Anticipated 20-year 421a Tax Abatement. Closings Commence in 2019.Eastern city views are enjoyed through floor to ceiling windows in this one bedroom, one bathroom residence. The well-appointed U-shaped kitchen is a true chefs delight with an abundance of counter space and storage. The breakfast bar that opens to the living space can seat two comfortably. The bedroom enjoys a large walk-in closet and gracious five-fixture bath with deep soaking tub and extra-large walk-in shower plus double vanity. A fully vented washer/dryer is located off the foyer. The collaborative design firm of Yabu Pushelberg honors the pride and scale of the exterior with interior choices predicated on permanence. Custom Italian kitchens by Scavolini celebrate the individual and discerning tastes of each resident. Outfitted with Gaggenau appliances and punctuated by polished chrome Dornbracht fixtures, each kitchen will supply fully-vented range hoods, wine refrigerators and garbage disposals. Residents will also enjoy a fully-vented dryer. Each bathroom is cradled in a bespoke and indulgent array of stone and wood cabinetry. Private condominium amenities, located on the 18th Floor, include a private 22-seat dining room with catering kitchen, lounge with river-view balcony, media room, billiards table and bar, great room with fireplace and access to a fully furnished and landscaped 3,700sf sundeck with two outdoor kitchens.Two Waterline Square is designed by Kohn Pedersen Fox Associates, known for their distinctive majestic towers around the world, and is situated on the northeast expanse of Waterline Square. With a cascading facade that sweeps from the west down to the east, Two Waterline Square is perfectly positioned in the sky to honor its riverfront location with views towards the George Washington Bridge and the surrounding city landscape as elongated as its facade. A comprehensive new community joining Midtown with the Upper West Side, Waterline Square is a dynamic collection of three distinct towers designed by the worlds most accomplished architects and surrounds a curated new park that brings lush landscapes through the towers and connects them to the city. Spanning a full city block between Sixtieth and Sixty-First Streets at Riverside Boulevard, the bold, impressively scaled architecture gives special prominence to outdoor spaces with private set-back terraces near the top as well as a glamorously appointed sundeck for entertaining and lounging. In addition to the amenities exclusive to the condominiums of Two Waterline Square, residents will have access to thousands of square feet of dramatically designed sports, fitness, leisure, and outdoor amenities and features, and an anticipated twenty-year 421 tax abatement. www.waterlinesquare.comWaterline Square elevates the modern residential experience, offering a life that transcends expectations. Rethink how you live.The complete Offering Terms are in an Offering Plan available from Sponsor: RCB1 Residential For Sale LLC c/o GID. File No. CD16-0170.
Manhattan’s Upper West Side extends from 59th St. to 110th St., west of Central Park and is recognized as a diverse cultural area. Many residents have migrated to this area to enjoy the prewar family-sized apartments, brownstones, walk-ups, and extravagant new condominium buildings. Residents with children will find excellent private schools in this area and will benefit from easy access to both Riverside and Central Park. Culture buffs will be smitten with the proximity to Lincoln Center, The Museum of Natural History, The New York Historical Society and The Manhattan Children’s Museum. There are numerous unique boutiques, specialty food stores, eclectic restaurants, and trendy bars on the Upper West Side.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more