Under New York law, if a landlord obtains J-51 tax benefits from New York City, the landlord must treat its tenants as rent stabilized. In this case, the owner failed to do so and for years treated our client as deregulated and charged rents exceeding that allowable under rent stabilization. Our client commenced a rent Full Article…
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Adam Leitman Bailey, P.C. Defeats the Department of Homeless Services, Project Renewal and Prevents a Homeless Shelter From Moving In
All over New York City, the Department of Homeless Services has been placing homeless shelters, particularly in the City’s most affluent neighborhoods. Front page articles went on for months discussing these homeless shelters, the prostitution and drug use and trafficking that come along with such shelters, as well as the incompetency of the services provided to Full Article…
Adam Leitman Bailey, P.C. Helps Landlords and Sellers Navigate the Pandemic Against Defaulting Renters and Purchasers
COVID-19 has disrupted the ordinary course of dealing in both the residential leasing and sales sectors, with renters and buyers using COVID-related excuses and delays in attempts to avoid paying rent and close on sales in a fluctuating market. However, using a distinct combination of deep institutional knowledge about the Real Estate market, aggressive litigation Full Article…
Adam Leitman Bailey, P.C. Successfully Negotiates Almost Complete Relief for a Landlord Seeking Arrears From Rent-Stabilized Tenant
COVID-19 has disrupted the ordinary course of dealings in both the residential leasing and sales sectors, with renters and buyers using COVID-related excuses and delays in attempt to avoid paying rent and close on sales in a fluctuating market. However, using a distinct combination of deep institutional knowledge about the Real Estate market, aggressive litigation Full Article…
Adam Leitman Bailey, P.C. Ensures Tenant’s Compliance and Achieves Ideal Outcome for Landlord Client; Tenant Pays Landlord’s Legal Fees in Full
The landlord of a large commercial space in the East Village consisting of a store front that spans half a city block and two basement spaces retained Adam Leitman Bailey, P.C. after his tenant refused to pay rent. The tenant, a large food market and essential business, did not have to shut down by the Full Article…
Adam Leitman Bailey, P.C. Finds COVID-19 Relief for Landlords Trying to Court New Tenants
One of the problems facing landlords throughout NYC is the rapidly rising vacancy rate because of COVID-19. In spite of the rent stabilization laws, landlords are now competing with each other to offer their tenants better and better deals just to keep them or to entice them to rent an apartment. With the amendments to Full Article…
Adam Leitman Bailey, P.C. Accelerates the Issuance of a Certificate of No Harassment During COVID-19
Since Certificate of No Harassment Unit of the Housing Preservation and Development of the City of New York was inundated with hundreds of thousands owners’ applications for Certificates of No Harassment pre – pandemic that one can only imagine what the grinding halt of the COVID-19 lockdown meant for owners waiting for a determination on Full Article…
Adam Leitman Bailey, P.C. Leads and Guides Owner on How to Legally Secure Possession of a Commercial Space During COVID-19
The COVID-19 pandemic gave rise to a plethora of executive orders and judicial memoranda that prohibit owners from enforcing their contractual rights against commercial tenants in default of their lease. Many New York City owners, in the exercise of good business sense and compassion, worked out deals with tenants during these harsh economic times. However, an owner’s Full Article…
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