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DUMBO gets a rental option.


A new building on the comer com·er  
n.
1. One that arrives or comes: free food for all comers.

2. One showing promise of attaining success: a political comer.

Noun 1.
 of Water and Adams Streets in prime DUMBO is offering 52 rental studio, one-, two- and three-bedroom apartments, and will be marketed by aptsandlofts.com, announced David Maundrell, president of the firm.

In its first week of opening, 133 Water was 15% leased, with interest from many renters from Manhattan. "A huge part of the appeal of the building are the panoramic pan·o·ram·a  
n.
1. An unbroken view of an entire surrounding area.

2. A comprehensive presentation; a survey: a panorama of American literature.

3.
 views of the Manhattan Bridge The Manhattan Bridge is a suspension bridge that crosses the East River in New York City, connecting Lower Manhattan (at Canal Street) with Brooklyn (at Flatbush Avenue Extension). , East River and Brooklyn Bridge Park The future Brooklyn Bridge Park will be the first major new park development in Brooklyn since Prospect Park was built 135 years ago. It will stretch 1.3 miles along the East River from Atlantic Avenue to just north of the Manhattan Bridge.  "said Maundrell.

Prices range from $2,700 a month for a one-bedroom and go up to $6,500 for an upper floor three-bedroom apartment.

One of the key features of 133 Water Street are its high-performance acoustical windows and wall panels, which basically sound-proof the apartments: a highly important feature at this location. The apartments are just 30 ft away from the Manhattan Birdge.

"The developer eliminated the major downside--being so close to the Manhattan Bridge--by investing in sound proofing. He hired a noted acoustical engineering Acoustical engineering is the branch of engineering dealing with sound and vibration. It is closely related to acoustics, the science of sound and vibration. Acoustical engineers are typically concerned with:
  • how to reduce unwanted sounds
  • how to make useful sounds
 firm, and invested in high-quality windows so that the sound of trains and traffic simply wouldn't be an issue," said Maudrell.

This is the first large scale rental development to be introduced in DUMBO in several years.
COPYRIGHT 2007 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Real Estate Weekly
Date:May 30, 2007
Words:202
Previous Article:Downtown style arrives uptown.
Next Article:Boymelgreen introduces newest Park Slope condo.



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