Tag: Adam Leitman Bailey

Law & Legislation
2013 June Listen Up!

 While some condos and co-ops are lucky enough to have lawyers serve as members  of their board, the majority of boards don’t have an in-house legal expert. They often reach out to their attorney to  answer questions, vet documents and sen…

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Law & Legislation
2013 June Handling Second-Hand Smoke Complaints

 Some of the most intense combat occurring in modern times is not that which has  taken place on battlefields, such as at Normandy, Pork Chop Hill, or in the la  Drang Valley, or currently in the mountains of Afghanistan, but rather in the…

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Law & Legislation
2013 April Your Building Counsel

 Abraham Lincoln once said, “Discourage litigation. Persuade your neighbors to compromise whenever you can.  As a peacemaker, the lawyer has superior opportunity of being a good man. There  will still be business enough.”    Certain…

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Law & Legislation
2013 March Laws Versus Rules

 New York's co-ops and condos are both governed by a multitude of laws and rules.  For co-ops, the primary governing documents are the bylaws and the proprietary  lease. For condos, they are the condominium declaration and, once again, the…

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Board Operations
2013 February Breaking Bad

 As the old adage goes, one bad apple can upset the apple cart. The same theory  holds true for residents who choose to ignore bylaws or house rules, even if  they are well-intended and in place to serve the greater good of the community. …

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Law & Legislation
2013 February Applying the Business Judgment Rule

 Recently, the Appellate Division First Department, in Fletcher v. Dakota, Inc.,  involving a shareholder in The Dakota, a historic luxury co-op on the Upper  West Side, held that the business judgment rule does not protect individual  con…

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Board Operations
2012 November You're In Charge Now

Launching a successful business requires talent, the commitment of many people, dedication and of course, a clear cut plan and strategy. Just like launching a business, a co-op or condo needs this kind of support when it makes the tran…

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Board Operations
2012 September Board Members for Life

 It is one of life’s eternal questions: is it possible to have too much of a good thing? That  question certainly can apply to the matter of long-serving board members: those  individuals who get elected and re-elected term after term and …

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Management
2012 July Dealing with Commercial Tenants

 In the typical suburban condo development, one must go to another location to  shop— maybe to the mini-mall, or the big box store down the road. But in New York  City co-ops and condos, stores are often found on the ground floor—supermark…

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Law & Legislation
2012 June Legal Legends

They say there are eight million stories in the naked city, and when you’re an attorney working for a co-op or condo in New York, you may find that some of the best of them are happening to you. While some may think that handli…

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