220 Water Street is a five story DUMBO rental building constructed in 1905 as a shoe factory for Hanon & Son. GDS Properties converted the former industrial building into 135 apartments in 2012, with Perkins Eastman serving as architect.
The red brick exterior retains arched, multi paned windows and a dentilled cornice. Its former factory quadrangle became a 30 foot, skylit attended lobby, where exposed brick façades frame lounge and meeting areas, a waterfall, and a coffee bar.
The loft style apartments preserve brick walls, timber columns, exposed beams, wood plank ceilings, windows as tall as 10 feet, and ceilings reaching 14 feet. In-unit washers and dryers, individually controlled central heating and air conditioning, and video intercoms are standard features. Many layouts also incorporate home offices or adjoining workspaces with separate entrances, while studios may have defined sleeping alcoves.
The roof deck has an outdoor fireplace, barbecue grills, landscaped seating, and views toward the Manhattan Bridge. Other amenities include fitness and yoga rooms, a children’s playroom, a pet wash, resident and bicycle storage, cold storage, on-site parking, concierge and doorman service, and a live-in superintendent. Pets are permitted, and apartments are rent stabilized.
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GDC Properties is a Hawthorne, NY-based developer and manager of upscale rental housing. Founded in 2006, it is known for converting historic buildings into modern apartments like Dumbo’s 220 Water Street with upscale amenities.
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