Acct. firm Grossman, Tuchman & Shah merge with Berdon effective Dec. 30

Real Estate Weekly, Jan 9, 2002

Berdon LLP has moved to enhance its position in the marketplace. Effective Dec. 30, the noted real estate accounting firm Grossman, Tuchman & Shah LLP will merge into Berdon.

"Today, fulfilling the increasingly complex and diverse needs of the real estate community requires a wide array of services and a deep well of expertise," said Gary Grossman, who co-founded GTS in 1968.

"By joining with Berdon, we not only broaden the scope of skills we can provide clients, but we also give them access to some of the most imaginative and resourceful minds in the profession."

"GTS has particular expertise in government sponsored housing projects through HUD and has developed close ties with the agency," said Berdon managing partner Stanley H. Freundlich. "We are very pleased to have this additional area of strength in the array of services we can offer our real estate clients."

GTS brings a number of prominent real estate clients into the Berdon fold. The firm also works with many high net-worth individuals in areas that include estate and gift planning, retirement planning, and wealth management. Prior to joining Berdon, GTS was billing $3 million annually.