Manhattan developer Kent Swig has been ordered to pay nearly $1 million to broker Scott Bloom in a long-running fight over unpaid commissions between the two men. The ruling marks the latest chapter in what has been described as a lengthy legal battle between Swig and Bloom, who once served as head of leasing at Swig's firm, Helmsley Spear.
The case was reported by Crain's New York Business, which wrote that the developer has been engaged in a lengthy legal battle with Bloom, the former head of leasing at Swig's firm Helmsley Spear. The outlet's reporting on the ruling is the clearest public account of the outcome so far, though the full scope of the court's reasoning remains limited in available records.
A separate court-opinion excerpt, published through the New York Official Reports, references a date tied to the underlying dispute: it states that February 1, 2019, was when Bloom was owed, but not paid, his proportionate share of commissions that the defendant received.
A Pattern of Commission Disputes Involving Swig and Bloom
This is not the first time either man's name has surfaced in a commission fight tied to the Swig organization. In 2010, a New York City Civil Court case, Root v Swig Equities, LLC, saw broker Alison F. Root sue Swig Equities over commissions connected to condominium sales, according to records published by law.justia.com. In that case, Swig Equities moved to dismiss the complaint under CPLR 3211(a)(1) and (a)(7), and Root opposed the motion.
Per the same case record, Root's employment agreement had provided her a $50,000 annual salary along with a commission on units she sold. Root contended she had earned at least $115,500 in bonuses tied to Part 23 Plan contracts and at least $117,000 in commissions on Part 20 Plan sales. The supplied case excerpt does not establish how that 2010 dispute was ultimately resolved.
Bloom's Earlier Win Against Helmsley Spear
Bloom has pursued commission claims against the Swig-linked firm before. In Bloom v. Helmsley Spear, LLC, broker Scott M. Bloom and fellow plaintiffs were awarded $795,480.96 over unpaid commissions from several transactions, as reported by InvestmentNews. That outlet reported that the Appellate Division, First Department, unanimously affirmed the lower court's judgment on April 3.
Swig's firm and its brokers have been involved in multiple commission disputes.
