CONSENT OF ERNST & YOUNG LLP
Published on September 1, 1998
EXHIBIT 23(B)
CONSENT OF INDEPENDENT AUDITORS
We consent to the reference to our firm under the caption 'Experts' in the
Registration Statement (Amendment 1 to Form S-3) and related Prospectus of Kimco
Realty Corporation for the registration of an aggregate maximum total of
$750,000,000 of its debt securities, preferred stock, depositary shares, common
stock and common stock warrants and to the incorporation by reference therein of
our report dated January 16, 1998 (except for Note 11, as to which the date is
March 5, 1998), with respect to the consolidated financial statements and
schedule of The Price REIT, Inc. included in its Annual Report (Form 10-K) for
the year ended Decmber 31, 1997, filed with the Securities and Exchange
Commission.
ERNST & YOUNG LLP
San Diego, California
August 28, 1998