Frank V. Carone
Executive Partner
An accomplished negotiator and one of Brooklyn’s most sought after business litigators, Frank V. Carone is an Executive Partner at Abrams, Fensterman, Fensterman, Eisman, Formato, Ferrara, Wolf & Carone, LLP, a full service law firm with offices on Long Island and in Brooklyn, New York City, and in Rochester, NY, where he has led the Brooklyn office since 2011. Known for his insightful legal prowess, leadership skill and business acumen, he has been instrumental in charting the firm’s strategic expansion into the largest legal practice in Brooklyn and in establishing Abrams Fensterman as one of the region’s premier firms.
Designated a Super Lawyer in Government Relations and known for his creative solutions, Mr. Carone has attained significant achievements in both business as well as in the legal profession. His practice comprises a diverse array of civil and criminal matters for individuals, corporations large and small, governmental agencies, nonprofits, professional practices and independent family offices, as well as providing high level government relations strategies. Forbes has cited him as “one of the foremost experts on business negotiating strategy” in the country.
Prior to joining Abrams Fensterman, Mr. Carone founded a successful mortgage bank that he grew into a multi-state enterprise with more than 200 employees and negotiated a successful merger with a larger institution. His ongoing business and nonprofit engagements include Board Member and Audit Chair of Hanover Community Bank (HCB) where he led a successful reorganization and recapitalization; Board and Audit Committee Chair of Ridgewood Bushwick Senior Citizens Council, a nonprofit serving 30,000 constituents where he helped restructure the agency; and Board Member and Audit Chair of the Catholic Foundation of Brooklyn and Queens. Recently Mr. Carone joined the founding advisory Board of the New York League of Independent Bankers, and serves on the Board at the Downtown Brooklyn Partnership. Mr. Carone is presently the President-Elect of the Brooklyn Bar Association as well as its dinner chair.
Born and raised in Brooklyn, Mr. Carone has long devoted himself to serving local organizations. He is presently in his second term on the New York City Taxi & Limousine Commission, having been appointed by Mayor Michael Bloomberg in 2011 and reappointed by Mayor Bill de Blasio in 2015, unanimously confirmed by the New York City Council for both appointments. His tenure as a commissioner is marked by notable advancements in green vehicle standards, the advent of e-hail apps, significant improvements to accessibility and driver wage increases. He lobbied for the creation of and now serves as chair of the New York State Bar Association Committee on Transportation Law which will focus on issues associated with ride-sharing services and driverless vehicles. For almost a decade, Mr. Carone has been counsel to the Kings County Democratic County Committee where he has represented numerous elected government officials. He frequently appears as a guest lecturer before legal and business trade organizations.
Mr. Carone graduated cum laude from St. John’s University 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 and received the award for American Jurisprudence in Legal Ethics. Frank Carone served in the United States Marine Corps from 1993 to 1995 where, upon completion of Officers Candidate School, he was commissioned 2nd Lieutenant. He is also a graduate from The School of Mortgage Banking. His professional memberships include 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 continues to make his home in Brooklyn together with his wife Diana and children Gabriella and Francesco.
Bar Admissions
New York
New Jersey
U.S. Supreme Court
Education
Brooklyn Law School, Brooklyn, New York
J.D.
St. John's University
B.S., Bachelor of Science(Cum Laude)
Honors and Awards
Saint Frances X. Cabrini Award for Migration Recipient Presented by Catholic Migration Services of Brooklyn (2018)
New York Metro Super Lawyers (2016-2018)
Named to City & State New York Magazine's Brooklyn Power 50 - Most Influential People in Brooklyn List (2017, 2018)
Brooklyn Bar Association Volunteer Lawyers Project Honoree (2016)
Professional Associations and Memberships
New York State Bar Association, Chair - Transportation Law Committee
Brooklyn Bar Association, President-Elect
NYC Taxi & Limousine Commission, Commissioner (2011 - 2016)
New York State Bar Association, Member
Association of Trial Lawyers of America, 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
UPDATED: TPT Protestors Decry Brooklyn Judicial System & CM Reynoso, quoted, February 2019, Kings County Politics
Charles Hynes Longtime Brooklyn District Attorney Dies at 83, quoted, January 2019, Wall Street Journal
Judge Harriet Thompson inducted to Surrogate’s Court at emotional ceremony, quoted, January 2019, Brooklyn Daily Eagle
What a saint: Lawyer awarded by Catholic Migration Services, quoted, December 2018, Brooklyn Paper
How To Engage An Investment Banker, quoted, November 2018, Forbes.com
For Great Business Negotiators It Is All About Results, Not Ego, quoted, October 2018, Forbes.com
In Brooklyn Democratic Party, Democracy is Healthier Than Some Would Have You Think, author, October 2018, Gotham Gazette
Three Powerful Questions Used By The Self-Made Super-Rich, quoted, September 2018, Forbes.com
The Latest in New York City Construction Policy and Regulations, Commercial Observer webinar, Moderator, May 2018
Who Do The Rich And Super-Rich Call When They Get Into Trouble And Are Facing Nasty Lawsuits?, quoted, May 2018, Forbes.com
How To 'Bust' Prenuptial Agreements, quoted, April 2018, Forbes.com
A Canarsie Tale: Can Starbucks Come Home Again?, quoted, March 2018, KingsCountyPolitics.com
Centers Of Influence Are Key To Small Law Firm Rainmaking, author, January 2018, Law360
How Smaller And Mid-Sized Law Firms Can Increase Revenues By 25% Or More Without Adding New Clients, quoted, January 2018, Forbes.com
Frank Carone named chair of NYS Bar Association’s Transportation Law Committee, quoted, November 2017, Brooklyn Daily Eagle
Why Most Multi-Practice Law Firms Are Underserving Their Clients, quoted, October 2017, Forbes.com
The Death of Law Firm Cross-Selling, quoted, October 2017, Forbes.com
Insurgent Slate Roils Brooklyn Judicial Elections, quoted, August 2017, New York Law Journal
Skilled Interviewing Is Essential To Be An Elite Financial Advisor, quoted, June 2017, Forbes.com
Valley Stream Mall Owners Criticize IDA’s Tax Break Reversal, quoted, May 2017, Newsday
Why Some Of The Most Successful Lawyers Are Helping Clients Find New Business Opportunities, quoted, February 2017, Forbes.com
Eight Years On, Firms Still Fighting Ex-Comptroller Over Fees in Mayoral Bid, quoted, February 2017, New York Law Journal
Accessible For-Hire Vehicles on the Road, and Soon, author, December 2016, Daily News
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