OPEN Host Daren Jaime speaks with Mitchel Flaherty, Director at B6 Real Estate Advisors, to discuss industry insights and Bronx developments.
Month: April 2022
Deals of the Day: April 13 – 760 DeKalb
Yeshiva picks up Bed-Stuy building. Brokers: DJ Johnston, William Cheng, Michael Murphy and Ben Rechler of B6 Real Estate.
B6 Hires Mark Lively
New-York based brokerage firm has added Mark Lively as a Managing Director reporting to Chief Revenue Officer Cory Rosenthal.
Lack of clarity around 421-a could delay further Mott Haven development, broker says
Mitchel Flaherty, a broker for B6 Real Estate, is expecting tough times ahead as the 421-a tax abatement is set to expire on June 15 without an immediate replacement in sight. “Fewer properties are going to be trading hands as developers try to figure out their next steps,” Flaherty told the New York Business Journal. “It’s just too expensive for many developers to develop without the 421-a abatement.”