Rushmore developers hit with lawsuit over broker commissions

New York /
Aug.August 25, 2010 09:00 AM
The Rushmore and Extell’s Gary Barnett

It’s more legal trouble for the developers of the Upper West Side Rushmore condominium, who’ve just been hit with a lawsuit by a former broker with the Corcoran Group who claims he’s owed $132,900 in unpaid commissions, Crain’s reported. John Nelson, who was a referral director at the brokerage, said he brought buyers to the table for 28 apartments in the building by Extell Development and the Carlyle Group. But while he was paid half the commission promised for signed contracts in the building at 80 Riverside Boulevard, he claims the developers stiffed him for the remaining half once his buyers closed on their new units. And according to the suit, it’s not the first time this has happened: Nelson also sold apartments Extell’s the Avery, at 100 Riverside Boulevard, for which he had to “chase” the developer for “the payments owed to him,” his attorney said. The Corcoran Group is not involved in the suit, but CEO Pamela Liebman said Extell is always “diligent in paying brokers.” A spokesperson for Extell and an attorney for the defendants said the suit has no merit. [Crain’s]


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