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Law Firm Menicucci Villa Cilmi Marks 20th Anniversary of Residential Lending Division’s Operations Director

Expansion of Dina Malliae’s workplace responsibilities were inspired by a proactive response to tougher banking regulations by the Staten Island-based legal practice

STATEN ISLAND, N.Y. – Dina Malliae, operations director of the Residential Lending division at Menicucci Villa Cilmi PLLC (MVC), is celebrating her 20th anniversary with the law firm, much to the delight of its namesake founder.

“Dina has proven her capabilities over a span of two decades, working with our firm’s partners and the lending institutions we represent,” said MVC Managing Partner Michael M. Menicucci. “She has never faltered in her ability to embrace vital and complex responsibilities with eagerness and self-confidence, arguably playing an integral role in the growth of our firm.”

However, Ms. Malliae said she would not have foreseen her latest career milestone 20 years ago.

“I took this position as a mom with two little kids who was buying a home and retained Mike [Menicucci] to be my lawyer,” recalled Ms. Malliae, whose employment at the firm began in December 1997. “I wasn’t looking for a job, but Mike offered me an opportunity to work at the office just a few hours a week – and it seemed like the perfect fit at the time.”

Upon her arrival, Ms. Malliae lacked an understanding of the mortgage industry, but that would dramatically change.

“Over time, Mike taught me the business,” she said. “As I was learning, the department was growing, and together we transformed it from a two-man show into a fully staffed lender-services department, representing most of the top mortgage lenders and brokers.”

As the years went by, industry regulations became stricter, guidelines become more demanding – and MVC evolved with the times.

“We developed and integrated a state-of-the-art IT system, which was fully Dodd-Frank compliant,” Ms.  Malliae said.

The firm’s proactive response to tougher banking regulations inspired an expansion of Ms. Malliae’s responsibilities.

“We had to quickly learn and adhere to these demands from an operational standpoint, which led to a change in my role at the firm,” she said.

Today, as operations director of MVC’s Residential Lending division, some of Ms. Malliae’s work involves regulatory compliance; training of staff with regard to Dodd-Frank and TILA-RESPA Integrated Disclosure (TRID) guidelines; processing and closing loans; preparation of profit and loss (P&L) statements; conferring with the firm’s senior partners; traveling to out-of-state lender sites, and more.

 

 

February 13th, 2018|MVC News|

NYC Law Firm Menicucci Villa Cilmi Adds ‘Triple Threat’ Litigator to Legal Team

Attorney Brendan T. Lantry, an experienced political counsel, criminal prosecutor and civil litigator is based at New York law firm’s Staten Island headquarters

STATEN ISLAND, N.Y.  – The legal team of Menicucci Villa Cilmi PLLC (MVC) is marking the recent addition of accomplished civil litigator, former political counsel and criminal prosecutor Brendan T. Lantry.

“I’m delighted to have Brendan Lantry on board,” said Michael M. Menicucci, the law firm’s founder and managing partner. “His litigation experience, political savvy, and courtroom acuity are a ‘triple threat,’ and support MVC’s mission of providing the expertise and dedication our clients expect of us.”

Lantry, 31, experienced a variety of legal roles prior to joining Menicucci Villa Cilmi as an associate in late 2017, such as: Litigation associate with one of New York City’s premier medical malpractice defense firms; district director to Congressman Daniel (Dan) M. Donovan Jr.; counsel to former New York City Council Minority Leader Vincent M. Ignizio; assistant district attorney in Kings County, and legislative aide to State Sen. Andrew J. Lanza.

In his new position, Lantry is primarily focusing upon civil litigation, including commercial and personal injury litigation, as well as election law matters, commercial agreements and real estate transactions.

“MVC maintains a stellar reputation in the Staten Island litigation, real estate, and commercial-transaction legal communities,” Lantry said. “I’m elated to join this team of fine professionals in providing diligent and efficient legal representation to the Staten Island and Brooklyn communities, and all of metropolitan New York. Thank you to Michael Menicucci and the rest of the MVC team for providing me with this opportunity.”

 

 

February 3rd, 2018|MVC News|

Staten Island Real Estate Option: Easy Walk to Shops and Restaurants

Attorney with experience in banking, finance, business and real estate development spotlights borough’s neighborhoods with ‘walkability’

Some Staten Island neighborhoods are mastering the small-town appeal of bygone days, maintaining walkability in an age of commuters, vehicles and mass transit. This is apparent from St. George and Port Richmond to West Brighton, Meiers Corners, New Dorp, Eltingville, and other communities across the borough.

“Although cars are seen by many as a suburban-like necessity in some parts of Staten Island, there are neighborhoods where people stroll from their homes to enjoy local amenities,” said real estate legal expert, founder and managing partner of the law firm Menicucci Villa Cilmi PLLC. “The ‘Borough of Parks’ is particularly appealing because it offers a choice between ‘walkability’ and a more vehicle-dependent suburban lifestyle.”

Millennials have been propelling interest in walkable communities, but they are no longer alone, Menicucci said, citing a recent survey from the National Association of Realtors® (NAR). According to the report, members of the silent or greatest generation, those born before 1944, also prefer smaller homes in neighborhoods with easy walks to shops and restaurants.

The “2017 National Community and Transportation Preference Survey,” which polled adults from across the United States about what they are looking for in a community, found that 62 percent of millennials and 55 percent of the silent generation prefer walkable communities and short commutes, even if it means living in an apartment or townhouse.

VARIOUS PREFERENCES

Gen-Xers and baby boomers still show a strong preference toward suburban living, with 55 percent of both groups saying that they have no problem with a longer commute and driving to amenities if it means living in a single-family, detached home.

According to the survey, the majority of Americans, 53 percent, would prefer to live in communities containing houses with small yards but within easy walking distance of the community’s amenities, as opposed to living in communities with houses that have large yards but they have to drive to all amenities. This up from 48 percent in 2015.

However, responders with school-age kids in the home, regardless of their generation, show a greater preference for conventional suburban communities. Sixty percent of all responders with kids in school said they prefer larger homes and yards that require driving, and that number jumps to 63 percent for millennials with kids in school.

QUALITY OF LIFE

The survey also found a majority of Americans, 88 percent, are very or somewhat satisfied with the quality of life in their communities, and 51 percent of those people believe that the walkability of their neighborhood contributes to that quality of life.

The report found that women, particularly young women, prioritize walkability and public transit more than older or younger men. Fifty-four percent of young women said that sidewalks and places to take walks is a very important factor in deciding where to live, and 39 percent said the same about having public transit nearby.

However, when it comes to a short commute to work, youth was a greater indicator of preference than gender; 49 percent of young women and 48 percent of young men said being within a short commute to work was a very important factor in deciding where to live.

While 60 percent of adults surveyed live in detached, single-family homes, 21 percent of those respondents said they would rather live in an attached home and have greater walkability. Sixty percent of those surveyed also said that they would be willing to pay a little or a lot more to live within walking distance of parks, shops and restaurants.

“The latest development projects on Staten Island’s North Shore tie in well with those seeking to embrace the conveniences of a walkable community, particularly with all the additional shopping and dining opportunities destined for the area,” Menicucci said.

TRANSPORTATION OPTIONS

When selecting a new home, respondents indicated that they would like choices when it comes to their community’s transportation options. Eighty-six percent of survey participants said that sidewalks are a positive factor when purchasing a home, and 80 percent place importance on being within easy walking distance of places.

When it comes to respondents’ thoughts on transportation priorities for the government, 73 percent indicated that maintaining and repairing roads and bridges should be a high priority, with expanding roads to help alleviate or reduce congestion as the next highest priority, at 54 percent.

The survey of 3,000 adult Americans living in the 50 largest metropolitan areas was conducted by American Strategies and Meyers Research in September 2017.