In one of the first tests of the 2019 Rent Law’s provisions restricting security deposits and prepaid rent, Adam Leitman Bailey P.C. won for an extreme upscale cooperative in Manhattan, the right to keep the multimillion-dollar, multiyear prepaid maintenance they had negotiated from a foreign national with an unsavory international reputation. Arguing that the prepaid maintenance 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…
Bet The Skyscraper Negotiation
Between Covid-19 and the government’s shut down of the City of New York and its real estate, the disaster that hit New York had never been replicated before. For the skyscraper that is the subject of this case study, almost 50 percent of the commercial tenants stopped paying rent or completely moved out of the Full Article…
On Appeal, Adam Leitman Bailey, P.C. Gets Lower Court Order Vacated In The Interest of Justice
Adam Leitman Bailey, P.C. was retained by a lender to revive a foreclosure action that was dismissed after a traverse hearing based upon failure to serve the defendant. Prior to ALBPC being retained in the action, prior counsel filed a motion for an Order of Reference which Defendant opposed by cross-motion arguing that he was Full Article…
Adam Leitman Bailey, P.C. Obtains Possession of a Luxury Home and Use and Occupancy 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. Obtain Residential Eviction During COVID and Permission to Use Self-Help
The team at Adam Leitman Bailey, P.C. (ALBPC) continues to find creative ways to assist landlord clients in the wake of the nonfunctional New York Housing Courts. In a recent case, a landlord-client learned that his tenant, in violation of the lease and New York law, had been illegally subletting his apartment through Airbnb to Full Article…
How to evict commercial tenants in 2021 despite the moratorium
By Adam Leitman Bailey and John M. Desiderio This article addresses and updates the law 15 years later on the self-help remedy that enables commercial landlords to regain possession of leased premises from tenants in material breach of one or more lease covenants. As demonstrated below, courts continue to enforce its proper use, as it Full Article…
Adam Leitman Bailey: Building a New Kind of Real Estate Law Firm
Attorney at Law Magazine sat down with New York real estate attorney Adam Leitman Bailey, the founder and managing partner of Adam Leitman Bailey, P.C. to discuss his career. AALM: What drew you to a career in the law? ALB: Since I was a child, I have fought against injustice on my own behalf and on behalf Full Article…
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