Manhattan’s small firms lose brokers, but some see boost in dollar volume of listings
Shaun Osher
From the May issue: 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. Meanwhile, two New York boutique firms — long-established firm Gumley Haft Kleier and five-year-old Core — starred in the HGTV cable television program “Selling New York.” Core CEO Shaun Osher said he viewed the program as an important tool for showing off the company’s properties and garnering new clients. Since the show went on the air, he said, the company, which ranked No. 2 on The Real Deal’s annual list of boutique firms, with $251.8 million in active Manhattan listings, has “had a lot of calls” from prospective clients. [more]
