This is a moist coffee cake with a crumbly top. For a raspberry variation, spread ½ cup seedless raspberry jam over the batter before sprinkling the streusel on top.
Have all ingredients at room temperature, about 70°F. Preheat the oven to 350°F. Generously grease the bottom and lightly grease the sides of a 10-inch springform pan. Line the bottom with a round of parchment.
Whisk together in a large bowl until well blended:
Add and cut in with a pastry blender or your fingers until the mixture resembles coarse crumbs:
Measure out 1 cup of the crumbs and set aside for the streusel. To the mixture remaining in the large bowl, add and whisk thoroughly:
Stir in until smooth:
Scrape the batter into the prepared pan and smooth the top. For the streusel topping, add to the small bowl of reserved crumbs:
Toss with a fork until blended, then sprinkle the streusel over the batter. Bake until the center of the cake is firm, 50 to 65 minutes. Let cool in the pan on a rack for 10 minutes. Slide a slim knife around the cake to release it from the pan. Remove the pan sides. Let cool on the rack at least 30 minutes before serving.