Development is anything but sheepish in Sheepshead Bay.
The once-quaint marina town is shaping up to be the borough’s next
development hot-spot, real estate watchers say. A 28-story condo is
going up on Voorhies Avenue, and that’s just the bellwether for a
building boom that could leave the old fishing village looking more like
And don’t expect the boom to slow any time soon, one real estate pro said.
“There’s a lot of development in Sheepshead Bay,” said Nancy
Pecoraro, a broker with Fillmore Real Estate. “Definitely more in recent
years — tearing down old buildings. It’s definitely more of a city feel
with all of the condominiums going up. And definitely a big change to
the waterfront — Sheepshead Bay itself — and Brighton Beach.”
Developers submitted plans for 18 new offices or multi-family
apartment buildings since March 7, 2015, according to city records. They
applied for 17 such permits last year and just 13 in the same period
the year before that.