EXHIIBT 23.01

Consent of Independent Accountants

We hereby consent to the incorporation by reference 
in the Prospectus constituting part of this 
Registration Statement on Form S-3 of our report 
dated February 7, 1996 appearing on page F-1 
of The Equitable Companies Incorporated's Annual Report 
on Form 10-K for the year ended December 31, 1995. 
We also consent to the incorporation by reference 
of our report on the Consolidated Financial Statement 
Schedules, which appears on page F-50 of such Annual 
Report on Form 10-K. We also consent to the reference 
to us under the heading "Experts" in such Prospectus.


PRICE WATERHOUSE LLP
New York, New York
June 25, 1996