This article covers developments regarding important questions New York courts have been asked to address, respecting three significant legal issues, affecting the rights and obligations of builder-vendors vis à vis purchaser-vendees of “new home” condominium and co-op residential construction. In this article, the authors, whose first jointly written article on new home construction was published Full Article…
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What Happens When a Party Wall Spoils the Party?
Many reasons occasioned by the Housing Stability and Tenant Prevention Act disincentivized property owners from improving existing buildings because either (a) they could not greatly increase rents after a rent-regulated tenant vacated a unit, or (b) they could not obtain approved rent increases by improving the major components of a building. The only way to Full Article…
How Adam Leitman Bailey, P.C. Secured a Million-Dollar Award in a Major Case on Attorneys’ Fees
In July of 2023, Adam Leitman Bailey, P.C. represented a prominent multinational conglomerate in New York City in its motion for partial summary judgment against Defendants De Boulevard LLC, RJ Capital Holdings, LLC, and KSK Construction Group, LLC. We were awarded reasonable pre- and post-litigation attorneys’ fees and costs based on the parties’ license agreement. Full Article…
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