In the past five years, we have had an increasing number of owners of rent stabilized buildings in New York City come to us in desperate need of help after receiving a “final notice” from the Division of Housing of Community Renewal of the State of New York (“the Division”). The “final notice” says that Full Article…
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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…
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