Danbury Developer Pulls The Plug

Danbury’s attempt to regulate a proposed $10 million regional car leasing hub has backfired. Developer plans have been scrapped after attorney Neil Marcus warned the city’s strict zoning rules would drive away investment. The investor is now exploring sites in New York, leaving Danbury without the potential tax revenue and jobs the project could have brought. City officials meanwhile, expressed openness to revisiting the proposal, emphasizing their desire to attract new business.