On January 9, 2023, a new law known as Local Law 18, also known as the Short-Term Rental Registration law, became effective. This new law requires short-term rental hosts (rentals [...]

Clients have recently inquired about FHA Loans. FHA loans are mortgages insured by the Federal Housing Administration of our government, and may be used to finance a primary residence. Homebuyers [...]

This article dissects the remedy of partition with reference to New York’s scheme. Whether a property owned by two or more tenants-in-common can be partitioned “in kind,” i.e., by physically [...]

Financially qualified cooperative buyers’ applications are being rejected by co-operative boards of directors solely on the basis that the purchase price is too low. Besides causing lost time, money, and [...]

Since the beginning of the COVID-19 pandemic, Adam Leitman Bailey, P.C.’s banking department has been busy serving both our lender and borrower clients with refinancing and purchase closings consisting of [...]

Whether a property owned by two or more tenants-in-common can be partitioned “in kind,” i.e., by physically dividing the real estate or other property interest, or by subjecting it to a [...]