Adam Leitman Bailey, P.C. was retained by shareholder of an apartment in a prestigious NYC cooperative for help after her apartment allegedly caused leaks into two neighboring units. A. First Affected Apartment The first unit was directly below our client’s. That shareholder threatened litigation against our client, claiming that his apartment was suffering from water Full Article…
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Adam Leitman Bailey, P.C. Facilitates Adoption of First Sale Capital Assessment for Mitchell-Lama Client
Adam Leitman Bailey, P.C. represents a number of Mitchell-Lama co-op developments throughout New York City. The Mitchell-Lama Program provides housing that is affordable to the middle class across New York State and is overseen by NYC’s Department of Housing Preservation and Development (HPD). An ongoing obstacle that many Mitchell-Lama co-ops face is keeping maintenance charges Full Article…
Adam Leitman Bailey, P.C. Secures Largest Condominium Construction Defect Settlement in Brooklyn History
In 2018, Adam Leitman Bailey, P.C. was retained by a group of unit owners at a new construction condominium in Williamsburg, Brooklyn. The new build encompassed an entire block and contained over 200 units consisting of one to three-bedroom units, duplexes, lofts, penthouses and townhomes. On paper, the building sounded wonderful. In reality, however, the Full Article…
Co-ops Are Exempted From The 2019 Housing Stability Tenant Protection Act
As many know, on June 14, 2019, then Governor Andrew Cuomo signed into law a massive overhaul of landlord-tenant laws throughout the State of New York, known as The Housing Stability Tenant Protection Act (HSTPA). Among other things, these new laws made rent regulation – rent control, rent stabilization, and the Emergency Tenant Protection Act Full Article…
Adam Leitman Bailey, P.C. Gets Back Terrace Space Belonging to Client
Adam Leitman Bailey, P.C. was retained by the unit owner of a new construction condominium in upper Manhattan in connection with a dispute concerning the size of the unit owner’s terrace. In particular, the amount of “as built” terrace area owned by our client was approximately 85 square feet (SF) larger than the area that 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…
Adam Leitman Bailey, P.C. Persuades Sponsor of Condominium to Fix Building Issues
In 2018, Adam Leitman Bailey, P.C. was retained by a group of unit owners at a prominent new construction condominium in lower Manhattan. There were numerous defects in the construction of their 150-unit building. The sponsor still controlled the board of managers and had only been performing band-aid repairs. The issues ranged from missing firestopping, Full Article…
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