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Adam Leitman Bailey

Real estate Attorney at New York, NY

5.0   3 reviews

also known as Adam Leitman Bailey

  • State Years
    New York - NY 27 years
    New Jersey - NJ 28 years
  • Licensed for 27 years
    State NY
    Acquired 1996
    Status
    Currently Registered Lawyer disciplined by state licensing authority in 2019
  • Licensed for 28 years
    State NJ
    Acquired 1995
    Status
    Active

This lawyer was disciplined by a state licensing authority in 2019. See details

About Adam

Learn Adam’s areas of practice.

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 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 Mr. 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 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, Adam Leitman 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. Adam Leitman 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.

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, Adam Leitman 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.

Adam Leitman 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 Adam Leitman 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. Adam Leitman Bailey authored his first book, titled Finding the Uncommon Deal: A Top New York Lawyer Explains How to Buy a Home for the Lowest Possible Price (Wiley, 2011) and most recently became an author and Co-Editor in Chief of Real Estate Titles, The Practice of Real Estate Law in New York. 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 is a former member of the American College of Mortgage Attorneys (ACMA).

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Location

Adam Leitman Bailey, PC
One Battery Park Plaza
New York, NY, 10004

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Reviews

5.0 / 5.0
  3 customer reviews
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Posted by Stacy | August 13, 2012
A Law Firm That Does It's Homework and Gets the Job Done
I am an investor in real estate properties mostly in New York City. I am also a business person working with clients on M&A transactions. I heard about this firm from one of my clients actually who recommended Adam very very strongly. This was my first lawsuit. The case was in a bad mess when I came to Adam. There are seven parties involved in this particular lawsuit and my first set of attorneys really had a strategy that wasn't helpful in the long run and I was very concerned about the outcome of the case when I came to Adam. I purchased an apartment which was adjacent to an apartment that I already owned and apparently the seller of this apartment forged her ex-husband's signature to facilitate the transaction but nobody involved with the transaction appeared to be aware of this and the ex- husband sued all seven parties involved in the transaction so it was a very complicated and messy situation. The lawyers at the firm had very clear understanding of the law and were on a very solid footing so they were not just bluffing which was very important in this case. They also did a lot of background investigation on the parties involved in the case and got a clear sense of their motivation and their past history. They came up with strategies really for each of the parties which I think was very important to do. And I also want to say they collaborated with me, you know, and they made me feel part of the team too. I have worked with a lot of law firms on the business side and I think that Adam Leitman Bailey's attorneys are very creative and strategic in their thinking. I think without a good strategy it's very hard to win and negotiate a settlement so I think it is an extremely strong skill set that they have both in devising a strategy and negotiating in getting us a successful outcome for that strategy.
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Posted by Linda Coakley | July 31, 2012
Fantastic Experience
We rented our personal residence to a very influential wealthy couple and they completely modified our residence without asking permission. We started a legal matter which lasted over ayear without any kind of results. I was very very frustrated by all the amount of energy and theamount of money that we were paying to support this matter and finally a broker, a real estate broker who was really compassionate about the case told me that he had the right person, and he brought me over to Adam Leitman Bailey. In two months, the case was resolved. I had the money that we were asking and the people are still our tenants. We saw light at the end of the tunnel. We had an incredible experience. Adam is fantastic and a genius, he is a leader and everybody else in the firm is as good as well.
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Posted by anonymous | February 8, 2011
Highly recommended!
I couldn't recommend Adam more strongly. Adam (and his firm) has the highest of integrity, is proactive for his clients, has incredible knowledge of Real Estate law, follows up impeccably, is accessible and a really a nice person.

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Resume

AVVO RATING 8.1 (Excellent)

Professional misconduct

This lawyer was disciplined by a state licensing authority in 2019.

Suspension issued in NY, 2019
updated on 01/21/2021

Suspended means an attorney lost his or her license to practice law for a period of time. The attorney typically returns to practicing law when the suspension expires.

Work Experience

  • Founding Partner
  • Adam Leitman Bailey, P.C.
  • 2000 - Present

Education

  • Syracuse University College of Law
  • JD - Juris Doctor
  • N/A

Sample of Legal Cases

  • Trump Soho
  • Apartment hunters received a staggering 90 percent of their deposits back on posh pads they intended to buy at the troubled Trump SoHo condo-hotel because they relied on the developers’ “deceptive” sales figures.
  • Hartman v. Goldman
  • Adam Leitman Bailey, P.C. won a Decision and Order granting summary judgment to the insureds. ALB P.C. effectively argued that anything planted along the fence were de minimis pursuant to RPAPL 543(1),and must be deemed to be permissive and non-adverse.
  • Sky View Parc Purchasers Association, et al. v. FTC Residential Company II, L.P
  • The largest condominium settlement in New York history
View all legal cases

Associations

  • American College of Mortgage Attorneys
  • 2012 - Present
  • American College of Real Estate Lawyers
  • 2011 - Present
  • Association of the Bar of New York City
  • N/A

Languages Spoken

  • English

Honors and Awards

  • New York’s Best and Brightest Company to Work For
  • Best and Brightest
  • 2023
  • “Best Law Firms”
  • Best Lawyers
  • 2023
  • 5 Categories Nationwide in Associate Satisfaction Survey
  • Chambers Associate's 2023 Guide
  • 2023
  • Leading Firm for Associate Satisfaction
  • Chambers Associate
  • 2023
  • Top 25 Law Firm for Career Development
  • Chambers Associate
  • 2023
  • Top 25 Law Firm for Associate Retention
  • Chambers Associate
  • 2023
  • Real Estate Lawyer of the Year in New York
  • Global Law Experts Annual Awards
  • 2022
  • New York’s Top Real Estate Litigators
  • Chambers & Partners
  • 2022
  • Client Choice Award
  • Lexology
  • 2020
  • Global Leaders in Real Estate
  • Who’sWhoLegal
  • 2020
  • Top 100 Attorney in New York
  • Super Lawyers
  • 2016
  • AV Rated
  • Martindale-Hubbell
  • 2012
  • America's Leading Lawyers for Business
  • Chambers USA
  • 2012
  • Super Lawyer
  • New York Super Lawyers
  • 2012
  • Super Lawyer
  • New York Super Lawyers
  • 2011
  • America's Leading Lawyers for Business
  • Chambers USA
  • 2011
  • America's Leading Lawyers for Business
  • Chambers USA
  • 2010
  • America's Leading Lawyers for Business
  • Chambers USA
  • 2009
  • New York Super Lawyers
  • Super Lawyer
  • 2009
  • New York Super Lawyers
  • Super Lawyers
  • 2008
  • New York Super Lawyers
  • Super Lawyers
  • 2007
  • One of New York's Best Real Estate Attorneys
  • Habitat Magazine
  • N/A
View all awards

Publications

  • New York Law Journal
  • Reviewing New York’s Commercial Lease Defenses to Paying Rent
  • 2020
  • John A. Wiley and Sons
  • Finding the Uncommon Deal: A Top New York Lawyer How to Buy a Home for the Lowest Possible Price
  • 2011
View all publications

Speaking Engagements

  • Real Estate Titles: The Practice Of Real Estate Law
  • Real Estate Titles: The Practice Of Real Estate Law
  • 2022
  • Georgetown Law Advanced Commercial Leasing Institute
  • Teetering on a Cliff: Dangerous Default Provisions
  • 2022
  • Columbia Law School Real Estate Finance Class
  • The Most Important Cases that Every Transactional Attorney Must Know to Represent Clients Effectively
  • 2022
  • Syracuse University Law School NYCEx
  • Closing Lecture
  • 2018
  • DE Legal Series
  • The Greatest Mistakes Brokers and Lawyers Have Made in My 24 Years of Closing Deals
  • 2018
  • New York State Bar Association
  • Easements, Adverse Possession and Arcane Laws to Overcoming Building Obstacles
  • 2017
View all speaking engagements

Attorney endorsements

Received (3)
Given (0)
Endorse Adam
Real estate Attorney | Aug 18
Relationship: Worked for lawyer
"Adam has built one of the most formidable law firms in New York City. If you hire Adam, know that you have a warrior on your side who will fight tirelessly to get you the best possible outcome. His commitment to go above and beyond is an inspiration."
Litigation Attorney | Jan 12
Relationship: Worked together on matter
"I have known Adam for years. He has built a hugely thriving practice through hard work, determination and skill. He achieves remarkable results for his clients. I wholeheartedly endorse him."
Real estate Attorney | Mar 23
Relationship: Fellow lawyer in community
"Adam is a great attorney who inspired me to work as hard as he does. Adam is personable, dedicated, and only settles for the best."
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New York Real estate Lawyer Adam Leitman Bailey
Adam Leitman Bailey
Real estate Attorney
New York, NY
Licensed for 28 years
This lawyer was disciplined by a state licensing authority in 2019. See details