About Corcoran Grades

Sorry, don't have an answer to your question, but I was wondering if these grades are listed online somewhere...thanks.

It's not a Corcoran thing, it's a city thing, and it's for commercial buildings only. I'm not sure how it works, but the farther you get from Fifth Avenue, the lower the grade.

I definitely know it is a residential thing too. All my friends are quoted with grades when looking for coops/condos.

For office buildings, see http://www.nytimes.com/2011/07/27/realestate/commercial/for-commercial-properties-it-is-all-about-class.html

The city classifies multiple-dwelling buildings as A or B. A for permanent, B for hotels and such.

Corcoran or other brokerages may have their own classification scheme.

What sounds likely is that somebody'll say "It's a Class-A building!" when there aren't any Class-B. Sort of like citing a live-in super as a building feature when they all have one.

And if we were rating brokers, how would we rate Corcoran? Just a random summer thought.

Corcoran = failure