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Stanley Parness

OF COUNSEL, NEW YORK



Prior to joining Stroock, the Hon. Stanley Parness was the Presiding Justice of the Appellate Term, First Department of the New York State Supreme Court. During his 21 years as a Supreme Court justice, Justice Parness served 18 years on the Appellate Term and the last four years as its presiding justice.

Justice Parness also presided for 15 years over all tax certiorari and condemnation cases that were settled and tried in New York County, including some of the most significant cases in New York State. Among these cases were:

  • 42nd Street Redevelopment: over a ten-year period, upheld as a permitted governmental purpose, the condemnation of property for private development and valued the condemned properties
  • One New York Plaza: determined the effect of the presence of asbestos on valuation of real property
  • 67 Broad Street (former ITT Building): determined the effect on valuation of a general economic turndown and increased availability of competitive space
  • 26 Broadway (former Standard Oil Building): established the principles governing valuation of closely-held real estate corporations
In addition to tax certiorari and condemnation matters, Judge Parness has presided over numerous cases involving the evaluation, resolution, and disposition of real estate for many of New York’s high profile property owners.
Memberships
  • Past President, New York City Supreme Court Justices Association
  • Secretary, Board of Justices, First District
  • Member, Association of the Bar of the City of New York
Activities
  • Adjunct Professor, Real Estate Institute, New York University
Admitted to Practice
New York, 1955
Education
J.D., cum laude, St. John's University School of Law
LL.M., University of Virginia
B.A., New York University
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