Milio Realty assumes management of 140-unit building in the Bronx
According to Milio Realty Corp., they have assumed management of a 140 unit elevator building.
Milio Realty president, Carmelo Milio, CPM, said, "Our company has successfully owned and managed real estate in Westchester and Dutchess Counties, New York City and Connecticut for over 30 years; with this experience behind us, I am confident that our team will successfully improve the financial and physical quality of the building."
A leading real estate management and investment brokerage company, Milio Realty thrives on a unique combination of ability, knowledge and hands-on experience. By implementing these techniques, they have perfected the ability to maximize income and lower expenses, while providing high quality service.
Milio Realty is licensed in New York and Connecticut and specializes in managing commercial properties, such as apartment buildings, condominium complexes, and retail stores. All management from accounting and billing to repairs and capital improvements are done in-house, providing an edge over conventional management firms. For more company and contact information please visit www.miliorealtycorp.com.
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
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”.
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
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
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