The Corcoran Group founder Barbara Corcoran (Getty)
On the eve of Barbara Corcoran’s sale of her eponymous brokerage in 2001, a former deputy nearly scuttled the deal by demanding $1 million or else.
Rather than let the $66 million deal fall apart, Corcoran pulled out her checkbook. “At the eleventh hour, one of the most important people in my business held me up for $1 million,” Corcoran disclosed for the first time on the Dec. 4 episode of “Shark Tank.” “She said, ‘You’re going to pay me $1 million or I’m going to your rival.’ Now what do you think happened? I gave her the $1 million immediately.”