Adam Leitman Bailey Articles

Adam Leitman Bailey Articles

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About Adam Leitman Bailey

 

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Actively at the helm of the law firm he built from scratch, Adam Leitman Bailey, Esq. practices residential and commercial real estate law. Among New York’s most successful and prominent real estate attorneys, Mr. Bailey is one of two attorneys from a law firm with less than 30 attorneys that has been ranked in Chambers & Partners, honored with a Martindale-Hubbell “AV” Preeminent rating, rated by Best Lawyers for himself and his law firm, and selected by Super Lawyers as one of New York’s “Top 100” attorneys, a list that included only five real estate law firms’ attorneys that year.

 

One New York State Judge wrote that Adam Leitman Bailey “was the best trial lawyer I saw in my nine years as a Judge in New York City” while another stated that he had known Bailey for fifteen years and “that he is a brilliant lawyer and innovative who always worked zealously on behalf of his clients.” The Commercial Observer named him as one of New York’s Most Powerful Real Estate Attorneys. Real Estate Weekly recognized him as “one of the most respected commercial real estate attorneys in not only New York City, but arguably the country.”

 

The New York Times referred to his legal strategy and legislation proposed in one case as “novel,” in addition to remarking on another case in which “Adam Leitman Bailey fought on…grinding through excruciating detail and obscure Perry Mason moments.” After Mr. Bailey’s firm used a forgotten statute to prevail in a landmark case, the Wall Street Journal quoted a prominent New York developer’s attorney who called the holding a “game changer” affecting real estate nationwide. Dateline NBC referred to Mr. Bailey as “aggressive, tenacious and smart” in asking him to share his negotiating secrets on its nationally syndicated television program. Mr. Bailey’s advocacy has prevailed in numerous important trials and cases before various courts and trial venues, including Housing, Civil, and New York State Supreme and Federal Courts, as well as various New York Appellate tribunals.

 

Adam Leitman Bailey has successfully defended a number of leading title companies and lenders in the nation and prevailed in numerous trials and settlements involving commercial and residential building owners, tenants, real estate developers, real estate brokerages, insurance companies and cooperative and condominium boards. In addition, Mr. Bailey has favorably represented a number of tenant and homeowner associations as well as commercial and residential tenants, garnering millions of dollars in compensation and rent abatements for these associations and individuals. For clients facing landlords who leave buildings in disrepair, Mr. Bailey has an unusually successful track record of getting those residential towers, apartments, and stores repaired and all services restored.

 

Adam Leitman Bailey has also applied his expertise in closing various real estate deals and commercial leases. He has been named to the Board of Editors for Commercial Leasing Law & Strategy and has a regular real estate column in the New York Law Journal. Bailey’s lease-drafting skills received national attention when BlumbergExcelsior, the nation’s leading form distributor, responsible for over 70 percent of the residential leases signed in the United States, tapped Bailey to draft a new set of residential and office leases for purchase nationwide. BlumbergExcelsior’s principal remarked that Bailey’s lease drafting skills were “remarkable.”

 

His success as cooperative and condominium general counsel earned Adam Leitman Bailey recognition in “Who’s Who in Real Estate” by Habitat Magazine. Mr. Bailey authored his first book, Finding the Uncommon Deal: A Top New York Lawyer Explains How to Buy a Home for the Lowest Possible Price  (Wiley, 2011). This guide through the purchasing process for first-time home buyers became a New York Times bestseller and is available for purchase worldwide. Mr. Bailey has also been elected a Fellow of the American College of Real Estate Lawyers (ACREL), where he serves on the Insurance and Title Insurance committees, and is a former member of the American College of Mortgage Attorneys (ACMA).

 

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Superstar Lawyer Adam Leitman Bailey Speaks About 20-Year Anniversary

  • Adam Leitman Bailey

Adam Leitman Bailey has dedicated his career to reshaping New York City’s real estate law sector for the better. Bailey and his eponymous law firm are associated with some of the most influential legal cases of the new millennium; Bailey upheld religious freedom and the right to free speech in the Grand Zero Mosque case  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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Demolition: One of the last ways to deregulate a building

  • Adam Leitman Bailey

By Adam Leitman Bailey and Dov Treiman February 27, 2020 With the passage in June, 2019 of the HSTPA, owners are desperately seeking ways out of rent regulation in an attempt to recapture the profitability their buildings previously had. Two such exit strategies are “substantial rehabilitation,” available only to deteriorated buildings and “demolition,” generally available  Full Article…

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Improving Rental Buildings’ Profitability Through Demolition

  • New York Law Journal •
  • Adam Leitman Bailey

Adam Leitman Bailey and Dov Treiman discuss demolition proceedings before the DHCR.  By Adam Leitman Bailey and Dov Treiman | February 18, 2020 With the passage in June, 2019 of the Housing Stability and Tenant Protection Act of 2019 (HSTPA), owners are desperately seeking ways out of rent regulation in an attempt to recapture the profitability their  Full Article…

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Everyone Told Me I Couldn’t Be a Lawyer — So I Started a Law Firm.

  • Adam Leitman Bailey

By Adam Leitman Bailey Feb 18, 2020 One of NYC’s top lawyers explains how he transcended barriers to build an exceptional firm. John Peter Zenger shaped my decision on that common childhood question: “What do you want to be when you grow up? ”  Being a lawyer was the profession for my childhood self — until it  Full Article…

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Adam Leitman Bailey was Featured in LawDragon’s Lawyer Limelight Series

  • Adam Leitman Bailey

It’s not an exaggeration to say that Adam Leitman Bailey and fellow attorneys at his namesake firm have reshaped New York real estate law. By specializing in this area of the law, Bailey has been able to focus on cases that are frequently high-profile, such as the dispute over the building of a Mosque near  Full Article…

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Even Broken Bones Can’t Stop Adam Leitman Bailey from Reaching for Success

  • Adam Leitman Bailey

By Josue Arteaga February 3, 2020 After breaking both arms and falling into a coma, most people wouldn’t wake up and decide to win all-county honors for their high school track team.  Most people aren’t Adam Leitman Bailey.  Today, Bailey stands as one of New York’s most sought-after real estate lawyers. He leads an eponymous law firm that  Full Article…

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Real Takk Podcast Episode 18: Adam Leitman Bailey, Top NY Attorney

  • Adam Leitman Bailey

Listen to the full podcast here:https://www.podbean.com/ew/pb-2dcdy-d198bd This is a quote I really love by Kobe Bryant. “How can others story impact others? The definition of greatness is to inspire people next to you.  How can you inspire one person then turn to inspire another person. Our challenge is for people, to figure out how our story  Full Article…

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  • Appellate Litigation
  • Buyouts and Sale of Apartment Lease
  • Commercial Landlord Representation
  • Commercial Leasing Services
  • Commercial Tenant Representation
  • Condominium & Cooperative Board & Building Representation
  • 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
  • Title Insurance Claims Group

RECENT POSTS

  • Adam Leitman Bailey P.C. Obtains Summary Judgment Ruling Dismissing Complaint Seeking Payment Of Exterminator Fees Where No Contract Was Shown To Exist To Provide Authority For Such Payment
  • Adam Leitman Bailey, P.C. Overcomes Son’s Succession Claim and Wins Holdover Proceeding and Monetary Judgment for Landlord After Trial
  • Adam Leitman Bailey, P.C., Wins Trial and $100,000 Monetary and Possessory Judgment in Residential Non-Payment Case, Overcoming Laches and Breach of Warranty of Habitability Defenses
  • Adam Leitman Bailey, P.C. Secures Substantial Early Termination Payment for Tenant of Foreclosed Building in Receivership
  • Coop Board Forced To Obey The Law

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