French philosopher Simone de Beauvoir famously remarked “[t]here is something in the New York air that makes sleep useless.” That maxim is particularly resonant in the intense world of real estate disputes, especially when a condominium or coop’s board of managers engages in obstructionist behavior that, if not swiftly addressed, can quickly decimate a high-value sale. A recent engagement handled by Adam Leitman Bailey, P.C.’s senior litigation team demonstrates how the firm’s ability to deploy Full Article…
Adam Leitman Bailey, P.C. Secures Bulk Purchase of 22 Units in New Luxury Condominium Building for Client, Deeming Client “Successor Sponsor”
Adam Leitman Bailey, P.C. represented a real estate developer/investor in its bulk purchase of 22 units in a new luxury condo in Midtown Manhattan with a total offering of over $500 million. Our client’s bulk purchase of 22 units was in excess of $80 million. The process presented our attorneys with an intricate series of obstacles which Full Article…
Adam Leitman Bailey, P.C. Successfully Advocates on Behalf of Client, Ensuring Protective Measures For Historic Building and Tenants
The board of a condominium on the Upper East Side approached Adam Leitman Bailey, P.C. searching for assistance in negotiating a license agreement with a large-scale real estate developer; they hoped to install protective measures concerning a massive adjacent demolition and construction project for a new commercial building that services the entertainment and music industry. Full Article…