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.

International Council of Shopping Center’s Annual RECon

I joined thousands of other retail real estate professionals in Las Vegas recently for ICSC’s annual RECon convention. Keynote speakers included Tony Romo, former Dallas Cowboys quarterback; Marcus Lemonis, TV personality and owner of several businesses, including Camping World and Gander Outdoors; and Julie Rice, co-founder of Soul Cycle and Partner of WeWork. Learn more

Health and Wellness Takes Retail by Storm

According to a study released by JLL at RECon, an estimated 2,800 medical clinics were located in retail properties at the end of 2017, up from 351 a decade earlier, while the number of health care tenants has grown by 47% over the past 3 years. Healthcare tenants are filling vacancies caused by the disappearance or downsizing of many traditional retailers. As a result these healthcare ‘retailers’ are able to provide their customers/members/patients with the convenience that is the hallmark of well-located retail properties. Learn more

Co-Working in Shopping Centers: A Perfect Match

Along with the proliferation of retail healthcare facilities, shared work spaces in shopping centers is fast becoming another significant ‘retail’ trend for many of the same reasons. Leaders from co-working providers Industrious and Spacious discussed the Co-Working Craze with a standing room only audience at RECon. Justin Stewart, President of Industrious, noted that co-working locations in shopping centers fill up faster than those in office buildings: 20 days vs 90 days on average and boost adjacent rents in strip centers by up to 30%. Learn more

Reports of Brick-and-Mortar Retail's Demise are Greatly Exaggerated

According to ICSC Research citing NCREIF figures, North America’s shopping centers experienced increased occupancy, rents and net operating income (NOI) in the 1st quarter of 2019. Occupancy topped 93%, rents rose by 2.3% and NOI went up by 1.4%, as compared to the 1st quarter of 2018. Shopping centers the Midwest enjoyed the most improved NOI performance, an increase of 8.8%, followed by centers in the South, where NOI increased by 4.1%. Learn more

The “Hotelification” of Real Estate

Please join ULI NY for a lively discussion with Ellen Sinreich and panelists who are actively disrupting the retail, office and housing markets for a lively discussion of how different real estate asset types are reinventing tenant and customer experience by drawing significantly from long held practices in the hospitality industry. We’ll discuss amenities, design, furnishings, service components, sales tactics, rent duration, revenue practices and other hospitality concepts that are being deployed in retail, office and residential properties to meet changing tenant and customer demands. Learn more

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