Exhibit 23


                       Consent of Independent Accountants

We  hereby  consent  to the  incorporation  by  reference  in  the  Registration
Statements on Form S-8 (Nos. 333-22553,  33-27417, 33-32224 and 33-17829) of our
report  dated March 19,  2003  relating to the  financial  statements  of AmBase
Corporation, which appears in this Form 10-K.


/s/ PricewaterhouseCoopers LLP
PricewaterhouseCoopers LLP
New York, New York
March 26, 2003