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Archive | About Mitchell-Lama/ Housing Development Fund Corporation (HDFC) & Third Party Transfer Representation RSS feed for this section

Q & A: An Inheritance, With Restrictions

  • About Mitchell-Lama/ Housing Development Fund Corporation (HDFC) & Third Party Transfer Representation, Adam Leitman Bailey, Condominium & Cooperative Board & Building Representation, Condominium & Cooperative Litigation, Condominium & Cooperative Owner & Shareholder Representation, Condominium & Cooperative Representation, Q & A

Q. My mother inherited a co-op in Manhattan, but the co-op board will not give its approval for the shares to be transferred into her name. Can a co-op board do this? A.  A co-op board may not prevent the estate of a deceased shareholder from being transferred to a beneficiary, according to Adam Leitman Bailey, P.C., a  Full Article…

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Adam Leitman Bailey, P.C., Uses Social Media to Prove that Tenant Was Not Using Apartment as Primary Residence

  • About Mitchell-Lama/ Housing Development Fund Corporation (HDFC) & Third Party Transfer Representation, Landlord Representation

  Entitlement to a governmentally regulated apartment is strictly governed by statute and a tenant of such an apartment is required to utilize it as his or her primary residence in order to continue to receive the benefit. Recently, Adam Leitman Bailey, P.C., was called upon to investigate and demonstrate that a granddaughter—who had previously  Full Article…

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A Smoking Ban in All Related Companies Rentals

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

By C. J. HUGHES In a move that may enrage those who enjoy a cigarette on their couch after work, but delight air-freshener-wielding neighbors, a major landlord has banned smoking in all of its apartments across the country. As of this month, the Related Companies has decided that tenants can no longer light up in  Full Article…

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Breaking Bad: Dealing with Rule Breakers

  • About Mitchell-Lama/ Housing Development Fund Corporation (HDFC) & Third Party Transfer Representation, Adam Leitman Bailey, Condominium & Cooperative Board & Building Representation, Condominium & Cooperative Litigation, Condominium & Cooperative Owner & Shareholder Representation, Condominium/Board of Managers Representation of Newly Constructed Buildings & Conversions, Real Estate Administrative Proceedings/Environmental Control Board

By Adam Leitman Bailey, Leonard Ritz and Dov Treiman Jan. 15, 2013 — In the aftermath of superstorm Sandy, many condo and co-op board members have been facing unprecedented challenges, with little experience to guide them. In the first of two installments today, three leading attorneys answer eight questions at the top of every affected board  Full Article…

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Post-Sandy: Three Attorneys’ Plain-English Guide for Co-op & Condo Boards

  • About Mitchell-Lama/ Housing Development Fund Corporation (HDFC) & Third Party Transfer Representation, Adam Leitman Bailey, 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, Q & A, Real Estate Administrative Proceedings/Environmental Control Board

By Adam Leitman Bailey, Leonard Ritz and Dov Treiman Jan. 15, 2013 — In the aftermath of superstorm Sandy, many condo and co-op board members have been facing unprecedented challenges, with little experience to guide them. In the first of two installments today, three leading attorneys answer eight questions at the top of every affected board  Full Article…

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Select Issues in Representing HPD Supervised Mitchell-Lama Cooperatives, New York Real Property Law Journal

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

By Adam Leitman Bailey New York City Mitchell-Lama cooperatives provide heavily publicly subsidized maintenance payments to those lucky enough to call them home. The New York City Mitchell-Lama program provides 54,000 homes to persons whose financial circumstances would otherwise negate such a possibility. As a result, Mitchell-Lama cooperatives are extremely popular and have decade long  Full Article…

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Lawyers: You CAN Recover Cash When Condo Sponsors Underfund Reserves

  • About Mitchell-Lama/ Housing Development Fund Corporation (HDFC) & Third Party Transfer Representation, Condominium & Cooperative Representation, Condominium/Board of Managers Representation of Newly Constructed Buildings & Conversions

Rainy Day Money – Condo Style Reserve Fund Obligations  By: Adam Lietman Bailey July 1st, 2011 Do you live in a condominium conversion? Are your reserves underfunded? As a condo board you may be able to recover millions of dollars from your sponsor. Sponsors of condo conversions really have only one material obligation: to provide  Full Article…

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Despite Absence, Son Earns Succession Rights Succession Rights

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

By Daniel J. Curtin, Jr., Esq. Despite Absence, Son Earns Succession Rights Succession Rights H.P.D Frances Lippa, A.H.O. When the tenant of the Mitchell-Lama apartment in question died on August 6, 2003, the deceased tenant’s son sought succession rights to the apartment and had to prove that the apartment in question was his primary residence  Full Article…

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