Exhibit 23
                         Consent of Independent Accountants

We  hereby  consent  to the  incorporation  by  reference  in  the  Registration
Statements on Forms S-8 (Nos. 333-22553, 33-27417, 33-32224 and 33-17829) of our
report dated  February 10, 2003,  which  appears in this attached Form 8-K/A for
AmBase Corporation.







PricewaterhouseCoopers, LLP
New York, New York
February 10, 2003