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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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<SEC-DOCUMENT>0000000000-05-059227.txt : 20060929
<SEC-HEADER>0000000000-05-059227.hdr.sgml : 20060929
<ACCEPTANCE-DATETIME>20051123101332
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0000000000-05-059227
CONFORMED SUBMISSION TYPE:	UPLOAD
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20051123

FILED FOR:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FIRST ALBANY COMPANIES INC
		CENTRAL INDEX KEY:			0000782842
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		IRS NUMBER:				222655804
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		UPLOAD

	BUSINESS ADDRESS:	
		STREET 1:		677 BROADWAY
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12207-2990
		BUSINESS PHONE:		518-447-8673

	MAIL ADDRESS:	
		STREET 1:		677 BROADWAY
		CITY:			ALBANY
		STATE:			NY
		ZIP:			12207-2990
</SEC-HEADER>
<DOCUMENT>
<TYPE>LETTER
<SEQUENCE>1
<FILENAME>filename1.txt
<TEXT>


November 15, 2005


Mail Stop 4561

By U.S. Mail and facsimile to (518) 447-8068

Alan P. Goldberg
President and Chief Executive Officer
First Albany Companies, Inc.
677 Broadway
Albany, NY 12207

	Re:	First Albany Companies, Inc.
		Form 10-K for Fiscal Year Ended December 31, 2004
		Filed March 15, 2005
		File No. 0-14140

Dear Mr. Goldberg:

	We have completed our review of your filings referred to
above
and have no further comments at this time.


Sincerely,


      	Amit Pande
             				    Assistant Chief Accountant


</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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