Cipriani Waterline Square

Cipriani family plans to open food ha上海贵族宝贝交流区

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Waterline Square megaproject Family behind famed restaurants will open 28K sf market at GID’s 2 Waterline Square

From left: GID s James Linsley, Giuseppe Cipriani and renderings of Waterline Square (Credit: Noe Associates with The Boundary)

The Cipriani family plans to open a food market at GID Development Group s W上海千花网

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aterline Square megaproject on the Upper West Side.

The family behind the famed restaurants signed a lease to open a 28,000-square-foot food hall with a market, restaurants and fast-casual options at 2 Waterline Square, GID announced Monday. Kohn Pedersen Fox is designing that building, one of three condominium towers GID and partner Henley Holding Co. are developi爱上海同城手机版

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ng in Waterline Square.

Mitch Friedel at Newmark Knight Frank negotiated on behalf of GID, while Barry Goodman also of Newmark represented Cipriani.

GID and Henley, a subsidiary of the Abu Dhabi Investment Authority, landed more than $1.2 billion in construction financing in November 爱上海同城对对碰

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from a consortium of lenders. It s one of the largest construction loans of this cycle. The project features a total of 1,132 residential units.

GID and Henley are targeting a sellout north of $1 billion for three condominium towers, according to an offering plan accepted in late May by the New York State Attorney General s office.

The Cipriani family also plans to open a hotel in the South Street Seaport by the end of the year at 33 Peck Slip.  Rich Bockmann

Tags: cipriani, Commercial Real Estate, Development, GID Development
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