Adam Leitman Bailey

Adam Leitman Bailey
About

About Adam Leitman Bailey

Actively at the helm of the law firm he built from scratch, Adam Leitman Bailey, Esq. practices residential and commercial real estate law. Among New York’s most successful and prominent real estate attorneys, Mr. Bailey is one of two attorneys from a law firm with less than 30 attorneys that has been ranked in Chambers & Partners, honored with a Martindale-Hubbell “AV” Preeminent rating, a Best Lawyer ranking for himself and his law firm and selected as one of New York’s Top 100 attorneys by Super Lawyers which included only 5 real estate law firm’s attorneys.

The internationally esteemed Chambers & Partners has repeatedly selected Mr. Bailey as one of New York’s Leading Real Estate lawyers. Chambers & Partners hailed Mr. Bailey as a “tenacious and confident litigator who is quick-witted in court and respected by the judges,” noting that Bailey is “an extraordinary practitioner who gets great results” and quoting a client on Mr. Bailey’s “ability to anticipate things before they happen.” “Clients praise his ‘judgment and knowledge of the field,’ adding: ‘Adam is the person for any sticky situation because he has seen and done everything. He is strategic about litigation.’” “He has been hired to litigate extremely high-profile cases…sources are highly impressed by his courtroom presence.”  “You feel like you have a zealous advocate out there working for you, and you never worry about things when they are in his hands.”

A New York State Judge wrote that Mr. Bailey “was the best trial lawyer I saw in my nine years as a Judge in New York City.”  The Commercial Observer named him as one of New York’s Most Powerful Real Estate Attorneys. Real Estate Weekly recognized him as “one of the most respected commercial real estate attorneys in not only New York City, but arguably the country.”

The New York Times referred to his legal strategy and legislation proposed in one case as “novel,” in addition to remarking on another case in which “Adam Leitman Bailey fought on…grinding through excruciating detail and obscure Perry Mason moments.” After Mr. Bailey’s firm used a forgotten statute to prevail in a landmark case, the Wall Street Journal quoted a prominent New York developer’s attorney who called the holding a “game changer” affecting real estate nationwide.  In another case hailed as “the city’s largest condo refund ever” (Curbed NY) involving “a settlement likely to send shivers through the ranks of the city’s condo developers” (the New York Post), the settlement he received was the largest condominium settlement in history for one building, and in another transaction, he obtained the largest government grant ($21 million) for a cooperative in New York history. The Commercial Observer ranked another victory among their “15 Most Fascinating New York Real Estate Cases of the 21st Century.” Most recently, Mr. Bailey secured the largest settlement in New York City history for a property casualty law suit.

Dateline NBC referred to Mr. Bailey as “aggressive, tenacious and smart” in asking him to share his negotiating secrets on its nationally syndicated television program. Mr. Bailey’s advocacy has prevailed in numerous important trials and cases before various courts and trial venues, including Housing, Civil, and New York State Supreme and Federal Courts, as well as various New York Appellate tribunals.

Notable wins have included:

  • Lorne v. 50 Madison Avenue LLC, an Appellate Division decision that finds responsibility for repairs of newly constructed buildings remains with Sponsor instead of Condo Board;
  • Hartman v. Goldman, an adverse possession case of first impression before New York’s Appellate Division;
  • 542 East 14th Street v. Lee, a case of first impression before New York’s Appellate Division defining expansion of rent regulation law for non-primary residence cases;
  • Interstate Land Sales Full Disclosure Act Cases, turning to a forgotten federal statute called the Interstate Land Sales Full Disclosure Act, he creatively discovered a way to void the contracts of sales for buildings over 100 units resulting in hundreds of settlement and court victories.
  • Rivas v. McDonnell, a noteworthy Appellate Division decision involving an interpretation of the recording statute;
  • Sky View Parc Purchasers Association, et al. v. FTC Residential Company II, L.P., the largest condominium settlement in New York history;
  • Trump SoHo, where Adam Leitman Bailey prevailed in a settlement providing millions of dollars to clients based on fraud claims under the Federal Securities Law;
  • Crave Ceviche Bar, Adam Leitman Bailey, P.C. Lands Largest Settlement in New York History for a Restaurant Opened Less Than Seven Months

Mr. Bailey has successfully defended a number of leading title companies and lenders in the nation and prevailed in numerous trials and settlements involving commercial and residential building owners, tenants, real estate developers, real estate brokerages, insurance companies and cooperative and condominium boards.  In addition, Mr. Bailey has favorably represented a number of tenant and homeowner associations as well as commercial and residential tenants, garnering millions of dollars in compensation and rent abatements for these associations and individuals.  For clients facing landlords who leave buildings in disrepair, Mr. Bailey has an unusually successful track record of getting those residential towers, apartments, and stores repaired and all services restored.

Mr. Bailey has also applied his expertise in closing various real estate deals and commercial leases. He has been named to the Board of Editors for Commercial Leasing Law & Strategy and has a regular real estate column in the New York Law Journal.  Bailey’s lease-drafting skills received national attention when BlumbergExcelsior, the nation’s leading form distributor, responsible for over 70 percent of the residential leases signed in the United States, tapped Bailey to draft a new set of residential and office leases for purchase nationwide. BlumbergExcelsior’s principal remarked that Bailey’s lease drafting skills were “remarkable.” While almost all New York property owners utilize his leases for residential purposes, his commercial leasing ideas and strategies are commonly part of the entire national commercial-leasing scene and have been included in “The Insider’s Best Commercial Lease Clauses,” published by the Vendome Group.

His success as cooperative and condominium general counsel earned Mr. Bailey recognition in “Who’s Who in Real Estate” by Habitat Magazine. As an assistant adjunct professor at New York University, Mr. Bailey taught commercial and residential landlord-tenant law. In 2011, Mr. Bailey took on the role of author to guide first-time home buyers through the purchasing process. John Wiley and Sons published his first book, Finding the Uncommon Deal: A Top New York Lawyer Explains How to Buy a Home for the Lowest Possible Price which became a New York Times bestseller and is available for purchase worldwide.  Mr. Bailey has also been elected a Fellow of the American College of Real Estate Lawyers (ACREL), where he serves on the Insurance and Title Insurance committees, and the American College of Mortgage Attorneys (ACMA).

 

 


Honors & Awards

Awards

Published Articles

Published Articles

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Press Mentions

Press Mentions

When Should a Landlord Hire a Lawyer? Landlords Should Hire an Attorney Whenever The...
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Can a Co-op Board Member Mine My Personal Information?
READ MORE Condominium & Cooperative Representation
Legal Game Changers for Boards – Rent Stabilization Law
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How Seriously Should Parents Take Kids’ Opinions When Searching for a Home?
READ MORE Purchase & Sale of Homes
‘The Best Home-Buying Advice I’ve Heard, Ever’
READ MORE Purchase & Sale of Homes
Adam Leitman Bailey is Featured on PBS Frontline
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ALBPC Prevails in a Complex Non-Primary Residence Case for 100-year-old Woman, Pro B...
READ MORE Tenant Representation
Adam Leitman Bailey, P.C. Defeats Motion to File Late Answer in Case where Defendant...
READ MORE Foreclosure Litigation Group
Luna Park Reaches for Stars With New Funding Plan
READ MORE Condominium & Cooperative Representation
Syracuse Law Recognizes Adam Leitman Bailey in 2018 Yearbook for His “Generosi...
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ALBPC Prevails in a Complex Non-Primary Residence Case for 100-year-old Woman, Pro B...
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Letters of Reference

Letters of Reference

“Always a Tremendous Comfort to Know That We Have Such Tremendous Counsel on O...
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“ALBPC has become an indispensable part of our corporate life” -Presiden...
READ MORE Condominium & Cooperative Representation
“Tears in my eyes as I thank God for you and your staff.”
READ MORE Real Estate Litigation
“If I had a problem, Adam would be the lawyer I would be contacting to represe...
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“They made us feel like we were their only clients, like they were living and ...
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“It is so nice to work with people who can become part of your work family. Yo...
READ MORE Foreclosure Litigation Group
“I wouldn’t be where I am today without your generosity and advice.̶...
READ MORE Real Estate Litigation
“We were literally saved by Adam and his team.”
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“We are finally at the point in time when I can say thank you so much for your...
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“Simply, he is an angel from G-d. In fact we did not even have to go to court....
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“While I’ve written about lawyers extensively for both film and televisi...
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“Great job, ALB sets the standard that others try to attain.” – Bo...
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Case Studies

Case Studies

Avoiding Litigation, Adam Leitman Bailey, P.C. Attorneys Persuade Seller-Sponsor to ...
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Adam Leitman Bailey, P.C. Successfully Defends Noise Nuisance Litigation, Compels Pl...
READ MORE Condominium & Cooperative Litigation
Adam Leitman Bailey, P.C. Obtains Landmark Decision Denying Developer of a License i...
READ MORE Condominium / Board of Managers / New Construction Representation
Stopping a Gym’s Noise Interruption at a Television Studio
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Making Sure the Closing Happens
READ MORE Purchase & Sale of Homes
Adam Leitman Bailey P.C. Secures Yellowstone Injunction Victory for Midtown Manhatta...
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A Property Fight Over An Apartment Unit That Became A Battle for the Ages
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Adam Leitman Bailey, P.C. Saves Pit Bull from Eviction Despite Attack on Neighbor...
READ MORE Condominium & Cooperative Litigation
ALBPC Obtains Condo Deposit Refunds for Two Clients Totaling Over $10 Million, Inclu...
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Adam Leitman Bailey, P.C. Obtains Disposal of Claim to an Easement on Contradictory ...
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Adam Leitman Bailey, P.C., Successfully Defends Broker Commission Litigation, Compel...
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The Persistence of Adam Leitman Bailey, P.C. in the Face of Judicial Hostility Allow...
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Forms

Forms

FORM_BCL 727 Disclosure – Board of Directors (Cooperative)
READ MORE Condominium & Cooperative Representation
FORM_LL147 Smoking Policy – Condominium
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FORM_LL147 Smoking Policy – Cooperative
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FORM_BCL 727 Disclosure – Board of Managers (Condominium)
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Blumberg Form 58: Apartment House Rules, New Jersey
READ MORE Commercial Leasing Services
Blumberg Form 66: Laundry Service Agreement Lease, New York
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Blumberg Form 66: Laundry Service Agreement Lease, Nationwide
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Blumberg Form 58: Apartment House Rules, Connecticut
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Blumberg Form 102: Lease for a Condominium Unit New York
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Blumberg Form 58: Apartment House Rules, Pennsylvania
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Blumberg Form 58: Apartment House Rules, Florida
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Blumberg Form 58: Apartment House Rules, Nationwide
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Headlines

Headlines

Adam Leitman Bailey, P.C. Rescues Client’s Million Dollar Letter of Credit At the ...
READ MORE Commercial Tenant Representation
Top real estate lawyer makes silver-screen consulting debut with “99 Homes”
READ MORE Foreclosure Litigation Group
Legal Ace Adam Bailey Breaking The Rules To Make New Ones
READ MORE Real Estate Litigation
Adam Leitman Bailey, P.C. Lands Largest Condominium Settlement in New York History
READ MORE Homeowner and Tenant Associations
Adam Leitman Bailey, P.C. Prevails at the Appellate Division in Adverse Possession C...
READ MORE Appellate Litigation
Tenant Association Defeats Landlord’s Major Capital Improvement Request with 9...
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Defining the Limits Of Liquidated Damages Clauses
READ MORE Commercial Landlord Representation
Public Enemy No. 1 for Developers
READ MORE Homeowner and Tenant Associations
Adam Leitman Bailey, P.C. Obtains Ruling Sustaining Contract, Fraud, and Fiduciary D...
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Adam Leitman Bailey is One of New York’s Best Real Estate Attorneys
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Lawyer Not to Be Judged by His Cover
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Clarified Rules for Earning Brokerage Commissions
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Adam Leitman Bailey, P.C. Rescues Condominium From Combination with University
READ MORE Condominium & Cooperative Board & Building Representation
Chinatown Landowners Keep Their Property Despite Two Purported Written Contracts Of ...
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Ying Qi Yang v Shew Foo Chin, Supreme Court, Appellate Division, First Department De...
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Using an Unpublished Contractor Decision by Judge and Finite Details of General Busi...
READ MORE Condominium & Cooperative Representation
Panel Upholds Unsealing of Settlements in Crane Case
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The 15 Most Fascinating New York Real Estate Cases of the 21st Century
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Real Estate Weekly Compares Adam Leitman Bailey’s Real Estate Practice to Apple’...
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The Eviction of A Night Club: Using Aggressive Lawyering, Creative Legal Theories an...
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Real Estate Bisnow writes about the importance of three Adam Leitman Bailey, P.C. ca...
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New York Observer: Power Broker, “He has built a remarkable law firm. I don...
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Adam Leitman Bailey, P.C. Obtains Winning Settlement for Restaurant Struck by Crane ...
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Making New Law, Appellate Division Finds that Condo Board Not Liable For Repairing N...
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Legal Ace Adam Bailey Breaking The Rules To Make New Ones
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Co-Ops—Selling Shareholders Stated Claim for Housing Discrimination Under New York...
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Adam Leitman Bailey Has Been Selected By Chambers & Partners as a Leading Real ...
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Making New Law, Appellate Division Finds that Condo Board Not Liable For Repairing N...
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Adam Leitman Bailey, P.C. Victorious in Case of First Impression Before Appellate Di...
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Adam Leitman Bailey, P.C. Prevents Eviction of Tenant and Wins Damages and Attorney ...
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Adam Leitman Bailey Named One of New York’s Most Powerful Real Estate Attorneys by...
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“They Held Our Hands Through It. They Made Sure That Our Grievances Were Addre...
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“When you really need somebody to deliver, this is the firm.” – J....
READ MORE Condominium & Cooperative Board & Building Representation
Adam Leitman Bailey, P.C. Client Testimonial – A.L.
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Fortune 100 Company Client Testimonial
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Adam Leitman Bailey, P.C. Client Highlights 2016
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Published Decisions

Published Decisions

Beach 50th Street LLC v Peninsula Rockaway
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230 Equity Inc. v Kahn
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184-188 Claremont Inv. LLC v Knowles
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Bd. of Managers of the Bayard Views Condominium v. FPG Bayard, LLC
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Appellate Term, First Department Affirms Adam Leitman Bailey, P.C.’s Victory a...
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542 East 14th Street v Charlene Lee, Cindy Lee et al. Decision, Appellate Division, ...
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Collins v. 620 West End LLC Published Decision
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PENY & CO., Plaintiff, v. 936-938 CLIFFCREST HOUSING DEVELOPMENT FUND CORPORATI...
READ MORE Condominium & Cooperative Representation
Lambert Houses Redevelopment Co. v. Jobi Published Decision
READ MORE Condominium & Cooperative Representation
Board of Managers of Cathedral Tower Condominium v. Sendar Assoc Published Decision
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Echevarria v Wambua Published Decision
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Speaking Engagements

Speaking Engagements

Presenting on Preventing the Next Catastrophic Casualties, Adam Leitman Bailey Speak...
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Adam Leitman Bailey Speaks to Fortune 500 Company’s Attorneys on Understanding...
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Adam Leitman Bailey Presents at New York State Bar Association Advanced Real Estate ...
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Adam Leitman Bailey Teaches Agents the Fair Housing and Americans with Disabilities ...
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Adam Leitman Bailey and Andrew Jorges Speak at Town Residential
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Adam Leitman Bailey Teaches Real Estate Agents the Fair Housing and Americans with D...
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The Greatest Mistakes Brokers and Lawyers Have Made in My 24 Years of Closing Deals
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Adam Leitman Bailey Hosts Syracuse University Law School NYCEx Closing Lecture
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General Counsel of Douglas Elliman Real Estate, Kenneth Haber, Introducing and Prese...
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Adam Leitman Bailey Lectures for New York State Bar Association on Easements, Advers...
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Adam Leitman Bailey Guest Lecturer at New York Law School’s Landlord-Tenant Class
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NYSBA – Removing Real Estate Development Obstacles: Zoning, Restrictive Covena...
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Adam Leitman Bailey, P.C.

NEW YORK REAL ESTATE ATTORNEYS