If a landlord peruses the New York real estate headlines today, she might come away thinking that it is absolutely impossible to obtain an eviction of a tenant in the aftermath of the outbreak of COVID-19 and the continuing moratorium on evictions throughout the state of New York. With record growth in job production, new Full Article…
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Adam Leitman Bailey, P.C. Wins Summary Judgment in Commercial Breach of Lease and Guaranty Action; Obtains $1.6M Judgment for Landlord
Representing a commercial landlord, Adam Leitman Bailey, P.C. successfully sued the tenant and guarantors for unpaid rent in Manhattan Supreme Court, winning a $1.6M monetary judgment, which included rent arrears accumulated before and during the COVID-19 pandemic. The tenant rented a prime location to operate a food market at a base rent of about $70,000.00 Full Article…
Developments in Loft Law Case Law and Legislation
Although the rights and laws of loft law owners are being debated in the halls of the legislature as we write, no field of law has seen a greater slowing in development than Loft Law landlord-tenant rights. However, that does not change the fact that there have been such developments, both legislatively and in the Full Article…
Adam Leitman Bailey, P.C. Successfully Negotiates Almost Complete Relief for a Landlord Seeking Arrears From Rent-Stabilized Tenant
COVID-19 has disrupted the ordinary course of dealings in both the residential leasing and sales sectors, with renters and buyers using COVID-related excuses and delays in attempt to avoid paying rent and close on sales in a fluctuating market. However, using a distinct combination of deep institutional knowledge about the Real Estate market, aggressive litigation Full Article…
Adam Leitman Bailey, P.C. Ensures Tenant’s Compliance and Achieves Ideal Outcome for Landlord Client; Tenant Pays Landlord’s Legal Fees in Full
The landlord of a large commercial space in the East Village consisting of a store front that spans half a city block and two basement spaces retained Adam Leitman Bailey, P.C. after his tenant refused to pay rent. The tenant, a large food market and essential business, did not have to shut down by the Full Article…
State Legislature Restores Rights of Private Cooperatives That Were Formally Prohibited Under the House Stability and Tenant Protection Act of 2019
On June 14, 2019, the Governor signed into law the most sweeping changes to landlord tenant laws of a generation. While tenant advocates saw this law as a major victory, landlords decried it as heavily destructive of the profitability of private land ownership. Particularly hard hit were landlords outside of New York City who had Full Article…
Adam Leitman Bailey, P.C., Defeats Tenant’s Overcharge and Rent Illegality Claims; Wins Partial Summary Judgment in Non-Payment Proceeding
Adam Leitman Bailey, P.C., in a residential non-payment proceeding in New York County Housing Court, won partial summary judgment on its prima facie case and obtained dismissal of the tenant’s defenses and counterclaims of overcharge and rent illegality. The tenant moved into the apartment in the mid-1980s and signed two successive commercial leases for use Full Article…
Adam Leitman Bailey, P.C. Halts Airbnb Abuses by Unit Owner
The Board of a Condominium engaged Adam Leitman Bailey, P.C. after one of its units owners repeatedly listed his apartment on Airbnb, and other transient use websites, for short-term rentals, in violation of New York law and the governing documents of the building. Specifically, § 27-2004.a.8(a) of the Housing Maintenance Code, expressly prohibits transient, short-term Full Article…
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