Second Circuit Affirms Ruling Where Foreclosure Is Limited to Bidders to Governmental Entities, Local housing fund development corporations (HFDCs) and Lien holders. The U.S Court of Appeals for the Second Circuit upheld the right of a municipal/private development partnership to acquire a low-income apartment complex from the U.S. Department of Housing and Urban Development (HUD) Full Article…
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Using the Judicial System to Abate the Foreclosure Crisis
By Adam Leitman Bailey And Rachel Sigmund March 1st, 2013 Adam Leitman Bailey is the principal of Adam Leitman Bailey, P.C. in New York, New York. Rachel Sigmund is a third-year law student at the Rutgers University School of Law–Newark. Many stagnant foreclosures in the United States have been stuck in the judicial process for Full Article…
Getting a Brokerage Commission Paid
By: Adam Leitman Bailey & Jeffrey R. Metz February 20th, 2013 Brokers who deal with commercial properties are increasingly being denied their duly earned commissions. Given the multi-million transactions that are often involved in the world of commercial real estate in New York City, these commissions can be considerable and worth fighting over. Many of Full Article…
Advising Boards on Handling Secondhand Smoke Issues
By: Adam Leitman Bailey & John M. Desiderio January 30th, 2013 Some of the most intense combat occurring in modern times may not be that which has taken place on the battlefield, but rather in the ongoing conflicts that occur between shareholders, owners, and renters of apartments in multiple dwelling buildings, between themselves and/or with Full Article…
Adam Leitman Bailey, P.C. Prevails; Allows a Donut Store Owner to Continue Making Donuts Despite Being Locked Out by Landlord
When a donut shop owner sought Adam Leitman Bailey P.C.’s help after his landlord locked the shop out of its basement storage space, the attorneys at Adam Leitman Bailey, P.C. commenced litigation and prevailed over the landlord in less than 48 hours after the initial consultation. An agent of a commercial tenant operating a popular Full Article…
Adam Leitman Bailey, P.C., Successfully Defends Against Niece’s Succession Claim to Regulated Apartment
When an occupant of a governmentally regulated apartment claims succession rights to the apartment, but does not fall into one of the statutorily defined “familial relationships” with the tenant of record, in addition to proving a minimum of two-year’s co-residency, the occupant is required to prove an emotional and financial commitment and interdependence with the Full Article…
Q&A: Landmark View Is Disappearing
By JAY ROMANO February 15th, 2013 Q. My wife and I signed a two-year lease in a condo building in Brooklyn with a great view of a New York landmark. We were wary of some empty lots between the building and the landmark, but were told it would be years before anything started. One week after Full Article…
Mystery Solved: The Eviction of a Restaurant Without Anonymous Owner
A restaurant and bar had not paid rent for over 6 months. A previous eviction attempt had been defeated in court by a tenant who had nothing to defend with other than a host of technical flaws in an earlier case. It was thus apparent that absolutely every detail down to the last comma was Full Article…