EXHIBIT 23

               CONSENT OF INDEPENDENT ACCOUNTANTS


     We consent to the incorporation by reference in the
registration statements of New Plan Realty Trust on Forms S-3
(File Nos. 33-58596, 333-15635 and 33-60315) and on Forms S-8
(33-57946 and 33-59077) of our report dated June 13, 1997 on our
audit of the Historical Summary of Combined Revenues and Certain
Operating Expenses of certain properties acquired by New Plan
Realty Trust for the year ended October 31, 1996, which is
included an this Current Report on Form 8-K dated June 30, 1997.



                                   EICHLER, BERGSMAN & CO., LLP


New York, New York
June 30, 1997