Staten Island broker files suit against business partner — his father

TRD New York /
Feb.February 08, 2012 01:00 PM

A prominent commercial broker on Staten Island is suing his father and longtime business partner, alleging his old man took key documents and client records from their shared Tottenville office on New Year’s Eve to ease the launch of a new, separate brokerage business, the Staten Island Advance reported.

The $2 million suit was recently filed by Darren Smith, who, along with his father J. Delbert Smith, marketed high-profile sites like Lucent Technology’s former complex in Richmond Valley, the GATX industrial property in Bloomfield and the Showplace Center in Travis under the business JDSA Companies for more than 15 years.

“It’s a nightmare, not a nice scenario,” said J. Delbert Smith.

Despite the father-son relationship, the pair was so close that they became known as the “Smith Brothers.”

But the suit alleges the elder Smith formed an unnamed rival company after taking business and management records, contact lists, contracts, computers, office furniture and other items that night. Darren called the company’s data its “most critical asset.” [SILive]


Related Articles

arrow_forward_ios
(Image by Wolfgang & Hite via Dezeen)

Hudson Yards megadevelopment inspires a new line of sex toys

Cammeby's International Group founder Rubin Schron and, from top: 194-05 67th Avenue, 189-15 73rd Avenue and 64-05 186th Lane (Credit: Google Maps)

Ruby Schron lands $500M refi for sprawling Queens apartment portfolio

Wendy Silverstein (Credit: Getty Images)

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

220 Central Park South and Richard Leibovitch, co-founder of Arel Capital (Credit: Arel Capital)

Richard Leibovitch wants $10M more for the 220 Central Park South home he bought a year ago

From left: 1578 Union Street in Brooklyn, Daniel Melamed (inset) and Eric Schneiderman (Credit: Google Maps, Getty Images, Facebook)

Overzealous investigators went too far in pursuit of Brooklyn landlord, appellate court rules

The U.S. is short 3.8 million new homes

US is short nearly 4M new homes: report

Governor Andrew Cuomo outlines strategies for the 2021 New York Budget (Credit: Flickr)

Cuomo spares real estate in plan to close $6B budget gap

Meryl Streep and 92 Laight Street (Credit: Getty Images and Google Maps)

Meryl Streep parts with Tribeca PH for $15.8M

arrow_forward_ios
Loading...