220 Water Street Building Opening January 2012

220 Water Street building (aka 201 Front Street, 54 Bridge Street on NYC DOB) has just released a website, 220Water.com. The site states that the building will be open for residents in January 2012 and is a rental building of studio, one and two bedroom loft apartments.

GDC Properties, LLC is the project’s owner and developer. 220 Water Street is located between Front, Bridge and Water Streets in Dumbo (within the historic district). The 220water.com website is currently a registration page but according to GDC, they “will soon outline the project’s floorplans, pricing and availability, apartment features and property amenities” through the website. According to the developer, “some of the many amenities that complement the loft residences include a soaring, sky-lit lobby, fitness center and yoga room, self-park garage, rooftop lounge with outdoor kitchen, and cold storage for grocery deliveries.”

Below are a few photos we took this morning:

220 Water Street
(Corner of Front and Bridge Street)

220 Water Street

(Corner of Bridge and Water Street)

The registration page has some more details about the building features:

Coming in early 2012…..a genuine DUMBO rental experience. 220 Water Street is a unique collection of spacious studio, one and two bedroom apartment homes highlighted by large windows, tall ceilings, premium finishes, and beautifully accented industrial features. A glass canopied central atrium, roof deck with summer kitchen and lounge seating, on-site parking garage and fitness studio are just some of the amenities you will find in this creatively restored 19th century manufacturing building. Register now for more information on 220 Water Street. We will keep you updated on our progress and availability.

There’s also a sign on the outside of the building for ground level lease for a cafe, restaurant, or retail for 4000 square feet, available in the fall 2011 (call 877-733-3215). The 1905 built building retains its original exterior brick design (per the historic designation description). We think the 41 or so units will rent well given the design; though no word yet on prices. What do you think?

(Photo courtesy of The Real Deal)

{201 Front Street Gets New Scaffolding, 04Oct2010}
{201 Front Street Building Activity, 15Jul2009}

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