From the May issue: Discreet, bespoke and focused on luxury, Manhattan’s boutique residential firms have seen their fortunes soar in recent years thanks to a luxury market that was firing on all cylinders. While those days are not over, there are signs of trouble ahead — including a projected influx of ultra-luxe new developments coupled with a slower pace of high-end sales.
For now, however, the boutique firms at the top of The Real Deal’s list amassed an astounding roster of high-end listings. [more]
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Manhattan’s smaller firms rack up big listings, but dark clouds could be looming
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