(To read more on the multifamily market, click here.)

PHILADELPHIA-City Councilman Frank DiCicco has introducedlegislation that would take zoning on a riverfront parcel where theTrump Organization plans a residential condo tower back toindustrial. The council tentatively approved the bill and a finalvote is scheduled for June 15.

The rezoning would at least stall, and possibly preclude,development of Trump TowerPhiladelphia, a planned 45-story, 263-unit condominium. DiCiccorepresents the district that includes the Northern Libertiesneighborhood and the Trump parcel at Spring Garden Street andDelaware Avenue. According to Brian Abernathy, DiCicco'slegislative assistant, he introduced the bill based on Trump'spartners' failure to talk with representatives of the neighborhoodabout their concerns regarding parking, traffic, access to theriver and other design matters.