Adam Leitman Bailey, P.C.

Adam Leitman Bailey, P.C. By uniting many of the best real estate attorneys of our generation, Adam Leitman Bailey, P.C. At the same time, Adam Leitman Bailey, P.C.

has become one of New York’s most prominent real estate law firms. On January 3, 2000, starting from scratch, Adam Leitman Bailey opened the doors to the firm bearing his name. Bartering a small law office in exchange for providing legal services for his landlord, Bailey pledged to become the best law firm in New York 1) by only taking on business where he believed he was possibly the best lawyer

for the case or deal and 2) by creating a level of client service surpassing that of all other law firms. Less than a year after opening its doors, Bailey’s firm hired its first employee, Nancy Fernandez, who today is the firm’s Chief Paralegal. One year later, John Desiderio joined the firm as counsel, thus moving the institution from a man with a desk to a law firm with a multi-talented staff. While keeping the focus on getting results for its clients, Bailey’s firm continued recruiting talented attorneys for its expanding practice. Bailey realized that the only way to realize his dream of having New York’s best law firm would be to hire New York’s most talented real estate attorneys. In addition, although many of these attorneys previously performed many legal tasks, at Adam Leitman Bailey, P.C. they were asked to only practice the type of law where they were renowned for their talents, whether their exceptional skill be trying cases, writing briefs, performing closings, drafting commercial leases or overseeing corporate governance. attorneys all adopted Bailey’s original client service policies — notably returning every telephone call within 24 hours and utilizing computerized systems tracking the status of every case and matter, so that the status could be shared with clients upon every new occurrence. Fortunately, the firm grew and the greatness that was now second nature to its established attorneys and staff readily spread to the younger associates and newly minted partners. With these expansions, the Bailey firm acquired the ability to find numerous ways to economize on behalf of its clients — consigning routine tasks to support staff, having simpler legal work performed by younger associates, and reserving direct partner-level participation for those tasks calling for that level of skill and experience. Under these philosophies providing the highest possible legal service at the most reasonable possible cost, sixteen years later the firm has expanded to 23 attorneys and 34 employees including some of the most renowned names in the industry.

Adam Leitman Bailey, P.C. prevails at trial after defeating its adversary by using the rules of evidence to its favor.In...
09/03/2026

Adam Leitman Bailey, P.C. prevails at trial after defeating its adversary by using the rules of evidence to its favor.

In a highly contentious matter, a Unit Owner in a Condominium, sued his property management company, alleging that they instructed the superintendent to discard of the Unit Owner’s personal property. In support of the Unit Owner’s claim, he submitted documentary “evidence” that his lessee misunderstood where he could store his personal property in the building’s storage room. Because of this alleged misunderstanding, the lessee purportedly called upon the property management company to remove all personal property belonging to the Unit Owner.

Read more: bit.ly/property-lawsuit-defense

We work really hard for our clients. Late nights, all hours, sweating to produce a good product. Missing time with our f...
09/02/2026

We work really hard for our clients. Late nights, all hours, sweating to produce a good product. Missing time with our family and friends. Always thinking about how to win the case or motion or close a deal. Always putting the client above ourselves. We are honored to announce Adam Leitman Bailey and Jeffrey R. Metz' recognition as Best Lawyers in America and Ben Rose's recognition as Best Lawyers: Ones to Watch in America for Real Estate Law. We congratulate the lawyers everywhere who have won and put it all on the line with their sweat and creativity.

Read the full recognition here: https://bit.ly/best-lawyers-america

Adam Leitman Bailey, P.C. helped save the development of one of the last major undeveloped sites in Hudson Yards by loca...
09/01/2026

Adam Leitman Bailey, P.C. helped save the development of one of the last major undeveloped sites in Hudson Yards by locating an elusive neighboring property owner and securing ex*****on of critical zoning and development documents necessary to preserve a project placing more than $75,000,000 at stake.⁠

Our client, a well-established real estate investment and development company with a substantial New York portfolio, owned one of the final large undeveloped parcels in Hudson Yards and had spent nearly two decades planning and designing a major mixed-use residential and commercial tower on the site. The property, currently operating as a surface parking lot, had long been viewed as one of the area’s most valuable remaining development opportunities.⁠

Read more: https://bit.ly/hudson-yards-victory

"When I first opened our firm almost 27 years ago, winning an award from Crain's was the gold standard and the highest h...
08/31/2026

"When I first opened our firm almost 27 years ago, winning an award from Crain's was the gold standard and the highest honor in my world. And the issue everyone read was their 40 under 40 list. Many people whom I admired made the list. Although being told I was a finalist a few times, I never made the list. Life went on, but I am very grateful to Crain's for today's honor. It means the world to me, as I have been a big fan and subscriber of Crain's for decades." - ALB

Read the full award here: https://bit.ly/alb-notable-leader-crains

The Martin Act (General Business Law [“GBL”] §352[1][a]) requires sponsor developers of newly constructed condominiums a...
08/12/2026

The Martin Act (General Business Law [“GBL”] §352[1][a]) requires sponsor developers of newly constructed condominiums and cooperative apartments to file an offering statement with the attorney general which discloses such information as is prescribed by the Attorney General in rules and regulations adopted under GBL §352-3(6)) “as will afford potential…purchasers…an adequate basis upon which to found their judgment and shall not omit any material fact or contain any untrue statement of a material fact.” Kerusa Co. LLC v/ W10Z/515 Real Estate Limited Partnership, 12 NY3d 236, 243 (2009) (Emphasis added).

The attorney general’s regulations detail the content and format of the offering plans and filings, “including the word-for-word representation that must be made in the certification to be sworn by the sponsor and the sponsor’s principals in the offering plan [13 NYCRR 20.4[b]).” (Emphasis added).This article will examine the evolving nature of New York court opinions, over more than two decades, which have construed and applied the “word-for-word” sponsor certification; first, from being applied in accordance with the plain language of the statute, but then becoming almost a bullet proof shield against allegations of common law fraud, to finally, more recently being a shortcut to sponsor’s and sponsor principals’ liability.

Read more: https://bit.ly/offering-plan-certifications

Adam Leitman Bailey and Jeffrey R. Metz, Adam Leitman Bailey, P.C. partners, have been considered among the nation’s pre...
08/10/2026

Adam Leitman Bailey and Jeffrey R. Metz, Adam Leitman Bailey, P.C. partners, have been considered among the nation’s premier real estate attorneys, earning recognition in the 2026 Lawdragon 500 Leading Real Estate Lawyers guide. This distinction reflects their decades of success representing clients in some of New York’s most significant real estate litigation and development matters, as well as their longstanding impact on the practice of real estate law. Read the full award here: https://bit.ly/lawdragon-2026-alblaw⁠
⁠
The Lawdragon 500 is prestigious because it uses a rigorous, independent journalistic vetting process rather than a pure pay-to-play or peer-nomination model. It highlights an elite cross-section of corporate defense, plaintiff advocacy, and litigation leaders chosen from hundreds of thousands of U.S. attorneys, making a spot on the list a marker of true career achievement. ⁠

Key Reasons for Importance:⁠
- Journalistic Rigor: Founded by legal journalists, the selection relies on extensive reporting, peer and client interviews, and tracking major trial outcomes or deal-making.⁠
- High Scarcity: Limiting the flagship list to only 500 attorneys nationwide out of hundreds of thousands of licensed lawyers creates genuine market exclusivity. ⁠
- Broad Recognition: It spans diverse practice areas—from corporate restructuring and global litigation to consumer and financial plaintiff work—earning respect from major law firms and corporate general counsels. ⁠
- Focus on Longevity & Leadership: Honorees typically require 15+ years of standout practice and demonstrated leadership within the bar or their firms.

As part of New York’s Fiscal Year 2027 Budget, New York State has enacted a new annual “pied-à-terre” tax on certain hig...
07/31/2026

As part of New York’s Fiscal Year 2027 Budget, New York State has enacted a new annual “pied-à-terre” tax on certain high-value residential properties located in New York City not used as a taxpayer’s primary residence. The 2026-2027 New York State Budget Bill has officially added a “City Surcharge on Property That Does Not Serve as a Primary Residence.”

To learn more, read the full article on our website: https://bit.ly/ny-pied-a-terre-tax

Read Best Lawyers' new article on how Adam Leitman Bailey's Persistance and Humility Helped Save a $100 million developm...
07/24/2026

Read Best Lawyers' new article on how Adam Leitman Bailey's Persistance and Humility Helped Save a $100 million development without litigation. See the full article here: https://bit.ly/saving-100m-development

Being the attorneys for so many buildings that rent out our apartments and knowing the anxiety of renting in this high-p...
07/23/2026

Being the attorneys for so many buildings that rent out our apartments and knowing the anxiety of renting in this high-priced, limited-inventory market, I wanted to share a story from a prominent attorney and former law clerk about his experience renting his first New York City apartment. ⁠

"I needed an employment letter to rent an apartment in New York. I was two years out of law school, and the application required that you had to have a letter of reference if you hadn’t had the same job for five years. So I had to call up (Justice Antonin) Scalia: 'Could you please send me a letter confirming I worked for you?' Of course, he got a big chuckle out of that. … [The landlords] thought it was a joke. It did take one or two follow-ups for them to believe that, yes, in fact, I wasn’t being sarcastic."

We are honored to announce that Adam Leitman Bailey P.C. has been recognized in The Legal 500 USA 2027, one of the legal...
07/21/2026

We are honored to announce that Adam Leitman Bailey P.C. has been recognized in The Legal 500 USA 2027, one of the legal profession’s most respected independent guides for outstanding law firms and attorneys.

This recognition reflects our commitment to providing exceptional legal representation, strategic advocacy, and outstanding client service.

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