Waterline Square is celebrating a record first half of the year in sales and leasing volume. After successfully closing more than 100 condominium sales in 2020, the waterfront development boasts 17 new signed contracts so far in 2021, valued at over $85M, and nearly 200 new leases since January. Waterline Square signed 67 leases in May alone, marking it the development’s most successful month of leasing since launching in late 2019. The rental residences are more than 53 percent leased and the condos, more than 65 percent sold.
The three-building luxury residential development on Manhattan’s Upper West Side continues to be one of the top-performing new developments in Manhattan across the condominium and rental market. With over 65 percent of its condominium residences sold, Waterline Square has been recognized as one of the top-selling new developments each month since the project launched. From April 2020 to June 2021, the development boasted the highest number of contracts signed above $4 million, with 10 signed contracts. These new contracts are for three- to five-bedroom homes. Additionally, the development set a new record for price-per-square-foot on Riverside Boulevard with a condominium selling for over $4,000 per square foot.
Located on five acres along the Hudson River waterfront between West 59th Street and West 61st Street, the three-building development has been designed by a team of world-famous architects and designers, including Rafael Viñoly Architects, Kohn Pedersen Fox Associates and Richard Meier & Partners Architects and interiors by Champalimaud Design, Yabu Pushelberg and Groves & Co.
Its residents have access to an extraordinary collection of indoor amenities connecting all three residential towers. Designed by Rockwell Group, the Waterline Club boasts 100,000 square feet of programmed spaces, including the first regulation-size indoor tennis court and indoor skate park in a residential development in New York City. The development also features a lush 2.6-acre park designed by acclaimed landscape architecture firm Mathews Nielsen Landscape Architects, as well as three hospitality partners, Cipriani, Empellón and Somm Cellars Wine & Spirits.