The Real Deal New York

Posts Tagged ‘Corcoran Group’

  • BrianMeierDottieHerman

    From left: Brian Meier and Dottie Herman

    When sales agent Brian Meier left Douglas Elliman for the Corcoran Group last month, he had 56 pending deals valued at more than $50 million. Terms of his agreement with Elliman dictated that the firm would fork over Meier’s 70 percent commission split when those deals closed.

    But Meier is now accusing Elliman of withholding $1.35 million in commission payments, according to a lawsuit filed Friday in New York State Supreme Court. [more]

    Comments
  • 737 Park Penthouse

    737 Park Avenue on the Upper East Side (inset: Harry Macklowe)

    UPDATED, 5:00 p.m., May 26: Macklowe Properties has sold the penthouse at its 737 Park Avenue condominium project for $32 million – the second priciest penthouse sale ever on Park Avenue. [more]

    Comments
  • Top residential agents of the week

    May 22, 2015 06:00PM
    John Burger and 3 East 80th Street on the Upper East Side

    John Burger and 3 East 80th Street on the Upper East Side

    John Burger of Brown Harris Stevens topped this week’s residential sales with a $19.8 million townhouse on the Upper East Side. Click here to see this listing and more.

    Comments
  • Top residential agents of the week

    May 15, 2015 06:08PM
    From left: Madeline Hult Elghanayan, Sabrina Saltiel and 11 East 68th Street in Lenox Hill

    From left: Madeline Hult Elghanayan, Sabrina Saltiel and 11 East 68th Street in Lenox Hill

    Madeline Hult Elghanayan and Sabrina Saltiel of Douglas Elliman topped this week’s residential sales with a $21 million condo in Lenox Hill. Click here to see this listing and more.

    Comments
  • Top residential agents of the week

    May 01, 2015 06:00PM
    530 Park Avenue in Lenox Hill

    530 Park Avenue in Lenox Hill

    Kiyomi Yamada of Classic Marketing topped this week’s residential sales with a $8.8 million condo at 530 Park Avenue in Lenox Hill. Click here to see this listing and more.

    Comments
  • Newel LLC

    From left: Newel showroom, 425-429 East 53rd Street in Sutton Place, Kathy Bloomgarden, Karen Kemp and Anthony Finno

    An affiliate of Ruder Finn, a New York City-based global public relations firm, acquired a five-story Sutton Place building long occupied by high-end antique and movie prop shop Newel for $30.7 million, with plans to convert it into Ruder Finn’s new headquarters, The Real Deal has learned. [more]

    Comments
  • Top residential agents of the week

    April 24, 2015 06:15PM
    Maria Manuche and 38 East 1st Street in the East Village

    Maria Manuche and 38 East 1st Street in the East Village

    Maria Manuche, formerly of the Corcoran Group (now at Compass) topped the week’s residential sales with a $6.1 million co-op at 38 East 1st Street in the East Village. Click here to see this listing and more.

    Comments
  • Laurence Fink

    BlackRock chair Laurence Fink and gold bullion (credit: Wikimedia)

    New York City real estate has surpassed gold as an “instrument” for the store of wealth, according to head of one of the world’s biggest asset managers.

    Apartments in Manhattan and other cities like London and Vancouver, as well as contemporary art, have usurped gold’s traditional role as an “instrument for the storing of wealth,” BlackRock chair Laurence Fink told the 2015 Credit Suisse Megatrends conference in Singapore on Tuesday. [more]

    1 Comment
  • 72 Mercer Street

    Mike Myers and 72 Mercer Street

    Comedian Mike Myers’ groovy Soho duplex is on the market for just shy of $17 million, with the Austin Powers star seeking a healthy return on the apartment he bought for $8 million eight years ago. [more]

    3 Comments
  • Jake Gyllenhaal

    From left: Jake Gyllenhaal, the four-bedroom unit at 52 Lispenard and Tamir Shemesh

    Actor Jake Gyllenhaal has taken his apartment search to Tribeca, having recently checked out two units at a luxury cast-iron condo conversion at 52 Lispenard Street.

    Gyllenhaal first viewed a three-bedroom, four-and-a-half-bathroom apartment in the building that was asking $7.3 million. The 3,336-square-foot unit is now in contract to a different buyer. [more]

    Comments
  • Top residential agents of the week

    April 10, 2015 06:10PM
    Hilary Landis and 737 Park Avenue in Lenox Hill

    Hilary Landis and 737 Park Avenue in Lenox Hill

    Hilary Landis of the Corcoran Group topped this week’s residential sales with a $12.9 million condo at 737 Park Avenue in Lenox Hill. Click here to see this listing and more.

    2 Comments
  • Barbara Corcoran

    Barbara Corcoran

    Barbara Corcoran and her husband William Higgins have purchased an 11-room penthouse duplex co-op on the Upper East Side for $10 million.

    The Corcoran Group founder, who sold the company that bears her name in 2001, and Higgins, a former FBI agent, bought the penthouse at 1158 Fifth Avenue from interior and landscape designer Pamela Scurry and her husband Richard. [more]

    5 Comments
  • From left:

    From left: Frank Percesepe and Sarah Burke

    Brooklyn’s median sales price shattered a new record during the first quarter, hitting $610,894.

    According to Douglas Elliman’s latest quarterly Brooklyn sales report, that’s a 17.5 percent year-over-year increase from $520,000, and marks 10 consecutive quarters of median price increases. [more]

    Comments
  • From left: Corcoran CEO Pam Liebman, Compass President Leonard Steinberg and CEO Robert Reffkin.

    From left: Corcoran CEO Pam Liebman, Compass President Leonard Steinberg and CEO Robert Reffkin.

    A judge granted a temporary restraining order preventing former Corcoran Group agents who defected to Compass from accessing Corcoran’s listings database.

    The order, issued Tuesday after Corcoran sued Compass for “brazenly and intentionally” poaching its agents, was unsealed Friday, according to lawyers involved. [more]

    18 Comments
  • Compass CEO Robert Reffkin and Corcoran CEO Pam Liebman

    Compass CEO Robert Reffkin (Credit: Michael Toolan) and Corcoran CEO Pam Liebman

    Compass responded Wednesday to the Corcoran Group’s lawsuit against it, saying in a statement to The Real Deal that the New York State Supreme Court has “flatly rejected” Corcoran’s complaints against the startup brokerage.

    According to Compass, the “Court scoffed at Corcoran’s attempt to prevent its agents from working for Compass and merely instructed Compass’ personnel to continue complying with Company policies already in place — not accessing others’ listings databases and following existing non-solicit agreements.” [more]

    16 Comments
  • Inside a Compass job offer

    March 24, 2015 06:14PM
    Compasscontract

    (Credit: Juan Zielaskowski)

    UPDATED: 8:19 p.m., March 24: When Gene Martinez, the former Soho manager for the Corcoran Group, decamped to Compass earlier this year, he accidentally left a key document on his Corcoran work computer: a copy of his job offer from Compass. [more]

    20 Comments
  • PamLiebmanGeneMartinezPatrickBrennanRobertReffkin

    From left: Pam Liebman, Gene Martinez, Patrick Brennan and Robert Reffkin

    The Corcoran Group, which has been hemorrhaging agents to startup brokerage Compass in recent months, slammed the rival brokerage with a lawsuit today alleging it “brazenly and intentionally” raided key Corcoran offices. [more]

    61 Comments
  • Kathryn Bigelow and a rendering of 449 Washington Street

    Kathryn Bigelow and a rendering of 449 Washington Street

    Kathryn Bigelow, Oscar-winning director of “The Hurt Locker”, is moving to Tribeca’s 449 Washington Street. Bigelow paid a shade over $3 million for the apartment at the boutique condominium development, according to property records filed with the city today. [more]

    Comments
  • JuliaBolandMariaWallKathyBraddockPaulPurcell

    From left: Julia Boland, Maria Wall, Kathy Braddock and Paul Purcell

    UPDATED, 4:15 p.m., March 5: First, top sales agent Fabienne Lecole left William Raveis NYC after just five months to return to the Corcoran Group. Now, colleagues Julia Boland and Maria Wall have followed in her footsteps, in a move that robs the startup brokerage of its headline agents. [more]

    3 Comments
  • From left: Fabienne Lecole and Pamela Liebman

    From left: Fabienne Lecole and Pamela Liebman

    UPDATED, 1:28 p.m., Feb. 26: Just five months after leaving the Corcoran Group for startup brokerage William Raveis NYC, top producer Fabienne Lecole is rejoining her former firm, The Real Deal has learned.

    Lecole, a Corcoran veteran, was one of William Raveis’ first big hires. She joined a few months after the suburban powerhouse launched in New York City. [more]

    2 Comments
MENU