Biography

Gary A. Krimstock concentrates his legal practice on real estate, business transactions, and litigation with a focus on community association law, tax assessment appeals, zoning, business disputes, and administrative regulatory issues.

With decades of experience, Gary represents real estate owners, developers, tenants, business and organization clients in transactions and disputes before various administrative agencies, and state and federal courts throughout Pennsylvania and New Jersey.

CLIENT EXPERIENCE

Commercial and Residential Real Estate Owners

Developers and Tenants

Condominium and Homeowner Associations

Entrepreneurs

Non-profit Organizations

Representative Matters

  • Represented the buyer in an off-market purchase of a $5 million penthouse condominium unit in Philadelphia, PA, successfully navigating the condominium association rules and approval process, and the negotiation of a complex letter of intent and agreement.

  • Provided pro-bono services to a synagogue in the $5 million sale of its large building and property in Philadelphia, PA, to another religious organization, and successfully negotiated a long-term lease for the synagogue’s new location

  • Successfully guided a large condominium association through a declaration amendment process requiring a super-majority approval vote of unit owners to restrict rentals to 15% of units.
  • Assisted several large urban high-rise condominium associations in adopting a total smoking ban for the entire building, including inside units and on balconies.
  • Assisted several large condominium associations in adopting corrective an amendment to the declaration to restrict rentals in conformity with mortgage underwriting guidelines.
  • Successfully represented a large urban condominium association in litigation with HUD regarding the adoption of an approved reasonable accommodation policy for assistance animals pursuant to the federal Fair Housing Amendments Act.
  • Assisted several large condominium associations in adopting reasonable accommodation policies for assistance animals pursuant to the federal Fair Housing Amendments Act.
  • Represented an urban luxury high-rise condominium association to enforce a decades-old pre-construction zoning agreement prohibiting commercial leasing of a floor retained by the developer, ultimately forcing the conversion of the floor to the desired residential use.
  • Represented a condominium association in litigation and successful negotiation with a developer affiliate that owned commercial space and garages in a building shared with a condominium, resulting in a fair but complex cross-easement and cost-sharing agreement.
  • Successfully represented a condominium association and obtained a landmark decision whereby condominium unit owners cannot withhold or escrow payment of assessed charges for any reason, including dissatisfaction with the condominium association’s performance of common element maintenance.
  • Achieved real estate tax reductions for 3300 individual condominium owners in tax assessment appeals to a local government board.
  • Successfully represented a condominium association in a case in which the court held that the recorded condominium documents govern all major decisions made by the association. The owner of a high-rise condominium unit claimed she paid higher condominium fees than her neighbor who had the same unit on a higher floor. The court held in favor of the condominium association.
  • Represented a condominium association in an action to remove an owner who was disruptive to the building. Worked with local law enforcement, association management, and social services to enable the owner to get appropriate housing and care.
  • Successfully guided a large urban condominium association through a $23 million capital improvement project, including repair and replacement of both common and limited common elements.  Representation included the owner approval process, objectors’ litigation, vendor contracting, special assessments and collection, and project construction.
  • Negotiated with an urban municipality to allow an amnesty period and agreement to simplify document filings to bring condominium properties (as not-for-profit entities) into compliance with complex licensing requirements.
  • Negotiated a successful settlement of an urban high-rise condominium’s transition construction defect lawsuit against the developer and general contractor, resulting in a seven-figure value to the condominium association and exhaustion of all developer’s assets.
  • Successfully submitted and obtained FHA Condominium Project Approvals for many communities under revised and evolving underwriting guidelines and requirements.

Insights

My Greatest Strengths
  •  I have a good memory.
  •  I am a patient and good listener.
  • I am a creative problem solver.
I WANT YOU TO KNOW
  • I am a Fellow of the CAI National College of Community Association Lawyers.
  • I have been listed in the top 5% of Pennsylvania lawyers by Super Lawyers, a top publisher of legal rankings.
  • Martindale-Hubbell, one of the oldest and most respected legal directories, distinguished me with the highest level of peer rating - AV Preeminent. This rating signifies that my peers have ranked me at the highest level of professional excellence based on my legal knowledge, communication skills, and ethical standards.
WHAT MAKES ME UNIQUELY ME
  • Not only do I represent condominium associations all over the Delaware Valley, but I own condominiums, volunteer to serve on their Boards, and usually am elected President of the association.
  • I strive to achieve creative and simple solutions to client problems.
  • I enjoy interacting personally and directly with the individuals involved in client businesses and organizations.

What Drives Me

  • My family.

Focus

Practice Focus

Real Estate
Business
Regulatory
Litigation

News

Publications

  • The Pennsylvania Condominium Governance Handbook, 2020
  • Are Reserve Assessments Taxable Income? IRS says, Maybe!, Community Assets, November/December 2015
  • Reasonable Accommodation Requests: Assistance Animals and Your Association, Community Assets, July/August 2013
  • The Pennsylvania Condominium Governance Handbook (3rd Edition), Spring, 2013
  • Using Mediation to Resolve Disputes in Your Community Association, Community Assets, April 2011
  • Legal Issues for Condominiums Impacted by Recession, Legal Intelligencer, January 2010
  • Negotiating Better Bank Loans, A Buyer’s Market, The Driving Force, Fall, 2003
  • LegalNotes Newsletter
    Pay No Real Estate Taxes for Ten Years, Fall, 2004; Major Change in Philadelphia Real Estate Tax Assessments, Fall, 2004; Negotiating Better Bank Loans: A Buyer’s Market, Summer, 2003; Real Estate Tax Assessment Appeals, Summer, 2003; Your Real Estate: Buying, Selling, Leasing, Financing, Spring, 2002; Records Retention – To Save or Not to Save, Spring 1999
  • Condominium Association’s Authority to Enforce Rules to Abate a Nuisance and Ensure Peaceful Enjoyment Affirmed by Philadelphia Court, Client Alert, May 2008
  • Philadelphia Court Decides Important Case on Condominium Law Confirming Association Board’s Authority and Validating Governing Documents, Client Alert, July 2007
  • The Family Lawyer (Weekly Column), Philadelphia Inquirer, 1978-80

PRESENTATIONS

  • What We Have Learned From COVID-19: The Good, The Bad and The Ugly, CAI Philadelphia Condo Congress Webinar, October 2020
  • Pandemic Crisis Issues For Condominiums, Webinar, April 2020
  • Conducting Association Elections, CAI Managers Spring Symposium, March 2019
  • The Works: Legal, Financial & Insurance Implications for Activities & Amenities In your Communities. CAI State of the Industry Breakfast, January 2019
  • What Happens When a Unit Owner Dies, CAI Program, March 2016
  • Are Reserve Assessments Taxable Income? IRS says, Maybe!, CAI High-Rise Condo Conference, November 2015
  • Philadelphia AVI Real Estate Tax Program Update, HAPCO Membership Meeting, September 2013
  • What We Know and Don’t Know About the AVI Real Estate Tax Program in Philadelphia,
    Various Condo Association and Rittenhouse Community Coalition Programs, Spring 2013
  • Reasonable Accommodations Under Fair Housing Laws, CAI and GPCMA Program, Philadelphia, PA, January 2013
  • Legislative and Legal Update for Condos and Co-Ops, Philadelphia Condo Congress, Philadelphia, PA, October 2012
  • Hot Topics and Current Trends in Condo Law: An Important Update, Philadelphia, PA, October 2012
  • The Mortgage Mess, CAI Program, Philadelphia, PA, October 2011
  • Current Important Issues and Trends Affecting Condominiums, Philadelphia, PA, September 2011
  • Manager Employment – To Contract Or Not To Contract, Greater Philadelphia Condominium Managers Association, Philadelphia, PA, April 2011
  • Cover Your Assets – Insurance for the Urban Community, CAI Education Program for Managers, Philadelphia, PA, October 2010
  • “Growing Problem of Delinquencies in the Current Economy”, Greater Philadelphia Condominium Managers Association, Bala Cynwyd, PA, March 2009
  • The Reluctant Landlord, CAI Program, Philadelphia, PA, March 2009
  • Enforcing Rules in a Diverse Community, CAI Education Program for Managers, Media, PA, September 2008
  • The Problem Unit Owner and a Solution, Camco Managers Meeting, Havertown, PA, May 2008
  • Philadelphia’s Future – Trends and Perspective on the Direction of Our City, CAI Program, Philadelphia, PA, April 2008
  • Seminar for Accountants – Philadelphia Real Estate Tax Issues, Philadelphia, PA, September 2007 and July 2006
  • Urban Intel 101: Philadelphia Real Estate Tax Secrets, CAI Annual Conference and Expo, Valley Forge, PA, November 2006
  • Ethics Seminar, Camco Managers Meeting, Havertown, PA, March 2004
  • Delinquency Collections Seminar, Camco Managers Meeting, Havertown, PA, October 2001
  • Homeowner’s Rage, CAI Education Program for Managers, Plymouth Meeting, PA, November 2000
  • Business Planning Workshop – Legal Issues, Temple University Small Business Development Center, Warminster, PA, June 1996 and August 1995
  • Negotiating Skills and Ethics: The Best Deal in an Ethical Manner, Philadelphia Bar Education Center, Philadelphia, PA, February 1995
  • Litigation – Depositions of Management, Camco Managers Meeting, Havertown, PA, June 1994
  • Ethics Seminar, Society Hill Towers, Philadelphia, PA, April 1989

MEDIA

  • Interviewed on 6ABC-TV Action News, July 2, 2021 – Real Estate Lawyer, Gary Krimstock: “Tips For Condo Owners in Wake of Deadly Florida Condo Collapse

  • Featured on CBS3-TV News, July 29, 2015 – Center City Condo Lawyer Gary Krimstock: “Renting your condo for the Papal visit is not allowed by your condo association, and your visitors may be denied access to your building.”

  • Quoted in Philadelphia Inquirer, May 3, 2015 – Condo managers don’t usually allow short-term renters, and “most are being proactive [for the Papal visit] and giving notice to their owners and residents that it is not permitted.”, said lawyer Center City condo lawyer Gary Krimstock.
  • Quoted in Philadelphia Inquirer, February 22, 2015 – “There is now a growing trend in condominiums nationwide … to impose a total ban on smoking anywhere on the property …”, said Gary Krimstock, a lawyer specializing in condo association law.
  • Quoted in Metro Philadelphia, October 19, 2011 – “Individual [condo owners] pay the same real estate taxes as other property owners in the city … but they don’t receive trash collection.” From testimony before the Philadelphia City Council Finance Committee in favor of legislation to provide a tax credit to condominium unit owners.
  • Quoted in Philadelphia Inquirer, June 28, 2009 – “… real estate lawyer Gary Krimstock, who represents most of the luxury condominium buildings in Center City,… who specializes in condominium association law.”


Community & Professional

Community & Professional
MEMBERSHIPS
  • Community Associations Institute, Keystone Chapter - Past President, Past Chair Philadelphia Council
  • Greater Philadelphia Condominium Managers Association – Past General Legal Counsel
  • Lambda Alpha International Real Estate Honor Society
  • Urban Land Institute
  • Philadelphia Bar Association
COMMUNITY/CIVIC INVOLVEMENT
  • Bala Cynwyd Neighborhood Coalition – Chair

  • Congregations of Shaare Shamayim - Past President, Legal Counsel, Board Member

  • 191 Presidential Condominium Association – President, Board Member
  • Ocean Club Condominium Association - Past President
  • Village at Huntingdon Valley Condominium Association - Past President

Education

J.D., Villanova University School of Law 

B.S., Drexel University, Accounting

Admissions

  • Pennsylvania
  • New Jersey
  • U.S. District Court for the Eastern District of Pennsylvania
  • U.S. District Court for the District of New Jersey
  • U.S. Court of Appeals for the Third Circuit
  • U.S. Tax Court

Honors

  • Fellow of the CAI National College of Community Association Lawyers
  • Pennsylvania Super Lawyers
  • Martindale Hubbell “AV Preeminent” Top Rated Lawyer
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