Entitlement to a governmentally regulated apartment is strictly governed by statute and a tenant of such an apartment is required to utilize it as his or her primary residence in order to continue to receive the benefit. Recently, Adam Leitman Bailey, P.C., was called upon to investigate and demonstrate that a granddaughter—who had previously Full Article…
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Adam Leitman Bailey, P.C. Assists Major Corporation to Settle Substantial ECB Violation Fine Arrears
Adam Leitman Bailey, P.C. has assisted a major national corporation, with operations and locations throughout New York City, to settle a multi-million dollar backlog of fines and violations issued by the New York City Environmental Control Board (ECB) for violations of the regulations of eight separate City departments. The settlements encompassed over 5,000 individual violations Full Article…
Landlord Prevails in NYC Court’s First Sandy-Related Commercial Lease Decision
A New York City judge ruled Monday that the owner of 100 Maiden Lane is not liable for its tenant’s loss of electricity following Hurricane Sandy, in what is believed to be the city’s first decision on a commercial lease case related to storm losses.
Reducing Refinancing Expenses
By LISA PREVOST New York homeowners looking to refinance an existing mortgage don’t have to pay the state’s mortgage recording tax all over again. Yet they may end up doing so if their lenders don’t cooperate. The state charges a recording tax on new mortgage debt. The rate varies by county, with the minimum being Full Article…
A Smoking Ban in All Related Companies Rentals
By C. J. HUGHES In a move that may enrage those who enjoy a cigarette on their couch after work, but delight air-freshener-wielding neighbors, a major landlord has banned smoking in all of its apartments across the country. As of this month, the Related Companies has decided that tenants can no longer light up in Full Article…
Q&A: Juggling Two Leases
By JAY ROMANO Q. Is it possible to have two rental leases at the same time? Can I have a rental lease on the place I plan to move to while still having the lease on my current residence? A. The law does not limit the number of leases a person can have at the same time, said Full Article…
Q & A: Rent-Stabilized Corporate Tenants
Q. Is it legal for a corporation to be a rent-stabilized tenant? A. Yes, “a corporation can rent a rent-stabilized apartment,” said Adam Leitman Bailey, a Manhattan real estate lawyer. “But the terms of the rental will determine whether or not the apartment is entitled to the automatic renewals that are normal under rent stabilization.” If the lease names Full Article…
Appeals Court OKs Lifting Seal on Turtle Bay Crane Collapse Wrongful Death Settlements
Adam Leitman Bailey, P.C. wins a landmark case on whether court settlements can be sealed. Defendants in this deadly crane collapse had settled with Labor Law death plaintiffs from the available pool of insurance. They refused to disclose settlement amounts based on a prior Order that settlements would remain confidential until all Labor Law death Full Article…
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