The Real Deal New York

Keller Williams inks lease at 555 Madison

September 12, 2011 11:06AM

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Keller Williams’ Ilan Bracha and 555 Madison Avenue

Keller Williams NYC, the New York branch of national brokerage Keller Williams Realty, has leased 22,000 square feet of office space at 555 Madison Avenue formerly occupied by Tiffany & Co., Crain’s reported.

The new office can accommodate 300 brokers, almost three times the number Keller Williams NYC currently employs. The company, which launched in April, has 112 agents. Brokers will move into the office starting Oct. 1, company Chairman Ilan Bracha told Crain’s. Executives will remain at the brokerage’s headquarters in Trump Tower at 725 Fifth Avenue between 56th and 57th streets.

“The space is gorgeously done and has good energy,” Bracha said of the new digs, which are between 55th and 56th streets. “It’s also in a prime location.”

Bracha anticipated that the firm will expand to 200 to 250 brokers in New York by the end of 2011, and has plans for a rental division. [Crain's]

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