Real Estate Weekly
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NEW DEVELOPMENT: Waterline Square tops out, Centurian condos hit the market


Jonathan Rose Companies announced the launch of Caesura, a rental property at 280 Ashland Place in the Brooklyn Cultural District.

Caesura, situated directly across from the Brooklyn Academy of Music, is named for a pause in the middle of a line of music or poetry.

Caesura features 123 market-rate, middle-income, and affordable apartments in a mix of studio and one- to two-bedroom homes, along with 34 furnished micro units.

The property introduces a library of “Common Goods” – aN assortment of items that residents might need occasionally but don’t need or have the space to own. Such items are available for check-out at Caesura, and include folding chairs and tables for card games, kitchen appliances, and even guitars and amps for the musically inclined.

The property’s green features include quiet heating and air conditioning systems that are quite energy efficient, a rooftop garden lounge with aN ecosystem of indigenous plants that attracts pollinating insects and birds.

“We have crafted this modern building to make it a thoughtful place to live where the living space extends beyond the apartment into the Caesura community,” said Jenny Wu, Development Manager of Jonathan Rose Companies.

“The design of the building encourages the interaction of neighbors, the sharing of goods and ideas, and the convergence of housing and life. We hope to offer our residents a life with enriched experiences and sanctuary.”

Caesura sits at 280 Ashland Place at the intersection of Ashland Place and Lafayette Avenue, across the street from the Brooklyn Academy of Music and next to the Mark Morris Dance Group.
Amenities include a concierge service, fitness center, double-height conservatory, community lounge and game room, bicycle storage, and laundry room.

The 34 micro-unit apartments are efficiencies under 400 square feet delivered with flexible, convertible furniture from Resource Furniture, such as a sofa and shelving unit that coverts to a bed, and a desk that expands to a dining table.

Rental prices start at $2,590/month for furnished micro-unit apartments, $2,360/month for unfurnished studios, and go up to $4,795/month for two-bedroom units. Private balconies are available with select floorplans.

Dattner Architects with Bernheimer Architects, collaborated to design the building’s façade. The 12-story building was designed to exceed Enterprise Green Communities criteria and was designed to achieve LEED for Homes Gold certification.

The Bozzuto Group, a residential property manager, will offer concierge services. Apartments will be available for move-in beginning February 2018.


GID Development Group celebrated the official topping out of Waterline Square, the 2.2 million-square-foot, three-tower mega-development.

Designed by three renowned architects, One Waterline Square by Richard Meier & Partners Architects reached 37 stories, Two Waterline Square by Kohn Pedersen Fox Associates (KPF) reached 38 stories and Three Waterline Square by Viñoly Architects reached to 34 stories.

Located on one of the last remaining waterfront sites in Manhattan between West 59th Street and West 61st Street on the Hudson River, Waterline Square, which is slated to commence closings in late 2018, features 263 condominiums that begin on or above the 20th floor of each building.
Interiors ARE by Champalimaud Design, Yabu Pushelberg, and Groves & Co.
Developed concurrently, each glass building will be distinct. The array of one- to five-bedroom homes feature a selection of hand-picked materials, custom kitchen cabinetry and marble baths.

The three buildings will surround a new, landscaped park. Encompassing nearly three acres, the Mathews Nielsen Landscape Architects-designed space features a tree-lined groves, open grass areas, walking paths, a playground, fountains, and other water features.

Kelly Kennedy Mack, President of Corcoran Sunshine Marketing Group, exclusive marketing and sales agent for Waterline Square, SAID, “Since launching sales earlier this year, reception from buyers has been overwhelming, which is no surprise given the development’s extraordinary caliber of design and immense lifestyle offering.”

Residents will have access to The Waterline Club — which connects One, Two, and Three Waterline Square — a collection of indoor amenities available to all residents. Designed by Rockwell Group, The Waterline Club offers programmed sports and fitness, swim and spa, leisure and social, creative, children, and pets spaces.

Each individual building at Waterline Square will have its own selection of private spaces available to condo residents.
Prices start at approximately $2 million and the development anticipates a 20-year tax abatement.


Douglas Elliman announced that six of the newly-converted and luxuriously-renovated condominiums at the historic landmarked Centurian Building are now on the market. Listed on the National Register of Historic Places, the famed building is located at 1182 Broadway in the heart of Manhattan’s NoMad neighborhood.

The 16-story former industrial building was originally converted into 39 residential rentals in 2014 by longtime owners Calvin and Maxwell Haddad of Mocal Enterprises. In 2016, Haddad converted these units into condominiums as a direct result of NoMad’s residential boom.

“Buyers are seeking opportunities to invest in what has been a stable real estate market,” explains Maxwell Haddad. “The timing and marketplace are perfect for those who want to enjoy a luxury lifestyle in a prime and valuable location. The goal of this project is to give these potential buyers the opportunity to do just that.”

Douglas Elliman’s Roger Erickson and Keyan Sanai have been named the exclusive agents for the project.

The condominiums are priced between $2 million to $5 million and are comprised of one and two bedroom homes. All residences 10’ ceilings, custom moldings, radiant heat flooring and recessed lighting throughout.

The Centurian Building has a 24-hour doorman, fully-furnished roof deck, concierge service, bike room, manned and unmanned elevators, and is pet friendly.

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