By Candace Taylor Tenants in a Pinnacle Group building on Riverside Drive and 144th Street are suing their landlord, claiming that the six-story rental building is in need of extensive repairs. The building, at 668 Riverside Dr., is set to undergo a conversion into condominiums, but the tenants are claiming that “mold, constantly leaking pipes, rotting wood, fallen Full Article…
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The Downside for Condos in a Downturn
By TERI KARUSH ROGERS DURING the recent boom, buyers who coveted condos for their sex appeal could also make the case that condos were a smarter choice than co-ops. In theory, you didn’t have to prostrate yourself, financially and otherwise, before a board for approval, and you could sell or rent pretty much to whomever you Full Article…
Realty Law Digest–New York Law Journal
Realty Law Digest Scott E. Mollen New York Law Journal | March 16, 2011 Co-Ops — Sellers Rented Apartment Before Board Approved the Pending Sale of Their Co-Op and Board Rejected the Sale — Sellers Sued — Individual Board Members Had No Personal Liability— NYS Human Rights Law — Federal Fair Housing Act— Breach of Fiduciary Duty — Full Article…
Lawyer not to be judged by his cover
By Liana Grey Last month, the real estate lawyer Adam Leitman Bailey received an award from the National Association of Real Estate Editors for his best-selling book, Finding the Uncommon Deal: A Top Lawyer Explains How to Buy A Home for the Lowest Possible Price. Much of the how-to guide, which took Bailey six years Full Article…
Appellate Division Finds that Condo Board Not Liable For Repairing Newly Constructed Building
On November 8, 2009, the Appellate Division ruled that a building’s developer and not a condominium board shall be responsible for making repairs to a newly constructed building. In Lorne v. 50 Madison Avenue LLC, a unit owner sued the board of directors for failing to remediate a construction defect. A unanimous Appellate Division dismissed Full Article…
Foaming Over Washing Machines?
By Adam Leitman Bailey Q. In our Queens co-op (containing 68 apartments) we do not allow laundry washing machines. A few owners have had them from years back, others have recently renovated and installed washing machines in their apartments. This causes unacceptable foaming and backed up pipes in units above and below and bad bleach Full Article…
Post-Sandy Landlord-Tenant Questions and Answers About Your Apartments
By: Adam Leitman Bailey & Dov Treiman March 20th, 2013 Q: Is there any difference in the law between how regulated and unregulated apartments are handled when the tenant cannot live there because of storm damage? A: Rent regulation makes almost no difference in the legal treatment of storm damaged or destroyed apartments. In unregulated Full Article…
Using the Judicial System to Abate the Foreclosure Crisis
By Adam Leitman Bailey And Rachel Sigmund Many stagnant foreclosures in the United States have been stuck in the judicial process for more than two years. This article describes how several states have addressed one of the primary legal impediments clogging the pipelines of pending or future foreclosures: lenders’ inability to locate the original mortgage Full Article…
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