Jeff Bachner for New York Daily News
Ceilings as high as 30-feet create a soaring lobby at 220 Water.
Its rare for a lobby to seal the deal, but the soaring 30-feet ceilings under a glass atrium at DUMBOs 220 Water St. make this one of New York Citys grandest entrances. At 100 by 40 feet, with gray limestone floors, it echoes.
Developed by GDC Properties and designed by New York-based Perkins Eastman, the conversion of this 135-unit loft rental building on the eastern edge of the neighborhood stretches across two distinct structures separated by an old courtyard. Rather than keep the outdoor space at the 1893 Hanan & Son shoe factory, the architect and developer decided to turn it into a giant amenity.
Jeff Bachner for New York Daily News
Adam Ginsburg of GDC Properties.
The lobby has a coffee bar, wall-mounted water feature, full-service concierge, free WiFi and lounge area. Light gray limestone tiles, original brick and vaulted windows give the feel of being inside an old candy factory. Because of the long hallways and distinct layouts, some with home offices, all with high 12-foot ceilings and industrial windows, there is a sense of adventure when touring the building. If an Oompa Loompa had jumped out, we wouldnt have been surprised.
This is actually two structures built at two different times by the same company, says Adam Ginsburg, co-chairman of GDC Properties, the projects developer. As a result, half the building is concrete construction, the other half is wood construction. Both make for great lofts. The original construction is so solid you cant hear a thing when youre in these apartments.
Jeff Bachner for New York Daily News
The loft apartments feature ample kitchen layouts.
Units are spacious. The hallways are double-wide, and with white walls, hardwood floors, beamed ceilings, walk-in closets and concrete columns, all the homes feel like true lofts. DUMBO, though, is not inexpensive. Studios rent for $ 3,175, one-bedrooms for $ 3,450 and two-bedrooms for $ 5,700. Amenities include a gym, childs room and roof deck with Manhattan views and barbecues with a working fireplace. The harbor views are better than most, especially at this relatively low height.
Were design-conscious, says Ginsburg. We pay attention to what to put on a roof, where to place an outlet, and walk-in closets. We hold on to our properties. We have to build them right. The ultimate goal is to attract quality residents and make it hard to leave.
Jeff Bachner for New York Daily News
The lobby also has a water feature.
This part of DUMBO, near Vinegar Hill, has never been a destination location. The luxury developers stayed away. Until now. Toll Brothers 205 Water, from its City Living division, has seen fast and steady sales. Kirkman Lofts around the corner attracted buyers with a strong American theme. One-bedrooms there are available for $ 755,000. There are warehouse buildings ripe for conversion, and a full-block empty lot owned by the Jehovahs Witnesses church.
Some say its far from DUMBO proper or Brooklyn Bridge Park. We like the distance. It feels like Tribeca or the Meatpacking District 15 years ago. Look at those prices now. Go to 220water.com for more.
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