The Real Deal New York

Core acquires boutique brokerage

By Sara Polsky | September 30, 2009 02:14PM

Core has acquired boutique brokerage Garr & Company and several of its listings, according to Core founder and CEO Shaun Osher, bringing on board the company’s president, Michael Garr. “[Garr] is bringing a wealth of experience, having worked at one of the top companies in the city for a while … as well as being one of the top brokers in Chelsea. It’s a perfect fit,” Osher said. “He has an incredible, impeccable reputation.” Garr’s company had three other employees, according to the company’s Web site, but Osher said only Garr moved to Core.

The acquisition officially occurred Sept. 1.

Garr’s record as a broker appealed to Core, Osher said. “I believe he’s sold more units in the Chelsea Mercantile building than any other broker,” he said. He has also sold apartments at 100 Central Park South, 325 Fifth Avenue, 119 Chambers Street and other buildings, according to the Garr & Company Web site.

Core may be looking to make additional hires, Osher said, “if it fits strategically into what we’re doing and our brand.”

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