20-year 421a Tax Abatement. Closings comence in 2019. South and east views incorporating both the Hudson River and the New York City skyline are imparted through floor- to-ceiling windows, with double exposure in the living and dining room. Generous closet space in the master bedroom provides ample storage. 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 fully-vented dryers. Each bathroom is cradled in a bespoke and indulgent array of stone and wood cabinetry. Private condominium amenities, located on the 22nd Floor, include a private 12-seat dining room with catering kitchen, lounge and social space with wet bar, media room, great room with two fireplaces and access to the fully-furnished and landscaped terrace.Three Waterline Square, designed by lauded architect firm Violy stands proudly on Waterline Square savoring the full landscape of the park at its feet, and meeting the sky with its dramatic crown. The faceted glass form is like no other, as visually arresting as masterful architecture can be. Its distinctive one to four bedroom residences are characterized by carefully expressed corners and gently sloping exterior walls which fully optimize the water, park, and skyline views that surround these upper floors. Conceived by AD100 designer Groves & Co., indulgent materials, layered with a modern hand culminate in residences that offer stylish comfort, and celebrate the captivating architecture. As part of Waterline Square, residents will have a life that transcends expectations with lush greenspace and new restaurants, markets, and retail outside their front door and over 100,000 square feet of sports, leisure, and lifestyle amenities and a 20-year 421a 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: RCB4 Residential For Sale LLC c/o GID. File No. CD16-0352.
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