11 Hoyt

11 Hoyt is a residential skyscraper in the Downtown Brooklyn neighborhood of Brooklyn, New York, designed by architect Studio Gang with executive architect Hill West and developed by real estate conglomerate Tishman Speyer.

11 Hoyt
General information
StatusCompleted
TypeResidential
Address11 Hoyt Street
Town or cityNew York City
CountryUnited States
Coordinates40.6897°N 73.9850°W / 40.6897; -73.9850
Construction started2015
Completed2021
Cost$685 million
Height626 feet (191 m)[1]
Design and construction
ArchitectStudio Gang
DeveloperTishman Speyer
Website
11hoytbrooklyn.com

History and construction

Tishman Speyer purchased the site in August 2015.[2] Three lenders—JPMorgan Chase, Starwood Property Trust, and iStar—provided $380 million[3] in financing for the deal.[4] The building's facade was constructed in Canada.[5] The building topped out in June 2019,[5] and was completed in 2021.[6] The building is Tishman Speyer's first residential building in New York City.[7]

Sales for condominiums in the building launched in September 2018.[8]

The building is part of the larger Tishman-led project to redevelop the former Macy's branch in Brooklyn.

Design

The building's exterior somewhat resembles that of 8 Spruce Street, designed by architect Frank Gehry.[4] Jeanne Gang has said the building's facade was inspired by townhouses in Brooklyn, many of which include bay windows.[7] The interiors were designed by Michaelis Boyd, and the units have two possible color palettes.[9]

Usage

The building is residential, with 480 condominium residences. It also includes 40,000 square feet (3,700 m2) of retail space.[7] The day care Petits Poussins signed a lease for space in the building in June 2021.[10]

See also

References
  1. "11 Hoyt Street - The Skyscraper Center". Council on Tall Buildings and Urban Habitat. Retrieved November 11, 2021.
  2. Wilson, Reid (August 12, 2015). "Tishman Acquires 11 Hoyt Street Site, Part of Macy's 422 Fulton Street Building, Downtown Brooklyn". New York YIMBY. Retrieved September 13, 2021.
  3. Brenzel, Kathryn; Balbi, Danielle; Maurer, Mark (April 18, 2018). "Tishman Speyer snags $380M financing package for 11 Hoyt, secures construction manager". Retrieved September 13, 2021.
  4. Nelson, Andrew (April 10, 2018). "Gehry-Inspired Skyscraper At 11 Hoyt Street Revealed, Downtown Brooklyn". YIMBY. Retrieved October 2, 2018.
  5. Ricciulli, Valeria (June 4, 2019). "In Downtown Brooklyn, Studio Gang's first NYC condo tops out". Curbed NY. Retrieved September 13, 2021.
  6. "11 Hoyt Street - The Skyscraper Center". www.skyscrapercenter.com. Retrieved August 6, 2021.
  7. Laterman, Kaya (September 21, 2018). "Another Condo Tower Sprouts in Downtown Brooklyn". The New York Times. Retrieved September 13, 2021.
  8. Young, Michael (September 24, 2018). "Tishman Speyer's 11 Hoyt Launches Sales In Downtown Brooklyn". YIMBY. Retrieved October 2, 2018.
  9. Cogley, Bridget (September 26, 2019). "Michaelis Boyd reveals interiors for Studio Gang-designed Brooklyn tower". Dezeen. Retrieved September 13, 2021.
  10. Baird-Remba, Rebecca (June 29, 2021). "French Day Care to Open Downtown Brooklyn, Upper East Side Locations". Commercial Observer. Retrieved September 13, 2021.
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