Adam Leitman Bailey Honored with Connect CRE’s 2023 New York & Tri-State Lawyers in Real Estate Award
Connect CRE ’s Lawyers in Real Estate Awards spotlight real estate attorneys who have made an impact through both their practice in real estate-related matters and the contributions they have made as members of the industry and the community.
“Since its founding, the firm has revolutionized the practice of landlord-tenant law and has been at the forefront of efforts to facilitate New York’s foreclosure process (representing lenders). As a creative litigation firm, the firm continues to use legislation and arcane laws to change the marketplace.
The firm’s successes have led to the highest honors and awards from the bar and ranking organizations. Adam Leitman Bailey, PC is the only real estate law firm with under 30 attorneys that has received an AV® Martindale-Hubbell rating, Super Lawyers honors with a Top 100 recognition, Best Lawyers awards for the firm and attorneys, selected among America’s Top 100 Bet-The-Company Litigators, and selection into the Registry of Preeminent Lawyers as well as the American College of Real Estate Lawyers.
Bailey’s community endeavors include involving the firm with Buildings Foundations Inc. He also leads local high school students on historical walking tours of downtown Manhattan. He earned his law degree from the Syracuse University College of Law.”
Actively at the helm of the law firm he built from scratch, Adam Leitman Bailey, Esq. practices residential and commercial real estate law. Among New York’s most successful and prominent real estate attorneys, Mr. Bailey is one of two attorneys from a law firm with less than 30 attorneys that has been ranked in Chambers & Partners, honored with a Martindale-Hubbell “AV” Preeminent rating, a Best Lawyers ranking for himself and his law firm, selected by Super Lawyers as one of New York’s “Top 100” attorneys, a list that included only five real estate law firms’ attorneys and selected among America’s Top 100 Bet-The-Company Litigators.
The internationally esteemed Chambers & Partners has repeatedly selected Mr. Bailey as one of New York’s Leading Lawyers in Real Estate. Chambers & Partners hailed Adam Leitman Bailey as a “tenacious and confident litigator who is quick-witted in court and respected by the judges,” noting that Bailey is “an extraordinary practitioner who gets great results” and quoting a client on Adam Leitman Bailey’s “ability to anticipate things before they happen.” “Clients praise his ‘judgment and knowledge of the field,’ adding: ‘Adam is the person for any sticky situation because he has seen and done everything. He is strategic about litigation.’” “He has been hired to litigate extremely high-profile cases…sources are highly impressed by his courtroom presence.” “You feel like you have a zealous advocate out there working for you, and you never worry about things when they are in his hands.”
A New York State Judge wrote that Adam Leitman Bailey “was the best trial lawyer I saw in my nine years as a Judge in New York City.” A New York State Judge, Kings County, stated that he had known Bailey for fifteen years and “that he is a brilliant lawyer and innovative who always worked zealously on behalf of his clients.” The Commercial Observer named him as one of New York’s Most Powerful Real Estate Attorneys. Real Estate Weekly recognized him as “one of the most respected commercial real estate attorneys in not only New York City, but arguably the country.”
The New York Times referred to his legal strategy and legislation proposed in one case as “novel,” in addition to remarking on another case in which “Adam Leitman Bailey fought on…grinding through excruciating detail and obscure Perry Mason moments.” After Mr. Bailey’s firm used a forgotten statute to prevail in a landmark case, the Wall Street Journal quoted a prominent New York developer’s attorney who called the holding a “game changer” affecting real estate nationwide. In another case hailed as “the city’s largest condo refund ever” (Curbed NY) involving “a settlement likely to send shivers through the ranks of the city’s condo developers” (the New York Post), the settlement he received was the largest condominium settlement in history for one building, and in another transaction, he obtained the largest government grant ($21 million) for a cooperative in New York history. The Commercial Observer ranked another victory among their “15 Most Fascinating New York Real Estate Cases of the 21st Century.” Most recently, Adam Leitman Bailey secured the largest settlement in New York City history for a property casualty law suit.
His success as cooperative and condominium general counsel earned Mr. Bailey recognition in “Who’s Who in Real Estate” by Habitat Magazine. As an assistant adjunct professor at New York University, Mr. Bailey taught commercial and residential landlord-tenant law. Adam Leitman Bailey authored his first book, titled Finding the Uncommon Deal: A Top New York Lawyer Explains How to Buy a Home for the Lowest Possible Price (Wiley, 2011) and most recently became an author and Co-Editor in Chief of Real Estate Titles, The Practice of Real Estate Law in New York. Mr. Bailey has also been elected a Fellow of the American College of Real Estate Lawyers (ACREL), where he serves on the Insurance and Title Insurance committees, and is a former member of the American College of Mortgage Attorneys (ACMA).