Introduction
In the intricate and often contentious world of real estate law, few names resonate as strongly as Adam Leitman Bailey. A renowned figure in the legal community, Bailey has carved a niche for himself through his adept handling of high-profile cases and his unwavering commitment to justice. Born in 1970 in Bayside, Queens, his journey from the streets of New York to becoming one of the city’s most formidable real estate attorneys is a tale of perseverance and innovation.
Bailey’s career is marked by his involvement in landmark cases, his role in advocating for community rights, and his contributions to legal literature. This article delves into the life of Adam Leitman Bailey, offering insights into his professional achievements, personal background, and the financial prowess that underscores his success.
Quick Info Table
| Field | Details |
|---|---|
| Popular As | Adam Leitman Bailey |
| Occupation | Lawyer, Real Estate Specialist |
| Age (as of 2024) | 54 |
| Date of Birth | 1970 |
| Birthplace | Bayside, Queens, New York |
| Birth Sign | Not Publicly Available |
| Nationality | American |
| Ethnicity | Not Publicly Available |
| Religion | Not Publicly Available |
| Net Worth (2024) | Estimated at $10 million |
| School/College | New Milford High School |
| University | Rutgers University, Syracuse University College of Law |
| Notable Works | "Finding The Uncommon Deal", "Home" |
| Spouse | Not Publicly Available |
| Awards | AV rating by Martindale-Hubbell, Recognitions by Chambers & Partners |
Early Life and Education
Bailey’s roots trace back to Bayside, Queens, where he spent his formative years before moving to California. He later returned to the East Coast, settling in New Jersey. His academic journey began at New Milford High School, followed by undergraduate studies at Rutgers University. He then pursued law at Syracuse University College of Law, setting the stage for a career that would see him tackling some of the most challenging legal battles in real estate.
Professional Journey
Founding Adam Leitman Bailey, P.C.
In a city teeming with legal professionals, Bailey distinguished himself by founding Adam Leitman Bailey, P.C., a law firm dedicated to residential and commercial real estate law. His firm quickly gained a reputation for its innovative legal strategies and commitment to client advocacy, often handling cases that shaped the landscape of New York City real estate.
Notable Cases and Legal Strategies
Bailey’s legal acumen is best exemplified by his involvement in several high-stakes cases. He represented clients in the contentious Park51 community center case, securing court approval for its construction despite widespread opposition. Another significant victory was achieved in the Trump SoHo condominium case, where Bailey’s strategic use of the Interstate Land Sales Full Disclosure Act resulted in a settlement that recovered 90% of deposits for his clients.
Community Involvement and Non-Profit Work
Bailey’s impact extends beyond the courtroom. In 2008, he founded Save Harlem, a non-profit organization aimed at challenging zoning changes detrimental to the community. This initiative highlights his commitment to protecting tenant rights and preserving neighborhood integrity.
Authorship and Literary Contributions
Bailey is also an accomplished author. His book, "Finding The Uncommon Deal", received accolades from the National Association of Real Estate Editors. He has also penned a children’s book titled "Home", reflecting his diverse interests and ability to communicate complex ideas in an accessible manner.
Media Appearances
Bailey’s influence reaches into the realm of media, with contributions to the film "99 Homes" and appearances on television programs such as Dateline NBC. These engagements have helped him share his expertise with a broader audience, further cementing his status as a thought leader in real estate law.
Financial Insights
As of 2024, Bailey’s net worth is estimated at $10 million, a testament to his success in the legal field. His firm’s high-profile cases and successful outcomes have undoubtedly contributed to his financial standing. According to sources like xyz.com, Bailey’s strategic investments in real estate and his firm’s consistent performance play significant roles in his financial stability.
Bailey’s earnings are bolstered by his firm’s reputation and the lucrative nature of real estate law in New York City. While precise salary figures are not publicly disclosed, it is evident that his income reflects his expertise and the value he brings to his clients.
Recognition and Awards
Bailey’s contributions have not gone unnoticed. He has been recognized as one of New York’s "Most Powerful Real Estate Attorneys" and a top litigator by Chambers & Partners. His AV rating from Martindale-Hubbell underscores his professional excellence and the respect he commands among peers.
Suspension and Controversy
In 2019, Bailey faced a four-month suspension from practicing law due to undignified conduct. While this incident marked a challenging period in his career, it also demonstrated his resilience and ability to rebound, continuing to excel in his field post-suspension.
FAQs
Q: What is Adam Leitman Bailey known for?
A: Bailey is renowned for his expertise in real estate law, handling high-profile cases, and founding the law firm Adam Leitman Bailey, P.C.
Q: What notable books has he authored?
A: He has authored "Finding The Uncommon Deal" and a children’s book titled "Home".
Q: What was the outcome of the Trump SoHo case?
A: Bailey secured a settlement that recovered 90% of deposits for his clients.
Q: How has Bailey contributed to the community?
A: He founded the non-profit Save Harlem to protect tenant rights and challenge adverse zoning changes.
Q: What challenges has he faced in his career?
A: In 2019, Bailey was suspended for four months for undignified conduct, but he returned to continue his successful legal practice.
Conclusion
Adam Leitman Bailey embodies the qualities of a tenacious and innovative legal professional. His career, marked by significant victories and contributions to community advocacy, paints a picture of a lawyer deeply committed to his craft. Despite facing challenges, Bailey’s resilience and dedication have ensured his place as a leading figure in New York’s real estate legal landscape. Through his work, both in and out of the courtroom, Bailey continues to influence the future of real estate law, advocating for justice and community rights.
About The Author
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