Replace all elements of Python NumPy Array that are greater than some value

I have a 2D NumPy array and would like to replace all values in it greater than or equal to a threshold T with 255.0. To my knowledge, the most fundamental way would be:

shape = arr.shape
result = np.zeros(shape)
for x in range(0, shape[0]):
    for y in range(0, shape[1]):
        if arr[x, y] >= T:
            result[x, y] = 255

1. What is the most concise and pythonic way to do this?

2. Is there a faster (possibly less concise and/or less pythonic) way to do this?

This will be part of a window/level adjustment subroutine for MRI scans of the human head. The 2D numpy array is the image pixel data.