Adam Leitman Bailey Articles

Adam Leitman Bailey Articles

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Adam Leitman Bailey, P.C. Facilitates Adoption of First Sale Capital Assessment for Mitchell-Lama Client

  • About Mitchell-Lama/ Housing Development Fund Corporation (HDFC) & Third Party Transfer Representation, Condominium & Cooperative Board & Building Representation, Rachel Sigmund

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…

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Adam Leitman Bailey, P.C. Secures Largest Condominium Construction Defect Settlement in Brooklyn History

  • Adam Leitman Bailey, Condominium & Cooperative Board & Building Representation, Condominium & Cooperative Litigation, Condominium & Cooperative Representation, Rachel Sigmund, Real Estate Litigation

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…

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Co-ops Are Exempted From The 2019 Housing Stability Tenant Protection Act

  • Condominium & Cooperative Board & Building Representation, Condominium & Cooperative Litigation, Condominium & Cooperative Owner & Shareholder Representation, Condominium & Cooperative Representation, Rachel Sigmund

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…

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Adam Leitman Bailey, P.C. Gets Back Terrace Space Belonging to Client

  • Condominium & Cooperative Owner & Shareholder Representation, Rachel Sigmund

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…

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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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Adam Leitman Bailey, P.C. Persuades Sponsor of Condominium to Fix Building Issues

  • Adam Leitman Bailey, Rachel Sigmund

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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Adam Leitman Bailey, P.C. Saves and Secures Life-Saving Facility While Stopping Work on Development Project

  • Adam Leitman Bailey, Condominium/Board of Managers Representation of Newly Constructed Buildings & Conversions, Joanna Peck, Landlord Representation, Rachel Sigmund, Real Estate Litigation

In New York City, some buildings are sacrosanct.  They may not be good looking or special from the outside but what they do on the inside helps save lives.  When Adam Leitman Bailey attorneys received the emergency call and ran to this building, upon arriving we were shuffled into an office and briefed on the  Full Article…

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RECENT POSTS

  • 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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