Paul J. Korngold has been with TKWLL since 1973 initially as a summer associate and subsequently became an associate attorney upon his law school graduation. He became a partner in 1983.
A past president of the Real Estate Tax Review Bar Association, Mr. Korngold is also a former adjunct instructor of law at New York Law School.
Mr. Korngold is admitted to practice law in the State of New York and in the Southern and Eastern Districts of the United States District Court as well as the United States Supreme Court. He formerly served as a representative to the Network of Bar Leaders.
Although the firm is widely known for its concentration on New York City real estate tax matters, Mr. Korngold’s expertise extends to all facets of New York City real estate matters, where he represents clients in contesting real estate tax assessments, DHCR matters, real estate transactions and all of the major tax incentive programs including 421-a, J-51 and ICIP/ICAP. Mr. Korngold also specializes in real estate tax projections and writing real estate tax opinion letters.
Mr. Korngold has served as chairman of the Law Committee of the Associated Builders and Owners of Greater New York and is a director of the New York State Builders Association, the Associated Builders and Owners of Greater New York and the Real Estate Tax Review Bar Association.
His many articles on J-51 real estate tax abatements and tax exemptions have appeared in the New York Law Journal and Mr. Korngold is frequently quoted as an authority on real estate tax matters in various publications including The New York Times and the Wall Street Journal.
Mr. Korngold has lectured on real estate tax certiorari, tax exemption and transactional real estate matters before many organizations including the Rent Stabilization Association, the New York County Lawyers Association, the New York Association of Realty Managers, the Council of New York Cooperatives & Condominiums, the Federation of Housing Cooperatives, the Bar Association of the City of New York, the Real Estate Tax Review Bar Association, the Community Housing Improvement Program and the Associated Builders and Owners of Greater New York.
Phone: 212-687-3747 Ext. 210
- New York, 1977
- Southern District of the United States District Court, 1977
- Eastern District of the United States District Court, 1977
- United States Supreme Court, 2009
- J.D., Brooklyn Law School, 1976
- B.S., magna cum laude, Boston University, 1973
- “How Changes in J51 Law Affect Loft Conversion to Apartments,” New York Law Journal, June 17, 1981.
- “The Ins and Outs of MCI’s,” Better Buildings, May 1991.
- “Expanded Eligibility Under the New J51 Law,” New York Law Journal, July 13, 1993.
- “Protesting Your Tax Assessment Before The NYC Tax Commission,” RSA Reporter 1994.
Professional Associations and Memberships
- Real Estate Tax Review Bar Association
- New York State Bar Association
- New York City Bar Association
- The American Bar Association
- The New York County Lawyers Association
- The New Rochelle Bar Association
- The Westchester County Bar Association
- Real Estate Weekly, March 10, 2016
“Memo of understanding 421-a”
- WNYC News, June 2, 2015
Real Estate Developers Battle the Clock as Deadline for Tax Break Nears
- Wall Street Journal, December 30, 2014
Speaker Silver probe offers glimpse of work by firms that challenge property taxes
- New York Times, November 29, 2013
Stair Masters- Walk- Ups Are in Demand, and Come With Bragging Rights
- NY Post, November 17, 2013
Luxury developers find “Affordable” way to dodge property taxes
- Crain’s, November 25, 2012
A property tax break’s renewal stirs confusion
- Crain’s, November 20, 2012
Condo, co-op tax uncertainty risks chaos
- Wall Street Journal, January 20, 2012
Google Lifts Chelsea, So City Hikes Tax Bill
- New York Times, November 11, 2011
421-a Tax Exemption: Don’t Say You Didn’t Know
- New York Times, February 6, 2009
The Downside for Condos in a Downturn
- Cooperator, January, 2009
Hiring the Pros Who Know
- NY Post, June, 2008
- Cooperator, June, 2007
Understanding Apartment/Home Tax Inequity
- Cooperator, January, 2007
- New York Times, February 20, 2005
In Brownstones, Taxes Suddenly Rise
- New York Times, February 2, 1995
PERSPECTIVES; A Key State Rental-Housing Program Survives Test