Tishman Speyers 11 Hoyt sets Brooklyns new standard for architecture and design. The graceful 57-story tower, offering studio to four-bedroom luxury residences and more than 55,000 square feet of unrivaled indoor and outdoor amenities, is an extraordinary work of architecture and design. A true collaboration among three celebrated world-class firmsarchitecture by Jeanne Gangs Studio Gang, interiors by Michaelis Boyd Associates, and landscape architecture by Hollander Design11 Hoyt is a visionary building that looks to the future while drawing inspiration from Brooklyns rich architectural history and creative spirit. This spectacular one bedroom, one bathroom residence on the 27th floor features stunning west facing Brooklyn and Downtown Manhattan cityscape views. A traditional entry foyer leads into the open plan living space designed in deep rich tones that are reminiscent of Brooklyns industrial warehouses. Richly hued, the kitchen offers dark-stained oak floors, grey satin-lacquer custom cabinets with blackened steel accents and honed Italian lava stone countertops and backsplash. Imagine a window seat or reading nook high above the cityscape in the living room bay window. The elegant spa-like bathroom is thoughtfully crafted with bespoke dark-stained oak vanity with oil-rubbed bronze frame and plumbing fixtures, Italian white Calacatta marble floors, and tub surround, and crackle-glazed ceramic wall tiles in a soothing sage green hue. This home also features WiFi-enabled smart thermostats, USB outlets in select locations, and Latch smart entry door locks. *Kitchen and bathroom layouts may vary. Image represents finishes only.
Located (ironically) in the northwestern part of Brooklyn, Downtown Brooklyn borrows some of its characteristics from its business-centered counterparts: Lower and Midtown Manhattan. Downtown Brooklyn is known largely for its office and residential spaces, but is quickly giving way to new residential spots and transformative conversions. Impressive federal buildings are a hallmark in this hard-working enclave. Here, residents sacrifice some green views (like trees), but reap the benefits of inexpensive real estate and evolving neighborhood development.
With the recent unprecedented rate cut by the Federal Reserve, banks have been inundated with people looking to take advantage of lower interest rates. Because of the overwhelming demand, we have not yet seen a huge reduction in mortgage rates. While we aren’t there yet, it is likely that we will see a dramatic shift in the upcoming months, which raises the question, “What does a 1 point difference in interest rate do for my bottom line?”Read more