"They see that there's a need for smaller spaces, and they also want to hedge their bets a little bit and diversify their product," said Stephen Kliegerman, executive director for development marketing at Halstead Property.
"Quality-of-life issues have gotten tremendously better in the city, so more and more families want to stay in Manhattan or even move into it from the suburbs," said Stephen Kliegerman, the executive director for development marketing at Halstead.
Councillor Richard Lewis, executive member for development and the economy, said the decision should speed up the process of finding a solution.
Councillor Richard Lewis, the city council's executive member for development and the economy, said the approval "will finally enable us to deliver a high-quality rapid transit network that is essential for a city of Leeds's calibre".
The Paterson administration announced on Monday that Avi Schick, president of the development corporation, would serve as acting chief executive for economic development efforts in New York City and the surrounding counties.
Midyear retirements, once rare, are now common, though a handful of veterans remain, including Lester W. Young Jr., chief executive for youth development, and Rose Albaneseniorinto, senior counselor for school intervention and development.
"This is big news," said Patrick Duggan, the deputy county executive for economic development.
George Gatta, the deputy Suffolk County executive for economic development, said: "We were always interested in additional state aid.
Patrick Duggan, who became the deputy county executive for economic development last month, knows New Cassel well because he was the executive director of Sustainable Long Island before his appointment.
"For years in this system, we've neglected fitness and physical education," said Lester W. Young Jr., senior executive for youth development and school-community services at the Department of Education.
George Gatta, the deputy Suffolk County executive for economic development, said the county was prepared to participate with New York State in a preservation plan for the KeySpan property.
