Multiple clients have recently inquired about FHA Loans. FHA loans are mortgages insured by the Federal Housing Administration of our government, and may be used to finance a primary residence. Homebuyers, especially first time, may explore this type of mortgage when they do not qualify for a conventional mortgage. FHA loans can be helpful in Full Article…
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Adam Leitman Bailey, P.C. Massively Reduces Alteration Fee Penalties Totaling Over 1 Million Dollars for Central Park West Apartments
Adam Leitman Bailey, P.C.’s client, a co-op owner of two adjoining luxury apartments facing Central Park West, undertook a major renovation nearly four years ago, and is only now being completed. The alteration rules of this co-op are very stringent, and in particular the Alteration Agreement imposed very stiff fines for late completion. Furthermore, the longer the completion delay, the faster pace Full Article…
Adam Leitman Bailey, P.C. Affirms an Unusual Ruling Issued by The Supreme Court
In a matter where taking too aggressive a position can backfire, Adam Leitman Bailey, P.C. obtained an affirmance before the Appellate Division of an order of the trial court, which stayed the prosecution of a plenary action a landlord brought against its tenant, pending the resolution of the holdover proceeding the landlord had previously commenced. Full Article…
Adam Leitman Bailey, P.C. Wins Judgment of Possession and Writ of Assistance in Post-Foreclosure Supreme Court Ejectment Action
Adam Leitman Bailey, P.C. won an order and writ of assistance in the Queens County Supreme Court, directing the Sheriff to eject the home occupants after foreclosure, and to put our client into immediate and exclusive possession of the property. Representing the buyer of the private Queens home after the foreclosure sale, Adam Leitman Bailey, Full Article…
Adam Leitman Bailey, P.C. Successfully Establishes that Plaintiff Lacked Standing in A Prior Foreclosure Action in Order to Defeat Defendant’s Motion to Dismiss for Statute of Limitations in a Pending Foreclosure Action
In a highly contested foreclosure action, Adam Leitman Bailey, P.C. was retained to step in as counsel for the new purchaser of the note and mortgage being foreclosed. The record owner Defendant moved to dismiss the action arguing that the loan was time barred by the six-year statute of limitations due to a prior action Full Article…
Adam Leitman Bailey, P.C. Repeatedly Wins Access for Emergency Repairs
A major client of Adam Leitman Bailey, P.C. has had to endure damage to its building arising from the construction work of a large neighboring Manhattan institution. Adam Leitman Bailey, P.C. persuaded the institution to fund the repairs and the legal work entailed in keeping the client’s building safe. Adam Leitman Bailey, P.C. got the Full Article…
Adam Leitman Bailey P.C. Is Awarded Summary Judgment Dismissing Tenants’ Affirmative Defenses As Meritless and Ordering Immediate Access for Window Installation
Adam Leitman Bailey, P.C. was retained by the owner of a building in West Harlem comprised of approximately 1,193 Class A apartments on a single footprint spanning over five towers. Due to the fact that all of the residential windows were more than forty-five years old, beyond their useful life, and increasingly costly to repair and Full Article…
Adam Leitman Bailey, P.C. Obtains Possessory Judgment in Ejectment Action Based Upon Fraudulent Conspiracy
Adam Leitman Bailey, P.C. was able to obtain a possessory judgment against two defendants in an ejectment action involving a widespread fraudulent conspiracy with respect to the Low Income Housing Tax Credit Program (LIHTC) the Plaintiff Building was partaking in. The Building was developed and financed in order to comply with a Real Estate tax-exemption Full Article…
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