According to the Office of Temporary and Disability Assistance, a landlord who accepts funds from New York State’s Emergency Rental Assistance Program (ERAP) is prohibited from evicting a tenant for not paying rent during the period covered or for an expired lease during the 12 months following the receipt of such payment. While many tenants Full Article…
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Adam Leitman Bailey P.C. Wins DHCR Proceeding Permitting Landlord to Decommission Rent Stabilized Tenant’s Fireplace
Representing a Manhattan landlord at the Division of Housing and Community Renewal (DHCR), Adam Leitman Bailey, P.C. obtained an order allowing the landlord to permanently decommission a residential rent-stabilized tenant’s fireplace in connection with the landlord’s construction of additional floors in the building. As a result of the landlord’s construction and the addition of several Full Article…
Adam Leitman Bailey, P.C. Springs Four Family Transaction to Finish Line
In early March 2022, two parties executed a contract of sale for a four-family property in Brooklyn. The property contained tenants with expiring leases, an expired access agreement, and a myriad of title clearance issues. After the expiration of the closing period, with no inclination that Purchasers would close, the Sellers realized that they needed Full Article…
Rules on Partitioning Ownership Property Rights
Whether a property owned by two or more tenants-in-common can be partitioned “in kind,” i.e., by physically dividing the real estate or other property interest, or by subjecting it to a judicial sale, or even whether the property may be subject to partition at all, are issues that courts must decide when the property’s majority and Full Article…
My Path To Law: Finding a Home in The Law
Adam Bailey: “In life, no challenge became too difficult for me to handle. No battle existed that I could not overcome.” Daily, I wonder from where my passion against and disdain for injustice derived. The ingredients? Something rising inside me that shoots through my entire body and makes my heart beat faster, combined with a Full Article…
“Adam Leitman Bailey, P.C. – The Firm. One Office. The City.”
Adam Leitman Bailey opened the doors to the firm bearing his name, starting from scratch, on January 3, 2000. Bartering a small law office in exchange for providing legal services for his landlord, Adam Leitman Bailey pledged to become the best law firm in New York (…) Born in Bayside, Queens (a neighborhood in the New Full Article…
Whether Co-op Boards Can Reject a Sale Because the Purchase Price Is ‘Too Low’
“Courts have mostly rejected anti-free market tactics of the board of directors but other cases have given boards discretion to allow such rejections.” Adam Leitman Bailey and John Desiderio discuss these cases and offer that “New York needs the Appellate Division to settle this quarrel.” Financially qualified cooperative buyer’s applications are being rejected by boards Full Article…
Adam Leitman Bailey, P.C. Facilitates Adoption of First Sale Capital Assessment for Mitchell-Lama Client
Adam Leitman Bailey, P.C. represents a number of Mitchell-Lama co-op developments throughout New York City. The Mitchell-Lama Program provides housing that is affordable to the middle class across New York State and is overseen by NYC’s Department of Housing Preservation and Development (HPD). An ongoing obstacle that many Mitchell-Lama co-ops face is keeping maintenance charges Full Article…