The New Coney Island - Brooklyn's Times Square by the Sea

Monday, May 30, 2016

Starealty developer talks construction boom in Sheepshead Bay

Sheepshead Bites excerpt -

Levko said he scooped up the properties because he saw an opportunity to get in on the construction boom taking place in southern Brooklyn.

“In the next four or five years, this area is going to change dramatically,” he explained. “Everyone wants to be here.”

He said the neighborhood is attracting a younger crowd who are being priced out of Manhattan and some of the gentrifying neighborhood in northern Brooklyn. The neighborhood, with its waterfront restaurants, clubs and bars also has a lot to offer newcomers, he said.

“It’s more family friendly, there’s less crime, and the streets are cleaner than neighborhoods like Bed-Stuy or Bushwick,” he said. “We have everything. Anything you want to put your finger on, it’s better here.”

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