Adam Leitman Bailey Articles

Adam Leitman Bailey Articles

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Adam Leitman Bailey, P.C. Obtains Restraining Order to Lock Out Violent Illegal Short-Term Rental Operators with New York Police Department Assistance

  • Adam Leitman Bailey, Dov Treiman, Vladimir Mironenko

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

  • Purchase & Sale of Homes, Purchase and Sale of Multi-Family Dwellings and Buildings, Real Estate Litigation

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…

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Adam Leitman Bailey, P.C. Resolves an Intricate Easement Dispute, Enabling Client to Pursue Construction Project

  • Construction Litigation, New Construction Representation, Real Estate Litigation

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…

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Adam Leitman Bailey, P.C. Helps Seller Retain Purchaser’s Deposit in Contentious Litigation

  • Courtney J. Lerias, Eric S. Askanase, John Desiderio, Supreme Court 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…

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Adam Leitman Bailey, P.C. Remains Vigilant and Prepared as Omicron Sweeps Through State

  • Banking, Mortgage Finance Practice Group, Rosemary Liuzzo Mohamed

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…

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Adam Leitman Bailey, P.C. Successfully Negotiates Almost Complete Relief for a Landlord Seeking Arrears From Rent-Stabilized Tenant

  • Carolyn Raulo, Dov Treiman, Eric S. Askanase, Landlord Representation, Supreme Court Litigation

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…

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Overcoming Obstacles with the General Power of Attorney

  • Amy Chen, Mortgage Finance Practice Group, Rosemary Liuzzo Mohamed

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…

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Adam Leitman Bailey, P.C. Ensures Tenant’s Compliance and Achieves Ideal Outcome for Landlord Client; Tenant Pays Landlord’s Legal Fees in Full

  • Carolyn Raulo, Commercial Landlord Representation, Dov Treiman, Landlord Representation

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…

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Adam Leitman Bailey, P.C. Vacates Covid-19 Hardship Declaration Filing Stay in a Case of First Impression

  • Courtney J. Lerias, Danny Ramrattan, Jackie Halpern Weinstein

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…

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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, Rachel Sigmund, Tom Furst

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…

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Seven Adam Leitman Bailey, P.C. Lawyers Recognized by Best Lawyers®

  • Andrew Jorges, Courtney J. Lerias, Danny Ramrattan, Joanna Peck, Marianne Sanchez, Rachel Sigmund

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…

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‘Real Estate Titles: The Practice Of Real Estate Law’ Webinar Hosted by Co-Editor in Chief Adam Leitman Bailey, Now Available Online

  • Adam Leitman Bailey

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…

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The “Irreparable Harm” Conundrum in Obtaining a Preliminary Injunction

  • Adam Leitman Bailey, John Desiderio

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…

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Adam Leitman Bailey Co-Edits and Releases Real Estate Titles: The Practice of Law in New York (Real Estate Titles, 4th edition)

  • Adam Leitman Bailey

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…

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Preparing Practitioners for the Next Disasters

  • Adam Leitman Bailey, Dov Treiman, John Desiderio

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…

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How To Run a Board Meeting

  • Uncategorized

Adam Leitman Bailey explains how using Robert’s Rules of Order can assist with effective and productive board meetings in real estate matters. “The holding of assemblies of the elders, fighting men, or people of a tribe, community, or city to make decisions or render opinion on important matters is doubtless a custom older than history,”  Full Article…

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Adam Leitman Bailey, P.C. Settlement Negotiations Save NYC Owner Hundreds of Thousands of Dollars in Rent Overcharge Class Action Case

  • Carolyn Raulo, Dov Treiman, Jeffrey R. Metz

Since the surge of tenant class action rent overcharge cases began circa 2017, Adam Leitman Bailey, P.C., has defended a number of the targeted NYC owners of buildings who participated in the J-51 tax exemption and abatement program and did not, for one reason or another, immediately re-regulate units after the 2009 Court of Appeals  Full Article…

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Adam Leitman Bailey, P.C. Achieves Favorable Settlement of Construction Defects Claims Against a Sponsor

  • Courtney J. Lerias, John Desiderio

Plaintiff, a unit owner at a Queens County condominium, brought an action against the Sponsor and the Sponsor’s managing agent, asserting the following causes of action against the Sponsor, relating to the allegedly defective construction of the Plaintiff’s unit: (1) breach of contract; (2) breach of warranty; (3) breach of the NYC noise code; and  Full Article…

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Adam Leitman Bailey, P.C. Defeats Order to Show Cause Seeking to Stay Housing Court Eviction Proceeding

  • Adam Leitman Bailey, Dov Treiman, Jennifer Milosavljevic, William Perkarsky

The clients – an elderly mother and her middle-aged son – came to Adam Leitman Bailey, P.C. in a very precarious and complicated situation. They were in the midst of a contentious family dispute related to the decade-long ownership of the clients’ property in Brooklyn. The clients, who are the mother and half-brother of the  Full Article…

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Adam Leitman Bailey, P.C. Revives Judgment Resulting in Clients Recovering Over $2.5 Million from Former Friend

  • Danny Ramrattan

In a friendship gone bad, Adam Leitman Bailey, P.C. was retained by clients (“Plaintiffs”) who had a Judgment of Foreclosure and Sale (“JFS”) that was over five years old. The Plaintiffs were not traditional lenders but rather were assigned the JFS and the underlying loan when their former friend (“Defendant”) requested a gigantic favor from  Full Article…

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FHA Loans

  • Rosemary Liuzzo Mohamed

Multiple clients have recently inquired about FHA Loans. FHA loans are mortgages insured by the Federal Housing Administration of our government, and may be used to finance a primary residence. Homebuyers, especially first time, may explore this type of mortgage when they do not qualify for a conventional mortgage. FHA loans can be helpful in  Full Article…

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Adam Leitman Bailey, P.C. Successfully guides Mitchell-Lama Co-Op in Holding Its Annual Shareholders Meeting While Navigating Several Challenges Posed by Covid and Recent Amendments to New York City’s Private Housing Finance Law

  • Niki Khindri, Steven Wagner

Adam Leitman Bailey, P.C. is general counsel to several City and State Mitchell-Lama co-ops  in the New York City area. When one client asked for assistance in holding its annual meeting, Adam Leitman Bailey, P.C. stepped in. Due to the pandemic, the co-op’s timeline for holding its annual meeting and election of directors was thrown  Full Article…

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Adam Leitman Bailey, P.C. Massively Reduces Alteration Fee Penalties Totaling Over 1 Million Dollars for Central Park West Apartments

  • Tom Furst

Adam Leitman Bailey, P.C.’s client, a co-op owner of two adjoining luxury apartments facing Central Park West, undertook a major renovation nearly four years ago, and is only now being completed. The alteration rules of this co-op are very stringent, and in particular the Alteration Agreement imposed very stiff fines for late completion. Furthermore, the longer the completion delay, the faster pace  Full Article…

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  • Condominium & Cooperative Litigation
  • Condominium & Cooperative Owner & Shareholder Representation
  • Condominium & Cooperative Representation
  • Condominium/Board of Managers Representation of Newly Constructed Buildings & Conversions
  • Division of Housing and Community Renewal (DHCR)
  • Fire and Building Violations
  • Foreclosure Litigation Group
  • Homeowner and Tenant Associations
  • Insurance Defense Litigation
  • Landlord Representation
  • About Mitchell-Lama/ Housing Development Fund Corporation (HDFC) & Third Party Transfer Representation
  • Mortgage Finance Practice Group
  • Purchase & Sale of Homes
  • Purchase and Sale of Multi-Family Dwellings and Buildings
  • Real Estate Administrative Proceedings/Environmental Control Board
  • Real Estate Litigation
  • Tenant Representation
  • Q & A
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RECENT POSTS

  • How To Run a Board Meeting
  • Adam Leitman Bailey, P.C. Settlement Negotiations Save NYC Owner Hundreds of Thousands of Dollars in Rent Overcharge Class Action Case
  • Adam Leitman Bailey, P.C. Achieves Favorable Settlement of Construction Defects Claims Against a Sponsor
  • Adam Leitman Bailey, P.C. Defeats Order to Show Cause Seeking to Stay Housing Court Eviction Proceeding
  • Adam Leitman Bailey, P.C. Revives Judgment Resulting in Clients Recovering Over $2.5 Million from Former Friend

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