Brooklyn’s Working-Class Bastion Bay Ridge Gets a New Luxury Development

A working-class Brooklyn neighborhood known for its sweeping views of the Verrazano-Narrows Bridge—and its many "Saturday Night Fever" filming locations—is getting a luxury makeover.Shore Road, with its dazzling bridge, New York Harbor, and downtown Manhattan skyline views, is lined with decades-old co-op buildings that aren't going anywhere. With no raw land in sight, how to create an upscale building for the untapped luxury market at the southwest basin of Brooklyn?For RockFarmer Properties, a real estate development firm specializing in Queens and Brooklyn projects, the answer was to find a 1961 brick co-op with a lot of shares for sale, and a board willing to have a developer bankroll a luxurious modernization."We focus on neighborhoods like Bay Ridge, Astoria, and Jackson Heights" in Queens, John Petras, managing principal of RockFarmer Properties, tells Realtor.com®. "They are very long-established neighborhoods, in some cases underserved in terms of new product and not sexy like Williamsburg or other areas, but great places to live."Loading...Co-op apartments in The Veridian on Shore Road in Bay Ridge, Brooklyn come with spectacular Verrazzano-Narrows bridge views. RockFarme...