{"id":26416,"date":"2020-02-07T16:08:56","date_gmt":"2020-02-07T14:08:56","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=26416"},"modified":"2025-03-25T16:09:38","modified_gmt":"2025-03-25T13:09:38","slug":"whittle-school-lease-wheeler-tishman","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/whittle-school-lease-wheeler-tishman\/","title":{"rendered":"Whittle School Signs Lease for Tishman\u2019s Recently Completed 620K SF Brooklyn Office Space"},"content":{"rendered":"<p>The Whittle School\u2015a private school founded by former <em>Esquire<\/em> magazine Chairman Chris Whittle\u2015has signed a 20-year lease for 620,000 square feet of office space at the <a href=\"https:\/\/www.commercialcafe.com\/commercial-property\/us\/ny\/brooklyn\/422-fulton-street\/\" target=\"_blank\" rel=\"noopener noreferrer\">Wheeler<\/a> complex in <a href=\"https:\/\/www.commercialcafe.com\/office\/us\/ny\/brooklyn\/downtown-brooklyn\/\" target=\"_blank\" rel=\"noopener noreferrer\">downtown Brooklyn<\/a>. The deal comes at the tail end of several months of negotiations between owner and developer, Tishman Speyer, and its new tenant; essentially, it ensures <a href=\"https:\/\/commercialobserver.com\/2020\/02\/whittle-private-school-signs-on-for-620k-sf-at-tishmans-downtown-brooklyn-project\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">full occupancy for the office portion<\/a> of the recently completed building at 181 Livingston Street. Whittle School was represented by CBRE\u2019s David Maurer-Hollaender and Douglas Lehman, while Mary Ann Tighe, Jeff Fischer, Evan Haskell, Zac Price and Dave Caperna\u2015also of CBRE\u2015represented the owner.<\/p>\n<p>The Brooklyn office building is Whittle School\u2019s third campus in the U.S. following the opening of two locations in Washington, D.C. The for-profit facility has also had a campus in Shenzhen, China, since 2019. Whittle School plans to begin its early learning program at the Wheeler complex by the end of the year; its full kindergarten through 12<sup>th<\/sup> grade operation is expected to open by September 2021. On-site <a href=\"https:\/\/www.nydailynews.com\/new-york\/education\/ny-whittle-school-brooklyn-20191107-tzv5hvd3xfgijcgb2vianshes4-story.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">amenities for the private school<\/a> will include a gym, 130 bicycle storage units, a theater, space for advanced robotics, recreational spaces and rooms for boarders. Additionally, the Wheeler is ideally situated at the intersection of several subway stations and lines, including the Hoyt-Schermerhorn station on the A, C and G lines, as well as the A, C, F and R lines at Jay St-MetroTech.<\/p>\n<div id=\"attachment_26423\" style=\"width: 760px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-26423\" class=\"wp-image-26423 size-full\" src=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/Downtown-Brooklyn.jpg\" alt=\"Downtown Brooklyn\" width=\"750\" height=\"500\" srcset=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/Downtown-Brooklyn.jpg 750w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/Downtown-Brooklyn.jpg?resize=150,100 150w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/Downtown-Brooklyn.jpg?resize=450,300 450w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/><p id=\"caption-attachment-26423\" class=\"wp-caption-text\">Downtown Brooklyn<br \/>Source: Shutterstock<\/p><\/div>\n<p>The 10-story office building occupied by the Whittle School sits atop 222,200 square feet of retail space owned by Macy\u2019s. When Tishman acquired 422 Fulton Street in August 2015\u2015in a <a href=\"https:\/\/newyork.citybizlist.com\/article\/594988\/tishman-speyer-finalizes-full-building-lease-in-downtown-brooklyn\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">$270 million<\/a> transaction that also included the parking garage at 11 Hoyt Street\u2015the building crowning the department store had only five stories. Later, Macy\u2019s consolidated its operations into 278,000 square feet on the lower half of the Wheeler, while Tishman expanded the property by another five stories. It also restored the lower building\u2019s cast-iron Art Deco fa\u00e7ade and distinctive roof and terrace railings.<\/p>\n<p>The newly built glass tower was designed by Perkins Eastman and the Shimoda Design Group, and features a 10,000-square-foot rooftop terrace with unobstructed views of Brooklyn Bridge, the Statue of Liberty, <a href=\"https:\/\/www.commercialcafe.com\/blog\/skyline-evolution-lower-manhattan\/\" target=\"_blank\" rel=\"noopener noreferrer\">Lower Manhattan<\/a> and New York harbor.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Whittle School\u2015a private school founded by former Esquire magazine Chairman Chris Whittle\u2015has signed a 20-year lease for 620,000 square feet of office space at the Wheeler complex in downtown Brooklyn. The deal comes at the tail end of several months of negotiations between owner and developer, Tishman Speyer, and its new tenant; essentially, it&hellip;<\/p>\n","protected":false},"author":56,"featured_media":26421,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,4014,39],"tags":[],"class_list":["post-26416","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Whittle School Signs Lease for Tishman\u2019s Recently Completed 620K SF Brooklyn Office Space - CommercialCafe<\/title>\n<meta name=\"description\" content=\"The deal comes at the tail end of several months of negotiations between owner and developer, Tishman Speyer, and its new tenant; 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