David Huber, Pissed Off Would Be Apartment Owner, Protests Corcoran (VIDEO)

• This is slightly off subject, but releveant. Corcoran may not have done wrong to David Huber, by the books at least. But they are a horrible, greedy company. They demand the highest fees of any broker out there (15% of a year's rent is absolutely outrageous). And they claim to have the best listings, which seems true, so they feel justified. I rented through them, but begrudgingly. I don't know how anyone can afford to stay in this city with companies like Corcoran running the show. It's not unlike the rationale behind the Occupy Wall St. folks. The way things operate is fundamentally stacked against individuals, in favor of corporate entities. Some leveling of the playing field, some sort of ethical standards, must be made established. Just one NY'ers opinion, but clearly I'm not alone.

• I do not see the basis for his complaint.  If the deal went through and THEN he discovered that the CO did not exist, there would be a major problem (and I have someone who went through this, finding out 2 years later they had a false CO - major lawsuits are still ongoing).  But he had a deal, before the deed transferred they find out it was not good on all sides, and the deal died.  What's so unusual?  The only thing that is unusual is that he is a first time home buyer and did not realize that the broker works for the SELLER.  Caveat emptor...But what ind of relationship has he culled that he couldn't walk into Corcoran and have a reasonable, adult conversation about this and get results?  And on another point, why didn't people from Corcoran immediately come outside and engage with him to solve or have a reasonable discussion with him?I wonder if his right to protest non-relevant open houses, etc, is a form of slander.  His message is basically that a retail broker works for the seller, not the buyer, which is not only true, but he most likely had to sign a disclosure statement acknowledging the fact.  Falsely giving the impression that Corcoran was explicitly responsible seems to be not a free speech protest, but a specific defamation to give a negative view of Corcoran.  Deals go bad.  I'm not suggesting he shouldn't be upset, but his actions are just misplaced. 

•  why is there no flag button on this posting?    spam pure and simple.

• Additionally, unless the buyer was doing a cash deal the bank would have sent up red flags weeks before the closing. Its hard enough to get a mortgage when all your ducks are in a row, so it is hard to believe this came to be 2  days before closing. It is most definitely the buyer's attorney who should have been on top of this. I find it hard to believe that the broker just walked away. They are walking away from their fee, as they don't get paid till it closes. After the contracts are signed, the broker's responsibility is to make sure the board package is professional assembled and submitted if necessary, they also make sure all hurtles are being addressed. When you are buying Real Estate in NYC stuff happens. It is rare that a closing takes place on the date that is on the contract. There is always a missing document or something that delays the process. We only got part of the story and I guarantee you there is more to this story. Maybe the building is just not finished, this happens in new construction. I think David just needs to get some thicker skin. This is NY you have to be tought to survive.    

• "Guest 2": Yes "a little knowledge being a dangerous thing. Especially when other people read misinformation and potentially rely on it when making decisions." Including your misinformation. "Guest" is 100% correct in that it is the buyer's ATTORNEY who is to blame, NOT the seller's broker. In New York, ALL residences are required to have a C of O, period. The C of O is not typically part of a simple title report, but is easily accessable on line from the department of buildings. Any attorney who isn't brain dead would check with the departmnent of buildings FIRST, to see any recent violations and make sure the building is up to code. Dave's attorney obviously had never worked on a brownstone sale before. Dave's attorney was hired by, and worked for Dave, and should have acted in his best interest. The Broker was hired by, and was working for the seller (check your department of state guidelines on "Agency"). The fault is solely on the attorney's shoulders, Dave just sees that Corcoran has more money, and might settle out of court to make him go away. If I was Corcoran's parent company, I'd counersue Dave and his attorney 

• Just another example of someone not doing their own due dilligance and then blaming it on someone else. Dave seems to forget to mention WHY it's not legally Corcoran's fault: It's the BUYER's responsibility to check everything. If broker's weren't allowed to sell property before it got the C of O, 100% of the beautiful, shiny new condo buildings would sit empty... He's obviously just trying to get money from the brokers for something that's a result of his own stupidity.... But, hey, this is America, land of getting ahead by blaming someone else...

• I feel for him, but it's his own fault. He should blame his attorney, nobody else.

• The Guest posting above is not exactly correct. Any building built after 1936 requires a certificate of occupancy. The attorney typically orders a title report as part of proper "due diligence" after a commitment is issued to avoid unnecessary title charges in case the Purchaser is declined for the loan. The above post is just another example of a little knowledge being a dangerous thing. Especially when other people read misinformation and potentially rely on it when making decisions.

• Another example of an Attorney just not doing their job. Many homes in Brooklyn are sold without a Certificate of Occupancy the only time you should be concerned is if it is new construction. It is the Attorney's to order a Title Report and review all supporting documents. Brokers "broker" the value that's it! It is up to you and your hired "REPRESENTATIVE" to do their due diligence. The Attorney knowing two days prior to the closing is just another example of an Attorney not ordering the Title report when they were suppose to.

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