UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549
                                  SCHEDULE l3D
                    Under the Securities Exchange Act of 1934
                               (Amendment No. 2)*



                         ASSISTED LIVING CONCEPTS, INC.
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                                (Name of Issuer)

                     Common Stock, par value $0.01 per share
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                         (Title of Class of Securities)

                                    04543M107
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                                 (CUSIP Number)
                                                     with a copy to:
     Stephen Feinberg                                Robert G. Minion, Esq.
     299 Park Avenue                                 Lowenstein Sandler PC
     22nd Floor                                      65 Livingston Avenue
     New York, New York  10171                       Roseland, New Jersey  07068
     (212) 421-2600                                  (973) 597-2424
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                 (Name, Address and Telephone Number of Person
                Authorized to Receive Notices and Communications)

                                November 9, 2004
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             (Date of Event which Requires Filing of this Statement)


If the filing person has previously  filed a statement on Schedule l3G to report
the  acquisition  that is the subject of this  Schedule  13D, and is filing this
schedule because of Sections 240.13d-1(e),  240.13d-1(f) or 240.13d-1(g),  check
the following box. [ ]

Note:  Schedules  filed in paper format shall include a signed original and five
copies of the schedule,  including all exhibits. See Section 240.13d-7 for other
parties to whom copies are to be sent.

*The  remainder of this cover page shall be filled out for a reporting  person's
initial filing on this form with respect to the subject class of securities, and
for  any  subsequent   amendment   containing   information  which  would  alter
disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the  Securities  Exchange  Act of
1934 ("Act") or otherwise  subject to the liabilities of that section of the Act
but  shall be  subject  to all other  provisions  of the Act  (however,  see the
Notes).





Cusip No.     04543M107
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  1)   Names of Reporting Persons.  I.R.S. Identification Nos. of  above persons
       (entities only):

                                Stephen Feinberg
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  2)   Check the Appropriate Box if a Member of a Group (See Instructions):
             (a)                    Not
             (b)                 Applicable
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  3)   SEC Use Only

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  4)   Source of Funds (See Instructions):  WC
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  5)   Check if  Disclosure  of Legal Proceedings  is Required Pursuant to Items
       2(d) or 2(e):        Not Applicable
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  6)   Citizenship or Place of Organization:   United States
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        Number of                        7) Sole Voting Power:            *
                                            ------------------------------------
        Shares Beneficially              8) Shared Voting Power:          *
                                            ------------------------------------
        Owned by
        Each Reporting                   9) Sole Dispositive Power:       *
                                            ------------------------------------
        Person With:                    10) Shared Dispositive Power:     *
                                            ------------------------------------
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  11)  Aggregate Amount Beneficially Owned by Each Reporting Person:  1,018,321*
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  12)  Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
       Instructions):              Not Applicable
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  13)  Percent of Class Represented by Amount in Row (11):     15.8%*
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  14)  Type of Reporting Person (See Instructions):     IA, IN
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* Cerberus Partners, L.P. ("Cerberus") is the holder of 191,981 shares of common
stock,  par value $0.01 per share (the "Shares"),  of Assisted Living  Concepts,
Inc. (the "Company"),  Cerberus  International,  Ltd.  ("International")  is the
holder of 488,551 Shares, Cerberus Institutional,  Ltd. ("Institutional") is the
holder of 184,551 Shares and certain private  investment  funds (the "Funds") in
the aggregate are the holders of 153,238 Shares. Stephen Feinberg possesses sole
power to vote and direct the  disposition of all securities of the Company owned
by each of Cerberus,  International,  Institutional  and the Funds.  Thus, as of
November 9, 2004, for the purposes of Reg. Section  240.13d-3,  Stephen Feinberg
is deemed to beneficially  own 1,018,321  Shares,  or 15.8% of the Shares deemed
issued and outstanding as of that date.





Item 5.   Interest in Securities of the Issuer.
          ------------------------------------

          Based upon information set forth in the Company's  Quarterly Report on
Form 10-Q for the  quarterly  period  ended June 30,  2004,  as of July 29, 2004
there were  issued and  outstanding  6,442,925  Shares.  As of November 9, 2004,
Cerberus is the holder of 191,981 Shares, International is the holder of 488,551
Shares,  Institutional  is the  holder of  184,551  Shares  and the Funds in the
aggregate are the holders of 153,238  Shares.  Stephen  Feinberg  possesses sole
power to vote and direct the  disposition of all securities of the Company owned
by each of Cerberus,  International,  Institutional  and the Funds.  Thus, as of
November 9, 2004, for the purposes of Reg. Section  240.13d-3,  Stephen Feinberg
is deemed to beneficially  own 1,018,321  Shares,  or 15.8% of the Shares deemed
issued and outstanding as of that date.

          The only  transactions  in Shares,  or  securities  convertible  into,
exercisable  for or  exchangeable  for Shares,  by Mr. Feinberg or any person or
entity  controlled by him or any person or entity for which he possesses  voting
or  investment  control  over the  securities  thereof  since the  filing of the
Schedule 13D Amendment No. 1 by Mr.  Feinberg dated as of November 5, 2004, were
the sales of Shares  detailed in the table below (each of which were effected in
an ordinary brokerage transaction):


                                   I. Cerberus
                                   -----------

                                   (Purchases)

                                      NONE


                                     (Sales)

           Date                      Quantity                    Price
           ----                      --------                    -----
     November 8, 2004                   9,430                    $18.15
     November 9, 2004                   8,490                    $18.15



                                II. International
                                -----------------

                                   (Purchases)

                                      NONE


                                     (Sales)

           Date                      Quantity                    Price
           ----                      --------                    -----
     November 8, 2004                  23,990                    $18.15
     November 9, 2004                  21,590                    $18.15





                               III. Institutional
                               ------------------

                                   (Purchases)

                                      NONE


                                     (Sales)

           Date                      Quantity                    Price
           ----                      --------                    -----
     November 8, 2004                   9,060                    $18.15
     November 9, 2004                   8,150                    $18.15



                                  IV. The Funds
                                  -------------

                                   (Purchases)

                                      NONE


                                     (Sales)

           Date                      Quantity                    Price
           ----                      --------                    -----
     November 8, 2004                   7,520                    $18.15
     November 9, 2004                   6,770                    $18.15




                                    Signature
                                    ---------

           After reasonable inquiry and to the best of my knowledge and  belief,
I certify that the information set forth in this statement is true, complete and
correct.


                                           November 10, 2004


                                           /s/ Stephen Feinberg
                                           -------------------------------------
                                           Stephen Feinberg,  in   his  capacity
                                           as the  managing  member of  Cerberus
                                           Associates,   L.L.C.,    the  general
                                           partner of  Cerberus Partners,  L.P.,
                                           and as  the  investment  manager  for
                                           each of Cerberus International, Ltd.,
                                           Cerberus Institutional, Ltd. and  the
                                           Funds


      Attention: Intentional misstatements or omissions of fact constitute
                Federal criminal violations (See 18 U.S.C. 1001).