In the past five years, we have had an increasing number of owners of rent stabilized buildings in New York City come to us in desperate need of help after receiving a “final notice” from the Division of Housing of Community Renewal of the State of New York (“the Division”). The “final notice” says that Full Article…
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Buyouts, Evictions, Negotiations, and Detective Work Lead to the Ground Work to Build a Large Condominium
Adam Leitman Bailey P.C. spent almost a year and a half buying-out tenants and evicting tenants who had violated their lease agreement for a large rent-regulated building site in Brooklyn. These tenants’ violations included illegally subletting, not using their premises as their primary residences, or chronically paying their rent late. The property owner’s goal was Full Article…