This year’s fast-selling, high-dollar projects: GID, RAL, others

New York’s condominium developers have recorded condo declarations for 134 new development projects that had four units or more so far this year. Those projects have a total of 4,333 units for sale and about 18 percent of those units have been sold and closed.

Of those, there are 36 projects that have current total sellout prices of $50 million and up, according to figures from the New York State Attorney General.

Here we take a look at the fastest-selling projects, by dollars sold this year.

GID’s Two Waterline Square has taken in the most revenue of condominiums that recorded a condo declaration this year. The building has closed more than $179 million through 58 sales. That represented 36 percent of the 160 units in the building, which is part of the larger Waterline Square complex.

The next highest seller by dollar volume was RAL Development’s Quay Tower in Brooklyn Heights. That project has recorded 17 sales worth $103 million since the condo declaration was recorded in February. As a percentage of units sold, RAL’s project is not as fast. The closed sales represent 14 percent of the project’s 122 units.

The third fastest building was another from GID’s Waterline Square complex. This building, 10 Riverside Boulevard, has closed 22 sales among the 56 units, or about 39 percent valued at $94 million.