New Condo Development: The Riverhouse 1 River Terrace, NY 10282

The Riverhouse

Location: 1 River Terrace (Murray and Vesey Streets)
Size: 264 units
Prices: $1.7 to $6.2 million
Expected Occupancy: Spring 2008
Developer: Site 16/17 Development LLC.
Architect: The Polshek Partnership/ Ismael Levya/ David Rockwell
Sales and Marketing: Corcoran Sunshine

Overview: Combining Luxury and Green Development

The Riverhouse is ahead of its time. In an age where many other buildings still ignore environmental sustainability altogether, The Riverhouse is an entirely green building. This means that priority is placed not only on quality, but on energy efficiency, occupant health, environmental health, and overall environmental friendliness as well. The Riverhouse achieves these goals through many innovations, such as using only non-pollutant materials and finishes, heating and cooling the building with a geothermal system, placing solar panels on the roof, filtering its own waste, re-filtering air, and employing an energy efficient triple pane window system. These efforts have earned The Riverhouse a Gold rating from Leadership in Energy and Environmental Design (LEED), the national rating standard for green buildings.

No need to worry, though; this focus on eco-friendliness does not come at the expense of comfort. In addition to green technologies, The Riverhouse includes all the luxuries and amenities of contemporary New York City condo living, such as health club, valet parking and laundry. Eco-friendliness also does not mean skimping on technology either. Units come equipped with high speed internet, wall mounted TV’s, and a sound system with speakers in every room.

The Riverhouse interior
Raves & Faves
The Riverhouse not only gives owners a chance to help preserve the environment, it gives them a chance to enjoy it as well. With views of Rockefeller Park, Teardrop Park and the Hudson River, the Riverhouse offers a more pleasant and calming atmosphere than can usually be found in Lower Manhattan.

Not So Hot
Battery Park City is consciously isolated from the surrounding area. While some find this distance quite pleasant, others find it isolating. The Riverhouse does offer ground floor stores and restaurants, as well underground parking. For some people, though, this is no substitute for a neighborhood deli or a nearby subway stop.

Units: Layout and Pricing
The Riverhouse consists of 264 units, which range from one to five bedrooms. An 865 square foot one bedroom starts at $930 thousand. Two bedrooms are in the $1.6 to $2.6 million dollar range, while three bedrooms range in price from $1.6 to 3.4 million. Four bedrooms list from $3.4 through $3.9 million, and a five bedroom lists at $6.3 million.

The units feature large windows, with fantastic views. They are also quite comfortable and livable, featuring dens with oversized pocket doors, and ample kitchen storage.

Come See for Yourself
Interested in buying at The Riverhouse? Give us a call at 212-220-4633 or 917-603-6224, or email us. As a buyer broker, our services are free to you, and we represent your interests. We’ll be delighted to show you apartments at The Riverhouse and other comparable properties. Be sure to ask about our rebate program.

Location & Neighborhood
Battery Park City is a planned community located on Manhattan’s southwestern tip. The area stretches along the Hudson riverfront- offering a postcard worthy view of the statue of Liberty- and features ample parkland, such as Rockefeller park and the innovatively landscaped Teardrop Park. The Riverhouse is only a few blocks away from the shopping, dining, and culture of Tribeca, but the unique nature of Battery Park City makes it seem as if that world is miles away. For this reason, Battery Park City is the perfect option for those want to experience a more relaxed lifestyle, without sacrificing the convenience of city living.

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