@amdev.nyc: A Bay Ridge owner sold a 4th Avenue lot for $3.1M, and 31 days later the buyer filed to build nine apartments on it. The deed is dated Aug. 25. On Sept. 25 the buyer filed to take the one-story Bay Ridge, Brooklyn lot to six stories: nine apartments, about $1.5M in estimated build cost. For a developer, that is a month from closing to a full plan, and the seller never saw the upside. Comment below: builders and agents, how fast do you file after closing on your own pipeline? Subscribe to our daily newsletter: link in bio #BayRidge #Brooklyn #NYCRealEstate #RealEstateDevelopment #Development

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Friday 09 October 2026 13:08:17 GMT