Adam Leitman Bailey

Adam Leitman Bailey

Founding Partner and Real Estate Attorney at Adam Leitman Bailey, P.C.
  • Real Estate Law, Landlord Tenant, Business Law ...
  • New Jersey, New York
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Biography

Adam Leitman Bailey, Esq. practices residential and commercial real estate law at the eponymous law firm he built from scratch. 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 Lawyers ranking for himself and his law firm and selected by Super Lawyers as one of New York’s “Top 100” attorneys, a list that included only five real estate law firms’ attorneys.

The internationally esteemed Chambers & Partners has repeatedly selected Adam Leitman Bailey as one of New York’s Leading Lawyers in Real Estate. Chambers & Partners hailed Adam Leitman 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 Adam Leitman 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 Adam Leitman Bailey “was the best trial lawyer I saw in my nine years as a Judge in New York City.” A New York State Judge, Kings County, stated that he had known Bailey for fifteen years and “that he is a brilliant lawyer and innovative who always worked zealously on behalf of his clients.” The Commercial Observer named Adam Leitman Bailey as one of New York’s Most Powerful Real Estate Attorneys.

Practice Areas
    Real Estate Law
    Commercial Real Estate, Condominiums, Easements, Eminent Domain, Homeowners Association, Land Use & Zoning, Mortgages, Neighbor Disputes, Residential Real Estate, Water Law
    Landlord Tenant
    Evictions, Housing Discrimination, Landlord Rights, Rent Control, Tenants' Rights
    Business Law
    Business Contracts, Business Dissolution, Business Finance, Business Formation, Business Litigation, Franchising, Mergers & Acquisitions, Partnership & Shareholder Disputes
    Foreclosure Defense
    Construction Law
    Construction Contracts, Construction Defects, Construction Liens, Construction Litigation
    Appeals & Appellate
    Civil Appeals, Federal Appeals
    Insurance Defense
Fees
  • Credit Cards Accepted
Jurisdictions Admitted to Practice
New Jersey
New Jersey Courts
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New York
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Languages
  • English: Spoken, Written
Professional Experience
Founding Partner
Adam Leitman Bailey, P.C.
- Current
Education
Rutgers University - Camden
Rutgers University - Camden Logo
Syracuse University College of Law
J.D. (1995) | Law
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Syracuse University College of Law Logo
Awards
Best Lawyers in America
Best Lawyers
Adam Leitman Bailey has reached a seven-year milestone after being named to Best Lawyers in America list. This year’s selection process consisted of more than 10 million peer evaluations; only 5% of practicing attorneys in the United States were honored.
Quality of Life, Associate Retention, Associate Satisfaction, Diversity, Equity & Inclusion, Career Development
Chambers Associate
In the 2021 USA Guide, Chambers Associate has awarded Adam Leitman Bailey, P.C. Associate rankings in 5 nationwide categories. These rankings include one category as a Top 10 Firm and 4 other categories as a Top 25 Firm in the United States of America.
Best Real Estate Lawyers in New York City
Expertise
Every year, Expertise.com decides on the most prominent local experts in a variety of fields with the goal of connecting the public with the best. This year, after researching over 4000 real estate law firms, Expertise.com ranked Adam Leitman Bailey, P.C. as one of the top 38 real estate law firms in New York. Adam Leitman Bailey, P.C. was nominated and recognized for our reputation, credibility, experience, availability, and professionalism.
One of New York’s Top Real Estate Litigators in 2021
Chambers & Partners
Chambers & Partners Ranks Adam Leitman Bailey as One of New York’s Top Real Estate Litigators in 2021 Chambers remarked that Adam Leitman Bailey “is a noted real estate litigator with substantial expertise handling high-stakes disputes.” Chambers also remarked that “he is a creative and innovative lawyer who thinks outside the box.”
The Best Lawyers of New York City for Real Estate Law
Best Lawyers
Adam Leitman Bailey was selected in The Best Lawyers of New York City for Real Estate Law. He has been recognized for this honor since 2015.
Best Law Firm and 30.4% of the Firm Named Best Lawyer or Ones to Watch
Best Lawyers
Adam Leitman Bailey has been ranked in the 2021 Edition of The Best Lawyers in America® for outstanding work in Real Estate Law.
Global Leader in Real Estate 2020
WhosWhoLegal
Who’s Who Legal has identified the foremost legal practitioners and consulting experts in business law based upon comprehensive and independent research. This year Adam Leitman Bailey was selected as Who’s Who Legal Global Leaders in Real Estate 2020. Who’s Who Legal stated “Adam Leitman Bailey is an “intelligent and diligent” lawyer remark sources, who note he is “extremely knowledgeable of the law” and commend his “excellent strategic thinking”.
Best Law Firm in New York 2020 and Best Lawyers Ones To Watch
U.S. News and World Report
Adam Leitman Bailey, P.C. has been ranked in the 2020 U.S. News & World Report “Best Law Firms.” Adam Leitman Bailey, P.C. is one of only six New York Real Estate Law Firms with under 30 attorneys to be selected as a “Best Law Firm” by U.S. News and World Report. Adam Leitman Bailey was named a Best Lawyer and Andrew Jorges, Courtney J. Lerias, Danny Ramrattan, Joanna C. Peck, Marianne Sanchez, and Rachel Sigmund McGinley were named Best Lawyers: Ones to Watch
Humanitarian Award
Marquis Whos Who
Adam Leitman Bailey was chosen as Marquis Who’s Who Legal Humanitarian Award for 2020. Individuals who have been honored with this prestigious award are described as philanthropists, or those who advocate for human welfare or social reform. From health care to international outreach, Marquis Who’s Who Humanitarians are individuals who strive to make a positive impact on their communities and the world. We commend them for their ambition, awareness, achievements, and selfless acts.
2020 Client Choice Award
Client Choice
Recognized for his knowledge of real estate law and for providing the highest quality of advice Adam Leitman Bailey of Adam Leitman Bailey, P.C. was awarded the 2020 Client Choice Award for real estate. Adam Leitman Bailey has always put his clients first, aggressively pursuing their cases to bring to its clients the best that any law firm can offer, both in advocating on behalf of the client and in working with the client. Below are a couple of chosen quotes from clients that highlight Mr. Bail
Best Law Firm
U.S. News Best Lawyers
Adam Leitman Bailey, P.C. has been ranked Tier 3 in the 2019 edition of U.S. News – Best Lawyers® “Best Law Firms.” The firm is one of only ten firms in the New York Metro Area with under 30 attorneys to be selected as a “Best Law Firm” in Real Estate Law.
Best Lawyers in America.
Best Lawyers
Adam Leitman Bailey is one of two attorneys from a firm of under 30 attorneys in the New York Metro Area to be included in the 25th edition of Best Lawyers in America. Recognition by Best Lawyers is designed to capture the consensus opinion of leading lawyers about the professional abilities of their colleagues within the same geographical area and legal practice area.
One of New York City’s Top Ten Best Places to Work
Crains
Adam Leitman Bailey, P.C. has been named one of Crain’s 2018 100 Best Places to Work in New York City, the only real estate firm to have won five times since 2010. Adam Leitman Bailey, P.C. placed #7 in the small business category.
Leading Individual in New York Real Estate Law
Chambers & Partners
Adam Leitman Bailey of Adam Leitman Bailey, P.C. has been ranked as one of New York’s top real estate attorneys in the 2018 edition of Chambers USA: America’s Leading Lawyers for Business. Mr. Bailey is one of only two attorneys from firms with under 30 attorneys to receive this incredible honor.
Best Lawyer Ranking
Best Lawyers
Adam Leitman Bailey has been ranked in the 2018 Edition of The Best Lawyers in America® for outstanding work in Real Estate Law. No other attorney at a New York real estate firm with under 30 attorneys has received this honor.
Leading New York Law Firm
Chambers USA
Adam Leitman Bailey, P.C. is one of only three real estate law firms with fewer than 30 attorneys to have its firm ranked by the prestigious Chambers and Partners. Chambers also awarded the firm’s founder and managing partner, Adam Leitman Bailey, commending his excellence in condominium law and real estate litigation.
Humanitarian of the Year
The State of Jersey
The State of Jersey Issued a Joint Resolution by the Senate and General Assembly Saluting Adam Leitman Bailey’s Service to the Community.
Top Rated Litigators
The American Lawyer
Four Adam Leitman Bailey, P.C. attorneys been selected as 2017 Top Rated Litigators in The American Lawyer. Our 2017 top rated litigators include: Adam Leitman Bailey: Actively at the helm of the law firm he built from scratch, Adam Leitman Bailey practices residential and commercial real estate law.
Super Lawyers & Rising Stars
Super Lawyers
Fifteen Adam Leitman Bailey, P.C. attorneys have been named to the New York Metro Super Lawyers and Rising Stars lists for 2017. Over half the firm is proud to receive this honor that no other New York real estate firm of its size can claim.
Top 100 Attorney
Super Lawyers
Super Lawyers names Adam Leitman Bailey as one of the Top 100 attorneys in New York for 2016. Out of the Top 100, Adam Leitman Bailey is one of only seven attorneys from a Real Estate Law Firm.
Chambers USA: America’s Leading Lawyers for Business
Chambers and Partners
Adam Leitman Bailey has been selected by Chambers and Partners to achieve ranking in “Chambers USA: America’s Leading Lawyers for Business” and has been recognized as one of New York’s leading real estate lawyers for 2016. This is one of the highest honors a real estate attorney can achieve in his career. Adam Leitman Bailey is one of only two attorneys to receive this honor with less than 30 attorneys in their firm.
AV
Martindale Hubbell
Adam Leitman Bailey is proud to receive an “AV” rating from Martindale-Hubbell, the country’s preeminent lawyer rating service. An “AV” rating signifies an attorney that has “achieved the highest levels of professional skill and integrity.” Adam Leitman Bailey has now joined a very elite group of real estate professionals.
Super Lawyers Rising Stars
Super Lawyers
Super Lawyers magazine identified the top attorneys in the New York Metro area based on an independent survey of nearly 90,000 attorneys. Adam Leitman Bailey, P.C. is proud to say it has more Super Lawyers Rising Stars than any other real estate firm in the New York Metro area.
Leading Real Estate Lawyer for its Chambers USA: America’s Leading Lawyers for Business 2011
Chambers and Partners
From the 142,499 lawyers practicing law in New York, Adam Leitman Bailey is only one of three real estate attorneys from firms with fewer than 25 attorneys to receive a Chambers ranking.
Leading Real Estate Lawyer for its Chambers USA: America’s Leading Lawyers for Business 2010
Chambers and Partners
In its review Chambers USA 2010 praised Adam Leitman Bailey: Adam Leitman Bailey of Adam Leitman Bailey, P.C. is highlighted for his landlord and tenant litigation practice. Interviewees predict that both his firm and his standing in the marketplace will only continue to grow; and that clients call him “an extraordinary practitioner who gets great results,” saying: “His ability to anticipate things before they happen has opened my eyes.”
Distinguished Alumni
Syracuse University
Syracuse University’s Office of Professional & Career Chooses Adam Leitman Bailey As A Distinguished Alumni for 2009-2010.
2008-2009 Outstanding Employer Award
Touro College Jacob D. Fuchsberg Law Center
Touro College Jacob D. Fuchsberg Law Center and Its Externship Program Present the 2008-2009 Outstanding Employer Award To Adam Leitman Bailey, Adam Leitman Bailey, P.C.
New York’s leading lawyers for real estate
Chambers
Adam Leitman Bailey has been ranked by Chambers as one of New York’s leading lawyers for real estate in the 2009 edition of Chambers USA: America’s Leading Lawyers for Business. Chambers USA 2009 called Adam Leitman Bailey “a tenacious and confident litigator who is quick-witted in court and respected by the judges.” Adam Leitman Bailey,P.C. is one of only two New York real estate firms with fewer than 20 attorneys to receive a Chambers ranking.
The Top Attorneys in the New York Metro Area
New York Super Lawyers
New York Super Lawyers 2009 The Top Attorneys in the New York Metro Area
Top 150 Under 150
Vault
Adam Leitman Bailey, P.C. Joins Vault’s Top 150 Under 150 List as One of the Best Midsize Law Firm to Work For.
Global Leader in Real Estate
WhosWhoLegal
Who’s Who Legal has identified the foremost legal practitioners and consulting experts in business law based upon comprehensive, independent research. This year Adam Leitman Bailey and Adam Leitman Bailey, P.C. were selected as WhosWhoLegal Global Leaders in Real Estate. WhosWhoLegal stated “Adam Leitman Bailey is an “intelligent and diligent” lawyer remark sources, who note he is “extremely knowledgeable of the law” and commend his “excellent strategic thinking”.”
One of New York’s Most Powerful Real Estate Attorney
Commercial Observer
Chambers USA: America’s Leading Lawyers for Business
Chambers and Partners
Adam Leitman Bailey has been selected by Chambers & Partners to achieve ranking in “Chambers USA: America’s Leading Lawyers for Business” and has been recognized as one of New York’s leading real estate lawyers. This is one of the highest honors a real estate attorney can achieve in his career.
Super Lawyer
Super Lawyers
Super Lawyers magazine identified the top attorneys in the New York Metro area based on an independent survey of nearly 90,000 attorneys. Out of the 280 real estate attorneys named Super Lawyer only 25 come from firms with less than 30 attorneys, including Adam Leitman Bailey.
Highest Rating
Avvo
The Avvo Rating evaluates a lawyer’s background, based on the information known about the lawyer. The rating is calculated using a mathematical model that considers the information shown in a lawyer’s profile, including a lawyer’s years in practice, disciplinary history, professional achievements and industry recognition.
Best First Time Author
NAREE
Adam Leitman Bailey, Esq., one of New York City’s most successful and prominent real estate attorneys, has been honored with the National Association of Real Estate Editors’ (NAREE) “Best First Time Author” award for his book, Finding The Uncommon Deal: A Top New York Lawyer Explains How to Buy a Home for the Lowest Possible Price.
New Milford High School Distinguished Alumni Award
New Milford High School
Adam Leitman Bailey was awarded with the “New Milford High School Distinguished Alumni Award” by New Milford High School, located in New Milford, New Jersey.
The Best Lawyers of America
Best Lawyers
Adam Leitman Bailey was selected in The Best Lawyers of America for Real Estate Law. Mr. Bailey is one of two attorneys in New York 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.
AV Rating
Martindale Hubbell
America's Leading Lawyers for Business
Chambers USA
Leading Real Estate Lawyer
Chambers and Partners
Professional Associations
American College of Real Estate Lawyers
Current
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American College of Mortgage Attorneys
Current
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New York State Bar  # 2754216
Member
- Current
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Publications
Articles & Publications
Case Study: Adam Leitman Bailey, P.C. Resolves Townhouse Owner’s Dispute Over Neighbor’s Leaking Sewage Line Without Costly Litigation
Adam Leitman Bailey and Eric S. Askanase
Case Study: Whether a Title Company is Liable for Lead-Paint Contamination When Documents Indicated Lead Paint Existed
American Land Title Association
New Rules of Substantial Rehabilitation to Remove Units from Rent Regulation Part II
Mann Report Management
Reading Biographies Will Make You a Better Leader
Thrive Global
Recent Changes to Co-op & Condo Laws
The Cooperator
Want Low Turnover and High Profitability? Focus on Merit-Based Compensation.
Score New York City
The Surfside Condo Collapse: Lessons for New York
Adam Leitman Bailey and John M. Desiderio
Case Study: Shady Business Dealings, Adam Leitman Bailey, P.C. Secures Favorable Settlement For Its Client
Danny Ramrattan and Adam Leitman Bailey
Terminating An Easement in 2021
Adam Leitman Bailey
The Evolving Burden of Proof for Foreclosure Judgments
Adam Leitman Bailey, Jackie Halpern Weinstein, and Danny Ramrattan
Under Regina, Just What Is Fraud?
Adam Leitman Bailey and Dov Treiman
Development—Court Grants Petitioner License to Temporarily Enter Adjacent Property To Facilitate Construction of Petitioner’s Construction Project Pursuant to Real Property Actions and Proceedings Law §881, Subject to Terms and Conditions
Adam Leitman Bailey
Case Study: Adam Leitman Bailey, P.C. Secures Record Multi-Million-Dollar Settlement for Residential Developer
Adam Leitman Bailey, Eric S. Askanase, and Joshua M. Filsoof
Co-op and Condo Owners’ Right To Inspect: An Update
Adam Leitman Bailey and John M. Desiderio
Case Study: Adam Leitman Bailey, P.C. Obtains Extension of Time to Make Mortgage Payment for Bronx Building Owner Using Arcane Legal Theory That Gets Lender’s Attention
Adam Leitman Bailey and Michelle Brown
Title Insurance: Determining an Insured’s Loss and Calculating the Damages
Adam Leitman Bailey and Joshua M. Filsoof
Case Study: Adam Leitman Bailey, P.C. Defeats Neighbor’s Attempt to Use Adverse Possession Claim to Halt Construction
Adam Leitman Bailey, Eric S. Askanase, and Joshua M. Filsoof
Cuomo’s Crisis: What a Weakened or Departing Governor Means for Real Estate
Adam Leitman Bailey
Case Study: Adam Leitman Bailey, P.C. Saves and Secures Life-Saving Facility While Stopping Work on Development Project
Joanna C. Peck, Rachel Sigmund McGinley, and Adam Leitman Bailey
Case Study: Adam Leitman Bailey, P.C. Leads and Guides Owner on How to Legally Secure Possession of a Commercial Space During COVID-19
Adam Leitman Bailey, Carolyn Z. Rualo, and Dov Treiman
Self-Help Eviction in 2020/2021
Meaghan Hassan, Adam Leitman Bailey, and John M. Desiderio
Case Study: Adam Leitman Bailey, P.C. Defeats Neighbor’s Attempt for Restraining Order Halting Construction in the Name of Adverse Possession
Adam Leitman Bailey, Eric S. Askanase, and John M. Desiderio
Case Study: Adam Leitman Bailey, P.C. Appellate Victory: Successor Sponsors No Longer Responsible for Repairing Building
Adam Leitman Bailey and Jeffrey R. Metz
Case Study: Adam Leitman Bailey, P.C. Obtains Complete Agreement Between Landlord, Commercial Tenant, and Landlord Shareholders to Resolve Dispute Over Lease Renewal and Negotiation of a New Rent Schedule
Adam Leitman Bailey and John M. Desiderio
Case Study: Buyouts, Evictions, Negotiations, and Detective Work Lead to the Ground Work to Build a Large Condominium
Adam Leitman Bailey, Dov Treiman, and Carolyn Z. Rualo
Case Study: Adam Leitman Bailey P.C. Wins Co-op’s Right to Retain Multimillion Dollar Security Deposit Post-HSTPA
Dov Treiman, Carolyn Z. Rualo, Jeffrey R. Metz, and Adam Leitman Bailey
Case Study: Bet the Skyscraper Negotiation
Marianne Sanchez, Danny Ramrattan, and Adam Leitman Bailey
Sheltering the Homeless in Rent-Stabilized Units
Adam Leitman Bailey and Dov Treiman
Landlord Laws, Tenant Moratoriums; Where We Are Now
Adam Leitman Bailey and Dov Treiman
Case Study: Adam Leitman Bailey, P.C. Defeats Broker’s Commission Action
Adam Leitman Bailey, Rachel Sigmund McGinley, and John M. Desiderio
Reviewing New York’s Commercial Lease Defenses to Paying Rent
Adam Leitman Bailey and Dov Treiman
An Update On Suing For Rent
Adam Leitman Bailey and Dov Treiman
Case Study: Adam Leitman Bailey, P.C. Helps Condominium Sponsor Settle Offering Plan Real Estate Tax Projection Dispute
Adam Leitman Bailey and John M. Desiderio
Case Study: Knowledge of Finer Intricacies of Complicated J-51 Overcharge Laws and Formulas Result in Massive Savings for Adam Leitman Bailey, P.C. Landlord-Client
Dov Treiman, Carolyn Z. Rualo, and Adam Leitman Bailey
Adverse Possession and Tenancies in Common
ACREL
Case Study: Adam Leitman Bailey, P.C. Secures Reduction in Common Charges for Commercial Condominium Units
Adam Leitman Bailey and Rachel Sigmund McGinley
Understanding Residential Building Laws Within a Pandemic Context
Adam Leitman Bailey
Residential Building Laws of the COVID-19 Pandemic
New York Law Journal
Case Study: Adam Leitman Bailey, P.C. Uses Ancient Document Doctrine to File and Record 36-Year-Old Document Instead of Paying Neighbor’s Bribe
Adam Leitman Bailey, John M. Desiderio, Andrew C. Jorges, and Sophia Bule
City Council’s relief for COVID afflicted guarantors
Adam Leitman Bailey and Dov Treiman
The Pandemic, Personal Privacy & the Law
Adam Leitman Bailey and John Desiderio
Third-Party Tenant Harassment Poses Dilemma For Landlords
Adam Leitman Bailey and John Desiderio
Demolition: One of the last ways to deregulate a building
Adam Leitman Bailey and Dov Treiman
Case Study: Adverse Possession Win Despite Forgetting Property for 13 Years
Adam Leitman Bailey, Colin E. Kaufman, and Jeffrey R. Metz
Preparing Practitioners for the Next Disasters
Adam Leitman Bailey, Dov Treiman and John Desiderio
Everyone Told Me I Couldn’t Be a Lawyer — So I Started a Law Firm.
Adam Leitman Bailey
Improving Rental Buildings’ Profitability Through Demolition
Adam Leitman Bailey, Dov Treiman
Lawyer Limelight: Adam Leitman Bailey
LawDragon
Rules Governing Anticipatory Repudiation of Contracts
Adam Leitman Bailey, John Desiderio
How Long Can Rental Markets Survive Government Meddling?
Adam Leitman Bailey
Case Study: Adam Leitman Bailey, P.C. Opens
Adam Leitman Bailey
Will Sports Help Women Win the Business World?
Adam Leitman Bailey
Case Study: Adam Leitman Bailey, P.C. Prevails for the Development of a Ground Zero Mosque
Adam Leitman Bailey
Deregulation Under The New Rent Laws
Adam Leitman Bailey, Dov Treiman
New Leases
Adam Leitman Bailey, Dov Treiman
Speaking Engagements
“Residential Building Laws of the COVID-19 Pandemic” Fidelity CLE, Zoom
Fidelity National TItle
On July 14th, 2020 Adam Leitman Bailey will be conducting a continuing legal education (CLE) seminar on the residential building laws of the COVID-19 pandemic sponsored by Fidelity National Title Insurance Company.
“The Residential Cases, Laws, and Orders You Must Know and Understand From the Spanish Influenza to COVID-19 to Effectively Practice Law”, Zoom
Judicial Title
On Monday June 29th, 2020 from 1:00pm to 2:00pm, Adam Leitman Bailey will be conducting a continuing legal education webinar via Zoom for Judicial Title discussing the residential cases, laws, and orders you must know and understand from the Spanish Influenza to COVID-19 to effectively practice law.
Surviving & Thriving Through a Pandemic & Fiscal Crisis: Litigation & Transactional Strategies, Zoom
TiteVest
Led by two top real estate attorneys, Stuart Saft (real estate transactional expert) and Adam Leitman Bailey (well-known real estate litigator), and moderated by Brian Tormey (president of New York’s premiere title agency), we will discuss advantageous strategies for positioning oneself during Phase 3 of New York’s reopening.
Adam Leitman Bailey Speaks as a Thought Leader at The Real Deal’s Future City, The Real Deal’s Future City, Bahamas
The Real Deal
Adam Leitman Bailey joined a group of real estate experts in the Bahamas on January 28th, 2019 for The Real Deal’s Future City real estate summit. Mr. Leitman Bailey was the thought leader for a session discussing policies that are impacting developers and landlords.
Dansker Capital Rent Regulation Panel, Dansker Capital, NYSE
Dansker Capital
Adam Leitman Bailey joined a panel of real estate experts along with New York City council members to discuss the anticipated rent regulation reform. This reform is to be the first in decades creating debate between real estate professionals and the New York City council over the terms of change.
Certifications
Certified Real Estate Attorney
New York State Bar
Websites & Blogs
Website
Adam Leitman Bailey, P.C. Official Website
Website
Adam Leitman Bailey's Personal Website
Blog
Adam Leitman Bailey Articles
Legal Answers
1 Questions Answered
Q. How do the new rent regulation laws affect a corporate lease to a nonprofit organization?
A: If the building is operating under a municipal contract to provide housing to the homeless, then the tenants are exempt from rent stabilization. If there is no municipal contract, however, it is subject to rent stabilization unless otherwise exempt. One of those exemptions is where a charitable organization or non-profit is using the premises for its affiliates. This does not mean its clients. So, for example, if a University is using the premises to house its professors and students, those are affiliates. If, for example, the Salvation Army is using it to house unwed mothers, those are NOT affiliates. They are clients. However, still another exemption is for an “asylum” and the unwed mothers would fall under that category such as to exempt them from rent stabilization. But mere charitable status is not an exemption. However, under that same scenario, if the Salvation Army rented an apartment to an ordinary person as a mere tenant, that ordinary person would be residing in the unit as a rent stabilized tenant. If, however, that apartment were occupied by a social worker employed by the Salvation Army and having received the apartment for purposes of ministering to the unwed mothers, that apartment would be exempt as an “affiliation” unit, as noted above. As this brief synopsis shows, the issues can get very tangled and wind up relying on nuances of the facts presented.
View More Answers
Contact & Map
Adam Leitman Bailey, P.C.
One Battery Park Plaza
Eighteenth Floor
New York, NY 10004
Telephone: (212) 825-0365
Fax: (212) 825-0999