EXHIBIT 23.2




                    CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS



To Griffon Corporation:


As independent  public  accountants,  we hereby consent to the  incorporation by
reference in this  registration  statement of our report dated  November 5, 1997
included in Griffon  Corporation's  Form 10-K for the year ended  September  30,
1997 and to all references to our Firm included in this registration statement.


                                   /s/ Arthur Andersen LLP
                                   ARTHUR ANDERSEN LLP
          

August 25, 1998
Roseland, New Jersey