Exhibit 10(j)(iv)


                            FOURTH AMENDMENT TO LEASE




     AGREEMENT (this  "Amendment")  made as of the 1st day of July, 2000, by and
between LECHAR REALTY CORP., a New York  corporation,  with its principal office
address at 1441 Broadway, New York, NY 10018 ("Owner") and LIZ CLAIBORNE,  INC.,
a Delaware  corporation  qualified to do business in the State of New York, with
its  principal  office  and  showroom  at 1441  Broadway,  New  York,  NY  10018
("Tenant").

                              W I T N E S S E T H :
                              - - - - - - - - - -

     WHEREAS:

     (i) Owner and Tenant are parties to a lease (the "Original  Lease"),  dated
as of January 1, 1990,  as amended by letter  agreement  dated August 4, 1994, a
First Amendment;  Lease Extension and Modification Agreement dated as of January
1, 1998 (the "First  Amendment"),  a Second  Amendment to Lease dated as of June
19, 1998 (the "Second  Amendment"),  and a Third  Amendment to Lease dated as of
September 29, 1999 (the "Third  Amendment")  (collectively,  the  "Lease"),  for
portions of the building at 1441 Broadway,  a/k/a/ 575 Seventh Avenue, New York,
NY (the "Building";  except as otherwise  expressly specified in this Amendment,
all  defined  terms used in the Lease  shall have the  meanings  herein that are
ascribed to them in the Lease); and

     (ii) Tenant and Owner have agreed to amend and modify the Lease, to correct
certain errors, upon the terms and conditions hereinafter set forth:

     NOW,  THEREFORE,  in  consideration  of Ten Dollars and 00/100 ($10.00) and
other  and  further  good  and  valuable  consideration,  including  the  mutual
covenants hereinafter set forth, Owner and Tenant agree that the Lease is hereby
amended and modified as follows:

     1. Paragraphs 4 and 5 of the Third Amendment to Lease are deemed deleted.

     Except  as set forth  above,  the  Lease is in all  other  respects  hereby
modified and confirmed.

     IN WITNESS  WHEREOF,  the parties hereto have executed this Amendment as of
the day and year first set forth above.

                               OWNER:

                               Lechar Realty Corp.


                               By: /s/ Leon H. Charney
                                   ------------------------------------
                                      Leon H. Charney, President



                               TENANT:

                               Liz Claiborne, Inc.


                               By: /s/ John DeFalco
                                   ------------------------------------
                                   John DeFalco, Vice President -
                                    Profit Improvement & Facilities Management

CONSENTED TO BY:

General Electric Capital Corporation,
Individually and as Agent

By:_____________________________________
       Authorized Representative







MN\S:\AGREEMENT\FOURTHAMENDMENTTOLEASE