New Nightspot Coming to Wythe Avenue

One block at the northern end of Wythe Avenue is turning into quite the hotspot. First there was the Brooklyn Brewery at the northeast corner of North 11th and Wythe. Then came Brooklyn Bowl, mid-block on the east side of Wythe. The Wythe Hotel has been coming into focus at the northwest corner of North 11th and Wythe and should be opening in a few months. And now we hear that some sort of nightspot is under construction at the southwest corner of North 12th and Wythe, at 78 Wythe Avenue. A permit was issued in December to convert the 7,300-square-foot one-story industrial building into a 11,400-square-foot eating and drinking establishment with a penthouse and roof deck. As far as we can tell, the developer of this project is Jamie Wiseman, who did the rental building at 44 Berry Street just a block away. His firm, Cayuga Capital Management, describes its investment strategy as being “based on the acquisition, development and operation of deeply undervalued real estate assets in rapidly improving neighborhoods.” In this case, though, it does not look like they’ve actually acquired the building. GMAP