Frank V. Carone is Founder and Chairman of Oaktree Solutions, and the former chief of staff to the 110th mayor of the city of New York, Eric L. Adams. An accomplished negotiator, one of New York City’s most sought-after business litigators, and a former U.S. Marine, Frank has built a successful thirty-year career of leading exceptional teams to solve complex challenges across law, business, and politics.
The key to Frank’s success is his ability to align the interests of various parties, even in acrimonious situations. His ability to develop a deep understanding of others' perspectives and consistently find areas of commonality has been a critical factor in his success. This expertise has been honed over thirty years of helping individuals, families, businesses, and governmental agencies better meet the needs of their constituencies by working cooperatively. Designated a Super Lawyer in Government Relations and known for his creative solutions, Mr. Carone has attained significant achievements in both business as well as in the legal profession. Forbes has cited him as “one of the foremost experts on business negotiating strategy” in the country.
Frank founded Oaktree Solutions in 2023, a public affairs and venture consulting firm providing high impact issue advocacy, business development, and market positioning for a broad range of non-profit, technology, entertainment, and business clients. The firm also delivers litigation support, crisis management, government and community relations strategy, mediation services, branding support, executive and board consulting, and equity and sustainability consulting, among other expertise.
During his tenure as chief of staff to Mayor Adams, Frank helped break down bureaucratic barriers to business and build a real partnership with the state and federal government. His accomplishments on behalf of the city include leading negotiations to develop Brookdale Science Park and Research Campus, a project that transformed an entire city block into a state-of-the-art destination for the rapidly growing life sciences industry and has created new jobs, higher education opportunities, and space for business incubators.
Frank also led the charge on the corridor-wide rehabilitation of the Brooklyn-Queens Expressway, an initiative that has connected communities long separated due to the design of the historic Robert Moses highway. He successfully concluded negotiations to bring affordable housing and a world class soccer stadium to Willets Point, an area of Queens underutilized for generations. He also promoted New York City’s application to host the Democratic National Convention in 2024.
Prior to joining the Adams administration, Frank was Of Counsel at Abrams Fensterman, LLP, a full-service law firm with offices on Long Island and in Brooklyn, White Plains, Rochester and Albany, NY. Known for his insightful legal prowess, leadership skill and business acumen, he was instrumental in charting the firm’s strategic expansion. He led the firm’s Brooklyn office since 2011, transforming it into the largest legal practice in the borough and establishing Abrams Fensterman as one of the region’s premier law firms. Thanks to his proven track record of achieving breakthrough results on complex problems others thought unsolvable, Frank became the go-to private practice attorney for cases in which the New York State Attorney General was conflicted, successfully representing the interests of the State of New York on 15 thorny and politically-charged cases.
Throughout his career, Frank has dedicated himself to serving clients and creating value. Born and raised in Brooklyn, Frank served two terms on the New York City Taxi & Limousine Commission. He was appointed by Mayor Michael Bloomberg in 2011 and reappointed by Mayor Bill de Blasio in 2015, unanimously confirmed by the New York City Council in both instances. His tenure as a commissioner was marked by notable advancements in green vehicle standards, the advent of e-hail apps, and significant improvements to accessibility and driver wage increases. He lobbied for the creation of and served as chair of the New York State Bar Association Committee on Transportation Law, which focused on issues associated with ride-sharing services and driverless vehicles.
Frank currently serves on the boards of the Central Park Conservancy and Museum of Modern Art. He takes an active role in community and charity. Frank lives in Brooklyn with his wife Diana and children Gabriella and Francesco.