New York-based Marks Paneth (FY19 net revenue of $141.4 million) has announced that Abe Schlisselfeld has been elected the successor to MP Harry Moehringer, who is approaching retirement.
Schlisselfeld’s term begins Jan. 1, 2021, and he will serve as co-MP with Moehringer during a transitional period.
Schlisselfeld is currently PIC of the real estate group and a member of the executive committee, as well as the firm’s growth and alliance leader, assessing mergers, acquisitions, alliances and other efforts.
He has more than two decades of experience advising commercial and residential real estate owners, real estate management firms and real estate investment trusts (REITs) on all facets of accounting and taxation. He has also become an expert in the firm on the tax benefits and implications of the Qualified Opportunity Zones program since its introduction in the Tax Cuts and Jobs Act of 2017.
“Abe brings tremendous experience along with a legacy of contributing to the growth and development of Marks Paneth during his many years in leadership positions at the firm,” says Moehringer. “Abe and I have worked closely together for over 20 years, and I could not be more pleased and excited that our partners overwhelmingly agreed that Abe represents the next generation of strong leadership at our firm as it continues to grow and prosper.”
Moehringer and Schlisselfeld will continue to work closely as co-MPs with the other members of the Executive Committee on firm strategy, client service and operating decisions.