Adam Leitman Bailey

February 11, 2015 | New York Law Journal

Adam Leitman Bailey and Jeffrey R. Metz write: "Between 2009 and 2012, a total of 117 rental buildings in Manhattan and Brooklyn were converted to cooperative or condominium ownership. Many of the units contained therein were deregulated." The article then explores what rights the tenants of these units have vis-à-vis rent-regulated tenants when a building is being converted, and the effect of leasing units at fair-market rents both before and after a conversion.

By Adam Leitman Bailey and Jeffrey R. Metz

14 minute read

February 11, 2015 | New York Law Journal

Adam Leitman Bailey and Jeffrey R. Metz write: "Between 2009 and 2012, a total of 117 rental buildings in Manhattan and Brooklyn were converted to cooperative or condominium ownership. Many of the units contained therein were deregulated." The article then explores what rights the tenants of these units have vis-à-vis rent-regulated tenants when a building is being converted, and the effect of leasing units at fair-market rents both before and after a conversion.

By Adam Leitman Bailey and Jeffrey R. Metz

14 minute read

December 31, 2014 | New York Law Journal

Adam Leitman Bailey and Dov Treiman write: The importance of liquidated damages clauses are two-fold: They make the tenant think twice before breaching the lease or overstaying it, thus reducing the traffic in landlord-tenant court; and they allow the landlord an award of its full damages as it envisioned them at the time of the writing of the lease.

By Adam Leitman Bailey and Dov Treiman

12 minute read

December 31, 2014 | New York Law Journal

Adam Leitman Bailey and Dov Treiman write: The importance of liquidated damages clauses are two-fold: They make the tenant think twice before breaching the lease or overstaying it, thus reducing the traffic in landlord-tenant court; and they allow the landlord an award of its full damages as it envisioned them at the time of the writing of the lease.

By Adam Leitman Bailey and Dov Treiman

12 minute read

December 10, 2014 | New York Law Journal

In their Residential Lease Law column, Adam Leitman Bailey and Dov Treiman of Adam Leitman Bailey, P.C., discuss how all residential leases in New York State now require a notice to the tenant about the presence or absence of sprinkler systems in the "leased premises," making note that while stating what must exist, the law has no enforcement mechanism on its face and no penalty stated for noncompliance.

By Adam Leitman Bailey and Dov Treiman

10 minute read

October 08, 2014 | New York Law Journal

In their Broker Fee Regulations column, Adam Leitman Bailey and Jeffrey R. Metz discuss 'SPRE Realty v. Dienst' which the authors describe as "a thoughtful decision authored by Justice Rolando Acosta which clarified the guidelines for earning a real estate broker's commission in Manhattan and the Bronx."

By Adam Leitman Bailey and Jeffrey R. Metz

13 minute read

August 13, 2014 | New York Law Journal

In their Licensing Law column, Adam Leitman Bailey and John M. Desiderio of Adam Leitman Bailey, P.C., write: In February of this year, in "Union Square Park Community Coalition, v. New York City Department of Parks and Recreation," the New York Court of Appeals appears to have redefined and narrowed the limits of what distinguishes a license from a lease by expanding the scope of what may be deemed a license.

By Adam Leitman Bailey and John M. Desiderio

9 minute read

July 30, 2014 | New York Law Journal

In their Rent Regulation column, Adam Leitman Bailey and Dov Treiman of Adam Leitman Bailey, P.C., discuss the legal recognition of non-traditional relatives of the tenant of record for purposes of succession to a regulated tenancy.

By Adam Leitman Bailey and Dov Treiman

11 minute read

June 11, 2014 | New York Law Journal

In their Co-ops and Condominiums column, Adam Leitman Bailey and John M. Desiderio of Adam Leitman Bailey, P.C. discuss several recent cases that show how New York courts give deference to the actions of co-op and condo boards wherever it is clear that the boards have acted within the scope of their authority and in good faith in the interests of their shareholders, unit owners, and their buildings.

By Adam Leitman Bailey and John M. Desiderio

13 minute read

April 23, 2014 | New York Law Journal

In their Rent Legislation column, Adam Leitman Bailey and Dov Treiman of Adam Leitman Bailey, PC, discuss several of the amendments the DHCR has made to the Rent Stabilization Code and conclude: While the new amendments do have the virtue of making the applicable law easier to find by gathering it all into one place, for the most part, these amendments will simply increase the cost of doing business, without necessarily providing the tenants a corresponding benefit.

By Adam Leitman Bailey and Dov Treiman

12 minute read