Although a lender may successfully obtain a Judgment of Foreclosure and Sale in a foreclosure proceeding, oftentimes a lender must additionally defend its rights in a Borrower’s subsequent Bankruptcy proceeding where the Borrower is hoping to avoid the foreclosure auction. In a recent case, Adam Leitman Bailey, P.C. (ALBPC) was retained to step in as Full Article…
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Adam Leitman Bailey Defeats Neighbor’s Attempt for Restraining Order Halting Construction in the Name of Adverse Possession
Adam Leitman Bailey, P.C. recently defeated an emergency motion for a temporary restraining order by a neighbor seeking to permanently enjoin Adam Leitman Bailey, P.C.’s client, a Westchester developer, from any construction on a new subdivision adjoining the neighbor’s property. The proposed action, brought by Order to Show Cause, in an attempt to blackmail the Full Article…
Adam Leitman Bailey P.C. Appellate Victory: Successor Sponsors No Longer Responsible for Repairing Building
Adam Leitman Bailey P.C. successfully defends purchasers of units in a condominium following the original sponsor’s bankruptcy against claims of individual units owners for breach of contract The original sponsor of a condominium conversion declared bankruptcy after it was sued by individual unit owners for design and construction defects. In the bankruptcy proceeding, the firm’s Full Article…
Unprecedented Negotiation of License Agreement with Large Developer Improves, Structurally Stability, and Increases Value and Longevity, of Adjacent Building
A prominent real estate holding company needed to negotiate an extraordinarily complicated license agreement for protections relating to a prominent university’s massive construction project adjacent to the building. The university’s project included demolition work, support of excavation work, foundation work, and the construction of a new building. In particular, the real estate holding company was Full Article…
Not Deterred by the COVID-19 Summary Proceeding Standstill, Adam Leitman Bailey, P.C. Obtains Possession of a Luxury Home and Rent in a Post-Foreclosure Supreme Court Ejectment Action
The foreclosure buyer of a luxury home in Westchester County recently turned to Adam Leitman Bailey, P.C. for help. The closing took place in December of 2019. The owner sent eviction notices to the occupants; the notices long expired. Due to COVID-19, the owner could not effectively commence or prosecute a summary eviction proceeding. The Full Article…
Adam Leitman Bailey, P.C. Saves and Secures Life-Saving Facility While Stopping Work on Development Project
In New York City, some buildings are sacrosanct. They may not be good looking or special from the outside but what they do on the inside helps save lives. When Adam Leitman Bailey attorneys received the emergency call and ran to this building, upon arriving we were shuffled into an office and briefed on the Full Article…
Eviction During A Pandemic When Evictions Are Prohibited
When Adam Leitman Bailey, P.C.’s client came for help, it was faced with a tenant who had illegally AirBnB’d his apartment to someone believed to be dealing drugs from the apartment with no intent ever to leave. The tenant of record having returned home to Spain, there was no pressure to apply to him and Full Article…
Adam Leitman Bailey, P.C. Obtains Complete Agreement Between Landlord, Commercial Tenant, and Landlord Shareholders to Resolve Dispute Over Lease Renewal and Negotiation of a New Rent Schedule
In 2017, Adam Leitman Bailey, P.C. was approached by the President of a Landlord close corporation, whose shareholders (including the president) are all cousins, to assist in negotiating a new lease with the present Tenant of an 18 story building in mid-Manhattan, whose management had missed the deadline for exercising the Tenant’s right to renew Full Article…