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                                                                    EXHIBIT 23.2



                       CONSENT OF INDEPENDENT ACCOUNTANTS



We hereby consent to the incorporation by reference in the Prospectus
constituting part of this Registration Statement on Form S-3 of our report
dated March 24, 1995, appearing on page F-52 on Brooke Group Ltd's. Annual
Report, as amended on January 30, 1998, on Form 10-K/A No. 2, relating to the
consolidated financial statements of New Valley Corporation and its
subsidiaries, which is incorporated by reference in such Prospectus. We also
consent to the reference to us under the heading "Experts" in such Prospectus.


/s/ Price Waterhouse LLP
Price Waterhouse LLP


Morristown, NJ
February 10, 1998