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Adam Leitman Bailey Articles

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Seven Secrets to Drafting An Effective Commercial Lease Default Lease

  • Adam Leitman Bailey, Commercial Landlord Representation, Commercial Leasing Services, Commercial Tenant Representation, Condominium & Cooperative Board & Building Representation, Condominium & Cooperative Litigation, Condominium & Cooperative Owner & Shareholder Representation, Condominium & Cooperative Representation, Condominium/Board of Managers Representation of Newly Constructed Buildings & Conversions, John Desiderio

An effective commercial lease will dictate the future relationship between a commercial landlord and tenant. The more clauses forcing the commercial tenant to comply with its obligations, the better chance the landlord will have in not only have a successful relationship but also ensuring that the rent is paid and the tenant behaves. Below are  Full Article…

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Owners Should Never Gamble With Liquidated Damage Clauses

  • http://alblawfirm.com/articles/owners-should-never-gamble-with-liquidated-damage-clauses/ •
  • Commercial Landlord Representation, Commercial Leasing Services, Commercial Tenant Representation

By: Adam Bailey and Dov Treiman January 14, 2015 Real estate leases are, by their nature, bets the parties are placing on what the future may hold. Both landlord interests and tenant interests try to hedge their bets by inserting clauses to produce certain results in the event of an uncertain future. Chief amongst these  Full Article…

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Court Grants License To Change Licensing Law Rules

  • http://alblawfirm.com/articles/licensing-law-rules/ •
  • Adam Leitman Bailey, Commercial Landlord Representation, Commercial Leasing Services, Commercial Tenant Representation, John Desiderio, Landlord Representation, Real Estate Litigation

By: Adam Leitman Bailey & John M. Desiderio August 13th, 2014 Since at least as early as 1849, in the case of Dolittle v. Eddy,1 New York law has defined a license as the “authority to enter on the lands of another, and do a particular act or series of acts, without possessing any interest  Full Article…

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“Tenant Protection: Suggestions Offer Remedies for Harsh provisions,” New York Law Journal

  • Adam Leitman Bailey, Commercial Leasing Services, Commercial Tenant Representation

By Adam Leitman Bailey and John M. Desiderio During the last five years, the pendulum of commercial leasing has begun to swing. At common law, the doctrine of “caveat emptor” governed commercial leasing. By the 1970’s, New York courts, relying on equitable principles, began to carve out exceptions to caveat emptor. 1 Equity gained greater  Full Article…

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What You Must Know When Negotiating a Laundry Room Contract, New York Housing Journal

  • New York Housing Journal •
  • Adam Leitman Bailey, Commercial Tenant Representation, Purchase and Sale of Multi-Family Dwellings and Buildings

By Adam Leitman Bailey and Dov Treiman April 1st, 2009 It’s amazing how good building owners and managers are at increasing  and garnering revenue from residential tenants while at the same time leaving  themselves to the will and whim of laundry room operators who impose contracts  lasting for decades with automatic renewals, rights of first  Full Article…

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Adam Leitman Bailey, P.C. Prevails; Allows a Donut Store Owner to Continue Making Donuts Despite Being Locked Out by Landlord

  • https://alblawfirm.com/case-studies/donut-store/ •
  • Commercial Tenant Representation, Condominium & Cooperative Representation, Tenant Representation

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…

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Adam Leitman Bailey, P.C. Rescues Major Publicly Traded Company From Eviction

  • Commercial Landlord Representation, Commercial Tenant Representation, Condominium & Cooperative Representation, Landlord Representation, Real Estate Litigation

A major publicly traded company holding numerous New York properties came to ALBPC with a dilemma.  Its landlord at a building in a major up and coming neighborhood alleged that the company had been neglecting the rental property for decades.  As a result, the landlord was declaring forfeiture of the right to rent the property  Full Article…

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No Help for Jilted Sellers as Court Sticks With Precedent

  • Adam Leitman Bailey, Commercial Landlord Representation, Commercial Tenant Representation, Condominium & Cooperative Owner & Shareholder Representation, Condominium & Cooperative Representation, Purchase & Sale of Homes

n White v. Farrell,1 the New York Court of Appeals ruled that the measure of damages for a buyer’s breach of a contract to sell real property, where the contract does not contain a liquidated damages clause as the seller’s exclusive remedy,2 is the difference between the contract price and the fair market value of the property on  Full Article…

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RECENT POSTS

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  • Adam Leitman Bailey, P.C. Secures Substantial Early Termination Payment for Tenant of Foreclosed Building in Receivership
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