About Adam Leitman Bailey, P.C.
You might have guessed that Adam Leitman Bailey, P.C. was founded by a trio of lawyers, but the three monikers all belong to one man: Adam Leitman Bailey. Bailey still helms the firm he founded two decades ago. Known for their expertise in New York real estate law, the firm’s attorneys regularly represent clients in real estate disputes as well as leasing and property transactions.
Two Decades of Success
At the dawn of the new millennium, Adam Leitman Bailey opened the doors of the firm by bartering legal services to his landlord in exchange for office space. Bailey vowed to only take on business where he believed he could be the best lawyer for the case or deal. Firm lawyers have all adopted Adam Leitman Bailey’s original client service policies—returning every call within 24 hours and using computerized systems to track the status of every case and matter—and sharing each of those updates with the clients.
While most real estate lawyers focus on transactional work, a good deal of Adam Leitman Bailey attorneys—including Mr. Bailey himself—are courtroom litigators. Firm lawyers have won more than a thousand cases in State, Federal, and Housing court, including more than 250 appellate court cases—many at New York’s highest court, the Court of Appeals. The firm has won New York City’s largest condo refund ever, the largest government grant for a cooperative in New York history, and the largest settlement in city history for a property casualty lawsuit. Other firm victories include preventing the eviction of tenants of the largest residential building in Harlem and winning the rights for the developers to proceed with the so-called “Ground Zero Mosque.”
Always Be Closing
The firm’s expertise goes beyond the courtroom though, as firm lawyers participate in some of New York’s largest and smallest leasing and property transactions. Leases, purchase agreements, and other documents drafted by the firm have been published as legal forms by a number of publishers. Adam Leitman Bailey, P.C. has represented buyers and sellers in nearly every co-op and condo in the city and has worked on the development of projects from four to 400 units in size.
Eat What You Kill
Adam Leitman Bailey attorneys can earn significantly more than their BigLaw counterparts thanks to the firm’s unique revenue sharing program. Every attorney in the firm, associates and partners alike, receive at least one third of the collected billable hours. And firm benefits include bi-weekly “Spa Fridays,” when every employee can get a complimentary manicure or massage in their office.
Adam Leitman Bailey, P.C. always chooses the most talented applicants. Even during the coronavirus pandemic, we have pushed forward and remained resilient. Adam Leitman Bailey, P.C. not only continued to pay salaries, but we are also one of the only firms that hasn’t had to lay off an employee. When interviewing candidates for these positions, we look to see whether they have the potential to be great at our firm. Once we hire someone, the training, mentoring and teaching never stops. We strive for greatness in everything we do and expect our team to do the same. We encourage you to express your opinions and share your ideas to improve our work even during these tough times.
News & Awards
- Adam Leitman Bailey represented prospective buyers of condominiums in the Trump SoHo New York building in suing the building’s developers in federal court on claims that they had been tricked into buying the condos by “deceptive” sales figures. The suit settled, with plaintiffs recovering 90% of their deposits, and had a lasting impact on condo litigation.
- In 2008, Bailey formed a non-profit, "Save Harlem," to challenge zoning changes 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 the development of the site as a shopping center. Save Harlem and several building tenants sued, eventually settling for more than $1 million and the right of the tenants to remain in the building.
- Bailey represented Park51, a planned Muslim community center located near the site of the World Trade Center, on a pro bono basis in a suit to prevent construction of the community center. The New York Supreme Court held that Park51 would be permitted to build its proposed center.
- Bailey used the Interstate Land Sales Full Disclosure Act of 1968 to relieve purchasers of Sky View Parc, a $1 billion condominium complex in Queens, of their contractual obligations to purchase, and obtained the largest residential condominium settlement in New York history. The condominium was ordered to refund 75% of the $5 million in down payments to the buyers who backed out of the project. Bailey has been credited with being the first lawyer to use the law in this fashion—via a loophole Congress later closed—and he employed the same approach in a later case in an appeal of an adverse trial court decision to the U.S. Court of Appeals for the Second Circuit.
- Crain’s best places to work in NYC, 2022—Crain's
- Chambers Associate Elite Top 10 Law Firm for Associate Quality of Life, 2022—Chambers and Partners
- Top 3 Real Estate Law Firm in New York, 2023—New York Law Journal
- Best Law Firm in New York, 2024—Best Lawyers
- Best Law Firm in New York, 2023—Best Lawyers
One Battery Park Plaza, 18th Floor
New York, NY 10004
Phone: (212) 825-0365
Managing & Hiring Partner: Adam Leitman Bailey
Total No. Attorneys (2023):
1 - 50
No. of Partners Named 2023:
Associates: Salary is based on an individualized revenue-sharing program determined by the amount of business brought in.
Chief of Staff
General Recruiting email: firstname.lastname@example.org
No. of U.S. Offices: 1
No. of International Offices: 0
New York, NY
Real Estate Litigation
Condominium & Cooperative Representation
Foreclosure Litigation Group
Title Insurance Claims Group
Insurance Defense Litigation
Purchase and Sale of Homes
Due Diligence & Transactional Risk Assessment
Homeowner and Tenant Associations
Mortgage Finance Practice Group
Bankruptcy & Creditor’s Rights
Commercial Leasing Services
Real Estate Brokerage Litigation
Real Estate Administrative Proceedings
Purchase and Sale of Multi-Family Dwellings & Buildings
*See firm website for complete list of practice areas and industries.