“Q & A: Landlord Raises Garage Rent,” New York Times

Q I have a rent-stabilized apartment with a garage space in New York City. For my upcoming lease, the landlord wants to apply the rent guideline increase of 2 percent or $20, whichever is greater, to the current rent for the garage. A neighbor who rents storage space in the building for $50 a month is also being told that she has to pay the $20 increase ...

Are Landlords Really Responsible for Con-Ed’s Inability to Provide Power?

Q:  Are you saying that whenever a rent regulated tenant loses power because of a widespread power outage that the tenant is entitled to a rent abatement? A:  It has nothing to do with rent regulation.  It’s all about the warranty of habitability.  As to a power outage, it depends on the duration.  For a few minutes, there is no abatement ...

You’re In Charge Now

Transitioning from Sponsor to Board Control By J.M. Wilson <a href=’http://webserver1.net/adclick.php?n=a66d5248′ target=’_blank’><img src=’http://webserver1.net/adview.php?what=zone:38&n=a66d5248′ border=’0′ alt=”></a>   Launching a successful business requires talent, ...

Reaching for the Sun: Is It Possible to Own Too Much Real Estate?

By Al Barbarino 11/13 7:00am   When the credit crisis hit and the real estate market all but collapsed, news of disgraced developers became commonplace, their tales more often than not layered with intrigue. Take Kent Swig, who, after being divorced by his wife, filed an affidavit in May responding to a lawsuit filed by his ex-father-in-law, industry ...

Q & A: The Inquiring Mind- Renting Only to People with Paying Jobs, New York Housing Journal

By Adam Leitman Bailey Q. I want to adopt a policy of renting only to people who have paying jobs. Is this considered a violation of any fair housing laws? A. No, says New York attorney Adam Leitman Bailey. You aren’t discriminating or violating any fair housing laws, as long as you apply your policy consistently by renting only to people with paying ...

Keeping Window Guard Notices, New York Apartment Law Insider

By Adam Leitman Bailey Q. I know that the city’s lead-based paint law requires me to keep the lead-based paint notices I get back from tenants for 10 years. But what about the window guard notices returned by tenants. Am I legally required to keep those returned window guard notices and, if so, for how long? A. The window guard law doesn’t require ...

New York State Bar Association Hosts Webcast for 2,000 Attorneys on How to Assist Superstorm Sandy Victims

ALBANY, NY (11/20/2012)(readMedia)– More than 2,000 people – including attorneys from 28 states and three other countries – participated in a webcast for lawyers seeking to provide legal assistance to victims of Superstorm Sandy. The three-hour program – webcast from the State Bar Center in Albany on November 15 – featured prominent attorneys ...

Lenders can foreclose on properties, even after losing the note

By Adam Leitman Bailey, founding partner, and Jackie Halpern Weinstein, associate, Adam Leitman Bailey, P.C. Prominent real estate attorney Joseph Forte recently wrote about “… the prospect of refinancing nearly $1.8 trillion of existing U.S. commercial real estate debt in the next five years.” In order to complete this task and to ensure that ...

Finding individual tort liability for cooperative and condominium board members, the Appellate Division takes a large scalpel to business judgment rule

By Adam Leitman Bailey and John M. Desiderio (Adam Leitman Bailey is the founding partner of Adam Leitman Bailey P.C., and John M. Desiderio is Chair of the firm’s Real Estate Litigation Group.Colin E. Kaufman, another firm partner, contributed to the insurance issues discussed in the article.) Recently, the Appellate Division First Department, in ...

Residential landlords offer rent abatements to tenants stranded by Sandy

November 08, 2012 05:30PM By Katherine Clarke In the wake of Hurricane Sandy, several of the city’s largest residential landlords have announced that they are providing comprehensive rent abatements to tenants who lost power or water during the storm. Both tenants of luxury and more affordable housing may see some relief. Rose Associates, owner of ...