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New York

Manhattan boutique firms: small, but mighty

The top small firms had nearly $900M in listings, but some saw fortunes dwindle

Engel & Völkers has two listings in the Plaza’s Private Residence totaling $57 million.
Engel & Völkers has two listings in the Plaza’s Private Residence totaling $57 million.

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From the May issue: Big-ticket properties bolstered the brokerages that led this year’s annual ranking of boutique Manhattan firms, thanks to a booming luxury market. But the lack of available inventory was a very real issue for the majority of the companies on the list, and some firms saw their listings volume slip once they closed on mega deals [more]