The Water Club used to be THE place to eat. My parents fondly recall dinner and brunches on the East River with tony friends. The view is still great. It is still a bit of a pain to get to unless you hail a cab or call a car service. But the food has fallen. Our last meal here was just mediocre. It was fine, but just fine. Nothing to write home about.
It looks like all this place has going for it is the view. But it is a heck of a view and that goes a long way in Manhattan.