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SHEEPSHEAD BAY — A behemoth looms over Voorhies Avenue in Sheepshead Bay, its shadow falling over the rickety elevated train line next door. The neighborhood once known as a sleepy hollow became home to the giant a few years ago, but some real estate professionals say the Avalon Brooklyn Bay tower will always stand alone.
“There’s the siren song of the hipsters,” said Louis Calemine, a real estate broker at Calemine & Co. Real Estate out of Gravesend who grew up in Sheepshead Bay. “They just want it so bad, they’re trying to will it to happen. It’s not happening.”
i just read this article from a link. That developer is too ambitious. Sheepshead Bay is working class. Anyone willing to pay those prices would not want to take that commute. The asking price is $1,000 psf which is close to Manhattan pricing, but you won't get such a fancy building.
i just read this article from a link. That developer is too ambitious. Sheepshead Bay is working class. Anyone willing to pay those prices would not want to take that commute. The asking price is $1,000 psf which is close to Manhattan pricing, but you won't get such a fancy building.
Sheepshead Bay is still a desirable safe middle-class area. The building may be too large for the area but it will fill up with tenants, hipsters or not or whoever. The B/Q Sheepshead Bay Road station is not designed for the kind of crowds that more buildings like this will create.
i just read this article from a link. That developer is too ambitious. Sheepshead Bay is working class. Anyone willing to pay those prices would not want to take that commute. The asking price is $1,000 psf which is close to Manhattan pricing, but you won't get such a fancy building.
I agree. Sheepshead Bay is a mixed working class and middle class, quite affordable neighborhood. The pro is that it is very safe, and affordable (for NYC). Cons are that it is pretty far from Manhattan (a good hour by subway), and hipsters will not find it hip or chic, as it is mostly immigrants (Russians, Chinese, Turkish people, etc.), with no hip bars or cultural activities.
Every millennial I talk to at work these days is living on on double digit floor. I've moved a lot in the past, I hate moving to anything above 3rd floor. I once lived on 9th floor, it is a huge pita going up and down everyday as well as moving stuff.
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