Arnold A. Gruber, CPA
Managing Partner Emeritus

Arnold Gruber, CPA, is Managing Partner Emeritus of Marks Paneth & Shron LLP. For eight years, he served as the co-managing partner of the firm and played an integral role in the firm’s evolution and growth. He oversaw the firm’s operations and managed its business development efforts. He also served on both the Executive and Operating Committees of the firm.

He began his career with Marks Shron & Company, a predecessor of today’s firm, becoming a partner and, ultimately, the managing partner. In 2000, he co-engineered a merger with Paneth, Haber and Zimmerman LLP, a Certified Public Accounting firm whose managing partner shared his vision of creating an expanded firm that could meet the total financial needs of its clients. Mr. Gruber’s vision and his eye for opportunity resulted in the creation of Marks Paneth & Shron, which today offers a full range of auditing, accounting and tax services as well as litigation, financial advisory and management advisory services.

Having spent more than four decades in the industry, Mr. Gruber is widely recognized for his expertise in real estate and construction, which are his primary fields of specialty. He is well known among real estate developers, managers and investors in the Metropolitan area, and he is frequently sought out as a financial adviser, M&A consultant, educator, author and expert witness. Mr. Gruber also possesses a real estate sub-specialty in the valuation of low-income housing. In addition to his deep knowledge of the real estate industry, Mr. Gruber also has expertise in mortgage banking and serving finance, the retail food industry and the not-for-profit sector. He continues to consult on key accounts for the firm.

Mr. Gruber is a member of the American Institute of CPAs and the New York State Society of CPAs. He has served the New York State Society of CPAs as chairman of the Accounting Practice Management Committee and as a member of the Real Estate and the Financial Services Committees. He currently serves as a member of the Advisory Board to New York Real Estate TV for The Stoler Report Real Estate Trends in the Tri-State Area and Building New York. He is a former director of the Bank of Great Neck (now North Fork Bank), former executive director of the Association for a Better Long Island, and former director of the New York State Housing and Renewal Officials. He has appeared as an expert witness in construction claims and matrimonial trials, and testified before the House Ways and Means Committee regarding the impact of the 1986 Tax Reform Act. In addition, he is a frequent author and lecturer, conducting seminars on construction accounting, penning articles for the New York Real Estate Journal and Real Estate Weekly, and is often quoted as an industry expert in Crain’s New York Business and other major business publications.

Although Mr. Gruber has extensive expertise in the audit and tax aspects of his profession, he gets the greatest satisfaction from providing consulting and advisory services to his clients, helping them to develop their businesses and improve their financial situations. As one might expect, he brings this same kind of entrepreneurial spirit to a variety of community activities and charitable interests. He is an associate trustee of the Salk Institute, associate trustee of North Shore University Hospital, former trustee and vice president of Temple Israel of Great Neck, a director of the UJA Federation’s Henry Kaufman Campground, and the recipient of numerous awards from foundations and philanthropic organizations, including the American Jewish Congress, NYU’s Hospital for Joint Diseases and the Great Neck Community Fund.

Some of his notable publications include:
“Shadow Space Clouds Market, but Smart Owners Can Gain in 2004,” Real Estate Weekly
“Looking at the Year Ahead in New York Real Estate,” Real Estate Weekly
“Insurance Most Important Issue for September 11,” Real Estate Weekly
“Real Estate Industry Ushers in Unpredictable Market,” Real Estate Weekly
“Tax/Financial Planning Paramount in Today’s Strong Market,” Real Estate Weekly

Mr. Gruber is licensed in New York State and holds a Bachelor of Business Administration from Baruch College of the City University of New York.

Baruch College of the City University of New York
Bachelor of Business Administration

• Past Chairman, Accounting Practice Management Committee, NYSSCPA

Associate Trustee, Salk Institute
Associate Trustee, North Shore University Hospital
Director, UJA Federation's Henry Kaufman Campground