File No. 333-16279
Filed under Rule 424(b)(3)
First Golden American Life Insurance Company of New York
Prospectus Supplement
July 9, 1997
Supplement to the Prospectus dated May 6, 1997 for
GoldenSelect/R/ DVA PLUS
Deferred Combination Variable and Fixed Annuity Contracts
__________
On July 7, 1997, Equitable of Iowa Companies ("Equitable of
Iowa") and ING Groep, N.V. ("ING") entered into a definitive
merger agreement providing for Equitable of Iowa to become a
wholly owned subsidiary of ING in a transaction expected to occur
in the fourth quarter of this year. Equitable of Iowa is the
ultimate corporate parent of First Golden American Life Insurance
Company of New York, the issuer of the GoldenSelect/R/ Deferred
Combination Variable and Fixed Annuity offered in the State of
New York, and the corporate parent of Directed Services, Inc.
("DSI"), the distributor of GoldenSelect/R/ variable products and
the manager of The GCG Trust, and Equitable Investment Services,
Inc. ("EISI"), the adviser of the Equi-Select Series Trust (the
"ESS Trust," and together with The GCG Trust, the "Trusts") and a
portfolio manager to The GCG Trust. ING, headquartered in the
Netherlands, is a global financial services holding company with
over $275 billion in assets and another $50 billion in third-
party assets under management. It is anticipated that Equitable
of Iowa's operations will be merged with the North American life
insurance operations of ING, and consummation of the acquisition,
which is subject to a number of conditions including customary
regulatory approvals, will likely result in the termination of
the management agreement between DSI and The GCG Trust, each of
the portfolio management agreements among DSI, The GCG Trust and
the portfolio managers of The GCG Trust, the management agreement
between EISI and the ESS Trust, and each of the portfolio
management agreements among EISI, the ESS Trust and the portfolio
managers of the ESS Trust. It is expected that the respective
Boards of Trustees of the Trusts will consider before that time
new agreements with DSI, EISI and the portfolio managers in
respect of the Trusts. Any such agreements, which will likely be
substantially identical to the current agreements, would be
subject to approval by shareholders of the respective Trusts.
This supplement should be retained with your GoldenSelect/R/
Prospectus.
IN FG-3120 NY DVA PLUS 7/97
