Adam Leitman Bailey, P.C. was retained by a Lender to take over a disastrous 7-year-old foreclosure action that was already plagued with an order tolling interest to the detriment of the Lender for prior delays in the action. Defendants moved to dismiss the action pursuant to CPLR § 3215(c) for the Lender failing to take Full Article…
Viewing 121 to 128 of 174 items
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. Obtains Restraining Order to Lock Out Violent Illegal Short-Term Rental Operators with New York Police Department Assistance
Adam Leitman Bailey, P.C. secured an emergency temporary restraining order for its landlord client before Christmas, obtaining permission from a Supreme Court Judge to change the locks and seal the doors to three apartments with New York Police Department (NYPD) assistance to keep out violent illegal short-term rental operators. First, Adam Leitman Bailey, P.C. secured a Full Article…
Adam Leitman Bailey, P.C. Helps Seller Retain Purchaser’s Deposit in Contentious Litigation
Adam Leitman Bailey, P.C. represented owners of a Manhattan cooperative apartment who contracted in June 2021 to sell the apartment to sophisticated buyers, securing a standard 10% deposit on signing. The purchase contract contained standard terms, including an unconditional approval from the sellers’ co-op board. The apartment in question had previously been outfitted with central A/C and Full Article…
Adam Leitman Bailey, P.C. Remains Vigilant and Prepared as Omicron Sweeps Through State
As the Omicron variant sweeps its way through New York City, the banking department at Adam Leitman Bailey, P.C. is working safely and diligently to ensure all files are closed on time and in accordance with all CDC guidelines. Our staff continues to maintain the required social distancing, disinfecting regularly, always wearing masks during the 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…
Overcoming Obstacles with the General Power of Attorney
Closing by Power of Attorney has always been a common practice in real estate transactions, especially now during the pandemic. Parties who are unable to attend the closing personally could delegate such power to an agent to execute documents on their behalf at the closing table. While it may be a seemingly straightforward delegation, New 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…
Twitter