The Vulture, more vicious than ever, has launched an aerial crime spree unlike anything the Big Apple has ever seen! Now, dozens of stories above a New York City shrouded in a blackout, the wall-crawler engages in a dizzying battle, where one misstep could lead to Spidey going splat!
Spidey has managed to escape the police helicopter that was shooting at him, but now he's got another problem. Stopping the carjacking last issue left him precipitously low on web fluid, and he's got a whole city to cover. And nothing he can do will stretch his supply that much. So he finds another solution: catapulting himself high above the city using what little webbing he has to slingshot him into the sky (in an especially cool two-page drawing). Even this technique is no cure-all, however, since he still has to figure out where to look. The police helicopter, meanwhile, continues to circle the area, sending in a report that is overheard by the two officers that met up with Spider-Man at the carjacking last issue. Throwing caution to the wind, they head off their beat and try to find and help the webslinger.
Returning to the Vulture, he has since arrived at the apartment of Mr. DeMarley (and mistress) and retrieves the sapphire necklace. Unfortunately, the police helicopter chooses this instant to fly by and the Vulture realizes he still needs a hostage, flying off without revealing the location of Tamara DeMarley but promising to leave her in a conspicuous location once he's safe. The police find him, but the Vulture is too quick and uses his razor-sharp wings to slice off a landing strut. They are saved by Spider-Man, who in the process nearly gets killed by the less-than sturdy water tower he anchored himself to. He doesn't have time to catch his breath before the Vulture attacks.
Slicing through the billboard behind Spidey, the Vulture takes advantage of his surprise and cuts a serious gash into his back. Spidey manages to recover before the Vulture administers the coup de grace, but runs out of web fluid. Vulture realizes this and begins to fly off. He is intercepted by a determined Spider-Man who beat him to the top of the nearest building (on foot, nonetheless) and manages to jump on his back. He demands that Toomes turn over the girl, and the Vulture agrees to hand her over if he gets a walk. Spidey disagrees and the Vulture uses his electric glove to fry him.
But remember that nasty little chemical he doused Spider-Man with last issue? The one activated by electricity? The Vulture didn't.
The resulting fire shorts out the Vulture's electromagnetic flight harness and sends him into a tailspin that dumps him into the Hudson River. Spidey manages to peel off and land on a nearby building, which happens to be where the Vulture dumped little Tamara. Which is also treated with the chemical and starts to burn. Terrified, not by the fire but by Spider-Man, Tamara calms down when he lifts his mask and reveals himself to be a regular person. He saves her from the fire, carrying her down the side of the building with his mask on when he runs into the police. Fortunately, it is the two cops - probably the only two in the city - that are on his side, and they give Spider-Man a chance to put his mask back on. He leaves Tamara with them and catches a ride back to the city on a Daily Bugle truck, exhausted but content.