Whittle School & Studios signs lease with Tishman Speyer for office property in Brooklyn Heights
Whittle School & Studios through the entity Whittle NY Campus, LLC signed a lease with Tishman Speyer Properties’s 422 Fulton Owner, L.L.C. for space in 181 Livingston Street in Brooklyn Heights. The deal closed on January 31, 2020, and was recorded on May 1, 2020. The transaction consists of 2 parcels, including the tax class commercial real estate (CR).
Whittle is leasing 620,000 square feet of office space, according to the Commercial Observer. The lease has an initial term of 20 years with one option for 15 years and another for 13 years. The last time the property sold was January 28, 2016, when Tishman bought it for $117 million as part of a larger purchase.
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