In February of last year, Ilan Bracha, the developer and star broker now heading up Keller Williams NY told The Observer, “We’ll be No. 1 in five years,” He was referring to his firm, but the Bracha family has now taken the top spot elsewhere—at Gary Barnett’s hugely successful Rushmore condominiums at the Riverside South development.
Mati Bracha, Ilan’s wife, just paid $5.28 million for penthouse 3A, according to city records. It was not immediately clear if Mr. Bracha would be moving in.
The four-bedroom, 4.5-bath home is spread over 3,056-feet, taking a full floor atop the north building in the twin-towered complex. It first came on the market in July 2009 for $6.8 million, so like her husband, Ms. Bracha has a way of negotiating for the real estate she wants. Mr. Bracha did not immediately return calls and emails seeking comment.
Among the other notable residents of the tower were Alex Rodriguez, who flipped a similar full-floor residence in the south tower earlier this year, as well as Robin Williams, who rented while on Broadway, and Itzhak Perlman, the famed violinist who calls the Rushmore his primary home. The latest arrival is Knicks star Tyson Chandler.
The Brachas lived just down the block from 80 Riverside Boulevard, at Trump Place at 120 Riverside Boulevard. They purchased that home for a far more paltry $544,000 in 2006, just as Mr. Bracha’s career was beginning to take off.
Maybe the family stumbled on the new place because Mr. Bracha has been marketing in the building himself, recently listing PH4B, in the south tower. The asking price is also $6.8 million. Wonder if who ever the buyer turns out to be will enjoy the same discount the Brachas did.