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Mr. Bruno added that there is considerable uncertainty about how this downzoning will affect home prices, but conventional wisdom is that prices may drop sharply in the short term because single-family homes will no longer be sought by developers aiming to build multiunit projects.
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A possible compromise could tie a rent-stabilization bill to other real-estate legislation being sought by developers and landlords, including the extension of a tax break for certain new residential buildings, known as the 421-a program.
Councilwoman Kathy Einstein, who favored the variances that had been sought by Toll Brothers, said she felt the developers had become "the scapegoat in all this" and that progress was being made in trying to reduce the number of townhouses before the plans were withdrawn.
Some were being sought by their families.
The documents were sought by government investigators.
Sponsors were sought by invitation only.
She did not know when bids would be sought from developers.
The city will be seeking a developer for that project.
The corporation is seeking a developer to improve and operate the 95-acre terminal.
In this study, permission was sought and thereby given from the developers of the PDI.
A developer and companies to design and deliver the scheme are now being sought.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com