Contributor articles do not necessarily reflect the policy or opinions of this publication.With convenient, direct resident connections to One, Two and Three Waterline Square, the Waterline Club is home to an extraordinary collection of sports and fitness, swim and spa, leisure and social, creative, children’s and pets’ spaces.
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Making it as easy as possible to find the news and equipment that you need and want.Ĭontents Copyrighted 2022, by Construction Equipment Guide, which is a Registered Trademark, registered in the U.S. Now we extend those services and information to the internet. Corcoran Sunshine Marketing Group will exclusively handle the sales and marketing for Waterline Square, with sales expected to launch in early 2017.įor more information on Waterline Square visit Today's top storiesĬonstruction Equipment Guide covers the nation with its four regional newspapers, offering construction and industry news and information along with new and used construction equipment for sale from dealers in your area. (9,290 sq m) of best-in-class sports, leisure and lifestyle amenities among the three towers, as well as a new landscaped park and open spaces at the heart of the development. The entire development boasts more than 100,000 sq. Located along the Hudson River from West 59th Street to West 61st Street, where Midtown meets the Upper West Side, Waterline Square is being developed on the last remaining waterfront sites on Riverside Boulevard and will complete this waterfront neighborhood master plan vision that has been under way for more than two decades.Įach of Waterline Square's newly constructed buildings will be residential, featuring luxury condominium residences that crown each tower with sweeping views of the Hudson River and Manhattan skyline. Three world-renowned and award-winning architects including Richard Meier & Partners Architects, Viñoly Architects, and Kohn Pedersen Fox Associates were commissioned to design an iconic collection of three luxury residential and mixed-use buildings, which will be set upon a beautifully landscaped park spanning approximately 3 acres, all of which will be developed and completed simultaneously. The combination of amazing location, unprecedented amenity program, new park and open spaces, outstanding views, along with a collection of three of the world's most celebrated architects will position Waterline Square at the forefront of New York City's truly great development endeavors and luxury residential offerings." "This financing package reaffirms our confidence in this unique Manhattan waterfront development and our design and development team's ability to create the most innovative, comprehensive, and cohesive residential experience in New York City.
"We are extremely pleased to have closed on this sophisticated transaction with the most highly regarded investment partners and real estate lending institutions in the world," said James Linsley, president of GID Development Group. The New York and Boston teams of HFF had an advisory role on the financing arrangement. The $2.3 billion total package is believed to be the largest for a residential construction project ever in New York City history, consisting of equity investments from the development's ownership team of GID and the Henley Holding Company, a wholly-owned subsidiary of the Abu Dhabi Investment Authority, and a $1.243 billion construction financing provided by a bank syndicate led by Wells Fargo as administrative agent along with co-lead arrangers HSBC, National Bank of Abu Dhabi, and JP Morgan. GID, a national real estate organization with a portfolio of existing properties and development projects that exceeds $16 billion, announced the closing of the largest residential construction financing of the year for Waterline Square, its three-building luxury residential development now under construction on Manhattan's Upper West Side along the Hudson River. Waterline Square encompasses nearly five acres and will be located in Manhattan along the Hudson River from West 59th Street to West 61st Street, where Midtown meets the Upper West Side.
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