Mr. Leitman Bailey specializes in real estate law with the eponymous Adam Leitman Bailey. P.C. March 27, 2020 Adam Leitman Bailey has been included in Marquis Who’s Who. As in all Marquis Who’s Who biographical volumes, individuals profiled are selected on the basis of current reference value. Factors such as position, noteworthy accomplishments, visibility, and Full Article…
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Superstar Lawyer Adam Leitman Bailey Speaks About 20-Year Anniversary
Adam Leitman Bailey has dedicated his career to reshaping New York City’s real estate law sector for the better. Bailey and his eponymous law firm are associated with some of the most influential legal cases of the new millennium; Bailey upheld religious freedom and the right to free speech in the Grand Zero Mosque case Full Article…
The Market Value Rider Mystery – Solved!
By Rosemary Liuzzo Mohamed and Carly Clinton When purchasing real property, an attorney will almost always advise a purchaser to buy title insurance. Although it is not legally required, title insurance serves to protect the purchaser from a defect in title post closing. A defect in title arises when someone that was given prior ownership Full Article…
The Costs Associated With Buying and Selling a Home in New York
By Rosemary Liuzzo Mohamed and Carly Clinton In America, owning a home is one of the most significant achievements and investments one will make in adulthood. Most home buyers focus their attention on the purchase price and the interest rate on their mortgage, but what many do not consider are the various other costs associated Full Article…
NYC Nonpayment Proceedings Post-HSTPA: From ‘Good Cause’ to ‘Extreme Hardship’
This article reviews the “good cause” standard under RPAPL §749(3) and examines the possible role in nonpayment proceedings of the newly minted RPAPL §753, as we enter the coming era of landlord-tenant litigation. March 04, 2020 The passage of the Housing Stability and Tenant Protection Act of 2019 (HSTPA) on June 14, 2019, fundamentally altered Full Article…
Preparing Practitioners for the Next Disasters
By Adam Leitman Bailey, Dov Treiman and John Desiderio This article gives practical advice to lawyers to help their business clients and building owner clients best prepare for the effects of catastrophic disasters, natural and man-made. Introduction In the United States of America, the number of natural disasters has gradually increased. Most of the costliest Full Article…
Demolition: One of the last ways to deregulate a building
By Adam Leitman Bailey and Dov Treiman February 27, 2020 With the passage in June, 2019 of the HSTPA, owners are desperately seeking ways out of rent regulation in an attempt to recapture the profitability their buildings previously had. Two such exit strategies are “substantial rehabilitation,” available only to deteriorated buildings and “demolition,” generally available Full Article…
Improving Rental Buildings’ Profitability Through Demolition
Adam Leitman Bailey and Dov Treiman discuss demolition proceedings before the DHCR. By Adam Leitman Bailey and Dov Treiman | February 18, 2020 With the passage in June, 2019 of the Housing Stability and Tenant Protection Act of 2019 (HSTPA), owners are desperately seeking ways out of rent regulation in an attempt to recapture the profitability their Full Article…
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