Adam Leitman Bailey, P.C. represents multiple prominent lenders in the real estate industry. Recently, the firm’s transactional department represented a lender in a deal that involved a Consolidation, Extension, and Modification Agreement (“CEMA”). A CEMA is an agreement between an individual’s current lender and their new lender. A seller can assign their mortgage to a Full Article…
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Adam Leitman Bailey, P.C. Defeats Motion to Dismiss Petition for Dissolution of Real Estate Holding Company
In a heated disputed between two members of a real estate holding company, Adam Leitman Bailey successfully defended their client’s petition against a procedural motion to dismiss, thereby leaving only respondent’s baseless merits arguments. The LLC at issue was originally formed in 2013 between petitioner and respondent to purchase and manage a commercial property, with Full Article…
Adam Leitman Bailey, P.C. Fights to Recover Property from Baseless Rent Control Succession Claims
Adam Leitman Bailey, P.C. is on the verge of securing a landlord’s property over hotly contested, false claims of succession by the former rent-controlled tenant’s grandson. After three days of trial with 12 claimant witnesses in play, final closings are set so that, as appears inevitable, the Court can finally reject claimant’s specious assertions and Full Article…
Adam Leitman Bailey, P.C. Successfully Defeats Challenges to Co-Op Board and Their Ability to Commence Necessary Building Repairs
After a coordinated campaign of harassment against a Co-Op board, attempts to ignore and undermine that board’s legitimate actions, and efforts to hold illegitimate meetings to unseat lawfully elected board members, Adam Leitman Bailey, P.C. successfully defended the board’s rights, squashed the illegitimate actions, and ensured that the board can carry on with its duty Full Article…
Adam Leitman Bailey, P.C. Prevails on Motion to Vacate Tolling of Statute of Limitations
Adam Leitman Bailey, P.C. successfully moved to vacate the tolling of the statute of limitations on potential claims against a client, as provided for in prior orders of the court, persuading the presiding judge that he had acted beyond his authority in having earlier tolled the statute of the limitations. In 2024, the New York Full Article…
Adam Leitman Bailey, P.C., Obtains Dismissal of HP Proceedings and Wins Access Holdover Proceeding Against Nightmare Rent Controlled Tenant
In New York City, residential leases generally require tenants to provide their landlords access to apartments to inspect, or to perform needed repairs and improvements. The Housing Maintenance Code prohibits tenants from refusing an owner or their agents access to an apartment to make repairs or improvements or to inspect the apartment to determine compliance Full Article…
Adam Leitman Bailey, P.C., Wins Appeal, Forecloses on Property Despite Statue of Limitation Claims to Defeat Action.
It is amazing the lengths some borrowers will go to avoid paying their mortgages while living an a home for free. Mortgages are recorded in the normal course. In this case, however, after the closing where the borrower executed a note and mortgage for $600,00.00 the title closer never recorded the mortgage. To correct this Full Article…
Adam Leitman Bailey, P.C. Successfully Vacates a Default Judgment Imposed by the Office of Administrative Trials and Hearings (OATH) and Obtains a New Hearing Date for Client
The Office of Administrative Trials and Hearings (OATH) is New York City’s administrative law court. The OATH Hearings Division conducts hearings on summonses issued by twenty-five New York City enforcement agencies for alleged violations of law or City rules. Such enforcement agencies include the Departments of Buildings, Sanitation, Environmental Protection, Consumer and Worker Protection, and Health and Full Article…
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