Cangiano Estates builds borough’s ‘5th bridge’ through alliance with Italian law firm
STATEN ISLAND, N.Y. (JULY 23, 2014) – The newest addition among Staten Island’s major bridges reaches farther than Brooklyn or New Jersey, figuratively spanning to Europe.
A recently forged industry partnership between an Island-based Realtor and an Italian-headquartered law firm is making it easier for New Yorkers to sell, purchase or rent properties confidently in Italy.
“The process of selling or buying a home abroad appears intimidating to many people, but when you’re working with the right team here and in Italy, the transaction is streamlined and not as complicated,” said Realtor Traci Cangiano, owner of Cangiano Estates in the Staten Island community of Great Kills.
The alliance between Mrs. Cangiano’s agency and the law firm of Perugi and Associates in Viterbo, Italy, about 65 miles north of Rome, has resulted in a flourishing of Italian-property listings between the Staten Island Realtor and the law firm owned by Rome native Alfredo Perugi.
Current offerings range from $150,000 for a one-bedroom unit on the outskirts of Rome to a $12.5 million villa on the Mediterranean coast of Tuscany, with 800 olive trees and three vineyards.
“We have built a fifth major Staten Island bridge – one that eliminates the real-estate gap between the U.S. and Italy,” said Perugi International Liaison Nick Cammarano, a Rome resident and native of Staten Island’s Dongan Hills neighborhood. “Traci Cangiano is the perfect partner in this initiative. She is an experienced Realtor and immediate past-president of the Staten Island Board of Realtors (SIBOR) with a keen understanding of both the U.S. and Italian cultures and a proven interest in client satisfaction. Her uncompromising integrity works well with the high ethical standards of Perugi and Associates, and this is vital for working in the best interests of buyers and sellers on two continents.”
Although Mrs. Cangiano is based on Staten Island, her firm’s online listings of the Italian properties make them readily available across the United States to buyers desiring a safer and transparent means of purchasing a foreign property, the Realtor said.
Some of the Italian homes, available either for purchase or as vacation rentals, are actually owned by Staten Islanders and others Americans who earlier had been apprehensive about transacting a real estate deal from afar, Mrs. Cangiano noted.
One such seller is Antoinette D’Angelo, a resident of the West Brighton-Sunset Hill area of Staten Island.
“My experience with Cangiano Estates has been a very smooth and pleasant experience,” said Ms. D’Angelo, who with Mrs. Cangiano’s help has placed two condominiums in Formia, Italy on the U.S. market. “ I can’t express how thankful I am.”
The fears of long-distance sellers, like Ms. D’Angelo, as well as buyers have been put to rest, Cammarano said.
“The arrangement between Cangiano Estates and Perugi and Associates has created a boutique-shop experience,” he said. “We walk all involved parties through every step, in both the United States and Italy.”
The relationship between the two firms “removes the angst international home sellers and buyers might normally face by eliminating concern over such matters as potential fraud, language barriers, negotiations, distance, payment arrangements and legal compliance,” added Mrs. Cangiano, whose local team of real estate professionals includes 34 Realtors, some fluent in Italian, and Greg Sokol, an associate broker and SIBOR Board director. “Working with Perugi and Associates is reassuring because we know we have a capable and trustworthy representative on the Italian end of all our transactions.”
To help ease and expedite the buying and selling process, Mrs. Cangiano said, “real estate contracts are translated into Italian and meet the standards for MLS (Multiple Listing Service) listings in the United States, protecting sellers or landlords here and in Italy. In the United States, you’re dealing directly with Cangiano Estates, with additional support from a dependable law firm in Italy.”
To further protect American sellers and buyers, a Perugi and Associates liaison in Italy researches and visits each site; provides an accurate description and assessment, including its condition, and takes photographs. For the American seller, the liaison will promote the property in Italy.
“Right now,” Cammarano said, “the economy is tough in Italy, and it’s actually easier to sell an Italian property in the United States than it is to sell it there.”
About Cangiano Estates
Cangiano Estates, Ltd. is an independent full-service real estate agency operated hands-on by Realtor Traci Cangiano. Since launching in 2006, the firm has never strayed from its commitment of providing clients with a level of service that is second to none, inspiring it to flourish from a modest startup in a rented space into a thriving enterprise with more than 30 Realtors and its own building. The agency is a member of the National Association of REALTORS® (NAR), the New York State Association of Realtors (NYSAR) and the Staten Island Board of Realtors (SIBOR).
Cangiano Estates is headquartered at 3888 Amboy Rd., Staten Island, NY, 10308. The firm may be contacted by phone at 718-605-5800; emailed at aPlace2Live@aol.com, and visited online at CangianoEstates.com.
About Perugi and Associates
The law firm of Perugi and Associates was founded in 1998 in Virtebo, Italy by Alfredo Perugi, who continues to expand the firm within the global arena. The office provides legal representation in civil matters with a particular concentration in real estate, such as the governing of contracts involving building; sales; rentals; condominiums; multiple ownerships, international real estate law, and more.
Media Contact: Barton Horowitz