This area of practice is one of the most sought-after areas of the law. Vincent Ancona has included this among his firm’s specialties for 15 years in both New York and New Jersey, personally enjoying it because everyone is happy at the end of the deal. “Smile in, smile out,” he said.
But, among the estates in the Hamptons and buildings in the City, he does occasionally wind up in court. One unstable client leased his building in Manhattan for 100 years, considerably undervaluing the property. The family retained Ancona to disengage the lease on the grounds that the lessee perpetrated a fraud on someone who was mentally ill.
In his spare time, Ancona works with Catholic Charities, Community Mayors for Handicapped Children, Dad’s Away, a group for kids whose fathers are in the military or incarcerated, and North Shore Animal League.