Adam Leitman Bailey, P.C. secured an emergency temporary restraining order for its landlord client before Christmas, obtaining permission from a Supreme Court Judge to change the locks and seal the doors to three apartments with New York Police Department (NYPD) assistance to keep out violent illegal short-term rental operators. First, Adam Leitman Bailey, P.C. secured a Full Article…
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Adam Leitman Bailey, P.C. Hired to Litigate in Sale of Property Conflict and Resolves Dispute Against Neighbor Without Litigation and Much Higher Sales Price
Two siblings hired Adam Leitman Bailey, P.C. for a contract negotiation regarding the sale of their inherited apartment. After successfully and strategically maneuvering the clients through a series of intricate hurdles, the attorneys at Adam Leitman Bailey, P.C. reached a settlement with the client’s adversary at a much higher price than they had been previously Full Article…
Adam Leitman Bailey, P.C. Resolves an Intricate Easement Dispute, Enabling Client to Pursue Construction Project
In the midst of a complicated easement dispute, a real estate developer and holding company enlisted the expertise of Adam Leitman Bailey, P.C., who ultimately rescued their development project by clearing out all underlying litigation conflicts. A real estate developer had recently purchased a property on which they planned to develop affordable housing, a project Full Article…
Adam Leitman Bailey, P.C. Helps Seller Retain Purchaser’s Deposit in Contentious Litigation
Adam Leitman Bailey, P.C. represented owners of a Manhattan cooperative apartment who contracted in June 2021 to sell the apartment to sophisticated buyers, securing a standard 10% deposit on signing. The purchase contract contained standard terms, including an unconditional approval from the sellers’ co-op board. The apartment in question had previously been outfitted with central A/C and Full Article…
Adam Leitman Bailey, P.C. Remains Vigilant and Prepared as Omicron Sweeps Through State
As the Omicron variant sweeps its way through New York City, the banking department at Adam Leitman Bailey, P.C. is working safely and diligently to ensure all files are closed on time and in accordance with all CDC guidelines. Our staff continues to maintain the required social distancing, disinfecting regularly, always wearing masks during the Full Article…
Adam Leitman Bailey, P.C. Successfully Negotiates Almost Complete Relief for a Landlord Seeking Arrears From Rent-Stabilized Tenant
COVID-19 has disrupted the ordinary course of dealings in both the residential leasing and sales sectors, with renters and buyers using COVID-related excuses and delays in attempt to avoid paying rent and close on sales in a fluctuating market. However, using a distinct combination of deep institutional knowledge about the Real Estate market, aggressive litigation Full Article…
Overcoming Obstacles with the General Power of Attorney
Closing by Power of Attorney has always been a common practice in real estate transactions, especially now during the pandemic. Parties who are unable to attend the closing personally could delegate such power to an agent to execute documents on their behalf at the closing table. While it may be a seemingly straightforward delegation, New Full Article…
Adam Leitman Bailey, P.C. Ensures Tenant’s Compliance and Achieves Ideal Outcome for Landlord Client; Tenant Pays Landlord’s Legal Fees in Full
The landlord of a large commercial space in the East Village consisting of a store front that spans half a city block and two basement spaces retained Adam Leitman Bailey, P.C. after his tenant refused to pay rent. The tenant, a large food market and essential business, did not have to shut down by the Full Article…
Adam Leitman Bailey, P.C. Vacates Covid-19 Hardship Declaration Filing Stay in a Case of First Impression
Adam Leitman Bailey, P.C. was retained by a lender to commence foreclosure proceedings against a borrower LLC on a residential property. Notably, the LLC’s member specifically represented at origination that the mortgaged premises would be an investment property and executed an occupancy affidavit to that effect. Lender was granted summary judgment and an Order of Full Article…
Adam Leitman Bailey, P.C. Secures Bulk Purchase of 22 Units in New Luxury Condominium Building for Client, Deeming Client “Successor Sponsor”
Adam Leitman Bailey, P.C. represented a real estate developer/investor in its bulk purchase of 22 units in a new luxury condo in Midtown Manhattan with a total offering of over $500 million. Our client’s bulk purchase of 22 units was in excess of $80 million. The process presented our attorneys with an intricate series of obstacles which Full Article…
Seven Adam Leitman Bailey, P.C. Lawyers Recognized by Best Lawyers®
Manhattan, NY, United States, August 19, 2021 — Adam Leitman Bailey, P.C. is pleased to announce that Adam Leitman Bailey has been included in the 2022 edition of The Best Lawyers in America®. Six additional Adam Leitman Bailey lawyers have been recognized in the 2nd edition of Best Lawyers: Ones to Watch in America. Best Full Article…
‘Real Estate Titles: The Practice Of Real Estate Law’ Webinar Hosted by Co-Editor in Chief Adam Leitman Bailey, Now Available Online
Unlock all of the ‘ins and outs’ of real estate law, produced, reviewed, and edited by an all-star collective of real estate lawyers. Real Estate Titles is an encyclopedia of real estate law expertise that is regarded as the most useful instrument in any practitioner and judges tool belt. It gives in-depth information about real Full Article…
The “Irreparable Harm” Conundrum in Obtaining a Preliminary Injunction
Situations arise every day requiring attorneys to commence an action seeking court intervention to obtain immediate provisional relief, “respecting the subject of the action,” to protect a client against actions, in violation of the client’s rights, by a person, who is either threatening, about to do, doing, or procuring or suffering to be done, actions, Full Article…
Adam Leitman Bailey Co-Edits and Releases Real Estate Titles: The Practice of Law in New York (Real Estate Titles, 4th edition)
The first completely updated edition of James Pedowitz’s legendary book including entirely new material with 34 chapters written by 30 of the most prominent real estate attorneys of our lifetime. Adam Leitman Bailey had the great honor of co-editing with First American’s Michael Berey. Editor(s): Adam Leitman Bailey, Esq.; Michael Berey, Esq.; Real Estate Titles: Full Article…
Preparing Practitioners for the Next Disasters
By Adam Leitman Bailey, Dov Treiman and John Desiderio This article gives practical advice to lawyers to help their business clients and building owner clients best prepare for the effects of catastrophic disasters, natural and man-made. Introduction In the United States of America, the number of natural disasters has gradually increased. Most of the costliest Full Article…
Mission Impossible: Securing Almost 2 Million Dollars From a Convicted Felon to Payoff Claims Owed to Commercial Lender
In the life of a title litigator, you want to be challenged and have interesting cases where you are asked to use your best skills to prevail. We were delighted to be told that this claim required the most aggressive, street-smart law firm on the Fortune 500 companies attorney list and we could not feel Full Article…
Adam Leitman Bailey, P.C. Wins a Case of First Impression Under FAPA, Protecting its Client’s Mortgage in a Murky Legal Climate for Lender’s Rights
Adam Leitman Bailey, P.C. was retained by a lender to navigate through the ever-changing foreclosure laws and save the lender’s ability to foreclose. The lender’s foreclosure action was commenced in 2017. The lender moved for summary judgment, and the borrower cross-moved to dismiss, arguing that, per the Second Department’s holding in Bank of America, N.A. Full Article…
Adam Leitman Bailey, P.C. Wins Summary Judgment of Possession and a Warrant of Eviction in Terminated Superintendent Holdover Proceeding
In New York City, building superintendents often receive free live-in apartments in buildings they service for the duration of their employment. So long as no independent landlord-tenant relationship is created, the super and their family may live in the apartment while employed. They must vacate the apartment upon the termination of their employment. A Manhattan Full Article…
Adam Leitman Bailey Files Lawsuit, Settles Emergency Case Providing Fortune 10 Company with Access to Repair Building While Accessing Neighbor’s Property
A call came in that a building in Brooklyn had pieces falling off of it and was in danger of harming persons using a parking facility below next door. In order to repair the building, protective equipment was needed to secure the building and the parking spaces next door. The neighbor had a price they Full Article…
Adam Leitman Bailey, P.C. Prevails Defending Former Cooperative Board Members in a Defamation Action Using Amended Anti-SLAPP Statutes
In response to an action filed by a coop corporation against a former board member and one of its shareholders alleging that the defendants had defamed Board members by distributing newsletters and emails anonymously accusing the Board members of dishonesty and fraudulent conduct, one of the defendants moved to dismiss the complaint pursuant to New Full Article…
Adam Leitman Bailey, P.C. Preserves Six Million Dollars In Loans Made by Its Client
When the managing member of three real estate LLCs sought to refinance the existing senior debt, Adam Leitman Bailey, P.C.’s client made loans totaling approximately six million dollars. There was also a mezzanine lender, whose agreement with the holding company for the LLCs, required its written permission for an activity such as a refinance. None Full Article…
Adam Leitman Bailey, P.C. Wins Summary Judgment Despite Attacks on the Servicer’s Limited Power of Attorney and on the Affidavits of Service for the Notices
Adam Leitman Bailey, P.C. was retained by a lender in connection with the foreclosure of a business purpose loan on a residential premises in Suffolk County. Once the firm moved for summary judgment, the defendants argued that the affidavit of a Vice President from the loan servicer and attorney-in-fact to the plaintiff was insufficient to Full Article…
Adam Leitman Bailey, P.C. Quickly Secures Victory for Lender Facing Adverse Possession Claim
Adam Leitman Bailey, P.C. was recently retained by a title company to represent a Lender’s interest in an adverse possession action in Queens. The Lender had commenced an action to foreclose a mortgage against the subject property which resulted in an auction taking place. However, before the closing of the sale could take place, a Full Article…