The Sinreich Group

Attorneys at Law

(212) 317-1131

The Sinreich Group is a New York City based real estate law firm that represents public and private sector clients in connection with the acquisition, development, leasing, financing, repositioning and disposition of real estate throughout the country.

Bite Size Breaking News

Welcome to Bite Size Breaking News. We post every other Monday by noon. Have lunch with The Sinreich Group and get the latest real estate news in easily digestible “bite size” portions.

Retail Landlord Testing Omni-Channel Shopping Centers

Following in the footsteps of retailers whose success is linked to omni-channel strategies that meld brick-and-mortar with online commerce, Simon Property Group, one of the world's largest retail property owners, is testing an online shopping platform called SPO (Shop Premium Outlets). Seeking to leverage Simon's powerful customer base of 100M people who make 2B visits per year to its properties, SPO will include 2,000 brands and over 300,000 products in an effort to drive incremental traffic and sales to retailers with brick-and-mortar stores in Simon's outlet centers. Learn more

Minneapolis/St. Paul Tops 2019 Multi-Family Market List

According to a forecast by Marcus & Millichap, Minneapolis/St. Paul will be the strongest market for multi-family rental properties in 2019, followed by San Diego, New York City, Los Angeles and Seattle. But young adults between 20 and 34 years old, the demographic group that is driving residential rental demand across the country, are facing a dilemma. While they are enjoying historically high employment rates, they are finding themselves increasingly priced out of the home ownership market as the disparity between monthly rental and mortgage payments continues to widen. Learn more

Investment In Real Estate Tech Down 23% in 2018

According to the data and event platform CREtech, a total of $9.2B was invested in proptech (short for property technology) companies in 2018, down from $12.6B in 2017. The reasons cited for the downturn include a maturing market, savvier investors and anticipation of an economic downturn. Large investments in 2018 included the $2B SoftBank investment in WeWork (down from $4B in 2017), a $1.8B investment in Lianjia, a Chinese real estate brokerage company and a $400M investment in Opendoor, an online platform for single family home sales. Learn more

Energy Star Certified Buildings Reach Critical Mass

The U.S. Environmental Protection Agency estimates that its Energy Star method for scoring the energy efficiency of buildings is being used in 44B square feet of floor space, which represents about half of all the commercial real estate in the U.S. As a result, nearly 35,000 properties representing 5B square feet of space have earned the EPA's Energy Star certification. In 2018, Los Angeles had the most Energy Star certified buildings (716), followed by Washington, D.C (661), Dallas (467), Atlanta (441) and New York (434). Learn more

Anatomy of a Co-Working Deal: What You Need to Know

Please join Ellen Sinreich and her co-panelists on May 1st in New York City for a lively discussion of the leasing, design and construction issues that both landlords and tenants must consider when structuring co-working deals. While the "space-as-a-service" office sector is in high demand, determining where, when and how to set up shop is laced with legal implications that will dictate the success, profitability and viability of these deals. Learn more

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