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Uncertainty and volatility are putting some transactions on hold.

The communities offer over 16,000 residential lots and 600 acres of commercial space.

Investors targeted a mix of high-growth metros and expanding suburban markets,

The program has generated less than half of the revenues the city hoped to collect.

Eastdil Secured is marketing the property.

Rents are currently priced from $3,840 to $8,050.

Three blocks of empty storefronts to be transformed, city expects influx of visitors in 2026.

Bryant Park draws 12 million visitors each year.