BrokerageIndustry News

Boutique brokerages shed agents

From The Real Deal
Published on May 27, 2010

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by CareyBot

NEW YORK -- New York's small residential firms got even smaller in the last year, as many agents fled the business in a difficult market. But despite the loss of manpower, several leading boutique firms saw the dollar volume of their listings rise as more high-end properties returned to the market in an increasingly healthy economy.

(Click here for chart of this year's top Manhattan boutique brokerages.)

Meanwhile, two New York boutique firms -- long-established firm Gumley Haft Kleier and 5-year-old Core -- starred in the HGTV cable television program, "Selling New York."