[JerseyHighlander]

http://therealdeal.com/blog/2013/04/25/el-gamal-considering-condos-for-park51-site/

http://ny.curbed.com/archives/2013/04/26/controversial_park51_developer_may_go_condo_on_stalled_site.php

Looks like he paid too much by 30%, he’ll be dependent on Muslim donations to fund the mosque construction to be able to lower the pricing on the condos/retail mix. Basically, he bit off more than he can chew.

[tet68]

Do you think he couldn’t get enough “donations” for
a mosque at the site of the greatest moslim “victory”?

That’s probably where all the real money would come
from.