SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-K

Annual Report Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
for the fiscal year ended December 31, 1998

Commission File Number: 33-99774-02

GS MORTGAGE SECURITIES CORPORATION II issuer in respect of
Commercial Mortgage Pass-Through Certificates Series 1998-GL2
(Exact Name of registrant as specified in its charter)

Delaware      			22-3442024
(State or Other Juris-		(I.R.S. Employer
diction of Incorporation)     Identification No.)

85 Broad Street, New York,  New York,  10004
(Address of Principal Executive Office)

212-902-1000
(Registrant's telephone number, including area code)


Securities registered pursuant to Section 12(b) of the
Act:     None

Securities registered pursuant to Section 12(g) of the
Act:     None

Indicate by check mark whether the registrant (1) has filed
all reports required to be filed  by Section 13 or 15(d) of
the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports),and (2) has been subject to
such filing requirements for the past 90 days.

Yes  X   No _

Indicate by check mark if disclosure of delinquent filers
pursuant to Item 405 of Regulation S-K is not contained herein,
and will not be contained, to the best of registrant's knowledge,
in definitive proxy or information statements incorporated
by reference in part III of this Form 10-K or any amendment
to this Form 10-K.

Not applicable.

Aggregate market value of voting stock held by non-affiliates
of the Registrant as of December 31, 1997.

Not applicable.

Number of shares of common stock outstanding as of December
31, 1998.

Not applicable.



 Table of Contents


PART I

Item 1. Business..................................................3

Item 2. Properties................................................3

Item 3. Legal Proceedings.........................................3

Item 4. Submission Of Matters To A Vote Of Security Holders.......3

PART II

Item 5. Market For Registrant's Common Equity And
Related Shareholder Matters.......................................3

Item 6. Selected Financial Data...................................3

Item 7. Management's Discussion And Analysis Of Financial Condition
And Results Of Operations...............................4

Item 8. Financial Statements And Supplementary Data...............4

Item 9. Changes In And Disagreements With Accountants On
Accounting And Financial Disclosure.....................4

PART III

Item 10. Directors And Executive Officers Of The Registrant.......4

Item 11. Executive Compensation...................................4

  Item 12. Security Ownership Of Certain Beneficial Owners And
            Management..............................................4

  Item 13. Certain Relationships And Related Transactions...........4

  PART IV

  Item 14. Exhibits, Financial Statement Schedules And Reports On
            Form 8-K................................................4

  Signatures........................................................4

  Exhibit Index.....................................................4

PART I

ITEM 1.         BUSINESS

This Annual Report on Form 10-K relates to the Trust Fund formed,
and the Commercial Mortgage Pass-Through Certificates, Series
1998-GL2 issued, pursuant to a Pooling and Servicing Agreement,
dated as of May 11, 1998 (the "Pooling and Servicing Agreement"),
 by and among GS Mortgage Securities Corporation II as sponsor,
 GMAC Commercial Mortgage Corporation, as master Servicer and
special servicer, LaSalle National Bank, as Trustee, and ABN
AMRO Bank N.V., as fiscal agent. The Class A-1, Class A-2,
Class X, Class B, Class C, Class D, and Class E Certificates
have been registered pursuant to the Act under a Registration
Statement on Form S-3 (No. 333-27083) (the "Registration
Statement").

Capitalized terms used herein and not defined have the same
meanings ascribed to such terms in the Pooling and Servicing
Agreement.

This Annual Report is being filed by the Trustee, in its
capacity as such under the Pooling and Servicing Agreement,
on behalf of Registrant.  The information contained herein
has been supplied to the Trustee by one or more of the Borrowers
or other third parties without independent review or
investigation by the Trustee.  Pursuant to the Pooling and
Servicing Agreement, the Trustee is not responsible for
the accuracy or completeness of such information.

ITEM 2.         PROPERTIES

See Exhibits 99.1 and 99.2 hereto for Servicer s Annual
Statement ofCompliance and Servicer s Independent Accountants
Report on Servicer's servicing activities.

ITEM 3.         LEGAL PROCEEDINGS

Except for claims arising in the ordinary course of business
and which are covered by liability insurance, there are no
material pending legal proceedings involving the Trust Fund,
the Mortgages comprising the Trust Fund or the Trustee, the
Special Servicer or the Servicer with respect to or affecting
their respective duties under the Pooling and Servicing
Agreement.

ITEM 4.        SUBMISSION OF MATTERS TO A VOTE OF SECURITY
HOLDERS

No matters were submitted to a vote of Certificateholders
during the fiscal year covered by this report.

PART II

ITEM 5.         MARKET FOR REGISTRANT'S COMMON EQUITY AND RELATED
                STOCKHOLDER MATTERS

There was one registered holder of the Certificate representing
an equity interest in the Trust as of December 31, 1997.  To
the Registrant's knowledge, as of that date, there was no
principal market in which the Certificates representing an
equity interest in the Trust were traded.

ITEM 6.         SELECTED FINANCIAL DATA

Not applicable.

ITEM 7.        MANAGEMENT'S DISCUSSION AND ANALYSIS OF A FINANCIAL
   CONDITION AND RESULTS OF OPERATIONS.

Not applicable.

ITEM 8.        FINANCIAL STATEMENTS AND SUPPLEMENTARY  DATA

Not applicable.

ITEM 9.        CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON
               ACCOUNTING AND FINANCIAL DISCLOSURE

None.

PART III

The information required by Items 10, 11, 12 and 13 is not
applicable as the trust fund does not have directors or officers
 and Certificateholders have no right to vote (except with
respect to required consents to certain amendments to the
Pooling and Servicing Agreement and upon certain events of
default) or control the Trust Fund.

PART IV

ITEM 14.        EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND
REPORTS ON FORM 8-K

(a)
1.  Servicer's Annual Statement of Compliance for the period
ended 12/31/98.
2.  Servicer's Independent Accountant's Report on Servicer's
3.  servicing
       activities.

(b)  All current Reports on Form 8-K for the Trust have been filed
as of 12/31/98.

Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Registrant has duly caused
this report to be signed on its by the undersigned thereunto
duly authorized.


LASALLE NATIONAL BANK, IN
ITS CAPACITY AS TRUSTEE UNDER
THE POOLING AND SERVICING
AGREEMENT ON BEHALF OF GS
Mortgage Securities Corporation
REGISTRANT


By: /s/ Russell Goldenberg
Name:  Russell Goldenberg
Title: Senior Vice President
Dated: March 30, 1999



EXHIBIT INDEX


Exhibit No.     Description

99.1   Servicer's Annual Statement of Compliance
99.2  Servicer's Independent Accountants' Report on Servicer's
servicing activities

GMAC Commercial Mortgage Corporation 150 South Wacker Drive, 28th Floor
Chicago, IL 60606 Tel. 312-845-8539 Fax 312-845-8617

Diane M. Norberg
Vice President
CMBS Compliance


GS Mortgage Securities Corporation II
Series 1998-GLII
Annual Statement as to Compliance
For the Period of May 11 through December 31,1998

Pursuant to Section 3.14 of the Pooling and Servicing Agreement governing the
 referenced transaction, I hereby attest that:

A review of the activities of GMAC Commercial Mortgage Corporation as Master
Servicer during the period, and of its performance under this Pooling and
Servicing Agreement, has been made under my supervision.

To the best of my knowledge, based on such review, GMAC Commercial Mortgage
Corporation as Master Servicer, has fulfilled in all material respects its
obligations under this Pooling and Servicing Agreement throughout the period.

GMAC Commercial Mortgage Corporation as Master Servicer has maintained an
effective internal control system over the servicing of mortgage loans.

iv.	GMAC Commercial Mortgage Corporation, as Master Servicer, has received
no notice regarding qualifications, or challenging the status, of any portion
 of the Trust Fund as a REMIC from the Internal Revenue Service or any other
governmental agency or body.

BY:

Diane M. Norberg
Vice President
GMAC Commercial Mortgage Corporation

Date:



PRICEWATERHOUSECOOPR

Report of Independent Accountants

February 24, 1999

To the Board. of Directors and Shareholder of GMAC Commercial Holding Corp.

NcewaterhouseCoo per% LLP 1177 Avenue o( the Americas New York NY 10036
Telephone (212) S96 8000

Facsimile (212) 596 8910


We have examined the accompanying management assertion, dated February 24,
1999, about GMAC Commercial Holding Corp.'s (the "Company-) compliance with
its established minimum servicing standards ("Servicing Policy,") as of and
for the year ended December 31, 1998. Management is responsible for the
Company's compliance with the Servicing Policy. Our responsibility is to
express an opinion on management's assertion about the Company's compliance
based on our examination.

Our examination was made in accordance with the standards established by the
American Institute of Certified Public Accountants and, accordingly, included
 examining, on a test basis, evidence about the Company's compliance with the
 Servicing Policy and performing such other procedures as we considered
necessary in the circumstances. We believe that our examination provides a
reasonable basis for our opinion. our examination does not provide a legal
determination on the Company's compliance with the Servicin

In our opinion, management's assertion that the Company complied with the
aforementioned Servicing Policy as of and for the year ended December 31,
1998 is fairly stated, in all material respects.