Exhibit 23.01



                                   Exhibit 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, 1966 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 for 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 references to us under the
headings "Experts and "Selected Consolidated Financial Data" in such Prospectus.
However, it should be noted that Price Waterhouse LLP has not prepared or 
certified such "Selected Consolidated Financial Data."



PRICE WATERHOUSE LLP
New York, New York
May 22, 1996