‘”A lot of commercial projects today are just on hold,” he said. “You might have seen, for example, major developers like [Douglas] Jemal who are putting a lot of projects on hold. And that goes for a lot of other developers too. I think that may be the more fundamental reason. It’s just costly to do development deals today, and every one of those parcels is, at least in theory, a development site. So I don’t think this is unnatural, I think it’s just a matter of the circumstances existing in the in the marketplace today.”‘