STATEN ISLAND, N.Y. (AUG. 14, 2012)  – The Staten Island Board of Realtors (SIBOR) knows how important it can be for business owners, homeowners and Realtors to stay on the pulse of  local enterprise — particularly when it relates to real estate and development.

With this in mind, we are sharing the following breaking news with our blog readers:

Meiers Corners-based law firm Menicucci, Villa & Associates has reaffirmed its high-powered profile with the recent addition of well-known attorney Michael M. Amtzis.

Michael M. Amtzis, left, is greeted by Mark Villa and Michael Menicucci at the law firm of Menicucci, Villa & Associates in Meiers Corners.

“Michael has joined the firm to head our commercial real estate department. This is a coup within the region’s legal community,” said Michael Menicucci, founder and managing partner of Menicucci, Villa & Associates. “As one of the most knowledgeable real estate lawyers in the region, he is respected throughout New York City’s real estate, banking and legal communities for his professionalism and expertise.”

Amtzis, a resident of Tottenville, honed his legal skills for nearly 30 years at Lee & Amtzis, the Bulls Head-based firm he operated until 2011 with attorney and land developer R. Randy Lee.

At his former firm, Amtzis’ practice was devoted almost entirely to the representation of real estate owners, developers, home builders and mortgage lenders on Staten Island and throughout the city.

“I am looking forward to a fresh start in a vibrant and talent-rich firm,” Amtzis said. “Menicucci, Villa & Associates is such a firm and it offers me the opportunity to expand my real estate practice into commercial, construction and banking law.”

Mark Villa, the firm’s partner who manages residential real estate, referred to Amtzis as “a welcome addition and perfect complement, in both performance and personality, to the synergy of Menicucci, Villa & Associates.

Amtzis’ experience touches on a wide range of residential and commercial real estate matters, such as the preparation of offering plans for condominiums, associations and conversions, and preparation of documentation required for complex real estate acquisitions, refinances and debt reorganizations.

“My work commonly includes the preparation of documents for clients entering into construction loans, commercial loans, SBA loans, line-of-credit agreements, mortgage consolidations, assignments, releases and the preparation of ‘splitter agreements,’ which enable developers to recoup all or part of previously paid mortgage tax,” Amtzis said.

He also has worked extensively in all aspects of land acquisition and financing related to affordable housing developments with such agencies as the New York City Department of Housing Preservation and Development, the New York City Economic Development Corp., and the New York City Housing Partnership.

About The Staten Island Board of REALTORS® (SIBOR)

The Staten Island Board of REALTORS® (SIBOR) is the largest not-for-profit trade association in Staten Island, N.Y.

SIBOR exists to enhance the ability and opportunity of its members to conduct their business successfully and ethically; and to promote the preservation of the public’s right to own, transfer and use real property.

Comprised of over 1,600 members, SIBOR serves real estate agents, brokers and affiliated professionals throughout the borough and surrounding areas.

SIBOR is the provider of the Staten Island Multiple Listing Service Inc. (SIMLS), which works as a clearinghouse through which more than 250 local real estate firms exchange information on properties they have listed for sale. Together, its members participate in over 3,000 real estate transactions every year.

All SIBOR members belong to the New York State Association of REALTORS® (NYSAR) and the National Association of REALTORS® (NAR).

SIBOR may be reached at 718-928-3220 and viewed online at http://siborrealtors.com. SIBOR may also be visited on Facebook at “Staten Island Living,” on Twitter via @SIBOR, and on YouTube at the Staten Island Board of Realtors and RelevantPR channels.

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