New York (March 1, 2004) -- Top-ranked metro New York CPA firm Weiser LLP has strengthened its real estate practice with the acquisition of New York City real estate accounting firm Rubin & Katz LLP.

Rubin & Katz founding partner Ronald Katz, CPA, and partners Arthur Adams Jr., CPA, and Marc Yatkowsky, CPA, have joined the Weiser partnership.

The deal marks the firm's second real estate-focused acquisition in less than four months. In late November, Weiser Realty Advisors LLC, a wholly owned subsidiary of Weiser LLP, acquired of a portion of the Landauer Realty Group business unit from Grubb & Ellis. The practice specializes in real estate valuation and consulting and focuses on the retail, office, industrial and multi-family segments of the real estate market. Weiser Realty Advisors LLC is based in New York and maintains branches in Atlanta; Dallas; Boca Raton, Fla.; and Boston.

Weiser managing partner Douglas A. Phillips said the addition of Rubin & Katz adds significant experience in deal structuring, syndication accounting, cost segregation studies, valuations and restructurings to the firm's skill sets.

Weiser, which ranks among the largest firms in the metro New York region with 2003 revenues of $55 million, specializes in serving clients in the real estate, apparel, manufacturing, distribution, financial services, health care, nonprofit and textile rental industries.

-- WebCPA staff


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