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Dumbo Lofts Are Landing

January 19th, 2012 · 1 Comment

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I don’t imagine that my arithmetic or realtor’s radar could be proven faulty  if I speculate that, at the 220 Water Street complex in Dumbo, approximately 200 individuals will find their new homes amongst the units consisting of 134 large loft spaces freshly arrived on the market for rent.  The impeccably-designed layouts boast lofty 14ft ceilings of wood, or concrete, under the support of  pillars and exposed brick walls.  Skylights and state-of-the-art kitchens & bathrooms are givens.  Attractive amenities are plentiful, and include use of the spacious lobby, with its 30ft glass atrium and fireplace seating, enormous windows and stone flooring.  Services provided by personable doormen and in-house pet groomers add to the varied perks, as do the applications of and accounting for on-site parking, private storage, bicycle storage, a furnished roof-deck with two BBQ grills, a fitness and yoga Center, a virtual concierge, and so on.  In the 19th century, the building was the headquarters for a Hanan & Sons shoe factory – much of that classicism remains in the architecture and ambiance, though, updated for contemporary needs, you’d be more precise in labeling it the best of both schools.  Incredible incentives and quality of living aside, though, I remain skeptical at the prices asked for them:  after all, studios START at $3,333 while 1 bedroom lofts begin at around $3,850.  For a 2 bedroom, be prepared to fork out over $5,900 for the 1,200 sq. ft. space.  Either prices will drop a bit in the near future or Brooklynites will stop frequenting the local restaurants.  You heard it here first.

Tags: Brooklyn · Brooklyn Real Estate NY · Brownstone · Condo · Loft

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