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Woman Who Bought NYC Penthouse Sues Corcoran Group Over Doorman
A woman said she was deceived into believing a penthouse she purchased had a full-time doorman. The unnamed woman is suing The Corcoran Group, one of its agents, and the seller of the property. She said the agency tried to hide the fact that there was a virtual doorman in the evenings. Loading Something is loading. A woman is suing a New York City real-estate agency that she said tricked her into purchasing a $19 million penthouse without a full-time doorman, the New York Post initially reported. In a complaint filed Wednesday with the Manhattan Supreme Court and obtained by Insider, a legal representative for the unnamed woman said she purchased…
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Three reasons why Barbara Corcoran says this housing market is best of her lifetime
The hot real estate market has made it nearly impossible for even a Federal Reserve governor to find a home. Fed Governor Christopher Waller attributed eye-popping home prices to the convergence of a pandemic-driven spike in demand and low interest rates in a speech on Thursday, adding that the “crazy” real estate market has impeded his own search for a new home in Washington D.C. But headaches for some homebuyers mean opportunities for savvy investors. In a new interview, real estate guru and “Shark Tank” panelist Barbara Corcoran hailed the current housing market as the best real estate investment opportunity of her lifetime. She offered three reasons for the favorable…
