Barak/Blackburn Group heads to Corcoran

TRD New York /
Jun.June 15, 2010 03:30 PM

Blackburn and Barak

The six-person Barak/Blackburn Group has moved from Prudential Douglas Elliman to the Corcoran Group. The group, led by Lior Barak and Christine Blackburn, has focused mostly on Brooklyn and will operate out of Corcoran’s 241 Bedford Avenue office in Williamsburg. Since they partnered in 2006, Barak and Blackburn have made more than $400 million in sales, according to a Corcoran statement announcing the move.

Barak said the team made its move last Monday, June 7 — the same day that it informed Elliman of its departure. Even so, Barak said that there are no hard feelings between his team and his former brokerage. 

A spokesperson for Elliman declined to comment. 

Barak said he wanted to make the switch because he believes Corcoran is “more active” in the Brooklyn market.

“We felt [that] Corcoran has a big market share in Brooklyn and Williamsburg and we liked what they do,” Barak said, adding that his group plans to also pursue work in Lower Manhattan. 

In The Real Deal’s May issue, Corcoran beat Elliman in a ranking of Brooklyn’s biggest firms, with 233 agents — more than twice as many as Elliman’s 104.

Barak said that he didn’t seriously consider joining another firm because “there are not really any other companies [aside from Corcoran and Elliman] that have a significant market share,” in the city, in his opinion.

A Corcoran spokesperson did not respond to a request for comment.


Related Articles

John Giannone and Jac Credaroli (Credit: iStock)

Two Elliman agents launch platform to provide renters, buyers and sellers up to $50K in unsecured loans

Jacob Sudhoff and Scott Durkin (Credit: Sudhoff Companies, Emily Assiran, iStock)

Douglas Elliman is coming to Texas

Douglas Elliman chairman Howard Lorber (Credit: Getty Images and iStock)

Elliman’s revenue rose 18%, after sales frenzy to avoid New York’s new transfer tax

Natasha Page and Jason Walker

Lawsuit: Douglas Elliman broker called me a “mulatto”

Douglas Elliman's Scott Durkin (Credit: Getty Images, iStock)

Elliman foots bill for agents’ new business tool

Amenity insanity in LA luxe condo market

Amenity insanity in LA luxe condo market

Luis D. Ortiz and Ronita Kalra (Credit: Wikipedia, iStock)

Luis D. Ortiz splits with business partner Ronita Kalra

Howard M. Lorber of Vector Group

Vector slashes dividends as Elliman’s net income drops over 80%