SEPARATE ACCOUNT NY-B OF FIRST GOLDEN AMER LIFE INS CO OF NY
497, 1998-06-08
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                                            File No. 333-16501, 811-07935
                                                  Filed under Rule 497(e)
First Golden American Life Insurance Company of New York

                                
                      Prospectus Supplement
                                
                          June 8, 1998
                             
                             to the

                 Prospectus dated May 1, 1998 for
                                
                     GoldenSelect/R/ DVA PLUS
    Deferred Combination Variable and Fixed Annuity Contracts
                                
                           __________

     On May 29, 1998, AMVESCAP PLC ("AMVESCAP") completed the
transaction to acquire several subsidiaries of the Liechtenstein
Global Trust, AG ("LGT"), which made up the LGT Asset Management 
Division and included Chancellor LGT Asset Management, Inc. 
("Chancellor"). In connection with the acquisition, Chancellor, the
portfolio manager of the Capital Appreciation Series of The GCG Trust
has been renamed INVESCO (NY), Inc. ("INVESCO"). AMVESCAP is an
independent investment company focused on institutional and retail
investment management. AMVESCAP and its affiliates have approximately
$192 billion under management. On April 29, 1998, at a special meeting
of the shareholders of the Capital Appreciation Series of The GCG
Trust, the shareholders approved the new portfolio management
agreement between The GCG Trust, Directed Services, Inc. and INVESCO.
The agreement became effective as of May 29, 1998.

This supplement should be retained with your GoldenSelect/R/
Prospectus.



G3120-AMV                                               6/8/98


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