Jump to content

Adam Leitman Bailey: Difference between revisions

Edit links
Page extended-protected
From Wikipedia, the free encyclopedia
Browse history interactively
← Previous editNext edit →
Content deleted Content added
VisualWikitext
Qworty (talk | contribs)
13,129 edits
→‎Park51 Ground Zero mosque: Use of the word "mosque" here is inaccurate and inflammatory
Qworty (talk | contribs)
13,129 edits
Line 22: Line 22:


==Park51 Ground Zero mosque==
==Park51 Ground Zero mosque==
[[Park51]] was a planned controversial Muslim community center and mosque located near the site of the [[World Trade Center]]. <!-- Commented out: [[File:AdamBaileyontheOreillyshow.jpg|thumb|right|Adam Bailey debates [[Bill O'Reilly (political commentator)|Bill O'Reilly]] on the [[O'Reilly Factor]], on July 22, 2011]] --> A former firefighter, Timothy Brown sued to prevent construction of the community center so close to the site of of the 9/11 terrorist attack.<ref>{{cite news|last=Moynihan|first=Colin|title=Fight on Islamic Center Flares Anew as Ex-Firefighter Take His Case to Court|url=http://www.nytimes.com/2011/03/16/nyregion/16mosque.html|accessdate=July 19, 2011|newspaper=[[The New York Times]]|date=March 15, 2011}}</ref> On a pro-bono basis, Bailey represented the community center, and in July 2011 the [[New York Supreme Court]], held that Park51 would be permitted to build its proposed community center.
[[Park51]] was a planned controversial Muslim community center and mosque located near the site of the [[World Trade Center]]. <!-- Commented out: [[File:AdamBaileyontheOreillyshow.jpg|thumb|right|Adam Bailey debates [[Bill O'Reilly (political commentator)|Bill O'Reilly]] on the [[O'Reilly Factor]], on July 22, 2011]] --> A former firefighter, Timothy Brown sued to prevent construction of the community center so close to the site of of the 9/11 terrorist attack.<ref>{{cite news|last=Moynihan|first=Colin|title=Fight on Islamic Center Flares Anew as Ex-Firefighter Take His Case to Court|url=http://www.nytimes.com/2011/03/16/nyregion/16mosque.html|accessdate=July 19, 2011|newspaper=[[The New York Times]]|date=March 15, 2011}}</ref> On a pro-bono basis, Bailey represented the community center, and in July 2011 the [[New York Supreme Court]] held that Park51 would be permitted to build its proposed center.


==Trump Soho==
==Trump Soho==

Revision as of 04:42, 28 September 2012

Adam Leitman Bailey
Adam Leitman Bailey
Born (1970-04-27) April 27, 1970 (age 54)[1]
Bayside, Queens[1]
Alma materRutgers University
Syracuse University College of Law (J.D.)
OccupationAttorney
Websitewww.alblawfirm.com

Adam Leitman Bailey is an New York City based lawyer who practices residential and commercial real estate law as founder of Adam Leitman Bailey, P.C. He has engaged in several notable legal cases.[1][2][3][4] He has been described as "one of the most controversial figures in New York Real Estate." [1] The Martindale-Hubbell peer review system gave Bailey an AV rating, its highest category.[5]

Background

Bailey was born in Bayside, Queens.[1] His grandfather was a taxi driver in New York City.[6] He moved to California at the age of five and later moved back to New Milford, New Jersey, where he graduated from New Milford High School (New Jersey).[7] He graduated with honors from Rutgers University and Syracuse University College of Law,.[8]

Save Harlem

In 2008, Bailey formed a non-profit entity known as "Save Harlem" to challenge certain zoning changes being proposed by the City of New York and to serve as lead plaintiff in a challenge to the proposed demolition of a two story building at 125th Street and Frederick Douglass Boulevard, and its development as a shopping center.[1][6][9] Bailey proposed legislation that would prevent the demolition, and early in 2008, Save Harlem, along with several building tenants (forming a group known as the Coalition to Save Harlem) sued, eventually setting for more than $1 million and gaining the right of the tenants to remain in the building.[10]

Park51 Ground Zero mosque

Park51 was a planned controversial Muslim community center and mosque located near the site of the World Trade Center. A former firefighter, Timothy Brown sued to prevent construction of the community center so close to the site of of the 9/11 terrorist attack.[11] On a pro-bono basis, Bailey represented the community center, and in July 2011 the New York Supreme Court held that Park51 would be permitted to build its proposed center.

Trump Soho

Trump SoHo New York,[12] is a $450 million, 46 story, 391 unit hotel condominium in SoHo, New York City. In February 2011, several prospective buyers of condominiums in the building, including French soccer star Olivier Dacourt, sued the developers in Federal court, claiming that they had been tricked into buying the condos by the "deceptive" sales figures, and that the number of apartments sold at Trump Soho had been "fraudulently misrepresented." The plaintiffs were represented by Bailey. Ultimately the suit was settled, with plaintiffs recovering a "staggering" 90% of their deposits.[13] Bailey said of the settlement, “We are not superheros -- we simply got Trump SoHo to do the right thing in a very difficult case.”[13]

Before the settlement, the Wall Street Journal reported that the owners of Trump SoHo were offering buyers partial refunds on their deposits if they agreed not to participate in the plaintiffs' lawsuit.[14]

Interstate Land Sales Full Disclosure Act of 1968 (ILSA) cases

A Greek shipping executive and his wife, represented by Bailey, attempted to take back their deposit and refuse to close on a $3.5 million condominium due to the downturn of the real estate market.[15] The plaintiffs argued that the building did not meet the requirements of the Interstate Land Sales Full Disclosure Act of 1968.[4][15] A federal judge eventually ordered return of the couple's full deposit, plus interest.[16] Bailey said that the decision "allows every buyer in a newly constructed condominium which has sold more than 100 units within the last few years to obtain a refund of their downpayment".[4][17]

Bailey employed the same theory in representing purchasers in Sky View Parc, a $1 billion condominium complex in Queens, where he won the largest residential condominium settlement in New York history.[18][19] The condominium was ordered to refund 75% of the $5 million in down payments to the buyers who ended up backing out of the $50 million project.[20]

Tactics

Bailey's tactics in these and similar cases created some measure of controversy within the New York City real estate bar. While local attorneys acknowledge Bailey's acumen and persistence, he has also been described as an "ambulance chaser" and "marketer and self-promoter more than a legal virtuoso".[1][21]

Writing

In 2011, Bailey wrote the New York Times best seller Finding The Uncommon Deal: A Top New York Lawyer Explains How to Buy a Home for the Lowest Possible Price.[22]

References

  1. ^ a b c d e f g Taylor, Candace (June 1, 2010). "Public Enemy No. 1 for Developers". The Real Deal. Retrieved July 19, 2011.
  2. ^ Walker, Joe (October 23, 2009). "State Accord Bans Sales of Homes By Developer". The New York Times. Retrieved July 19, 2011.
  3. ^ Grey, Liana (1 August 2012). "Lawyer not to be judged by his cover". Real Estate Weekly. Retrieved 10 September 2012.
  4. ^ a b c Geiger, Daniel (8 August 2012). "The 15 Most Fascinating New York Real Estate Cases of the 21st Century". Commercial Observer. Retrieved 10 September 2012.
  5. ^ http://www.martindale.com/Adam-Leitman-Bailey/467155-lawyer.htm?view=cr
  6. ^ a b "Should All of 125th Street Be Declared Historic?". The New York Times. February 21, 2008. Archived from the original on June 24, 2011. Retrieved July 19, 2011. {{cite news}}: Unknown parameter |deadurl= ignored (|url-status= suggested) (help)
  7. ^ "New Milford Distinguished Alumni". Retrieved July 19, 2011.
  8. ^ "Syracuse University College of Law". Retrieved July 19, 2011.
  9. ^ http://www.villagevoice.com/2007-12-04/news/zoned-out/
  10. ^ Elkies, Laurie (July 3, 2008). "Harlem Businesses Settle Suit Against Kimco". The Real Deal. Retrieved July 19, 2011.
  11. ^ Moynihan, Colin (March 15, 2011). "Fight on Islamic Center Flares Anew as Ex-Firefighter Take His Case to Court". The New York Times. Retrieved July 19, 2011.
  12. ^ Kaysen, Ronda (2006-06-06), "Trump fires up new plan for Hudson Square hotel", The Villager
  13. ^ a b Cuozzo, Steve (2011-11-03), "Occupy Spring St.: Trump SoHo to give 90% refunds on deposits", The New York Post
  14. ^ Karmin, Craig (2010-11-17), "Trump Project Refunds Money", Wall Street Journal, retrieved 2011-01-11
  15. ^ a b Haughney, Christine (October 20, 2010). "After Bust, Using '60's Law to Get Out of Condo Deals". The New York Times. Retrieved July 19, 2011.
  16. ^ Barbanel, Josh (September 23, 2010). "Buyer's Remorse Gets Lift". The Wall Street Journal. Retrieved July 19, 2011.
  17. ^ Weiss, Debra Cassens (23). "Condo Deposit Decision Could Chill Condo Development Nationwide, Lawyers Say". American Bar Association Journal. Retrieved July 19, 2011. {{cite journal}}: Check date values in: |date= and |year= / |date= mismatch (help); Unknown parameter |month= ignored (help)
  18. ^ http://therealdeal.com/newyork/articles/settlement-sees-75-percent-refunds-for-sky-view-parc-buyers-in-flushing
  19. ^ Barbanel, Josh (November 16, 2010). "Buyers Balk, Claiming No Loans". The Wall Street Journal. Retrieved July 19, 2011.
  20. ^ Cuozzo, Steve (July 10, 2011). "Condo Can't Do". The New York Post. Retrieved July 19, 2011.
  21. ^ Geiger, Daniel The brouhaha behind the Ground Zero mosque introduced Adam Leitman Bailey to the world. So what’s next for real estate’s most public attorney?, New York Observer, February 2012
  22. ^ "Paperback Business Best Sellers". The New York Times. May 1, 2011. Retrieved July 19, 2011.

Template:Persondata

Retrieved from "https://en.wikipedia.org/w/index.php?title=Adam_Leitman_Bailey&oldid=514941731"