AECOM Tishman taking on another Waterline Square building

Company is one of the city's most active general contractors

TRD New York /
May.May 24, 2017 06:33 PM

In the last seven years, several things have changed for a massive development on the Far West Side: its name, its owners and its architects. A mainstay for Waterline Square, however, seems to be the construction team.

AECOM Tishman has served as construction manager for a majority of the development, and recently approved permits show that the company is also handling construction at 635 West 59th Street, the Rafael Viñoly-designed condominium that’s branded as Three Waterline Square.

In November, developer GID Development tapped starchitects Viñoly, KPF and Richard Meier to design its three towers, respectively, at 635 West 59th Street, 400 West 61st Street and 10 Riverside Boulevard. GID landed a $2.3 billion financing package for the project that same month.

The developer gradually scooped up the sites in 2015 from Extell Development and the Carlyle Group for a total of $675.9 million. Extell and Carlyle originally envisioned the project as Riverside Center, a 77-acre mixed-use development, but the developers ended up selling off pieces of the development site after years of delays.

Construction is underway at all three of GID’s towers, which are expected to be complete in 2019. Tishman also served as construction manager on 50 Riverside Boulevard, known as One Riverside Park, a 200-plus unit condo tower developed by Extell. A spokesperson for Tishman indicated that the company has worked on the Waterline development since 2014, when it began some pre-construction work.

Tishman, along with AECOM’s other construction arm Hunt, took the top spot of The Real Deal’s first-ever ranking of the city’s top general contractors.

(To view contracting companies in TRData’s database, click here)


Related Articles

arrow_forward_ios
New York’s real estate market is becoming two different stories: Manhattan, where deals are falling — and the suburbs, where demand is spiking. (iStock, Unsplash)

Manhattan is cold, the suburbs and Brooklyn are hot: Here’s what the resi market looked like in July

Manhattan is cold, the suburbs and Brooklyn are hot: Here’s what the resi market looked like in July
Home sale price declines are expected for July, after a recent bump, according to a CoreLogic report. (iStock)

Home sale prices got a bump, but a drop is coming: Report

Home sale prices got a bump, but a drop is coming: Report
(Images courtesy of Victor Group)

The Getty condo chops prices up to 53%

The Getty condo chops prices up to 53%
442 Union Street and 257 Berry Street (Google Maps)

Brooklyn’s luxury market reaches new pandemic high

Brooklyn’s luxury market reaches new pandemic high
Marwan Kheireddine (inset), Jennifer Lawrence and 400 East 67th Street (Getty, Compass, BDL Accelerate)

Jennifer Lawrence’s Upper East Side PH sold at 37% loss

Jennifer Lawrence’s Upper East Side PH sold at 37% loss
Senate Minority Leader Chuck Schumer and Senate Majority Leader Mitch McConnell (Schumer by Tasos Katopodis/Getty Images; McConnell by Ting Shen/Xinhua via Getty)

Schumer v. McConnell on SALT: Who’s gonna give?

Schumer v. McConnell on SALT: Who’s gonna give?
111 Leroy Street and 817 Fifth Avenue (StreetEasy, Google Maps)

Luxury deals plummet in Manhattan — again

Luxury deals plummet in Manhattan — again
From left: Jared Kushner, 715 Park Avenue, Deutsche Bank CEO Christian Sewing, and Rosemary Vrablic (Credits: Kushner by BRENDAN SMIALOWSKI/AFP via Getty Images; 715 Park via Google Maps; Sewing by by Thomas Lohnes/Getty Images; Vrablic by PAUL LAURIE/Patrick McMullan via Getty Images)

Apartment sale to banker for Trump and Kushner probed

Apartment sale to banker for Trump and Kushner probed
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...