Dumbo Looks to Add Rooom in Vinegar Hill

Until recently Dumbo, true to its name, has been concentrated in the area down under the Manhattan Bridge. But with apartments in the trendy neighborhood increasingly scarce, development is creeping past the bridge into Vinegar Hill.

Three large new residential projects have sprouted on Water Street east of the bridge, where the cobblestoned streets are coated in grime and many former...

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The 30-Minute Interview: Adam Ginsburg

Mr. Ginsburg, 46, is a co-chairman of GDC Properties, which specializes in retail and residential development. The company was founded in 1994 by his father, Samuel Ginsburg. GDC Properties is based in Hawthorne, N.Y.

Q. What are your responsibilities and how do they differ from those of your father?

A. He is less involved in the day-to-day operations; I’m on the ground...

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220water lobby

Former DUMBO Shoe Factory Welcomes First Residents

The five-story former Hanan & Son shoe factory has been converted as an adaptive reuse project by GDC and architectural firm Perkins Eastman into a 134-unit luxury rental development.

It is the Westchester-based GDC's first development in Brooklyn and New York City, according to Adam Ginsburg, the firm's co-chairman.

"We're thrilled to begin welcoming residents to 220 Water St.," said Ginsburg. "These...

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Dumbo Welcomes First Residents of 220 Water Street

220 Water St is a 5 story, 134 unit loft conversion building that features a large 30 foot high central lobby with skylights, a coffee bar, lounge area and a “water feature”. The building has studio, one- and two-bedroom residences, many with home offices and large skylights, priced from $3,150 to $6,150 per month. There are 18 floorplans, all with...

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