Castellano, Korenberg & Co.

supports construction clients
in their growth and success
New York Construction Report special feature
Castellano, Korenberg & Co.

CPA’s was founded in 1991 with a
vision to serve the diverse and un-
derserved financial needs of the
construction industry. Today, the
company has become a specialized
niche firm working with contractors
of all sizes to provide accounting
and auditing, business advisory,
cost segregation, forensic account-
ing, litigation support, and tax serv-
ices. Founding partners Daniel Castel-
lano, managing partner, and Neal
Korenberg, said the firm’s presence
in bonding and construction and
working with larger and more so-
phisticated contractors has sup-
ported its growth from four, to a
team of more than 35. “Through
our varied services, we have helped
our clients grow and profit and we
are now working on succession
planning with many of our original
clients, ensuring their futures,” he
said. 12 – WINTER 2018 — New York Construction Report
Daniel Castellano, CPA
Managing Partner
Many of the firm’s clients are
closely held businesses which have
been passed down from one gener-
ation to the next and Castellano,
Korenberg & Co has been there
every step of the way.

Over the years, Castellano says,
the firm has also dedicated time
and training to servicing clients in
additional industries such as real
estate, professional service and
manufacturing/distribution. Castellano, Korenberg & Co.’s
niche market includes the architec-
tural/ engineering, construction and
real estate industries. Castellano
says these are quite distinct yet re-
lated and that each requires spe-
cific training and experience.

Partner, Frank Scala says “We
have developed specialized finan-
cial statements to satisfy our
clients’ banking and surety require-
ments while assisting in their
growth and success.”
Castellano, Korenberg & Co. be-
lieves its team understands the
unique challenges of the industry
and works with clients to mitigate
these. That can mean helping
clients by challenging their esti-
mates in some cases, comparing
their quotes against others in the
industry, and assisting them to op-
erate more profitably.

Supporting clients can also mean
meeting with supervisors and proj-
ect managers to review original
contract takeoffs and bids. Castel-
lano says, “We learn about direct