Managing Partners: Adam Leitman Bailey
Number of partners: 11 Number of lawyers: 25
Languages: 12 languages
By uniting many of the best real estate attorneys of our generation, Adam Leitman Bailey, P.C. has become one of New York’s most prominent real estate law firms. The firm excels by solely practicing real estate law and only taking on projects and cases where it is among the best in the field. Adam Leitman Bailey, P.C. has achieved groundbreaking results in the courtroom, in the board room, at the closing table, in the lobbies of legislative bodies, and in every other venue where talented legal advocacy is key to its clients’ interests. The firm has participated and prevailed in many of the most important New York real estate cases of the new millennium, as reflected in numerous published and unpublished decisions on novel legal issues. Some of these notable victories have changed the landscape of New York Law. The firm has invented new ways to practice law and new theories to solve its clients’ problems. Its successes have resulted in producing new laws and new precedents, creating new leases to become the industry standards, devising new faster, less expensive procedures to obtain foreclosures and evictions, using ‘Perry Mason’ moments to win trials, creating out-of- the-box ways to collect on judgments, and creating new theories of law to obtain justice for clients. Adam Leitman Bailey, P.C. counts itself among only one of two law firms with under 30 attorneys to achieve an AV Martindale-Hubbell rating, repeated Super Lawyers ranking, selection into the Bar Registry of Preeminent Lawyers, and a Chambers & Partners award for being one of the “Leading Lawyers for Real Estate.”
Main Areas of Practice:
As one of New York’s premier real estate litigation firms, Adam Leitman Bailey, P.C. has participated and prevailed in many of the most important New York real estate cases of the new millennium, as reflected in numerous published and unpublished decisions on novel legal issues.
The firm’s successes have led to the highest honors and awards from the bar and ranking organizations. Adam Leitman Bailey, P.C. is the only real estate litigation law firm with under 30 attorneys that has received an AV® Martindale-Hubbell rating, Super Lawyers honors with a Top 100 recognition, Best Lawyer awards for the firm and attorneys and selection into the Registry of Preeminent Lawyers as well as the American College of Real Estate Lawyers.
The Commercial Observer named Adam Leitman Bailey 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.’ A New York State Judge wrote that one Adam Leitman Bailey, P.C. attorney ‘was the best trial lawyer I saw in my nine years as a Judge in New York City.’
Real Estate Weekly also noted that ‘Adam Leitman Bailey has made a name for himself with his success winning cases in the courtroom’. The New York Times praised the firm’s ‘novel’ strategy in one case and remarked that in another Adam Leitman Bailey, P.C. ‘fought on… grinding through excruciating detail and obscure Perry Mason moments.’ After Adam Leitman Bailey, P.C. used a forgotten statute to prevail in a landmark federal case, the Wall Street Journal quoted a prominent New York attorney calling the holding a ‘game changer’ affecting real estate nationwide.
■ Lorne v. 50 Madison Avenue LLC, making new law, the Appellate Division finds that condo board not liable for repairing newly constructed building and finds that obligation to repair remains with sponsor; one of the firm’s attorneys was victorious at trial level and appeal
■ 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, turned a forgotten federal statute into a way to void the contracts of sales for buildings over 100 units resulting in hundreds of settlement and court victories
■ A prominent magazine noted an attorney at the firm as the real estate attorney, ‘credited with being the first lawyer in New York City to use the ILSA provision.’ Another prominent magazine noted that one of the firm’s attorneys pioneered the use of the ILSA provision to get buyers out of contracts in the wake of the financial crisis
■ Trump Soho Association v. Bayrock/Sapir Organization LLC, Donald J Trump, Trump International Hotels Management LLC, Donald Trump Jr, Ivanka Trump and Eric Trump, where one of the firm’s attorneys prevailed in a settlement providing millions of dollars to clients based on fraud claims under the Federal Securities Law
■ Sky View Parc Purchasers Association, et al. v. FTC Residential Company II, L P, an attorney at the firm lands largest condominium settlement in New York history
■ Rivas v. McDonnell, a noteworthy Appellate Division decision involving an interpretation of the recording statute
■ Chin v. Chan, where an attorney at the firm prevails at trial using a novel legal theory invalidating contract to purchase commercial property
■ Save Harlem Association v. KIMCO Realty Corporation,where one of the firm’s attorneys used victory in court, proposing legislation, conducting rallies and mobilizing political support and media attention to obtain winning settlement for the Save Harlem Association
■ Stalker v. Stewart Tenants, where an attorney at the firm achieves winning settlement on behalf of coop sellers in landmark housing discrimination case
■ Sykes v. RFD Third Avenue One Associates, where an attorney at the firm breaks new legal ground with appellate victory for attorneys’ fees on a stipulation
■ Million Gold Realty Co. v. S.E. & K. Corp., where one of the firm’s attorneys prevails at trial and on appeal in complicated commercial lease litigation setting the law for when dual right of first refusals given to two commercial tenants in building
■ Crave Crane Accident Case, where an attorney at the firm obtains winning settlement for restaurant struck by crane on March 15th, 2008
■ B & C Realty, Co. v. 129 Emmut LLC, 106 A.D.3d 653 (1st Dept. 2013), successfully defended owner of a building with potential zoning violations against purchaser who failed to close and lost a two million dollar down payment with finding that purchaser failed to demonstrate reasonable reliance necessary to sustain claims of fraudulent inducement, fraud and promissory estoppel