DEVELOPMENT

CONDO/CO-OP CONVERSIONS

OWNERS AND OPERATORS

PROPERTY MANAGEMENT

About us

Our History
The Musso Group has been a family-run real estate company committed to growth and long-term ownership. Based in New York, we are owners, developers and managers of premium commercial and residential properties. The Musso Group was founded in 1954 by Joseph and Elena Musso with the purchase of a six-family “cold water flat” in the Williamsburg section of Brooklyn. Following the initial acquisition, the company purchased additional “cold water flats” that, under New York City law, were required to be converted from coal heat to a central oil burner. The Musso Group then expanded and began acquiring larger residential properties and commercial properties. Today, The Musso Group owns and manages over 1,000 residential units throughout New York City and Long Island.

Our Mission
The mission of The Musso Group is to be a market leader in the ownership and management of both commercial and residential properties in the New York Tri-state area. As a third generation, family-owned real estate company we are committed to the long-term ownership of properties. We believe in providing our tenants and residents with the best quality service by recruiting highly skilled real estate professionals and providing them with the tools that they need to succeed.

The Executive team

Joseph and Elena Musso – Founders
Olivia Musso – Principal
Victor Musso – Principal
Emilio Musso – Principal
Elena A. Musso - Principal
Michele McNamara – Chief Financial Officer
Alex Musso – Property Manager
Emily Gonzalez – Executive Assistant to CEO/CFO

INVESTMENT STRATEGY

The Musso Group’s investment strategy is to identify and acquire well located but underperforming multi-family properties and utilize the company’s balance sheet and market expertise to create and maximize value.

STRENGTHS AS OWNER/OPERATORS

• 100% direct long-term ownership of a core portfolio of properties, supported by Musso Management, LLC, an in-house, vertically-integrated property management company;
• Veteran staff of experienced managers implement an investment plan for each asset, ensuring the maximum creation and maintenance of value in each asset;
• Over six decades of experience and market expertise recognizing and quantifying acquisition opportunities and solving complicated and difficult operating problems;
• Proven track record of financial success turning around troubled and underperforming assets by repositioning, renovating and re-tenanting.

 

Portfolio

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