With real estate commissions higher in New York City than anywhere else in the world – this is one celebrity sport you don’t want to mess with. Zampolli stand strong…as he should!

Via Haute Living NYC …

Page Six and The Real Deal both reported about the suit that Paolo Zampolli, founder of ID Model Management, filed on Tuesday in New York State Supreme Court against Cristina Calori and her company, Monster Real Estate; Massey Knakal; and Heian Bunka Center. Zampolli is a licensed agent for Paramount Realty, who is named as the plaintiff in the suit. We went straight to Zampolli himself to get the real scoop.

He informed me that the suit is for a breach of the covenant of good faith and fair dealing. The claim: Zampolli was cheated out of commissions on the sale of a property at 31 Bond Street (owned by Heian Bunka Center), after he introduced the buyer (Cristina Calori) to the broker (Massey Knakal Realty) listed on the sale, which is expected to close soon. The asking price for the property is $8.5 million, so Zampolli’s cut should have been $212,500 (half of a five percent commission).

So who is going to win this one?

Well I have not gotten a chance to check out the entire lawsuit yet, but, if Mr. Zampoli did indeed bring the buyer to the property he absolutely should be compensated, even if the buyer decided not to use him afterwards.  Brokers are not punching bags, if you leverage their knowledge and their time, they need to be compensated.

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