Oral agreement? Sucker.

Is this person the reason MZ bought the surrounding properties and rented them back to the owners, the one who was going to make millions off of MZ's name by advertising MZ's place was nearby?

Billionaire problems. Meanwhile, others in Palo Alto are wondering if they can afford to keep a roof over their heads.

Zillow shows this property as being sold for $4.8 on 12/12/12. Not $1.7 million. County tax records reflect the same purchase price/assessed value.

Web Link

So MC valued the "introductions" as worth at least $2.6 million and did not get it in the contract? Just not good business. A deal is a deal. Tough.

Thank you Disgusted. Palo Alto has a Homelessness problem which will not be solved by allowing Billionaires to own adjacent properties so they can avoid having neighbors.

Why not create a Homeless shelter right on Zuckerbergs front lawn?

Does the word extortion come to mind?

Raymond, honestly, if you have the money to buy property you do it, its legal, Sounds to me like all you are is jealous.
Honestly I am too but c'est la vie.

Sounds like Mircea Voskerician got a dose of developer sour grapes medicine. Props to MZ. The developer was a greedy scrooge and got what they deserved. Buying a home near a (celebrity)just to exploit the property for being next to said famous neighbor? What a piece of work. Google the name Mircea Voskerician and take a look at all the bad activities coming from this developer NAME. And the city of PA has considered interviewing Mircea for the Planning and Transportation Commission!!!!

Web Link

BWWAAAHAHAHAHAHHAHHA.

Down with Voskerician development.

A Google search has the same developer Mircea Voskerician, as an applicant for the Palo Alto Planning and Transportation commission, and in driveway controversy in Menlo Park.

He must not have made it a sale contingency. Get it in writung in the contract, or at a minimum in a side-contract, first. Although, as a condition of sale, perhaps it could have been considered taxable "boot", if tgere was a 1031 Exchange involved. Hmmmm. Billionaires area weird lot.

Martin's Beach Atherton owner, former co-founder of Sun Microsystems, Vinod Khosla : Web Link

This is the same developer who ran into problems in Menlo Park on Santa Cruz Avenue / Louise Street with Sam Sinnott as his partner.

You can't house the homeless on Zuck's front lawn, unless they can get in through his gate.

Mircea is pissing and moaning all over the place. Dude, you've been had - deal with it.

I don't think he's been had, I think he is simply not telling the truth. Public records show that the house he claims Zuckerberg purchased for $1.7 million was actually purchased for $4.8 million. I think he is simply pissed that the houses on either side of him sold for $14 and $14.5 million, I would assume to Zuckerberg.

Sounds to me as though Voskerician is attempting an old fashioned shakedown of Zuckerberg, using the courts as his enforcer. We don't know all the facts in the case [portion removed.]

That is why he created facebook...Got to facebook for referrals just like the rest of us...

Whoever blinks first loses.

Is this billionaire barter economy even legal? Sounds to me like they are trying to evade legitimate property and sales taxes with off-the-book price discounts.

@legality - the property is being taxed at a assessed value of $4.8 million. Not the $1.7 million claimed in the lawsuit.

This is just a developer being resentful and stupid.

More fraudulent and lawsuit-worthy was when Zuck promised his employees a minimum amount of money when FB went public. That is against the law and SEC regulations, yet he got away with that!

A known fact.. whoever sold house years ago in PA are under-price. His house is no exceptional but he makes himself popular now!

[Post removed.]

@palo alto resident:

RTFA

You appear to be very confused. Zuck did not pay $1.7M for the property.
He paid $1.7M to get Mircea Voskerician (who was already in contract) to release it so Zuck could buy it for himself.

"Mircea is pissing and moaning all over the place. Dude, you've been had - deal with it. "

That's not the way I read this. It looks to me like he tried to capitalize in a rather scummy way off MZ, and MZ paid big bucks to stop the scheme. Not the guy is complaining and looking for a way to extort more money from MZ. He needs to just crawl back under his rock and find an more honorable way to make a living.

Sounds like Developer Mircea Voskerician just lost any chance of anyone using him in the future.

So sad that someone can be so focused on money versus what is right.
Good luck Voskerician finding a new career. Realize that actions always speak louder than words. Had he just done outstanding work, people notice and want to use the same contractor.

Voskerician and Sinnott used the same tactics in Menlo Park. Whenever they lose out on a real estate deal, they threaten to sue. Most people don't have their resources so they cave. It's an invidious and ultimately frivolous use of the court system.

Zuck did not pay $1.7M for the property, Zuck paid $1.7M to Voskerician to buy the contract. Zuck paid $4.8M to the property owner which is the cost of the property. Basically, Voskerician made $1.7M by doing nothing but greedy, wants more so suing Zuck for more. Hope Voskerician got nothing, greedy!

Voskerician is just mad some other houses that Zuckerberg bought went for $14 million plus.