News: Spotlight Content

Kenneth Meccia of Statewide Abstract Corp. - Where title insurance is a family affair

When Kenneth Meccia's father, James Meccia started Statewide Abstract Corporation back in 1979 - he did business with banks like Marine Midland, Dollar Dry Dock, Dime Savings Bank, Chemical Bank, Westchester Federal and others --- all now gone from the business landscape. "We've seen so many banks and title companies come and go, but we're still here, stronger than ever," said Statewide president Kenneth Meccia, who today, along with his brother Alan Meccia, Statewide's CEO, are charting a new course for the White Plains-based company that is one of New York State's largest and fastest growing title insurance agencies. This summer Statewide marked a landmark in the company's history when it opened a New York City office in one of the most competitive real estate marketplaces there is. "We are ready," said Meccia, who admits the NYC office was a natural next step for the company that has been involved in more national multi-million commercial deals. Under Meccia's management the company has expanded from its beginnings in White Plains, to serve clients in Putnam, Dutchess, Rockland, Nassau and Suffolk counties, as well as New York City. Meccia, who also heads up Statewide's New York City office, has put together a top sales team who know the New York market and know how to sell. They include veteran statewide account managers Elaine Heyda, Connie Alimena, Richard Krasner and former PGA professional Sharon McQuillan, along with John Sullivan, who was recently named the company's vice president and National Commercial Manager. "We have hired some of the best in this business," said Meccia, who promises "the same level of exemplary service" to Statewide's New York City clients as they have provided for other clients in the tri-state area. Together, Kenneth and Alan manage the company's professional staff that includes a legal staff and over 30 employees who produce over 8,000 commercial and residential title reports annually. Also by his side, Ken's wife, Kathy has worked at Statewide for the last 18 years as a closer. "We look forward to bringing our clients an unusual depth of experience and new opportunities in large national office, hotel and buildings sales," said Meccia, whose company uses the industry's most advanced technical programs on preparing title reports. Meccia also credits his company's growth and stability to the fact that it has always diversified, insuring both residential and commercial properties. Since 1979 it has issued over 80,000 policies on commercial buildings, new construction, condominium and cooperative conversions. Statewide underwrites its title policies through Chicago Title Insurance Company and Stewart Title Insurance Company. In Westchester and NYC, Statewide has handled large and more complex commercial deals for prominent developers. Some deals include: The Westchester Mall, Stewart Airport, The Westchester County Medical Center, The Greater NY Automobile Dealers Association, Poughkeepsie Properties, Gramercy Towers Corp., Grand Concourse Realty Corp., Brooklyn Projects LLC, Heritage Hills in Somers, the Tarrytown Corporate Center and more. While Statewide has the ability to handle the large commercial deals, in the city as well as suburban markets, Meccia sees to it that his company's staff move quickly and strategically for every client, big or small. "I have done business with Ken and Statewide for years," said Carlo Zacchia, supervising attorney at the NYC real estate law firm Cassin Cassin and Joseph, who praises the company's "boutique" hands-on approach. "There are no layers of corporate bureaucracy to have to get through," added Zacchia, who says his clients' needs are always met on time and in the most professional manner. "That is a big plus." This past summer, the third generation of Meccias --- Kenneth's 19-year-old daughter Kailey and Alan's 21-year-old son James --- worked as "apprentices' at the White Plains office started by their grandfather James, Statewide's board chairman, who still comes to the office regularly to supervise. "I am so proud of both Kenny and Alan who have worked hard to take our company to that next level," said James, the patriarch of the Meccia family that today includes six children, 18 grandchildren and five great grandchildren. "We all are so proud of our dad, and what he's managed to accomplish," said Meccia. "We count our blessings each day and I know how much we have to be grateful for." "The family never had a master plan but things have worked out pretty good for all of us."
MORE FROM Spotlight Content

Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin

When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Oldies but goodies:  The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra

Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
The strategy of co-op busting in commercial real estate - by Robert Khodadadian

The strategy of co-op busting in commercial real estate - by Robert Khodadadian

In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

How much power does the NYC mayor really have over real estate policy? - by Ron Cohen

The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:

Formal Legislative Role

Limited direct lawmaking power: The NYC Council is the primary
Properly serving a lien law Section 59 Demand - by Bret McCabe

Properly serving a lien law Section 59 Demand - by Bret McCabe

Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.