The Broker Brunch

#19 Brian & Mitch - How We Broke Into NYC’s Toughest Real Estate Market!

With Brian Whelan and Mitchel Flaherty

Mitch Flaherty and Brian Whelan launch the “The Broker Brunch” - a series of conversations amongst real estate brokers and friends sharing their journey over a few mimosas. Along the way, they will be joined by guests at all different stages of their real estate endeavors. In the first episode they share their NYC story so far; including what it’s like coming from across the pond to try and break into New York City's Commercial Real Estate scene -one of the most competitive businesses, in one of the most competitive markets in the world.

Our Socials:
Brian Whelan: https://www.linkedin.com/in/brian-whelan-43155850/
Mitchel Flaherty: https://www.linkedin.com/in/mitchel-flaherty-7b4b1064/

(00:00) Intro
(01:15) Being Young Brokers in New York
(05:08) The Bronx Market Fascination
(09:23) Differences Between London and New York
(12:31) Financial Realities of Living in New York
(15:49) Long-Term Market Optimism
(19:01) Lessons Learned from Early Jobs
(22:52) Beginning the New York Journey
(26:29) Relationship Building in Real Estate
(30:16) Connecting with Owners on the Ground
(36:39) Family Life and Career Goals
(41:20) Choosing a Market in Upper Manhattan
(44:03) Discipline: The Key to Success?
(50:07) - Investing in the Bronx Market
(52:32) - Affordable Housing Challenges