"Of the various abbreviations for different neighborhoods in New York, DUMBO wins the prize for cutest: It stands for Down Under the Manhattan Bridge Overpass. It is a little off the beaten path, though you may find yourself here if you have strolled over the Brooklyn Bridge from Manhattan, or were just touring Brooklyn Heights and kept walking north. Its streets offer some iconic images, with the piers of the Manhattan Bridge looming at the end of streets lined with 19th-century warehouses. It is also home to St. Ann's Warehouse ( 45 Water St. ), one of the city's most innovative theater venues, and a number of restaurants and bars. If you are exploring with kids in tow, you may want to stop at Jane's Carousel, a restored 1922 merry-go-round in a pavilion designed by French architect Jean Nouvel in Brooklyn Bridge Park. Afterward, stop at Jacques Torres Chocolate ( 66 Water St. ) for a cup of his signature hot chocolate."