Commercial Real Estate & Advisory

Sinvin Realty Now Gearing Up for Dramatic Growth

August 15, 2007

Sinvin Realty, LLC, announced it has set the stage for a major expansion of its business with a move to vastly larger offices at 170 Varick Street.

The move from its former 1,600 s/f space at 180 Varick, gives Sinvin plenty of room – 6,000 s/f – to execute its plan for increasing its brokerage staff from 9 to 24 within the next year and create a property development team as well. To help guide the next phase of growth, Michael Glanzberg – originally from New York and a former partner at a California law firm – recently joined the firm as Managing Director and General Counsel, enhancing Sinvin’s sophisticated range of services.

Sinvin’s growth is designed to accommodate the strong demand for Sinvin’s coveted resources. “We’re gearing up for a threefold increase in our professional staff,” said Sinvin principal Bruce Sinder. “In our new location, we look forward to expanding our core clientele in the ‘creative zones’ of Downtown Manhattan – the edgy districts that have been mainstays for design and media firms, and now also are booming with more traditional businesses such as legal and finance.”

Principal Christopher Owles will help Sinvin to refine its operation into focused groups of brokers who specialize in distinct areas of luxury retail and office space for art, fashion, home décor, and other creative industries.
“These specialists will have expertise not only in tenant services, but also in sales and real estate investing,” Owles said. “They will capitalize on our experience in meeting the needs of clients in highly creative industries for access to property in the downtown market.”

Glanzberg added, “Our expertise in visualizing clients’ needs and aligning them with unique spaces, combined with our proprietary knowledge of where opportunities are available before they are generally known, will continue to increase our customer satisfaction and growth. Our enhanced resources will allow us to satisfy the demands of an increasingly sophisticated customer-base including large-scale investors and developers.” Sinvin’s newly built offices, leased for 10 years in the 12-story Hudson Square gem owned by Trinity Church, are the handiwork of architect David Howell of David Howell Design in Manhattan.

“Sinvin is moving into a beautiful commercial building that is ideal for creating the kind of ‘loft’ environment that has enormous appeal to the creative clientele they serve,” Howell said. “Their new space will be inspiring particularly for clients who are wondering about the possibilities of what can be done with the elements of a ‘raw’ industrial space. Sinvin’s finished offices provide an answer that is both beautiful and highly functional – and that conveys their stature and brand as the premier Downtown commercial brokerage catering to creative clients.”