By Analina Smeraldi July 7, 2020 I first became intrigued with Adam Leitman Bailey while reading the 250th issue of The Real Deal. In it, the publisher and editor discussed a series of cases where Bailey used an “ingenious” legal weapon that caused Congress to intervene and change the law. They further noted that The Real Deal’s largest advertisers Full Article…
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City Council’s relief for COVID afflicted guarantors
On May 27, 2020, the New York City Council enacted Int. 1932/2020 into law, an ordinance that is “in relation to personal liability provisions of leases for commercial tenants impacted by COVID-19.” As to rent and other financial obligations that arose from March 7, 2020 through September 30, 2020 (“the Covid period”), landlords may never Full Article…
Adam Leitman Bailey Co-Edits and Releases Real Estate Titles: The Practice of Law in New York (Real Estate Titles, 4th edition)
The first completely updated edition of James Pedowitz’s legendary book including entirely new material with 34 chapters written by 30 of the most prominent real estate attorneys of our lifetime. Adam Leitman Bailey had the great honor of co-editing with First American’s Michael Berey. Editor(s): Adam Leitman Bailey, Esq.; Michael Berey, Esq.; Real Estate Titles: Full Article…
COVID-19 Relief Legislation Tests Constitutional Limits
Local government in New York City has adopted recent legislation adversely impacting commercial landlords by abolishing personal guarantees that were used at lease inception, to induce those landlords to enter into those leases. Based upon longstanding legal precedent, this legislation could be found to be facially invalid on constitutional grounds. May 26, 2020 at 11:30 Full Article…
5 Pointers For Landlords Facing Tenant Bankruptcies
By Adam Leitman Bailey, P.C. We are in the calm before the storm. With the state court system shut down for non-emergency matters, and evictions and foreclosures stayed, businesses have little reason to file for bankruptcy now, even though the Bankruptcy Courts are open and working remotely. However, once the COVID-19 emergency measures ease, and Full Article…
The Pandemic, Personal Privacy & the Law
By Adam Leitman Bailey and John M. Desiderio May 14, 2020 Editor’s note: This article is Part 2 of a two-part series from the authors examining some of the many legal questions and considerations raised by the global pandemic for co-op, condo, and HOA boards, as well as landlords and building owners. Click here to Full Article…
Residential Building Laws & the COVID-19 Pandemic
Past Precedents Can Inform Today’s Boards By Adam Leitman Bailey and John Desiderio May, 7 2020 Editor’s note: This article is Part 1 of a two-part series from the authors examining some of the many legal questions and considerations raised by the global pandemic for co-op, condo, and HOA boards, as well as landlords and Full Article…
Governor Extends Certain Condominium Offering Plan Deadlines
By Adam Leitman Bailey, P.C. On April 16, 2020, Governor Cuomo issued Executive Order 202.18 (EO 202.18), which among other things, extended several deadlines applicable to condominium and cooperative offering plans. EO 202.18 tolls several deadlines that could prevent condo/co-op sponsors from completing and selling condo/co-op projects, though it does not significantly change most ongoing Full Article…
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