Royal Abstract has been at the
forefront of the title insurance business since 1946,
providing full service in New York, New Jersey,
Connecticut and facilitating title policies nationwide.
Its roots actually began even earlier when Irving
Shapiro graduated from law school during the Great
Depression. Without the prospect of employment, he began
conducting the research of real estate records for local
attorneys. In 1934, Irving founded New York Abstract
Corp., the first full-service title insurance agency in
the area. In 1946, he began the Royal Abstract Corp.
Stanley Kravet, the son-in-law of Irving Shapiro, joined
the company in 1956 after graduating from New York
University and Brooklyn Law School. Stanley represented many real estate
operators and developers as their attorney and has
participated as title agent in the construction of many
of New York's leading landmark buildings.
In 1985, Royal Abstract's third-generation member,
Martin Kravet, joined the firm. Martin is a graduate of
the Wharton School of Business and New York University
School of Law. "I feel the combination of my business
and law degrees gives me greater insight into the
complex transactions we have been handling." said
Martin.
The cornerstone of the company's
success is its personalized service and legal expertise.
Royal Abstract's staff is composed of several in-house
attorneys and knowledgeable employees who each average
more than 15 years with the firm. All of the company's
personnel are cross-trained in the various facets of the
business.
"Our integrity and hands-on management are integral
parts of our company's reputation," said Martin Kravet.
"We truly understand our clients' needs and are driven
to find the most efficient solutions to their problems.
Customer service is our Number 1 priority."
Since 1946, Royal Abstract has experienced and responded
to the many cycles that have taken place in the real
estate business. Recently, technological advances and
company mergers have brought about unprecedented change
to the title industry. Royal Abstract is keenly aware of
these changes and has created a vision to become one of
the most technologically advanced and customer-focused
title insurance agencies in the industry. |