By: Adam Leitman Bailey & Dov Treiman July 2nd, 2007 When it comes to subletting, relatives are in an entirely different category than other persons. Relatives stand at the boundary line between family members who occupy the premises as an incident of the family relationship1 and strangers who bought into the right or privilege to Full Article…
Viewing 41 to 48 of 59 items
Q&A: Question of Ownership, The Cooperator
By Adam Leitman Bailey April 1st, 2014 Q: On the stock certificate for our co-op, it just lists “John & Jane Smith.” Does that mean we own it “tenants by entirety” or “tenants in common?” If we want “tenants by entirety,” do we need to have it re-issued to state so? —Stocking Up A:“It depends Full Article…
The 15 Most Fascinating New York Real Estate Cases of the 21st Century
By: Daniel Geiger August 8th, 2012 The Case of the Loophole & The Greek Shipping Magnate Other than the J-51 lawsuit that upended Stuyvesant Town and Peter Cooper Village, perhaps no other case demonstrates how the city’s real estate market can hinge so seismically on legal technicality. In 2008, the economy collapsed into a deep Full Article…
Adam Leitman Bailey, P.C. Defeats Claim of Adverse Possession for Title Company
In McMillan v. Village Plaza Homes, Inc., et. al., Adam Leitman Bailey, P.C. won a Decision and Order granting summary judgment in favor of the insureds, in defeating Plaintiff’s claim of title by adverse possession to an eleven inch strip of land on the southerly boundary line of the insureds’ property in Queens County, New York. Full Article…
Adam Leitman Bailey, P.C. Defeats Fraud Claim; Protects CitiMortgage as a Secured Lender
In defending the interests of CitiMortgage, Inc. and MERS before the Honorable Arthur M. Schack, J.S.C. in a New York Supreme Court, Kings County, deed forgery case, Adam Leitman Bailey, P.C. negotiated and procured a so-ordered agreement declaring CitiMortgage’s mortgage to be a valid lien secured by a property in Brooklyn, despite allegations of a Full Article…
Adam Leitman Bailey, P.C. Protects Home Loan Investment Bank, F.S.B. As First Lien Holder
In Home Loan Investment Bank v. Lauday Inc. and Aretha Barrett Realty Corp., et. al., Case No. 1:09-cv-03088-ERK in Federal Court, Eastern District, Adam Leitman Bailey, P.C. negotiated a so-ordered stipulation declaring Home Loan Investment Bank’s 1.435 Million Dollar mortgage to be a valid, first priority interest secured by a series of properties in Brooklyn, despite certain counterclaims Full Article…
Adam Leitman Bailey, P.C. Protects HSBC Bank USA, N.A. as a Secured Lender
In 28 St. Nicholas Ave. HDFC v. HSBC, et. al., Adam Leitman Bailey, P.C. negotiated a pre-trial settlement, in which HSBC’s mortgage was declared a valid interest secured by a building in Brooklyn, despite a fraudulent deed transfer in the chain of title. The President of the HDFC deeded ownership of the entire building from Full Article…
Adam Leitman Bailey, P.C. Makes New Law by Holding Developer Personally Liable for Construction Defects in Newly Constructed Building
A recent decision from the Kings County Commercial Division has upheld contract, warranty, and veil-piercing claims alleged against a condominium sponsor and its principal for construction defects. In this action, the Board of Managers, represented by Adam Leitman Bailey, PC seeks to recover damages from the condominium sponsor and its principals for various construction defects, Full Article…
Twitter