Adam Leitman Bailey – June 30, 2020 Though almost universally deemed as “unprecedented,” the operational difficulties posed by COVID-19 are not entirely unknown to history. The owners, managers and boards of New York City’s multifamily buildings faced similar challenges a hundred years ago, when the so-called Spanish Flu of 1918 swept the globe. Now, as then, the Full Article…
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Residential Building Laws of the COVID-19 Pandemic
Adam Leitman Bailey and John Desiderio look at the short and long-term legal implications and issues affecting residential living during COVID-19 pandemic. By Adam Leitman Bailey and John M. Desiderio | June 09, 2020 The COVID-19 pandemic has confronted building owners, managers and boards of New York City rental, condominium, and cooperative-owned buildings with operational challenges that few, Full Article…
Adverse Possession and Tenancies in Common
Adam Leitman Bailey and John M. Desiderio*, Adam Leitman Bailey, P.C., New York, NY The law of adverse possession is deeply rooted in the common law and its elements are generally well-known to practitioners. However, adverse possession rules, as applied to tenancies in common, are less often encountered by practitioners, and the statutory language itself Full Article…
City Council’s Relief for COVID Afflicted Guarantors
On May 27, 2020, the New York City Council enacted Int. 1932/2020 into law, an ordinance that is “in relation to personal liability provisions of leases for commercial tenants impacted by COVID-19.” As to rent and other financial obligations that arose from March 7, 2020 through September 30, 2020 (“the Covid period”), landlords may never Full Article…
The Mystery Behind Real Estate’s Most Successful Law Firm, Adam Leitman Bailey
By Analina Smeraldi July 7, 2020 I first became intrigued with Adam Leitman Bailey while reading the 250th issue of The Real Deal. In it, the publisher and editor discussed a series of cases where Bailey used an “ingenious” legal weapon that caused Congress to intervene and change the law. They further noted that The Real Deal’s largest advertisers Full Article…
City Council’s relief for COVID afflicted guarantors
On May 27, 2020, the New York City Council enacted Int. 1932/2020 into law, an ordinance that is “in relation to personal liability provisions of leases for commercial tenants impacted by COVID-19.” As to rent and other financial obligations that arose from March 7, 2020 through September 30, 2020 (“the Covid period”), landlords may never Full Article…
Adam Leitman Bailey Co-Edits and Releases Real Estate Titles: The Practice of Law in New York (Real Estate Titles, 4th edition)
The first completely updated edition of James Pedowitz’s legendary book including entirely new material with 34 chapters written by 30 of the most prominent real estate attorneys of our lifetime. Adam Leitman Bailey had the great honor of co-editing with First American’s Michael Berey. Editor(s): Adam Leitman Bailey, Esq.; Michael Berey, Esq.; Real Estate Titles: Full Article…
COVID-19 Relief Legislation Tests Constitutional Limits
Local government in New York City has adopted recent legislation adversely impacting commercial landlords by abolishing personal guarantees that were used at lease inception, to induce those landlords to enter into those leases. Based upon longstanding legal precedent, this legislation could be found to be facially invalid on constitutional grounds. May 26, 2020 at 11:30 Full Article…
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