Boutique brokerages: New firms shake up annual ranking

Dolly Lenz’s brokerage takes top prize, while other newbie also makes debut

From left: Dolly Lenz, Jed Garfield, Mercedes Berk and Adam Modlin
From left: Dolly Lenz, Jed Garfield, Mercedes Berk and Adam Modlin

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From the May issue: This year’s boutique brokerage ranking was stirred up substantially by the formation of several new luxury-focused companies, which have planted their flags firmly in Manhattan. The cluster of start-ups has more than one root: some were founded by industry veterans, and others by new names leveraging international interest in the New York market. [more]