Exhibit 32.2

     Certification of Periodic Financial Report



     Pursuant to 18 U.S.C.  1350, the  undersigned,  John P. Ferrara , the Chief
Financial  Officer of AmBase  Corporation (the "issuer"),  hereby certifies that
the report on Form 10-Q  accompanying  this  certification  (the "report") fully
complies  with the  requirements  of  section  13(a) or 15(d) of the  Securities
Exchange Act of 1934 (15 U.S.C. 78 m or 78o(d)) and that  information  contained
in the report fairly presents, in all material respects, the financial condition
and results of operations of the issuer.



/s/ John P. Ferrara
John P. Ferrara
Vice President and Chief Financial Officer
(Chief Financial Officer)
AmBase Corporation
May 13, 2004