Real Estate Weekly
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New Development: UWS development recognized for design

● GID Development Group
UWS development wins three design awards

Waterline Square, the three-tower, residential development on the Upper West Side, was recognized by the National Association of Home Builders and the recipient of three awards. As this year’s most-decorated development, Waterline Square, owned by GID Development Group, won three Multifamily Pillars of the Industry Awards, including Best High-Rise Apartment Community, Best Property Website and Best Interior Merchandising of a Sales Gallery.

The National Association of Home Builders’ annual Multifamily Pillars of the Industry Awards program highlights creative development concepts, innovative financing strategies, great design and superior management and marketing in the apartment and condominium marketplace. Waterline Square was recognized for the design of its overall community, sales gallery and project website.

The development features architecture by Rafael Viñoly Architects, Kohn Pedersen Fox Associates and Richard Meier & Partners Architects, complemented by interiors spearheaded by world-renowned interior designer Champalimaud Design, hospitality firm Yabu Pushelberg and AD100 designer Groves & Co. Design firm Eight Inc. is responsible for the design of the sales gallery, while King & Partners designed the development’s website. Hill West Architects is the project’s Architect of Record.

Waterline Square offers condominium residences with prices beginning at approximately $2 million. The development has a 20-year tax abatement, and closings are anticipated to commence imminently. Waterline Square also has one-to-four-bedroom rental residences, with pricing starting at $4,130 a month.

Cape Advisors
Compass marketing Sag Harbor homes

Compass has announced the firm is taking over sales at Watchcase Condominiums, Sag Harbor’s new development complex.

Cee Scott Brown, Jack Pearson, and Jeremy Dunham, who launched sales and sold 85 percent of the project while at their previous brokerage, will again oversee sales and marketing of eight remaining units. 

Watchcase has been represented by several brokerages since launching sales in 2013, including Corcoran, Bespoke, and Sotheby’s. Jeremy Dunham, part of the CeeJackTeam, has handled all on-site rentals at Watchcase since 2015.

Remaining units include one studio, two penthouses, and five townhomes, ranging in price from $600,000 to $3.995 million.

Once the historic site of the long-shuttered Joseph Fahys & Co and Bulova watch case Factories, the complex was transformed into a four-story building with 63 condominium units including factory lofts, newly constructed duplex townhouses, and bungalow residences.

The project was developed by Manhattan-based Cape Advisors and designed by renowned architectural firm Beyer Blinder Belle. 

Rockefeller Group
Penthouse revealed at NoMad tower

With closings expected to commence this summer, Rose Hill, NoMad’s new Art Deco residential tower by developer Rockefeller Group, has released its most expensive unit to date, Penthouse A.

Situated at 30 East 29th Street between Park and Madison Avenues, Rose Hill has been designed by CetraRuddy and listed for $18.75 million. The three-bedroom, 3.5 bath home spans the 42nd and 43rd floors of the 45-story tower and features 4,394 s/f of interior space. With floor-to-ceiling windows and ceiling heights soaring up to nearly 30 feet high, the home also offers access to 1,331 s/f of exterior space spread across three private terraces.

With a dining room, living room and two bedrooms on the main floor, the master suite is located on the top floor. A flex room is also on this level and can be customized as a study or additional bedroom. The master bath has stonewalls and heated floors. 

The listing is being handled by CORE, the exclusive sales and marketing firm for the building. 

Related Companies
Sales launch at High Line buildings

Related Companies has launched sales at Lantern House, its West Chelsea condominium designed by Heatherwick Studio with interiors by March & White. Currently rising at 515 West 18th Street, Lantern House is comprised of 181 residences throughout a 22-story west building and a 10-story east building, joined by a glass lobby pavilion under the High Line. 

Each home will feature ceiling heights up to 10’9”, 8’ tall solid core wood doors and 5” wide oak flooring.

The courtyard designed by Hollander Design wraps around the 1,900 s/f, free-standing glass-walled lobby pavilion. Residents will also be able to enjoy a co-working lounge and a Loggia Gallery furnished with a mix of lounge and bar seating that opens onto a courtyard.

The two-story health club includes a 75-foot long swimming pool, cold plunge pool, hot tub, traditional and infrared saunas, locker rooms, men’s and women’s steam rooms, and spa treatment room. Additional amenities include a children’s playroom and an outdoor play terrace. Residents also have access to a rooftop sundeck, a barbecue area, a fire pit, dining table and chaise lounges. Lantern House will also feature an on-site garage, bicycle storage and ground floor retail space.

Lantern House features one- to four-bedroom residences, many with private setback terraces, and penthouses. Pricing will start at $1.395 million to approximately $17 million. Related Sales LLC and Corcoran Sunshine Marketing Group are the exclusive marketing and sales agents for the development. Occupancy is slated for fourth quarter 2020.

● Victor Group, Lendlease
‘Pre-school of rock’ on Fifth Avenue

Residential tower 277 Fifth Avenue, developed by Victor Group and Lendlease, has announced its list of lavish amenities, that includes a “PreSchool of Rock” music program.

In partnership with concierge company LIVunLtd, other offerings for young residents include dance classes like “Twinkle Ballerina,” an interactive puppet show and arts & crafts in a children’s playroom.

Additionally, for the enjoyment of all residents, there are a variety of yoga classes, including dog yoga and CBD yoga.

The building has 7,000 s/f of amenity space across two floors with offerings including fitness center, yoga studio and steam rooms for men and women and the rooftop available for meditation.

There’s also a doggy day club, lounge with ping-pong and an entertaining suite with separate bar and kitchen pantry and private dining room.

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