Waterline Square Signs Lease for Sommelier-Founded Wine Store on UWS

5/19/20

Somm Cellars Wine & Spirits will join Cipriani and Empellón at Upper West Side Development

National real estate development firm GID Development Group today announced that Somm Cellars Wine & Spirits, a luxury wine store concept crafted by two renowned sommeliers, has signed a retail lease at Waterline Square, the iconic three-building residential development offering a variety of lifestyle opportunities on Manhattan’s Upper West Side. Created in partnership by Jason Jacobeit, Wine Director of the Michelin-starred New York restaurant Bâtard, and Daniel Jung, Head Sommelier at Wine Spectator Grand Award restaurant Tribeca Grill, Somm Cellars Wine & Spirits will add to the dynamic hospitality landscape at Waterline Square, which includes the world’s first large-format culinary experience by Cipriani and the first Uptown location of celebrated Mexican restaurant Empellón.

"We are committed to the future of Waterline Square and to providing a well-rounded lifestyle for our residents and the neighborhood at large,” said James Linsley, President of GID Development Group. “With the addition of Somm Cellars Wine & Spirits to Waterline Square, we continue our goal of creating an unprecedented, comprehensive hospitality offering for our community."

Spanning nearly 1,300 square feet and located on the ground floor of One Waterline Square, Somm Cellars Wine & Spirits will offer a curated selection of wine and spirits varying in price and region, with a particular focus on the founders’ favorite—Burgundy—as well as an intimate bar to host tastings and conversation with patrons. The upscale store will blend white-glove service with Jacobeit and Jung’s best-in-class hospitality backgrounds to offer a sophisticated guest experience. Residents of Waterline Square will receive special benefits, including customized seminars and classes, expert consultations and on-demand wine delivery to the development’s residences and amenity spaces. Though Somm Cellars Wine & Spirits is set to officially open this fall, Jacobeit and Jung are already lending their vast expertise to Waterline Square, working with the development’s in-house lifestyle director to offer wine-focused virtual experiences for residents.

“Community is the central tenet of our experience, and we knew Waterline Square was the perfect location for our first retail concept because of its vibrant community-oriented atmosphere,” said Somm Cellars Wine & Spirits co-owners Jacobeit and Jung. “We look forward to opening our doors later this year and becoming part of the Waterline Square lifestyle experience.”

Mitch Friedel, Vice Chairman of Newmark Knight Frank; Janey Steinmetz, Managing Director; and Ryan Tucker, Associate, represented GID Development Group in the transaction.

Offering studio to four-bedroom residences, Waterline Square has been designed by Rafael Viñoly Architects, Kohn Pedersen Fox Associates and Richard Meier & Partners Architects, with interiors by Champalimaud Design, Yabu Pushelberg and Groves & Co. Providing the ultimate lifestyle experience in New York City, Waterline Square is home to an extraordinary, 100,000-square-foot amenity center designed by Rockwell Group, a lush 2.6-acre park designed by Mathews Nielsen Landscape Architects and two world-class restaurant partners, Cipriani and Empellón, both slated to open later this year.

One of the fastest-selling new developments in New York City, Waterline Square offers luxurious condominium residences with prices beginning at approximately $2 million. The development has a 20-year tax abatement, and closings are underway. To visit Waterline Square’s onsite model residences and sales gallery, please contact the sales team at 212-586-8333 or visit www.waterlinesquare.com.

Waterline Square’s spacious one-to-four-bedroom rental residences feature condominium-level finishes and amenities, with pricing beginning from $4,130/month. The leasing office is located inside Two Waterline Square at 400 West 61st Street. To schedule an appointment or for more information about the rental residences, please call 212-957-9577 or visit www.waterlinesq.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 $19 billion. With offices in New York City, Boston, San Francisco, Washington DC, Atlanta, Dallas, and Orange County, CA, the company employs over 900 real estate professionals and has divisions specializing in development, acquisitions, real estate funds, property management, portfolio management, and asset management. During its corporate history, GID has acquired or developed over 80,000 residential units and 16 million square feet of commercial space in 24 states and 3 continents.