Crain’s 20 in their 20S – Mitchel Flaherty

Mitchel Flaherty, a recent transplant from the U.K., began his New York real estate career at B6 Real Estate Advisors in 2019.

As with most brokers, he needed a specialty and chose to focus his work in the Bronx after watching several episodes of The Stoler Report, a TV news program that often discussed the borough.

B6 Promotes Mercado to COO

B6 Real Estate Advisors has promoted Adrian Mercado from chief information officer to chief operating officer. In this new role Mercado is responsible for the strategic growth of the firm as well as oversight of the day-to-day activities of the firm’s operations team.

B6 Markets Williamsburg Retail Building for Sale

B6 Real Estate Advisors will serve as the exclusive agents of sale for 87 Wythe Ave., a two-story, gut renovated, commercial building in Williamsburg and listed for $42 million. The existing building is 95% leased to nine tenants, with a tenancy mix of high-end retail, fully leased co-working and food & beverage.   

Two-story Williamsburg commercial building listed for $42 million

A completely renovated Williamsburg commercial building with eleven retail units is on the market for $42 million. 

The two-story, 35,000-square-foot commercial building, located at 87 Wythe Ave., is split into 11 units with nine retail tenants ranging from high-end retailers, food and beverage and a fully leased co-working space. 

Paul Massey, Christian Kane, DJ Johnston, Bryan Kirk and Robert Moore of B6 Real Estate Advisors are representing the seller.

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.”

Reshaping Brooklyn: The Gowanus Rezoning

Experts size up the impact on New York City’s most populous borough. Late last year, the New York City Council approved the Gowanus Neighborhood Plan, the largest rezoning falling under former Mayor Bill de Blasio’s administration. Roughly 700,000 square feet of office space is slated to come online in the market, Bobby Lawrence, director of investment sales at B6 Real Estate Advisors, told Multi-Housing News.

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