Adam Leitman Bailey P.C. successfully defends purchasers of units in a condominium following the original sponsor’s bankruptcy against claims of individual units owners for breach of contract The original sponsor of a condominium conversion declared bankruptcy after it was sued by individual unit owners for design and construction defects. In the bankruptcy proceeding, the firm’s Full Article…
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Unprecedented Negotiation of License Agreement with Large Developer Improves, Structurally Stability, and Increases Value and Longevity, of Adjacent Building
A prominent real estate holding company needed to negotiate an extraordinarily complicated license agreement for protections relating to a prominent university’s massive construction project adjacent to the building. The university’s project included demolition work, support of excavation work, foundation work, and the construction of a new building. In particular, the real estate holding company was Full Article…
Adam Leitman Bailey, P.C. Saves and Secures Life-Saving Facility While Stopping Work on Development Project
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…
Eviction During A Pandemic When Evictions Are Prohibited
When Adam Leitman Bailey, P.C.’s client came for help, it was faced with a tenant who had illegally AirBnB’d his apartment to someone believed to be dealing drugs from the apartment with no intent ever to leave. The tenant of record having returned home to Spain, there was no pressure to apply to him and Full Article…
Adam Leitman Bailey P.C. Wins Coop’s Right To Retain Multimillion-Dollar Security Deposit post-HSTPA
In one of the first tests of the 2019 Rent Law’s provisions restricting security deposits and prepaid rent, Adam Leitman Bailey P.C. won for an extreme upscale cooperative in Manhattan, the right to keep the multimillion-dollar, multiyear prepaid maintenance they had negotiated from a foreign national with an unsavory international reputation. Arguing that the prepaid maintenance Full Article…
Court lets Fortis off hook for Williamsburg Condo defects
Developer wins argument that shoddy workmanship is board’s problem now Since purchasing 37 condo units from bankruptcy nearly a decade ago, a Brooklyn developer has denied that it also acquired responsibility for fixing defects in the building. Now, a court has let the developer off the hook. A panel of Appellate Division judges found that Fortis Property Full Article…
Landlord Laws, Tenant Moratoriums; Where We Are Now
By Adam Leitman Bailey and Dov Treiman The Adam Leitman Bailey, P.C. landlord-tenant attorneys have been navigating the constant flow of changing laws and Executive Orders under COVID19 to serve tenants with notices and bring tenants to court, getting landlords their rents in spite of the eviction moratoriums. These moratoriums, in one form or another, Full Article…
Pay When Paid, Limits and Limitations
By Adam Leitman Bailey and Dov Treiman October 10, 2018 Adam Leitman Bailey and Dov Treiman discuss “Pay-if-Paid” clauses in construction contracts and write: “Like many jurisdictions across the United States, New York outlaws Pay-If-Paid clauses, but, in New York’s case, only indirectly.” Construction projects entail financial risk—risks for the owners of the property, risks Full Article…
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