Adam Leitman Bailey, P.C. was retained by a lender in connection with the foreclosure of a business purpose loan on a residential premises in Suffolk County. Once the firm moved for summary judgment, the defendants argued that the affidavit of a Vice President from the loan servicer and attorney-in-fact to the plaintiff was insufficient to Full Article…
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Adam Leitman Bailey, P.C. Quickly Secures Victory for Lender Facing Adverse Possession Claim
Adam Leitman Bailey, P.C. was recently retained by a title company to represent a Lender’s interest in an adverse possession action in Queens. The Lender had commenced an action to foreclose a mortgage against the subject property which resulted in an auction taking place. However, before the closing of the sale could take place, a Full Article…
Adam Leitman Bailey, P.C. Successfully Defeats Motion for Contempt Brought by Condominium Board of Managers Against Aggrieved Unit Owner
In a highly contentious dispute between the board of managers of a condominium (the “Board) and Adam Leitman Bailey, P.C.’s client, an owner of a unit in the condominium, Adam Leitman Bailey, P.C. was faced with the tall task of defending against the Board’s concerted effort to seek contempt against the client. In 2022, Adam Leitman Full Article…
Adam Leitman Bailey Awarded Access and License Agreement 881 Case in Difficult Litigation Plagued with Repairs and Damages to Building
“I don’t think she is the right fit for this case and our Board. She is too aggressive, and it simply is not going to work for us. We want a different attorney at your firm assigned to the case,” the client advised Adam Leitman Bailey. “I am going to ask you to reconsider,” Mr. Full Article…
Real Estate Company Coup–The Ousted President Hired Adam Leitman Bailey to Restore Order and Regain His Managing Member Powers and Fight Off Investors Successfully
In early August 2023, Adam Leitman Bailey picked up a phone call from a prospective new client, the managing member of a real estate investment and development company. The potential client’s tale was most dire: “I have been kicked out of the company I started. They shut off my email. A letter has been sent out that Full Article…
Adam Leitman Bailey, P.C. Negotiates Surrender of Above Market Lease, Saving the Client Millions
The owner of an artistic production company contacted Adam Leitman Bailey, P.C. because its landlord was performing Local Law 11 work in his downtown building, which included the replacement of a parapet directly outside the client’s sound stages and using the terrace between the parapet and his office as a staging area for the façade Full Article…
Local Law 107: Landlords On The Hook For Unlicensed Smoke Shops
Local Law 107 was recently enacted to prohibit owners of commercial spaces from knowingly leasing to unlicensed sellers of marijuana or tobacco products, and imposing fines of up to $10,000 on landlords for violations. This new legislation is in response to the explosion of unlicensed smoke shops in NYC – currently there are an estimated Full Article…
Adam Leitman Bailey, P.C. Received a Rare Injunction in the State Supreme Court Stopping the Foreclosure Auction of Units and Forcing the Sponsor to Abide by the Settlement Agreement Disowned When Defaulting on Mortgage Ensuring Millions, Resident’s Unit, and Parking Spaces go to Condominium
In 2018, Adam Leitman Bailey, P.C. was retained by a group of unit owners at a new construction condominium in Williamsburg, Brooklyn. The new building was advertised as a luxury condominium, and encompassed an entire block, with over 200 units consisting of one to three-bedroom units, duplexes, lofts, penthouses, and townhomes. On paper, the building Full Article…
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