A Smoking Ban in All Related Companies Rentals

By C. J. HUGHES In a move that may enrage those who enjoy a cigarette on their couch after work, but delight air-freshener-wielding neighbors, a major landlord has banned smoking in all of its apartments across the country. As of this month, the Related Companies has decided that tenants can no longer light up in  Full Article…

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Q&A: Juggling Two Leases

By JAY ROMANO Q. Is it possible to have two rental leases at the same time? Can I have a rental lease on the place I plan to move to while still having the lease on my current residence? A. The law does not limit the number of leases a person can have at the same time, said  Full Article…

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Q & A: Rent-Stabilized Corporate Tenants

Q. Is it legal for a corporation to be a rent-stabilized tenant? A.  Yes, “a corporation can rent a rent-stabilized apartment,” said Adam Leitman Bailey, a Manhattan real estate lawyer. “But the terms of the rental will determine whether or not the apartment is entitled to the automatic renewals that are normal under rent stabilization.” If the lease names  Full Article…

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Appeals Court OKs Lifting Seal on Turtle Bay Crane Collapse Wrongful Death Settlements

Adam Leitman Bailey, P.C. wins a landmark case on whether court settlements can be sealed.  Defendants in this deadly crane collapse had settled with Labor Law death plaintiffs from the available pool of insurance.  They refused to disclose settlement amounts based on a prior Order that settlements would remain confidential until all Labor Law death  Full Article…

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Adam Leitman Bailey, P.C. Rescues Major Publicly Traded Company From Eviction

A major publicly traded company holding numerous New York properties came to ALBPC with a dilemma.  Its landlord at a building in a major up and coming neighborhood alleged that the company had been neglecting the rental property for decades.  As a result, the landlord was declaring forfeiture of the right to rent the property  Full Article…

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No Help for Jilted Sellers as Court Sticks With Precedent

n White v. Farrell,1 the New York Court of Appeals ruled that the measure of damages for a buyer’s breach of a contract to sell real property, where the contract does not contain a liquidated damages clause as the seller’s exclusive remedy,2 is the difference between the contract price and the fair market value of the property on  Full Article…

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Adam Leitman Bailey, P.C. Helps Shareholders Regain Control of Their Building

In a recent matter, Adam Leitman Bailey, P.C. counseled a group of concerned shareholders in removing an incumbent Board of Directors of a prestigious Manhattan cooperative. A group of concerned shareholders of a prestigious Manhattan cooperative were challenged and frustrated by an incumbent Board.  The Board’s lack of truthfulness and transparency, unilateral decision-making, and failure  Full Article…

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Breaking Bad: Dealing with Rule Breakers

By Adam Leitman Bailey, Leonard Ritz and Dov Treiman Jan. 15, 2013 — In the aftermath of superstorm Sandy, many condo and co-op board members have been facing unprecedented challenges, with little experience to guide them. In the first of two installments today, three leading attorneys answer eight questions at the top of every affected board  Full Article…

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