Skip Navigation
StreetEasy Logo

Extell sues AG and buyers in federal court

Started by streeteasyaddict
over 15 years ago
Posts: 121
Member since: Mar 2009
Response by Riversider
over 15 years ago
Posts: 13572
Member since: Apr 2009

riversider, if I am doing buyer's brokerage and a building is paying an abnormally high commission, I always point that out to my clients. It doesn't tend to matter to them because sometimes it's the "good" buiildings that pay high marketing fees -- the Visionaire in BPC was at 4% for a very long time, higher than much of its competition but it's arguably the best building in the neighborhood -- but they certainly deserve to know.

ali r.
DG Neary Realty

You could say the same thing about mutual funds that pay 8% cc Pardon me if I'm skeptical about your claim.

Ignored comment. Unhide
Response by columbiacounty
over 15 years ago
Posts: 12708
Member since: Jan 2009

Keep going with your nonsense. Very impressive. Next you'll be telling us about what you heard from a little birdie.

Ignored comment. Unhide
Response by apt23
over 15 years ago
Posts: 2041
Member since: Jul 2009

Is a ruling imminent? Or past due?

Also, I noticed that during July there were 43 apts listed in contract. I thought that perhaps, these were the 43 buyers that were suing and Extell was listing them as "in contract" in spite of the ruling to return deposits. As no apts closed during the month of july I thought that gave more credence to my assumption. However, now there are only 40 apts listed in contract. And there have not been any additional closings.

Ignored comment. Unhide

Add Your Comment