Phone: (212)885-5234

Fax: (212)898-1392

Email: cschrenko@blankrome.com

July 7, 2017

FILED VIA EDGAR CORRESPONDENCE

Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C. 20549

Attention: Lisa Larkin

Re: Cornerstone Strategic Value Fund, Inc.

(File Numbers: 811-05150 and 333-218644)

Registration Statement on Form N-2

Dear Ms. Larkin:

On behalf of our client, Cornerstone Strategic Value Fund, Inc. (the “Fund”), we are filing a request for acceleration of the Registration Statement on Form N-2 (the “Registration Statement”) initially filed on June 9, 2017 and amended on July 7, 2017, such that the Registration Statement will be declared effective on Monday, July 10, 2017 or as soon thereafter as practicable.

Please contact me at (212) 885-5234 or Thomas R. Westle at (212) 885-5239 with any questions you may have or for any further information you may desire.

Very truly yours,

/s/ Courtney B. Schrenko

Courtney B. Schrenko