By Rosemary Liuzzo Mohamed Our firm represents several Coop buildings in New York City in connection with closing the sales of their units. When the seller of a unit is the shareholder’s estate, we are often asked for coop estate requirements to sell. Here is a brief but thorough summary of what most coops will Full Article…
Viewing 1 to 8 of 173 items
How To Win a Board Election
It may seem counterintuitive, but the person who wins a seat on their co-op or condo board is often not simply the most popular person to throw their hat into the ring. Before the votes are cast at the annual meeting, candidates eyeing board seats who are truly serious about serving their building community will 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…
Improving the License Agreement for a Construction Project for a Condominium
Adam Leitman Bailey, P.C. was retained by the Board of Managers of a large residential condominium (“Condominium”) in Manhattan to negotiate a license agreement for work mandated by the New York City Department of Buildings (“DOB”) to its building, after negotiations with current counsel failed. By way of background, over the prior several months, the Full Article…
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. represents a Coop corporation in Queens, New York. When a new Board was elected it conducted an investigation of the books and records maintained by the prior managing agent. The Board questioned the exterminating service which had billed the Corporation over $2 million over a number of years for termite and Full Article…
Coop Board Forced To Obey The Law
The well known “business judgment rule” gives a cooperative’s Board of Directors wide discretion in how to administer the building it oversees. Many Boards, however, mistake this for an even broader mandate to do whatever they wish. When a family that owned a penthouse apartment in a coop came to Adam Leitman Bailey, P.C., they Full Article…
Adam Leitman Bailey, P.C. Lifts the Cloud Over Client’s Title
Adam Leitman Bailey, P.C. vindicated the ownership rights of a Housing Corporation in two of its residences. After pressing suit in New York Supreme Court, setting forth compelling facts and evidence and seeking injunctive and substantial monetary relief for the owner, Defendant was forced to capitulate, withdrawing his spurious claims over title. A former tenant Full Article…
Adam Leitman Bailey, P.C. Makes New Cooperative Law on Repairs During Street Fight on the Upper East Side
Kahn v. 230-79 Equity Inc. Twenty one years ago, Adam Leitman Bailey, took off its glove and went toe to toe in a street fight for a shareholder in an Upper East Side Cooperative that involved multiple causes of actions and published decisions. The shareholder prevailed in each battle but not before settling a long Full Article…
Twitter