form S-8 (Registration No. 333-135048), filed with the
SEC on June 15, 2006, including the information contained therein, are hereby incorporated by reference and made a part
hereof.
PART I
INFORMATION REQUIRED IN THE SECTION
10(a) PROSPECTUS
Item 1. Plan Information.
Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.
Item 2. Registrant Information and
Employee Plan Annual Information.
Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.
PART II
INFORMATION REQUIRED IN THE REGISTRATION
STATEMENT
Item 3. Incorporation of Documents
by Reference.
The following documents filed with the
SEC by the Company, are incorporated by reference herein:
(1)
the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2018, filed with the SEC on February
28, 2019;
(2)
the Company's Quarterly Reports on Form 10-Q for the quarterly period ended March 31, 2019, filed with the SEC on April
25, 2019 and for the quarterly period ended June 30, 2019, filed with the SEC on July 25, 2019;
(3)
the Company's Current Reports on Form 8-K, filed with the SEC on February 28, 2019, March 25, 2019, April 4, 2019, April
25, 2019 and May 21, 2019;
(4)
the description of the Shares in the Company's Registration Statement on Form 8-A (File No. 000-52013), as filed on May
22, 2006, pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and in
any report filed for the purpose of amending such description, including the disclosure in the Company's Current Reports
on Form 8-K, filed with the SEC on May 19, 2008 and September 17, 2014.
All documents subsequently filed by the
Company with the SEC pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective
amendment to this Registration Statement indicating that all securities offered hereby have been sold or deregistering all securities
then remaining unsold, shall be deemed to be incorporated by reference herein and to be part hereof from the date of filing of
such documents. The Company is not, however, incorporating by reference any documents or portions thereof, whether specifically
listed above or filed in the future, that are not deemed "filed" with the SEC, or any information furnished pursuant
to Items 2.02 or 7.01 of any Current Report on Form 8-K, or certain exhibits furnished pursuant to Item 9.01 of Form 8-K.
Any statement contained in any document
incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this
Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is
or is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded
shall not be deemed to constitute a part of this Registration Statement, except as so modified or superseded.
Item 4. Description of Securities.
Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.
Item 5. Interests of Named Experts
and Counsel.
The validity of the securities offered
hereby has been passed upon by Olshan Frome Wolosky LLP, counsel to the Registrant.
Item 6. Indemnification of Directors
and Officers.
Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.
Item 7. Exemption from Registration
Claimed.
None.
Item 8. Exhibits.
Exhibit No.
Description
3.1
Amended and Restated Certificate of Incorporation of Town Sports International Holdings, Inc. (incorporated by reference to Exhibit 3.1 of the Registrant's Quarterly Report on Form 10-Q for the quarter ended June 30, 2006).
3.2
Third Amended and Restated By-Laws of Town Sports International Holdings, Inc. (incorporated by reference to Exhibit 3.2 of the Registrant's Current Report on Form 8-K, filed with the SEC on September 17, 2014).
4.1
Form of Common Stock Certificate (incorporated by reference to Exhibit 4.5 of the Registrant's Registration Statement on Form S-1/A, filed with the SEC on May 22, 2006).
4.2
Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective as of April 2, 2015) (incorporated by reference to Appendix B of the Registrant's definitive Proxy Statement on Schedule 14A filed with the SEC on April 2, 2019).
4.3
Amendment No. 3 to the Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective April 2, 2015) (incorporated by reference to Appendix A of the Registrant's definitive Proxy Statement on Schedule 14A filed with the SEC on April 2, 2019).
5.1
Opinion of Olshan Frome Wolosky LLP, counsel to the Registrant.*
23.1
Consent of PricewaterhouseCoopers LLP.*
23.2
Consent of Olshan Frome Wolosky LLP, counsel to the Registrant (included in Exhibit 5.1).*
24
Power of Attorney (included on signature page).*
* Filed herewith.
Item 9. Undertakings.
Not required to be filed with this Registration
Statement pursuant to General Instruction E of Form S-8.
SIGNATURES
Pursuant to the requirements of the Securities
Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements
for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of New York, State of New York, on this 25th day of July, 2019.
TOWN SPORTS INTERNATIONAL HOLDINGS, INC.
By:
/s/ Carolyn Spatafora
Name:
Carolyn Spatafora
Title:
Chief Financial Officer
POWER OF ATTORNEY
Each person whose signature appears below
constitutes and appoints Carolyn Spatafora as his true and lawful attorney-in-fact and agent, with full power of substitution and
resubstitution, for him and in his name, place and stead, in any and all capacities, to sign any and all amendments (including
post-effective amendments, exhibits thereto and other documents in connection therewith) to this Registration Statement, and to
file the same, with all exhibits thereto, and other documents in connection therewith, with the SEC, granting unto said attorney-in-fact
and agent, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about
the premises, as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that
said attorney-in-fact and agent or his or substitute, may lawfully do or cause to be done by virtue hereof.
Pursuant to the requirements of the Securities
Act of 1933, as amended, this Registration Statement has been signed by the following persons in the capacities and on the date
indicated.
Signature
Title
Date
/s/
Patrick Walsh
Chairman and Chief Executive Officer
July 25, 2019
Patrick Walsh
(Principal Executive Officer)
/s/ Carolyn Spatafora
Chief Financial Officer
July 25, 2019
Carolyn Spatafora
(Principal Financial and Accounting Officer)
/s/
Martin J. Annese
Director
July 25, 2019
Martin J. Annese
/s/
Marcus B. Dunlop
Director
July 25, 2019
Marcus B. Dunlop
/s/
Thomas J. Galligan III
Director
July 25, 2019
Thomas J. Galligan III
/s/
Mandy Lam
Director
July 25, 2019
Mandy Lam
/s/
L. Spencer Wells
Director
July 25, 2019
L. Spencer Wells
EXHIBIT INDEX
Exhibit No.
Description
3.1
Amended and Restated Certificate of Incorporation of Town Sports International Holdings, Inc. (incorporated by reference to Exhibit 3.1 of the Registrant's Quarterly Report on Form 10-Q for the quarter ended June 30, 2006).
3.2
Third Amended and Restated By-Laws of Town Sports International Holdings, Inc. (incorporated by reference to Exhibit 3.2 of the Registrant's Current Report on Form 8-K, filed with the SEC on September 17, 2014).
4.1
Form
    of Common Stock Certificate (incorporated by reference to Exhibit 4.5 of the Registrant's Registration Statement on
    Form S-1/A, filed with the SEC on May 22, 2006).
4.2
Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective as of April 2, 2015) (incorporated by reference to Appendix B of the Registrant's definitive Proxy Statement on Schedule 14A filed with the SEC on March 28, 2017).
4.3
Amendment
    No. 3 to the Town Sports International Holdings, Inc. 2006 Stock Incentive Plan (as amended and restated effective April 2,
    2015) (incorporated by reference to Appendix A of the Registrant's definitive Proxy Statement on Schedule 14A filed
    with the SEC on April 2, 2019).
5.1
Opinion of Olshan Frome Wolosky LLP, counsel to the Registrant.*
23.1
Consent of PricewaterhouseCoopers LLP.*
23.2
Consent of Olshan Frome Wolosky LLP, counsel to the Registrant (included in Exhibit 5.1).*
24
Power of Attorney (included on signature page).*
* Filed herewith.