It is important to study the interaction between water molecules and a host structure for understanding the adsorption mechanism of metal-organic framework (MOF) materials. The evolution of the structure of a flexible Cu-MOF, {[Cu(bpy)(H2O)(2)(BF4)(2)](bpy)} (bpy = 4,4'-bipyridine), upon dehydration and rehydration was studied by thermogravimetric analysis (TGA), infrared (IR) spectroscopy, X-ray diffraction (XRD), scanning electron microscopy (SEM), and water adsorption. A nearly reversible structural change was observed upon rehydration. More importantly, a unique CO2 "gate adsorption" phenomenon was observed despite the exposure of the Cu-MOF to water. This shows that the Cu-MOF has relatively good stability after exposure to water.