Tishman Speyer just unveiled a new condo project in Brooklyn called 11 Hoyt. And it just so happens to be Studio Gang’s first residential project in New York City. Preview above. More renderings over here.

It’s a 51 storey condominium with 480 residences and 55,000 square feet of indoor and outdoor amenities. The unit mix ranges from studios to four-bedroom residences, and prices range from $600,000 to over $4 million (USDs, of course).

If you’re from Toronto, you’re probably looking at the renderings and thinking to yourself: “There are no balconies or outdoor spaces.” But that’s fairly typical in the NYC market, as I understand it.