Exhibit (23)


                       CONSENT OF INDEPENDENT ACCOUNTANTS

We consent to the incorporation by reference in the following Registration
Statements of NYNEX Corporation of our reports dated February 5, 1996 on our
audits of the consolidated financial statements and financial statement schedule
of NYNEX Corporation and its subsidiaries as of December 31, 1995 and 1994, and
for each of the three years in the period ended December 31, 1995, which reports
are included or incorporated by reference in this Annual Report on Form 10-K:

o    Registration Statement Nos. 2-94110,  33-16570,  33-27802 and 33-51897 on
     Form S-8 relating to the NYNEX Corporation Savings and Security Plan;

o    Post-Effective Amendment Nos. 1 and 2 to Registration Statement     
     No. 2-94110 on Form S-8 relating to the NYNEX Corporation Savings 
     and Security Plan;
     
o    Registration  Statement Nos.  2-95141,  33-23156 and 33-49105 on Form S-3
     relating to the NYNEX Corporation Share Owner Dividend Reinvestment and 
     Stock Purchase Plan;
     
o    Post-Effective  Amendment  Nos. 1 and 2 to  Registration  Statement  
     No. 2-95141 on Form S-3  relating  to the NYNEX  Corporation  Share  Owner
     Dividend Reinvestment and Stock Purchase Plan;

o    Registration  Statement Nos. 2-95634,  2-95780,  33-21635 and 33-53477 on
     Form S-8 relating to the NYNEX Corporation Savings Plan for Salaried 
     Employees;

o    Post-Effective  Amendment  Nos. 1 and 2 to  Registration  Statement  
     No. 2-95780 on Form S-8 relating to the NYNEX Corporation  Savings Plan 
     for Salaried Employees;

o    Registration Statement No. 2-97813 on Form S-8 relating to the NYNEX 1984
     Stock Option Plan;

o    Post-Effective  Amendment No. 1 to Registration  Statement No. 2-97813 on
     Form S-8 relating to the NYNEX 1984 Stock Option Plan;

o    Registration  Statement  No.  33-23447 on Form S-8 relating to the NYNEX
     Corporation UK Savings-Related Share Option Scheme;

o    Registration  Statement No. 33-33592 on Form S-3 relating to $500,000,000
     of NYNEX Corporation Debt Securities;

o    Registration  Statement  Nos.  33-34401 and  33-34401-01 on Form S-3 (as
     coregistrant  and guarantor)  relating to  $300,000,000 of NYNEX Capital 
     Funding Company Debt Securities, unconditionally guaranteed by NYNEX 
     Corporation; 

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o    Registration Statement No. 33-35212 on Form S-3 relating to the resale of 
     shares of NYNEX Common Stock in connection  with the  acquisition of 
     Lamarian  Systems, Inc.;
     
o    Registration  Statement  No.  33-35919 on Form S-8 relating to the NYNEX
     1990 Stock Option Plan;

o    Registration  Statement  No.  33-36342  on  Form  S-4  relating  to  the
     acquisition of Stockholder Systems, Inc.;

o    Registration Statement Nos. 33-48647 and 33-57945 on Form S-8 relating to
     the NYNEX 1992 Non-Management Stock Option Plan;

o    Registration Statement Nos. 33-48648 and 33-57947 on Form S-8 relating to
     the NYNEX 1992 Management Stock Option Plan;

o    Post-Effective  Amendment  Nos. 1 and 2 to  Registration  Statement  No.
     33-49105 on Form S-3  relating  to the NYNEX  Corporation  Share Owner  
     Dividend Reinvestment and Stock Purchase Plan;


o    Registration  Statement  Nos.  33-51147 and  33-51147-01 on Form S-3 (as
     coregistrant and guarantor), which also constitutes Post-Effective 
     Amendment No. 1  to  Registration  Statement  Nos.  33-34401  and  
     33-34401-01, relating  to $1,331,000,000 of NYNEX Capital Funding Company 
     Debt Securities, unconditionally guaranteed by NYNEX Corporation;
   
o    Registration  Statement No.  33-51993 on Form S-8 relating to the Upstate
     Partners Employees' Retirement Savings Plan;

o    Post-Effective  Amendment No. 1 to Registration  Statement Nos.  33-51147
     and 33-51147-01 on Form S-3, which also constitutes Post-Effective 
     Amendment No. 2  to  Registration  Statement  Nos.  33-34401  and  
     33-34401-01,   relating  to $1,331,000,000 of NYNEX Capital Funding
     Company Debt Securities, unconditionally guaranteed by NYNEX Corporation;

o    Registration  Statement Nos.  33-54693 and 333-00317 on Form S-8 relating
     to the 1995 Stock Option Plan;

o    Registration  Statement  No.  33-57943  on Form S-3  relating to 367,722
     shares of NYNEX Common Stock;

o    Registration  Statement No. 33-53693 on Form S-3 relating to $900,000,000
     of  NYNEX  Corporation  Debt  and  Equity  Securities,  which  also  
     constitutes Post-Effective Amendment No. 1 to Registration Statement 
     No. 33-33592; and

o    Post-Effective  Amendment No. 1 to Registration Statement No. 33-53693 on
     Form  S-3  relating  to  $900,000,000  of  NYNEX  Corporation  Debt  
     and  Equity Securities.


                                                     Coopers & Lybrand L.L.P.


New York, New York
March 21, 1996

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