Icon evolved from the Historic Carnation Factory, a fixture in the East Village art district for decades. The design includes the original Carnation facade, a feature that inspired the modular architecture of the Icon buildings. Icon also adopted many elements from the Carnation factory's industrial heritage, such as exposed concrete and steel. It was constructed in 2007 and boasts 23 floors. The amenities include Concierge, on-site management, and a fitness center.

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