The Real Deal New York

Posts Tagged ‘Ilan Bracha’

  • Agent Vickey Barron has left Prudential Douglas Elliman, according to Core, the boutique residential brokerage where she’s starting on as a managing director. Barron’s move follows a recent exodus from Elliman, that has included high-profile agents Tamir Shemesh, who left for the Corcoran Group, and Ilan Bracha who launched a new Keller Williams franchise. Shaun Osher, CEO of Core, said he expects Barron to be “an educator and innovator” at Core. TRD [more]

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  • The Real Deal on the town…

    February 25, 2011 07:37PM

    The Real Deal has had an action-packed schedule. We hit up the Charity: Water event at 123 East 10th Street, the largest and priciest home available in the East Village, hosted by Rubicon Property. We stopped by Core’s cocktail party on the 17th floor of 812 Fifth Avenue, which was recently redesigned by architect Joseph Dirand. We also dropped by the Griffin Court condominium in Hell’s Kitchen, where Gumley Haft Kleier was hosting a viewing party of this week’s HGTV’s realty reality show “Selling New York.” Meanwhile, back at the office we were letting our fingers do the walking and got some fun nuggets. Click here for more…. [more]

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  • Two top celebrity brokers join Elliman

    February 24, 2011 07:20PM


    From left: Dennis Mangone and Michael Bolla

    By Sarabeth Sanders and Amy Tennery

    Michael Bolla and Dennis Mangone — both larger-than-life types with rosters of high-profile clients to match — have joined the city’s largest residential brokerage, bringing in some celebrity cachet after the recent departure of a certain pair of Israelis.

    Those are, of course, former managing directors Ilan Bracha and Tamir Shemesh, who until recently had sat at the helms of Prudential Douglas Elliman’s first- and fifth-ranked teams. Bracha left at the start of the year to launch the first Manhattan franchise of Keller Williams, while Shemesh followed a few weeks later to join the Corcoran Group. Shemesh told The Real Deal at the time that the similarly-timed departures were “purely coincidence.”

    So too, it seems, are the new hires, as Elliman has apparently been after both Bolla, who had been running his own boutique brokerage operation for the past two decades, and Mangone, a top broker at Brown Harris Stevens, for years…. [more]

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  • Bracha loses Azure in move from Elliman

    February 18, 2011 05:41PM
    alternate text
    From left: Ilan Bracha, Azure, Elliman agent Ammanda Espinal, Cassa Hotel & Residences

    For the time being at least, the Azure condominium is staying with Prudential Douglas Elliman rather than following super-broker Ilan Bracha to his new company, Keller Williams New York City.

    Bracha, formerly an Elliman agent, has been marketing the 34-story Yorkville tower with his team since March 2010, when he took over for Brown Harris Stevens. (Since the real estate downturn hit, many developers have tried switching brokerages to help boost sales at new condominiums.)

    Then, in January, Bracha launched the first Manhattan franchise of Keller Williams, a firm with some 80,000 real estate agents throughout North America. He brought several of his Elliman team members with him…. [more]

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  • The Real Deal on the town…

    February 10, 2011 06:39PM

    By Yaffi Spodek, Candace Taylor and Amy Tennery

    alternate text

    After a mid-winter lull, The Real Deal is back in the swing of things, hitting up the week’s most exciting real estate events. We quizzed the experts at the Young Jewish Professional’s networking event, including Ilan Bracha, the New York Keller Williams franchise honcho who recently defected from Prudential Douglas Elliman, Crown Acquisitions CEO Stanley Chera, and Charles Bendit, the Taconic Investment Partners CEO, whose company recently sealed a $1.8 billion deal with Google. Also, we mingled at Soho rental building 55 Thompson’s cocktail mixer and caught up with Elizabeth Stribling, founder of Stribling & Associates, at the Brooklyn Roundtable, where she gave us the scoop on her move out of Manhattan. Click here to see more…. [more]

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  • UWS synagogue in danger of foreclosure

    February 09, 2011 01:09PM

    From left: Ilan Bracha, Rabbi Yishayahu Yosef Pinto and 240 Riverside Boulevard (building photo credit: CityRealty)

    The wife of a developer wrote a $56,000 personal check in an effort to stop foreclosure proceedings on a proposed synagogue site for Yishayahu Yosef Pinto, a rabbi with strong ties to the real estate world, the Wall Street Journal reported. For the last several years, Pinto has been raising money to open a synagogue on the ground floor at the Heritage at Trump Place condominium at 240 Riverside Boulevard. In 2008, Ilan Bracha — who recently left Prudential Douglas Elliman to open a Manhattan office for Keller Williams — and his B + B Investment Group partner, developer Haim Binstock, paid $1.65 million for the 2,700-square-foot space, with plans to donate it for the rabbi’s use. … [more]

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  • alternate text
    From left: Tamir Shemesh, Pamela Liebman, Howard Lorber and Dottie Herman

    Another top team is leaving Prudential Douglas Elliman, the city’s largest residential brokerage.

    Longtime Elliman broker Tamir Shemesh today announced that he is moving to the Corcoran Group — Elliman’s primary competitor — with his team of seven people. The move is the second high-profile departure for Elliman since the New Year. In January, super-broker Ilan Bracha — head of the top-ranked team at Elliman — left to launch the first Manhattan franchise of Keller Williams.

    “I was ready for a change,” said Shemesh, who was a managing director at Elliman. “I found an opportunity at Corcoran, so we did it.”… [more]

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  • Prodigy replaces Bracha at the Centurion

    October 15, 2010 08:30AM


     
    From left: Ilan Bracha, Rodrigo Nino, the Centurion

    Less than a week after Prudential Douglas Elliman’s Bracha Group ousted Prodigy Network as the sales team at Cassa NY Hotel and Residences, the

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  • $145M in new financing for Azure

    October 14, 2010 11:30AM


    Elliman’s Ilan Bracha is marketing the Azure.

    HSBC and four other institutions have agreed to convert their $145 million construction loan into a shareholder loan at the Azure, at 333 East 91st Street, a 34-story residential tower which was the site of a fatal crane collapse in 2008. The developers of the Azure, the Mattone Group and the Dematteis Organization, said yesterday that their financing is intact and they are on track to sell the 93 apartments left at the 128-unit building, Crain’s reported. The new shareholder loan will allow the building to continue to operate while the developers sell units. As each unit is sold, the loan is paid down. “A year ago this would have been difficult to achieve,” said Douglas MacLaury, senior vice president at the Mattone Group. “This indicates that credit is beginning to flow back into real estate and is a testimony to the confidence lenders have in the building.” Ilan Bracha’s the Bracha Group at Prudential Douglas Elliman is handling marketing, after replacing Brown Harris Stevens. So far, seven units have closed and nine are scheduled to close shortly. An additional 19 units are under contract. [Crain's]

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  • alternate text
    Cassa NY, Ilan Bracha and Rodrigo Nino of Prodigy

    The developers at Cassa NY Hotel and Residences have swapped brokers, after roughly 40 percent of the Midtown project’s 57 units sold. Prudential Douglas Elliman’s the Bracha Group, led by I… [more]

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  • alternate textFrom left: LeBron James and Rabbi Yishayahu Pinto

    From the South Florida website: Rabbi Yishayahu Yosef Pinto, a rabbi to the real estate community, has another star follower, with new Miami Heat superstar LeBron James reportedly turning to the Israeli rabbi whose American operations are based in New York, for business and spiritual guidance. James was seen in New York yesterday at a meeting on a private yacht with business executives and Pinto, according to TMZ.com, which first broke the story. (note: correction appended) The specific nature of the meeting was not clear, although James is said to have paid Pinto a six-figure sum to participate in the meeting.

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  • From left: Alon Chadad and Moshe Balalo

    The
    two top-producing brokers at Nest Seekers International are splitting
    to join the Bracha Group at Prudential Douglas Elliman, the group’s
    president, Ilan Bracha, announced yesterday. The pair, Alon Chadad and
    Moshe Balalo, closed more than $50 million in sales last year alone,
    including deals at high-profile developments like the Rushmore
    condominium at 80 Riverside Boulevard and One Beacon Court at 151 East
    58th Street. They were ranked 48th on The Real Deal’s
    June list of the top 75 New York City residential agents with the most
    exclusives by dollar value: 16 listings worth a combined $51.39
    million. Chadad and Balalo, who spent four years at Nest Seekers, will
    each become senior vice presidents at Elliman. Their addition comes on
    the heels of the departure of Ali Jafri, formerly one of Bracha’s top-producing brokers, who split from the group in May to start his own team within Elliman. TRD

    [more]

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  • alternate text
    Centurion, Ammanda Espinal

    A top Prudential Douglas Elliman broker trying to move units at Midtown’s Centurion condominium by dangling a pair of World Cup finals ticket… [more]

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  • Brokers head abroad in the summer

    June 29, 2010 04:15PM

    Elliman’s Ilan Bracha offers World Cup tickets as an agent incentive while other brokers head to China, Ecuador

    alternate textSome of the summer’s traveling real estaters, from left: Lance Nguyen, Fred Peters and Max Dobens

    Some brokers are taking advantage of the sticky-hot days of July by leaving town. And in one case, this year’s World Cu… [more]

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  • Brokers head abroad in the summer

    June 29, 2010 04:15PM

    Elliman’s Ilan Bracha offers World Cup tickets as an agent incentive while other brokers head to China, Ecuador

    alternate textSome of the summer’s traveling real estaters, from left: Lance Nguyen, Fred Peters and Max Dobens

    Some brokers are taking advantage of the sticky-hot days of July by leaving town. And in one case, this year’s World Cu… [more]

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  • Belltel Lofts and Elliman’s Ilan Bracha (inset), Michael Ettelson (top), Mordy Werde (bot… [more]

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  • Belltel Lofts and Elliman’s Ilan Bracha (inset), Michael Ettelson (top), Mordy Werde (bot… [more]

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  • Solomon Obstfeld and the Essex House

    In the wake of the recent suicide of investor Solomon Obstfeld at the Jumeirah Essex House, real estate insiders are beginning to wonder how the tra… [more]

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  • Solomon Obstfeld and the Essex House

    In the wake of the recent suicide of investor Solomon Obstfeld at the Jumeirah Essex House, real estate insiders are beginning to wonder how the tra… [more]

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  • Azure gets AG’s green light

    June 10, 2010 08:45PM

    Prudential Douglas Elliman’s Ilan Bracha and Azure

    The Upper East Side luxury cond-op that was the site of a deadly crane collapse in May 2008 has been officially declared effective by the state attorney general, according to… [more]

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