SEPARATE ACCOUNT VA 2LNY OF FIRST TRANSAMERICA LIFE INS CO
N-30D, 1996-08-22
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August  22, 1996



Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549

Re:  First Transamerica Life Insurance Company and First Transamerica
     Life Separate Account VA-2LNY (File No. 33-55152)

Dear Commissioner:

On behalf of First  Transamerica Life Insurance  Company and First  Transamerica
Life Separate Account VA-2LNY  ("separate  account"),  incorporated by reference
are the semi-annual  reports for the underlying funds of the "separate  account"
for filing with the Securities and Exchange Commission,  pursuant to Rule 30b2-1
under the Investment Company Act of 1940 ("Act").  The funds are as follows: the
Dreyfus  Variable  Investment Fund, the Dreyfus Stock Index Fund and the Dreyfus
Socially Responsible Growth Fund.

                                     Dreyfus
               Dreyfus Variable    Dreyfus Stock  Socially Responsible
               Investment Fund     Index Fund          Growth Fund

Entity              Dreyfus        Dreyfus        Dreyfus
File #              811-5125       811-05719      811-07044
Date of Filing      8/19/96        8/12/96        8/12/96
Accession #         0000813383-96- 0000846800-96- 0000890064-96
                    000013         000006         000010
CIK#                813383         846800         890064

These semi-annual reports are for the period ending June 30, 1996, and have been
transmitted to contract holders in accordance with Rule 30d-2 under the Act.

If you have any questions  regarding  the enclosed  report,  please  contact the
undersigned at (213) 742-3126.

Very truly yours,



Susan Vivino
Paralegal

cc:  F. Bellamy
     R. Fink


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