20-year 421a Tax Abatement. Closings Commence this Winter.This southwest facing corner two bedroom residence features floor-to-ceiling windows with double exposure overlooking the Hudson River, as well as south City skyline and Waterline Park garden views in the living and dining room. Both bathrooms are en-suite and the master bedroom features a large walk-in closet. The powder room is conveniently located in the entry hallway just past the foyer, and three additional hallway closets provide ample storage. Sweeping reverently from east to west along 61st Street and culminating at the Hudson River is Two Waterline Square, masterfully designed by the globally significant architects of Kohn Pederson Fox. 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 and will benefit from filtered air and water plus four-pipe HVAC system. 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.The experience at Two Waterline Square is remarkable in every way. The condominium lobby welcomes residents with plush seating areas and stone fireplace. 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 a twenty-year 421 tax abatement. www.waterlinesquare.com Waterline 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: RCB3 Residential For Sale LLC c/o GID. File No. CD16-0351.
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