How Corcoran’s Scott Stewart went from waiting tables to working with Nicole Kidman: VIDEO

Broker made his bones during the dot-com boom

New York /
Jan.January 06, 2016 04:25 PM

The quintessential struggling actor, Scott Stewart was waiting tables at a Manhattan restaurant when one of his regular customers mentioned he knew someone called Barbara Corcoran.

“After seven years in acting, the writing was on the wall that I wouldn’t get where I wanted to go,” he told The Real Deal. Though he had no Rolodex to speak off, Stewart hit the ground running thanks to a steady stream of yuppie rental clients the Corcoran Group referred to him.

“I got into the business during the dot-com boom,” he said. “There were 12 people for every apartment in New York. There were lines out every door at every open house. We had a lot of customers coming through so I really had this constant feed of technology kids with $100,000-a-year salaries. I was doing $3,500 deal after $3,500 deal – about 10 or 12 a month.”

Now, he does deals with the likes of Nicole Kidman and Alec Baldwin, and his listings include an $11.5 million pad at the Time Warner Center. Last year, he sold a five-story building at 14 East 63rd Street for $22.5 million to European buyers who want to convert it into a private mansion.

His secret? Working his butt off.

“As an actor, I was used to hitting the pavement and going to audition after audition,” he said. “I took that and brought it to my real estate career, working seven days a week. What I loved was that, even though I didn’t get a salary, I really had more control over my destiny.”

Video by Uldis Direns


Related Articles

arrow_forward_ios
49 East 10th Street and Barbara Corcoran (Credit: Google Maps and Getty Images)
Corcoran to shut down office in building partly owned by Barbara Corcoran
Corcoran to shut down office in building partly owned by Barbara Corcoran
Corcoran President & CEO Pamela Liebman (Credit: Corcoran, Getty Images)
Welcome to Queens: Corcoran opens first borough outpost
Welcome to Queens: Corcoran opens first borough outpost
Corcoran CEO & President Pamela Liebman (Credit: iStock)
Corcoran begins new lead-gen push via Facebook ads
Corcoran begins new lead-gen push via Facebook ads
Corcoran Global Living's Michael Mahon (Corcoran, Getty)
Turmoil at Corcoran Global Living: CEO accused of fraud
Turmoil at Corcoran Global Living: CEO accused of fraud
Michael Mahon (Corcoran, Getty)
Corcoran shopping its biggest franchise
Corcoran shopping its biggest franchise
From left: Jared Barnett, Eugene Litvak, and Ryan Kaplan (HIG, Compass, Design recipes, Getty)
In home sales, cash was king. Now it’s God
In home sales, cash was king. Now it’s God
113 East 90th Street (Corcoran)
Converted firehouse aims for record single-family sale in Carnegie Hill
Converted firehouse aims for record single-family sale in Carnegie Hill
Corcoran's David Mayer and Compass' Augusto Bittencourt (Corcoran, Compass, Getty)
Foreign investors shift real estate strategies as dollar strengthens
Foreign investors shift real estate strategies as dollar strengthens
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...