FIRST ALBANY COMPANIES INC
11-K, EX-24, 2000-06-28
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
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                                                  EXHIBIT 24


             Consent of Independent Accountants

We hereby consent to the incorporation by reference in the registration
statement on Form S-8 (No. 014140) of First Albany Companies Inc. of our
report dated June 16, 2000 relating to the financial statements of First
Albany Companies Inc. Stock Bonus Plan which appears in this Form 11-K.


PricewaterhouseCoopers L.L.P.
Albany, New York
June 16, 2000



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