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    Ilan Bracha

    Broker
    Corcoran Group
    660 Madison Avenue
    New York, NY 10065
    (646) 603-1235
    Website

    Ilan Bracha is a real estate broker, the founder of a group of brokers called Bracha New York, and a co-founder of the New York City franchise of Texas-based brokerage Keller Williams. The Bracha New York group advises on transactions worth about $250 million annually. Bracha is also co-founder, with business partner Haim Binstock, of B+B Capital, a real estate investment fund.

    Bracha and Binstock, sold Keller Williams NYC back to the parent company in early 2020, capping several tumultuous years of agent defections, a revolving door of leaders and a $2 million lawsuit over unpaid rent. They transferred ownership of the brokerage to Austin-based Keller Williams Realty International, which then awarded the company to Richard Amato, who owns several other Keller Williams offices in Nassau County.

    In 2021, Bracha and his brokerage team joined the Corcoran Group.

    Bracha had left Douglas Elliman to establish Keller Williams NYC with Binstock in 2011, after working at Elliman since 2004. Bracha originally got into real estate working as a broker at MLBKaye International Realty.

    Born in Tel Aviv, Bracha moved to the United States at age 21 after serving as a commander in the Israeli army. Bracha and his wife, Mati, have three children and live on the Upper West Side.

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    • Event Sales
    • Address 1619 Broadway
    • Neighborhood Midtown West
    • Borough Manhattan
    • Square feet 175,000
    • Price $ 295,000,000
    • Price per foot $ 1,685.71
    notes
    A group of investors led by B+B Capital bought a partial ownership stake in the Brill Building for $295 million.
    • Event Sales
    • Building Name 16-18 West 57th Street
    • Address 16 West 57th Street
    • Neighborhood Plaza District
    • Borough Manhattan
    • Price $ 80,000,000
    • Publication Date 12/01/2011
    • Event Date 10/22/2011
    • Party 1 Petra Capital Management
    • Party 2 Extell Development
    notes
    The property sold for $80 million. Residential broker Ilan Bracha and development partner Haim Binstock had acquired the building in 2007 for $60 million with plans to build a 28-story, mixed-use tower, but lender Petra Capital Management sold the loan.

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    10/29/2007
    These price increases reflect the buyer mentality behind larger spreads. Simply put, big apartment buyers have big money. They are not as sensitive to mortgage rate fluctuations and other economic factors as buyers of smaller apartments, said Ilan Bracha, an executive vice president at Douglas Elliman...
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