Frank V. Carone
Frank V. Carone is an Executive Partner at Abrams, Fensterman, Fensterman, Eisman, Formato, Ferrara & Wolf, LLP.
Mr. Carone was born and raised in Brooklyn, New York where he attended and graduated from St. John’s University cum laude in 1991 with a Bachelor of Science Degree in Finance. He received his Juris Doctor at Brooklyn Law School, where he graduated in the top of his class in 1994 and received the award for American Jurisprudence in Legal Ethics.
Mr. Carone has extensive experience in many complex of the law including complex Civil and Criminal matters for Individuals, Corporations, Governmental Agencies, NFPs, Professional practices and Family offices, as well as counselling clients in various government relation strategies.
Mr. Carone served in the United States Marine Corps from 1993 to 1995, whereupon completion of Officers Candidate School, he was commissioned 2nd Lieutenant. He also graduated from The School of Mortgage Banking in 1999. For almost a decade, Mr. Carone has been counsel to the Chairman of the Kings County Democratic County Committee. He is also an active participant in Bar Association conferences and other seminars offered by different trade associations. He has served as a guest lecturer at the Brooklyn Bar Association, where he is also an Officer, as well as the Columbian Lawyers Association of Brooklyn. He is consulted regularly by attorneys, lobbyists, other professionals. Mr. Carone’s business achievements include founding a multi-state mortgage bank with over 200 employees until he negotiated a successful merger with a larger mortgage bank. He served as a member of the regulatory compliance committee of the Mortgage Banking Association of America and was asked to serve as legal counsel for the Bay Ridge/Bensonhurst Multiple Listing Service.
Mr. Carone was appointed by Mayor Michael Bloomberg to the NYC Taxi & Limousine Commission and his appointment was approved unanimously by the NYC Council on March 2, 2011 for a term through January 31, 2015.
Mr. Carone’ s is a member of the New York State Bar Association, Association of Trial Lawyers of America, Brooklyn Bar Association, The American Association of Bank Directors, National Association of Criminal Defense Lawyers, Kings County Criminal Bar Association and the Columbian Lawyers Association. Mr. Carone is a Board member and audit chair of Hanover Community Bank (HCB). (www.hanovercommunitybank.com) During his time on the Board at HCB, the Board has successfully reorganized and recapitalized the Bank. Mr. Carone was also asked to join the Board and chair the audit committee of RBSCC, to help restructure the agency, which the new Board has successfully done. RBSCC is a non-profit which serves 30,000 constituents and has a budget of almost $100,000,000.00. Mr. Carone is also on the Board and Audit Chair of the Catholic Foundation of Brooklyn and Queens. (www.catholicfoundationbq.org) Recently, Mr. Carone joined the founding advisory Board of the New York League of Independent Bankers. (www.nylib.org)
Brooklyn Law School, Brooklyn, New York
St. John's University
B.S., Bachelor of Science(Cum Laude)
Professional Associations and Memberships
NYC Taxi & Limousine Commission, Commissioner
New York State Bar Association, Member
Association of Trial Lawyers of America, Member
Brooklyn Bar Association, Member
The American Association of Bank Directors, Member
National Association of Criminal Defense Lawyers, Member
Kings County Criminal Bar Association, Member
Columbian Lawyers Association, Member
Publications and Seminars
Brooklyn Volunteer Lawyers Project to host Annual Fundraising Gala, featured, May 2016, Brooklyn Daily Eagle
The Renaissance Of The Outpost Family Office, quoted, April 2016, Forbes.com
The Art Of Cross-Selling Legal Services, quoted, February 2016, Forbes.com
The Personal Advisor: A Growth Model For Attorneys, quoted, January 2016, Forbes.com
Business Development for Small Law Firms, May 2015, co-authored by Frank V. Carone and Russ Alan Prince
Maximizing Personal Wealth An Advanced Planning Primer for Successful Business Owners, March 2015 - contributor and presenter
Private Wealth Magazine September/October 2013: featured in an article titled "Hard Bargains - When Rich Clients Litigate, Attorney Frank Carone Is One Of The People They Hire To Work Out A Favorable Deal - by Russ Alan Prince