A heritage boutique hotel with serious design chops, the Gault attracts movie stars and style mavens, none of whom would ever guess it was a cotton factory in the 1800s. The paparazzi moments begin in the lobby: everyone wants to be photographed perched on its yellow sectional couch by Francesco Binfaré. In the loft-style rooms, the design veers between rooms with tile-and-concrete floors brightened by boldly patterned geometric rugs and others with sleek, blond-wood furnishings and rough-brick walls. All have CD and DVD players and plasma televisions. Bathrooms have freestanding modern tubs and heated tile floors. In summer, ask for a room on the fifth floor, where there are private terraces.