GDC Properties just announced completion of 220 Water Street, a loft style apartment building in DUMBO.
Residents are moving into the five-story, 134-unit luxury rental, the first development in New York City by Westchester-based GDC, an award-winning developer of residential and commercial properties along the East Coast.
220 Water Street has studio, one- and two-bedrooms, some with home offices and skylights, priced from $3,150 to $6,150 per month.
All 18 floor plans feature 10-foot windows with custom sun shades, 14-foot ceilings and premium finishes.
“We’re thrilled to begin welcoming residents to 220 Water Street,” said Adam Ginsburg, co-chairman of GDC Properties.
“These gracious loft homes were created with the greatest care, skill, and materials to maintain the look and feel of classic DUMBO, while offering luxurious and modern living spaces, top quality amenities and a superior level of service for our residents.”
220 Water Street was once the Hanan & Son shoe factory. The conversion has restored accents that include exterior brick walls and concrete or wood plank ceilings with original timber beams.
“We’ve already seen tremendous interest in the building, both with appointments and walk-ins, and we’re excited to report strong initial leasing activity,” noted Carre Harnett, GDC Properties’ on-site leasing director for 220 Water Street.
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