Adam Leitman Bailey

All you want to know about Adam Leitman Bailey

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Adam Leitman Bailey is a real estate attorney and principal of the real estate law firm Adam Leitman Bailey, P.C. He is considered one of New York City’s best real estate attorneys as a result of his trial skills and drafting of leasing agreements giving greater protections to property owners and commercial tenants. [1]

Contents

Litigation

Bailey has prevailed in the court room in a number of significant real estate cases including a case that led to changes in the way deeds are recorded,[2], an important case setting new rules for commercial real estate joint venture agreements [3],. , as well as defeating a motion to dismiss on a case of first impression involving the limited liability company law [4]. He has also provided a voice for the needy against the powerful.

Leasing Agreements

Mr. Bailey has written and drafted agreements that have been widely adopted by the real estate industry have given property owners greater and more powerful tools when dealing with defaulting tenants. Other clauses provide tenants with protection against overreaching landlords. The contents of these agreements have been presented to the real estate via Mr. Bailey’s columns in the New York Law Journal and Commercial Leasing Law & Strategy, and his frequent lectures to attorneys [5]

In April, 2008, Bailey revolutionized residential leasing. The nation's leading publisher of forms, Blumberg Legal Forms, has selected Bailey to draft new forms for publication which will be the first major revision of lease forms in the last quarter century.[6] As stated in a Blumberg form press release [7]

From BlumbergExcelsior Inc. press release dated April 1st, 2008-, BlumbergExcelsior Inc., a leading supplier of online law forms, has introduced new comprehensive lease forms drafted by prominent real estate attorneys Adam Leitman Bailey and Dov Treiman of Adam Leitman Bailey, P.C. According to Bob Blumberg, President and Chief Executive Officer at BlumbergExcelsior, Inc., "These new lease forms account for changes and developments in the law during the last quarter century. Each comprehensive form better protects and secures property owners' rights and also adapts the lease to current technological changes affecting property owners. By using these forms, property owners will be better able to increase and maintain rental income as well as comply with all applicable laws." These forms provide Blumberg customers with lease provisions to facilitate the eviction of tenants who chronically pay rent late, harbor pets illegally or refuse to vacate after the termination of the lease. These leases also regulate acceptable noise levels- including musical instruments and sound producing electronic devices; prohibit or regulate smoking; and include measures to decrease the proliferation and spread of mold. "Blumberg's legal team in conjunction with prominent real estate attorneys from Adam Leitman Bailey, P.C. have put together the most remarkable lease agreements that will certainly better protect property owners" noted Mr. Blumberg. [7]

Mr. Bailey has also drafted four New York and national residential lease agreements that were released nationwide in March 2008.

Real Estate Weekly noted in an article entitled "New Rental Lease Eliminates Late Paying Loop Hole for Tenants. Famous for His Tenant Representation, the Document is Still One of Adam Leitman Bailey's Proudest Accomplishments", that "a new residential lease that Bailey play a central role in drafting will be something that landlords thank him for. The new document eliminates an annoying loophole for landlords, in which market rate tenants who habitually pay their rent late can head off eviction by settling their tab before the court proceedings begin." [8]

The Insider’s Best Commercial Lease Clauses Published by Vendome Group, LLC, this book includes interviews and model lease clauses drafted by Adam Leitman Bailey as well other prominent real estate attorneys throughout the United States of America. [9]

Honors

In 2007, Mr. Bailey was identified in the top 5 percent of attorneys in the New York area and named a Super Lawyer by Law & Politics magazine. On July 5, 2006, Real Estate Weekly noted that "Adam Leitman Bailey has made a name for himself with his success winning cases in the courtroom," while on February 1, 2005, the New York Real Estate Journal called him "one of New York's best real estate attorneys" and WPIX-TV referred to him as one of New York's "prominent real estate attorneys." [10]

On August 28, 2001, Dateline NBC featured Mr. Bailey’s negotiating ability on national television and called him, "aggressive, tenacious and smart," while the executive director of the Washington Post thanked him for his "wonderful legal and practical help and effectiveness." [11]

2007 Super Lawyer

Adam Leitman Bailey became one of 223 New York metro area real estate attorneys to receive Super Lawyer honors. Law & Politics magazine identified the top 5 percent of attorneys in the New York Metro area based on an independent survey of nearly 90,000 attorneys Martindale-Hubbell AV Rating [12] Mr. Bailey’s law firm, Adam Leitman Bailey, P.C. received an “AV” Rating by Martindale-Hubbell, the country's preeminent lawyer rating service. An "AV" rating signifies a firm that has "achieved the highest levels of professional skill and integrity."

Author and Columnist

Member and Columnist, Board of Editors, Commercial Leasing Law & Strategy Mr. Bailey writes for this national publication he proposes ways to draft better leases and analyzes commercial leasing for the real estate industry. [13]

Columnist, Adam Leitman Bailey writes a real estate column for the New York Law Journal which he has used to improve and better real estate law. His columns have included: “Right of First Refusal - In Pursuit of an Effective, Litigation-Proof Proviso”, “Default Clauses - Better Drafting Can Forestall Problems”, “Self-Help Evictions”, “Tenant Protection”, “Commercial Property – Landlords May Entirely Eliminate Leasing”

Early life

Adam Leitman Bailey was born on April 27, 1970 in Bayside, Queens[12]. In 1976, following his parent's fierce divorce battle, Mr. Bailey moved to Canoga Park, CA where he attended Winnetka Avenue Elementary School followed by John E. Sutter Junior High School.

In 1983 he and his family moved to New Milford, New Jersey where he attended New Milford High School. He later attended Rutgers College where he received his BA in Political Science. Mr. Bailey then earned his JD from Syracuse University College of Law. Mr Bailey was recently invited back to New Milford High School to present the commencement address to the 2008 graduating class.[1]

Education

REFERENCES

1. http://www.lawyers.com/New-York/New-York/Adam-Leitman-Bailey-467155-a.html

  http://www.alblawfirm.com/news/article.php?id=84
  http://www.alblawfirm.com/news/article.php?id=148                      
  http://en.wikipedia.org/wiki/Syracuse_University_College_of_Law#Notable_alumni_and_faculty
  http://www.alblawfirm.com/superlawyer.php
  http://www.alblawfirm.com/news/videos/20060601_WB11_256k.wmv

2. http://nycourts.gov/reporter/slips/16934.htm

3. “Court Decisions: Statute of Frauds Does Not Bar Oral Agreement For Joint Venture Dealing With Realty Purchases,” New York Law Journal, June 10, 2004, Volume 23, No. 111

4. “Court Decisions: Adam Leitman Bailey, P.C. Saves ase Despite Failure of Company to Publish Notice of Limited Liability Company,”New York Law Journal, September 14, 2004.

5. https://www.abcny.org/cle/pdf/01_07/012207.pdf

6. http://www.blumberglegalforms.com/Forms/3210.pdf

7. http://www.blumberg.com/invoice.cgi?rm=view_cluster;cluster_id=1528446

8. http://www.rew-online.com/news/story.aspx?id=294

9. http://www.vendomegrp.com/index.asp?PageAction=VIEWPROD&ProdID=15

10. http://www.alblawfirm.com/news/videos/20060601_WB11_256k.wmv

11. http://www.youtube.com/results?search_query=adam+leitman+bailey&search_type=&search=Search

12.http://www.superlawyers.com/new-york-metro/lawyer/Adam-Leitman-Bailey/c442985d-288c-4e39-83c1-c6623d314143.html

13. http://www.lawjournalnewsletters.com/newsletters/home/ljn_commleasing.html

14. http://cityroom.blogs.nytimes.com/2008/02/21/should-all-of-125th-street-be-declared-historic/

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