Tag Archives: Waterlinesquare

Waterline Square 20% sold

by  Brian Silvestry

The final phase of the Riverside South project that started in 1974 is due to complete construction in late 2019. The 3 buildings will be a mix of rentals and condos with an amenity space that includes a tennis court, and a swimming pool. The developers have a food hall by the Cipriani Group that will take up a portion of the retail and a park in between the starchitect designed buildings known as 1,2 and 3 Waterline Square. Prices start at $1.83 million.

Bloomberg Coverage

Riverside Center Upper west side now Waterline Square

Three of the biggest starchitects will be designing the three remaining buildings coming to the Riverside Center development. Richard Meier and Partners Architects, Rafael Viñoly Architects, and Kohn Pedersen Fox Associates will all be designing buildings that will have the name 1,2 and 3 Waterline Square.  The three condos will have condos on top and rentals on the bottom and will have a 20 year tax abatement. The development is between 59th and 61st street, the Hudson River and Freedom Place. They will connect via a park to 1 West end avenue, the amenities rich Silverstein and Elad collaboration that is selling very well. 21 West end avenue is right next door and is a rental building with 616 units and will be the new home of PS 191 if the Upper west side school rezone goes through later this month.

It will be interesting to see the pricing of the new condos since the sales have gone well at 1 WEA and One Riverside Park sold out very quickly as well. If I was guessing, I would say around $2500 per sqft and up given the market conditions and location. Completion is set for 2018.

More Waterline square coverage here from CurbedNY