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A blog from CityRealty (Links below will take you to the 6sqft site)


(Tishman Speyer) (Tishman Speyer)
One of New York City’s most encouraging trends is the diversification of the city’s office core beyond Midtown Manhattan. Downtown Brooklyn’s Fulton Street — the city’s most successful pedestrian and transit mall — is gearing up to welcome a 620,000-square-foot creative office campus named The Wheeler. Spearheaded by the commercial heavyweights of Tishman Speyer Properties in partnership with the China-based HNA Group, the intricate project involves the marriage of two pre-war buildings with a modern 10-story structure to rise inside and above. Come 2019, the threading will be complete, yielding an array of seamless and expansive Class A spreads well suited for the hungry creative class.
Through a $270 million deal with Macy’s in 2015, Tishman Speyer acquired the top five floors of the department store’s historic building at 422 Fulton Street, allowing the distressed outlet to consolidate its sales floors to the lower four levels of the building. In addition to the office rehab and topper, Tishman is beginning construction on a 51-story, 476-unit mixed-use tower next door at 11 Hoyt Street — a site that once held a parking garage for the Macy’s store.
Downtown Brooklyn aerial Aerial showing Macy's pre-existing buildings which will be knit together to create The Wheeler
While Tishman Speyer has nearly 22 million square feet of office space across the city, The Wheeler will be their first project in Brooklyn. The international, Rob Speyer-led firm has made waves outside of Manhattan, however. In Long Island City, they are building a pair of office towers called the JACX and next door, they recently opened the first phase of a 1,800-unit rental complex called Jackson Park.

The Wheeler is a speculative office project with no pre-signed tenants. The odds are in Tishman’s favor since Downtown Brooklyn, a central business district teeming in pre-wars with good bones but little Class A space has an airtight vacancy rate of just 3% — the lowest among the city’s business districts. The Wheeler will be serviced by twelve subway lines, is a short ride to Manhattan and is central to the neighborhoods of Brownstone Brooklyn.
The Wheeler (CityRealty)
The developers tapped California-based Shimoda Design Group and the local megafirm of Perkins Eastman as the designers. As is common with modern interventions, the architects decided to provide a stark contrast between the old and new. The new addition will be setback from the existing buildings, wrapped in a glass façade, and have a glass-enclosed stair tower along its east side. The two existing structures, a cast-iron Second Empire-style building built in the 1870’s by Andrew Wheeler and a sprawling yet delectable Art Deco building finished in 1930, will be meticulously restored. Passersby may notice the façade of the cast iron building has been completely dismantled. The folks at Tishman reassure us that the entire front will be restored and fully reassembled.
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wheeler (Tishman Speyer)
The Wheeler -03 (Tishman Speyer)
The Wheeler will offer the largest office floorplates in Brooklyn. The first four office floors will have 90,000-square-foot floor plates with exposures on all sides. Floorplates on the six floors above will range in size from 34,000 square feet to 60,000 square feet. Each floor will have loft-like 16-foot high ceilings, a dedicated amenity floor and a roof with a lawn and seating. There will be a total of one acre of outdoor space provided by 11 gardened terraces and roof decks. With a roof height of 276 feet, top-floor tenants will enjoy views of the Manhattan skyline, harbor and the Statue of Liberty.
“For Tishman Speyer’s first-ever project in Brooklyn, we are creating an environment that is every bit as innovative, energetic and dynamic as the borough itself,” said the company’s president and CEO in a statement. “The Wheeler will celebrate its special location at the epicenter of Brooklyn and feed off the vitality of the iconic brownstone neighborhoods, open spaces, cultural venues and creative communities that surround it on all sides.”
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Additional Info About the Building

New Developments Editor Ondel Hylton Ondel is a lifelong New Yorker and comprehensive assessor of the city's dynamic urban landscape.
Spacious 1 Bedrooms with outdoor space and in-residence w/d View Property
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