New York, NY
Real estate Lawyer at New York, NY
Practice Areas: Real Estate, Litigation ... +12 more
OUTCOME: 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.
Where Adam Leitman Bailey prevailed in a settlement providing millions of dollars to clients based on fraud claims under the Federal Securities Law
OUTCOME: 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.
An adverse possession case of first impression before New York's Appellate Division
OUTCOME: The largest condominium settlement in New York history
Clients of ALB, P.C., have recovered $3.96M in down payments on $50M worth of luxury apartments. The agreement ($3.96M) plus interest for 118 buyers at Sky View Parc, is the largest settlement in NY un ... der the Interstate Land Sales Full Disclosure Act.
OUTCOME: A unit owner sued the board of directors for failing to remediate a construction defect. A unanimous Appellate Division dismissed the condominium board from the lawsuit determining the sponsor was the proper party for the lawsuit.
An Appellate Division decision that finds responsibility for repairs of newly constructed buildings remains with Sponsor instead of Condo Board
OUTCOME:
OUTCOME: NY Recording Act protects a buyer from a prior unrecorded interest in real property. Plaintiff recorded her deed 1 day before defendants Dewey Perone and Josephine Cruz recorded their deed. So the defendants cannot invoke the defense of the recording act.
A noteworthy Appellate Division decision involving an interpretation of the recording statute
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