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Message: [QUOTE="Exit 4, post: 3244437, member: 2268"] Its also delayed because these projects arent a slam dunk. There is a lot of risk for the builder/developer. Costs are high in CT, operating expenses for rentals very high and rents aren't stupendous. In short the cost per square foot to build in a place like Hartford is the same as Stamford, but Stamford has perhaps rents that are 50% higher. All this stuff (ie lack of a slam dunk economic story) slows it down as much as anything else. Its much easier to pull the trigger and start when the banks and the equity investors see a strong opportunity. [/QUOTE]