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  • Article

    Local Law 107: Landlords On The Hook For Unlicensed Smoke Shops

    Local Law 107 was recently enacted to prohibit owners of commercial spaces from knowingly leasing to unlicensed sellers of marijuana or tobacco products, and imposing fines of up to $10,000 on landlords...
    United StatesCannabis & Hemp
    Adam Leitman Bailey
    Adam Leitman Bailey
  • Article

    Limited Liability Company Transparency Act

    On June 20, 2023, The New York legislature passed a bill called the LLC Transparency Act which would require the beneficial owners of limited liability companies ("LLC") to disclose their identities.
    United StatesCorporate/Commercial Law
    Adam Leitman Bailey
    Adam Leitman Bailey
  • Article

    Choosing Between Multiple Home Offers

    Purchases and Sales have increased in the last few weeks and the Adam Leitman Bailey, P.C. transactional team is here for it! In fact, several of our selling clients have received multiple offers on their properties.
    United StatesFinance and Banking
    Adam Leitman Bailey
    Adam Leitman Bailey
  • Article

    New York Landlord Obligations In Notifying Residential Tenants Of Flood Risk, History, And Insurance

    Effective June 21, 2023, New York State Real Property Law (Section 231-B) has been amended to require landlords to disclose specific information regarding flood risk...
    United StatesReal Estate and Construction
    Adam Leitman Bailey
    Adam Leitman Bailey
  • Article

    Who Bears Responsibility For Required Condo/Co-Op Apartment Repairs?

    In cases where building management and the unit owner disagree on who bears responsibility for making the repairs and/or who bears the repair costs, the attorney's role...
    United StatesReal Estate and Construction
    Adam Leitman Bailey
    Adam Leitman Bailey
  • Article

    Recently Passed Real Estate Nightmare Legislation

    A review of some of the most noteworthy landlord-tenant related legislation of 2023 and early 2024 involving criminal background checks, stopping short-term tenancies, flood histories and rent ...
    United StatesReal Estate and Construction
    Adam Leitman Bailey
    Adam Leitman Bailey
  • Article

    Foreclosure Abuse Prevention Act In A Nutshell

    In 2022, the New York State Legislature enacted the Foreclosure Abuse Prevention Act (FAPA), thereby amending several interrelated provisions of the Civil Practice Law and Rules...
    United StatesFinance and Banking
    Adam Leitman Bailey
    Adam Leitman Bailey
  • Article

    New Home Construction Issues: 26 Years After 'Fumarelli'

    This article covers developments regarding important questions New York courts have been asked to address, respecting three significant legal issues ..
    United StatesReal Estate and Construction
    Adam Leitman Bailey
    Adam Leitman Bailey

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