And what's a one-acre lot off Cognewaugh worth?

We’re about to find out. 37 Barton Lane, Cos Cob, priced at $1.275 million, is reported pending after 28 days on the market. The land lies in the R-2 zone, but an acre is still a perfectly good-sized lot, and the maximum FAR allowance is 3,920 sq. ft., so there should be room for a builder to turn a profit here.