Billion-Dollar Megaproject With Basketball Court, Skate Park, Indoor Pool, Launches Condo Sales

A Rendering Of Waterline Square

Waterline Square, the new megaproject in one of the last remaining Manhattan waterfront development sites, has launched condo sales.

The three-tower complex is owned by GID Development Group and designed by a combination of Richard Meier & Partners Architects, Viñoly Architects and Kohn Pederson Fox Associates. When completed, the buildings will total 2.2M SF surrounding a staggering amenity center and private park, sitting between 59th and 61st streets, right on the Hudson River.

The amenity space, dubbed the Waterline Club, will be 90K SF, including the first indoor tennis court in any New York residential project, squash courts, a lap pool, an indoor skate park, an indoor soccer field, a full basketball court, steam rooms, a sauna, a yoga/barre studio, a bowling alley, a movie theater, and several gaming rooms for adults and children.

Move-ins are expected to begin in 2018, and condo prices start at $2M, with an expected 20-year tax abatement. Corcoran Sunshine Marketing Group is leading the sell-out, which GID hopes will recoup it $1.15B.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's New York Newsletters
Related Stories

Housing Completions Close To 40,000 As LDA Adds Major Site And CEO Departs

Voorhees Greenlights 178-Unit Office-To-Resi Conversion Amid Multifamily Boom

Battered Mortgage REIT Suspends Dividend To Preserve Cash

RXR Marketing Executive Lauren Maturo Dies At 32

Weil Gotshal Wind-Down Leaves 830K SF Hole In America's Office Market

Tyko Capital Sets New Record For Florida's Largest Construction Loan

Meet Bisnow's 2026 New York Power Women Honorees

Hof Wonen Acquires 251 Social Rental Houses In New Mixed-Use Project In The Hague

Related, Oxford Land Tenant For Top Floors Of 70 Hudson Yards

BXP Execs See Better Returns In Building Offices Than Buying Them

Capital Flooded Into Bay Area Apartments. Then Treasury Yields Spiked

The New Challenge For Apartment Managers: Proving Listing Photos Are Real