Corcoran Found Negligent in Park Slope Condo Sale
What do you do if you’re trying to sell an apartment with water leaks but don’t want potential buyers to know? Just make sure not to show it on rainy days! That’s the tactic some Corcoran agents were accused of in a suit involving the sale of a condo unit at 357 4th Street in…
What do you do if you’re trying to sell an apartment with water leaks but don’t want potential buyers to know? Just make sure not to show it on rainy days! That’s the tactic some Corcoran agents were accused of in a suit involving the sale of a condo unit at 357 4th Street in Park Slope, and now the firm itself has been found “grossly negligent” and fined $35,000 by the judge in the case for failing to preserve and hand over emails that would allegedly confirm that Corcoran agents cancelled appointments on rainy days. Meanwhile, the case itself, which involves almost a million dollars in potential construction fixes and total damages of $5 million, continues on.
State Supreme Court Rules Corcoran “Negligent” [TRD]
E-mail Shows Couple’s Suit vs. Corcoran Group Holds Water [NYDN]
You mean there are shady Real Estate Brokers out there??
“Hiring an engineer is something different, but why should you have to hire an engineer to look at a new condo that has just received its C of O?”
Looked at a lot of new condos in old buildings/new dev and many couldn’t hang the gd bathroom cabinent straight.
Check out this list of complaints dealing with water and flooding dating back to 2007. Stop Work Order Violations for flooding related problems ect…
http://a810-bisweb.nyc.gov/bisweb/ComplaintsByAddressServlet?requestid=1&allbin=3391023
So who actually did the work?
Name: Daniel Bernstein
Business Name: Kutnicki Bernstein Architects Business Phone: 212-431-5552
Business Address: 434 BROADWAY, 4TH FLOOR NY NY 10013
PAUL KATSAROS Tracking No: GC
Business: SPRING DEVELOPMENT & CONST CORP Phone: 212-924-1520
141 WEST 36TH ST.19TH FLR NY NY 10018
I’m missing something. I love hating on Corcoran as much as anyone, but we are talking about “alleged” emails. If the emails were not turned over, how is anyone sure what was included in them?
How about clawing back on some of these ill gotten gains all these blood sucking brokers made? When is came to pumping and dumping Corcoran was king during the housing bubble.
Home Inspectors are just as much of a fraud. They won’t even do the job unless you sign a waiver that says their maximum liability is their fee.
Hiring an engineer is something different, but why should you have to hire an engineer to look at a new condo that has just received its C of O?
Presumably the builder also had Completed Operations coverage and their insurance company is on the hook too. This is an easy check when you are buying a new condo. Make sure they had decent Completed Operations coverage in their insurance policy.
i never have sympathy for people like this with more money than common sense.
*rob*
Plus the other contruction defects worth 880K. If they did spend $400 on an inspection then I would hope they’re named in the suit as well.
chicken, do all the justices in all the courts in the UK still wear powdered wigs???