Commercial Real Estate & Advisory

Change of The Guard at Sinvin as Bruce Sinder Steps Down

January 22, 2008

Change of The Guard at Sinvin as Bruce Sinder Steps Down

Sinvin Realty LLC, a longtime leader in Downtown Manhattan commercial real estate, announced that principal and co-founder Bruce Sinder has retired.

Sinder’s departure marks the close of a distinguished, three-decade career at Sinvin, during which he played a central role in making the firm’s brokerage and property services indispensable to many of the hippest retailers, creative companies and savvy real estate investors seeking to expand in lower Manhattan.

With Sinder’s departure, Michael Glanzberg, Sinvin’s managing director and general counsel, will move up as principal alongside current principal, Christopher Owles.

“In this changing of the guard, we are committed to preserving the reputation for integrity, trustworthiness and quality of service that Bruce Sinder has forged at Sinvin,” said Glanzberg.

“Bruce’s thoughtful and innovative approach to matching our clients with the unique spaces that precisely meet their needs will continue to be a driving force at Sinvin.”

Sinder’s experience in brokering Downtown real estate began when he answered his first Soho loft ad in 1974. Since then, he has built and refined a strategy for making Downtown a magnet for hip, high-end retailers and businesses like Helmut Land, Dean and DeLuca and Balthazar Restaurant, as well as numerous post-production, architectural, design and other creative firms looking for edgier, sexier offices.

Under Sinder’s leadership, Sinvin’s market niche expanded beyond Soho to encompass Tribeca, Chelsea, Greenwich Village and the Meatpacking District.

In the past decade, Sinder found a peer and collaborator in Owles. Together they negotiated a myriad of deals for retailers like Marc Jacobs, Olive & Bette’s, and James Perse.

Newly named partner Glanzberg joined Sinvin in March 2007. Since then, Owles and Glanzberg have teamed to close the $70 million sale of 414-418 West 14th Street, and they have secured two important exclusives – a Soho site for a one-of-a-kind 40,000 sf new office and retail development, and a prized luxury retail corner being built in the heart of Soho at 144 Spring Street.