GID DEVELOPMENT GROUP ANNOUNCES THE TOPPING OUT OF WATERLINE SQUARE WHERE MIDTOWN MEETS THE UPPER WEST SIDE OF MANHATTAN Three-Tower Waterfront Mega-Development Designed by Richard Meier, Rafael Viñoly, and KPF is the Culmination of a 25-year Masterplan New York, NY – December 13, 2017 – GID Development Group, a national real estate firm, celebrated the official topping out of Waterline Square, the 2.2 million- square-foot, three-tower mega-development. Designed by three world-renowned architects, One Waterline Square by Richard Meier & Partners Architects reached 37 stories, Two Waterline Square by Kohn Pedersen Fox Associates (KPF) reached 38 stories and Three Waterline Square by Viñoly Architects reached to 34 stories. Located on one of the last remaining waterfront sites in Manhattan between West 59th Street and West 61st Street on the Hudson River, Waterline Square, which is slated to commence closings in late 2018, features 263 condominiums that begin on or above the 20th floor of each building. With interiors by Champalimaud Design, Yabu Pushelberg, and Groves & Co, residences offer extraordinary river and city views, all set within a serene park. “It has been an amazing journey seeing this historic project come to fruition. With all three buildings being constructed simultaneously, Waterline Square will offer its residents a new and complete neighborhood that is unlike any other in New York City, and we’re thrilled with the pace of construction,” said James Linsley, President of GID Development Group. “We have created something that is unmatched by any other development — with close proximity to both the water and green space — and Waterline Square has already changed the game in this coveted neighborhood. We look forward to welcoming our first buyers at the close of 2018.” Waterline Square represents an unprecedented approach to urban living and will complete the historic transformation of Riverside Boulevard that has spanned more than two decades along the Hudson River. Developed concurrently, each glass building will be distinct, while gesturing to each other harmoniously. The array of one- to five-bedroom homes feature a rich selection of hand-picked materials, custom kitchen cabinetry and marble baths with custom-designed vanities, over-sized windows, and high ceilings. In addition to enjoying spectacular sunsets over the Hudson River, the three buildings will surround a new, beautifully landscaped park at the heart of the development. Encompassing nearly three acres, the Mathews Nielsen Landscape Architects-designed space features a stunning landscape that encompasses tree- lined groves, open grass areas, walking paths, a playground, fountains, and other water features. “Waterline Square has already made a big impact on the market, and now people can see how these buildings will reshape the New York skyline,” said Kelly Kennedy Mack, President of Corcoran Sunshine Marketing Group, exclusive marketing and sales agent for Waterline Square. “Since launching sales earlier this year, reception from buyers has been overwhelming, which is no surprise given the development’s extraordinary caliber of design and immense lifestyle offering.” With more than 100,000 square feet of best-in-class sports, leisure, and lifestyle amenities, as well as the beautifully landscaped park, residents at Waterline Square will also have access to one of the largest and most compelling offerings in New York City. The Waterline Club — which connects One, Two, and Three Waterline Square — is a truly extraordinary collection of indoor amenities available to all residents. Designed by David Rockwell’s famed hospitality group, Rockwell Group, The Waterline Club offers thoughtfully programmed sports and fitness, swim and spa, leisure and social, creative, children, and pets spaces. In addition to The Waterline Club, each individual building at Waterline Square will have its own selection of exquisite private spaces available to condo residents. Waterline Square will also be home to the first-ever experiential food market by the Cipriani family. The 28,000-square-foot space will offer a large format culinary experience with multiple food and beverage establishments, including a market, restaurants, and fast casual outlets. Located within Two Waterline Square, the new Cipriani food hall will be designed by internationally acclaimed London-based interior designer, Martin Brudnizki. Construction at Waterline Square is being overseen by the project’s general contractor, AECOM Tishman. The superstructure for the three towers contains 96,820 cubic yards of concrete, 24,514,000 tons of reinforced steel, 210 punched windows and 15,500 curtain wall panels. Hill & West served as the development’s Architect of Record. Prices start at approximately $2 million and the development anticipates a 20-year tax abatement. The Waterline Square Sales Gallery is located at 475 West 61st Street in Manhattan. For additional information, please contact the sales team at (212)-586-8333 or visit www.waterlinesquare.com. ### About GID Development Group GID Development Group creates sophisticated mixed-use projects and iconic residential developments in New York City and throughout the United States. GID is a privately held, globally diversified, and fully integrated real estate organization founded in 1960 that owns and manages a premier portfolio of existing properties and development projects valued at over $16 billion. With offices in New York City, Boston, San Francisco, Washington DC, Atlanta, Dallas, and Orange County, CA, the company employs over 650 real estate professionals and has divisions specializing in development, acquisitions, real estate funds, international real estate investing, hedge funds, portfolio and asset management, and property management. During its corporate history, GID has acquired or developed over 73,000 residential units and 16 million square feet of commercial space in 24 states and 3 continents. www.gid.com About Corcoran Sunshine Marketing Group With over 30 years of experience in marketing and collective sales of $40 billion, Corcoran Sunshine Marketing Group is a recognized industry leader in the planning, design, marketing, and sale of luxury residential development. Representing properties throughout the United States and in select international locations, Corcoran Sunshine Marketing Group’s portfolio contains a curated collection of the world’s most desirable new addresses. Corcoran Sunshine Marketing Group is the new development arm of The Corcoran Group which is part of NRT LLC, the nation’s leading residential real estate brokerage company and a subsidiary of Realogy Holdings Corp. that operates Realogy’s company- owned real estate brokerage offices..