A great lawyer knows when not to litigate. Oftentimes a commercial tenant in a failing building is left with little choice but to either suffer through reduced services or litigate for damages when things further deteriorate. However, with the right counsel, such a seemingly desperate situation can turn into a profitable opportunity, as one of Full Article…
Viewing 1 to 6 of 6 items
Old and New Loft Law Rules: What You Need to Know
January 20, 2016 By Adam Leitman Bailey and Dov Treiman Q: What is a loft? A: The word “loft” has no legal meaning. The word “loft” is used in several laws and in the naming of The New York City Loft Board which was set up for the purpose of taking illegal residential tenancies in Full Article…
Understanding Single-Room Occupancy Laws
February 10, 2016 Single-room occupancy housing, or more commonly called SROs, exist throughout New York City. When purchasing such a dwelling without the proper paperwork, you will not be able to obtain a permit to do renovations, a buyer cannot evict the residents who are rent-regulated tenants, and the owner may be required to maintain Full Article…
Understanding Single-Room Occupancy Laws
February 3, 2016 Single-room occupancy housing, or more commonly called SROs, exist throughout New York City. When purchasing such a dwelling without the proper paperwork, you will not be able to obtain a permit to do renovations, a buyer cannot evict the residents who are rent-regulated tenants, and the owner may be required to maintain Full Article…
Important Questions and Answers on the New and Old Rules of the Loft Law
Fall 2015 By Adam Leitman Bailey and Dov Treiman Q1. What is a loft? A1. The word “loft” has no legal meaning. The word “loft” is used in several laws and in the naming of The New York City Loft Board which was set up for the purpose of taking illegal residential tenancies in buildings Full Article…
“Q & A: Buying Out a Stabilized Tenant”, The New York Times
By Adam Leitman Bailey September 29th, 2011 Q. I am considering buying a rent-stabilized apartment from the sponsor of a converted building. The current tenant said she was willing to vacate the unit provided I bought her out. Is there any mechanism to make sure the tenant will vacate the unit after closing once I Full Article…
Twitter