Did Corcoran’s Carol Cohen get fired?

TRD New York /
Dec.December 22, 2010 07:23 PM

Has broker Carol Cohen been let go from the Corcoran Group in connection with a recent lawsuit involving her rent-stabilized apartment?

The Post reported Sunday that Cohen’s landlord at 737 Park Avenue is suing her and her husband, Lester, alleging that they lied about their income on state forms to prevent a rent increase at their $3,060-per-month apartment. The two reportedly claimed that their combined annual income was less than $175,000 for the previous two years.

Cohen, who for years has partnered with top broker Deborah Grubman, this year helped sell a $17.75 Million One Beacon Court penthouse, and a mansion at 2 North Moore Street for $24.07 million.

But as of today, Cohen’s profile page is no longer visible on Corcoran’s website. Her name is also missing from listings where it previously appeared, like a $16 million penthouse at 206 West 17th Street, where Grubman and Corcoran Vice President David Dubin are now listed as the brokers.

The removal prompted industry brokers to speculate that Cohen has resigned, or been asked to leave the company. (Real estate agents are independent contractors, not employees.)

When reached by The Real Deal on her cell phone, Cohen said, “I have no comment.”

Grubman did not respond to calls for comment, and neither did a Corcoran spokesperson.

Scandal is nothing new in the real estate industry. Brown Harris Stevens’ Kathy Sloane made headlines in 2009, when she was investigated for tax evasion by the Albany County District Attorney along with 30 other brokers (the charges against her were ultimately dropped). In June of this year, Sloane was hit with her third tax lien in two years. Sloane is still with Brown Harris Stevens.

Have a tip? E-mail Candace Taylor at [email protected]


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