HFZ Capital Unveils Model Unit for 11 Beach Street

NEW YORK, Sept. 8, 2017 /PRNewswire/ -- HFZ Capital Group, LLC, a leading Manhattan-based real estate development and investment company, recently unveiled the model unit for 11 Beach Street. Thomas Juul-Hansen was responsible for the project's interior decoration and design. The new model unit now gives buyers an on-site view of the condominium's offerings – loft-like apartments with top-of-the-line features such as wide plank flooring, and custom-designed kitchens and baths with luxurious marble stone finishes.   

Along with the project's extensive upgrades and additions, HFZ and the rest of the development team has gone to great lengths to ensure the conversion was consistent with the context of this historic neighborhood. "Given our experience in conversions and adaptive re-use, we understand the importance of defining a project that fits within its neighborhood," said John Simonlacaj, Managing Director of Development at HFZ.

Working with BKSK Architects and Joy Construction, HFZ modernized the century-old manufacturing building and created a glamorous TriBeCa residence. As part of the conversion, a terra cotta-clad courtyard atrium was added to provide further light for the units. At the base of the atrium is an origami-shaped glass pyramid roof that encloses the bespoke fitness center, making for a dramatic workout space. Additional amenities were thoughtfully curated for family living. Adjacent to the gym is a children's entertainment room, equipped with a James Perse ping pong table and a mini art studio for young aspiring artists. There is also a beautifully landscaped roof garden.

Mr. Simonlacaj noted, "The balance between old and new is striking – TriBeCa is not historically a residential neighborhood, and yet the converted building feels as though it was always meant for that purpose. The difference being, of course, it is now outfitted with all the modern amenities, luxuries and comforts."  

ABOUT HFZ CAPITAL GROUP
HFZ Capital Group is a Manhattan-based real estate investment and development firm with expertise in a broad range of real estate disciplines including underwriting analytics, structured finance, investment, development, construction and asset management. HFZ capitalizes on development and investment opportunities both in the U.S. and abroad and has acquired, owned, developed and operated properties across many asset classes, including residential, office, hotel, retail, sports and entertainment. Today HFZ is managing and developing real estate with a total value in excess of $10 billion, spanning approximately 10 million square feet including nearly 2,000 new residential units being brought to market. The company has a stellar reputation for restoring and preserving historic buildings as well as building ground up developments in collaboration with renowned architects and designers, such as David Chipperfield, Isay Weinfeld, Thomas Juul-Hansen and now Bjarke Ingels. For more information, please visit http://www.hfzcap.com

Media Contact: Great Ink – 212-741-2977
Roxanne Donovan/Alyson Leiter

SOURCE HFZ Capital Group

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