Tishman Speyer's 11 Hoyt sets Brooklyn's 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 firms-architecture by Jeanne Gang's Studio Gang, interiors by Michaelis Boyd Associates, and landscape architecture by Hollander Design-11 Hoyt is a visionary building that looks to the future while drawing inspiration from Brooklyn's rich architectural history and creative spirit.This extraordinary corner two-bedroom two-bathroom residence features lofty 10' ceilings, a desirable split-layout and double exposure to the South and West over the 11 Hoyt's exclusive park. Enormous bay windows can be found in the living and dinning room and in the second bedroom a perfect place for reading and relaxing.The open chef's kitchen comes fully equipped with a premium Bosch appliance package including a built-in refrigerator and dishwasher, vented stovetop exhaust and gas cooktop. The kitchen, outfitted in 11 Hoyt's Classic finish palette, offers a bright, fresh, contemporary feel with pale white oak floors, Italian custom cabinets in white satin lacquer with patinated zinc accents, and honed Italian lava stone countertops and backsplash.The master bathroom features tailor-made light-stained oak double vanity with custom polished nickel frame and plumbing fixtures, grey Italian Bardiglio marble floors and cream crackle-glazed ceramic wall tiles a serene, inviting space in which to relax and unwind. The second bathroom features cool white glazed ceramic wall tiles and grey Italian Bardiglio marble floors and tub surround.This home also includes a Bosch Washer & Dryer, 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