(Upper West Side, NY) — The folks behind the Italian restaurant Cipriani has just announced that it plans on building a massive food hall in three of new towers in the Upper West Side of Manhattan. The 28,000-square-foot space allows you to get a sense of how large the food hall will be, and if it can compete with Eataly.
General Investment & Development (GID), the builders behind the planned Waterline Square development, announced the deal this week.
The exact location of the luxury buildings is at 30 Riverside Boulevard, which spans from 59th to West 61st Streets. The condos are known as Two Waterline Square, and the high-end market is a cavernous culinary experience with multiple food and beverage sections spread around the building. The three buildings plan on creating over 260 condos and over 800 rentals with twenty percent of apartments below market rate.
The Cipriani name has proved successful over the years, with locations spread around the city: 5th Avenue, West Broadway and Wall Street. The food is Italian, and while the restaurants have not been tarnished, they are best known for its glitz, sheen, and glamour, and less about the food.
THE PEOPLE BEHIND THE PROJECT
The $2.3 billion project comes from James Linsley, president of GID Development Group, and the money spent on the hall includes the designs by noted Richard Meier & Partners Architects, Viñoly Architects, as well as the famed designer Kohn Pedersen Fox Associates. Mitch Friedel at Newmark Knight Frank negotiated on behalf of GID, while Barry Goodman, who is also from Newmark, represented Cipriani. The development will feature a total of 1,132 residential units.
The Cipriani family’s roots in the culinary industry go back to 1931, when Giuseppe Cipriani Sr. opened Harry’s Bar in the Piazza San Marco, Venice. Today the family own restaurants at Miami, Los Angeles, Hong Kong, Mexico City and Dubai.
“Cipriani joining us as a retail partner for Waterline Square further signifies the important evolution of this waterfront neighborhood and will provide future residents and visitors with the ultimate lifestyle experience all in one place,” James Linsley, president of GID Development Group, said. In a statement, Giuseppe Cipriani added that:
“The goal is to create a kitchen away from home for residents, as well as a world-class, interesting and fun destination for visitors. It is really exciting to be a part of GID’s innovative vision for this unique and vibrant residential neighborhood.”