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Dubai Royals Snatch Up Manhattan Real Estate
1010 WINS NEW YORK ^ | Nov 10, 2005 6:44 am US/Eastern

Posted on 11/10/2005 5:23:40 AM PST by Calpernia

The royal family of Dubai (Doo-bye), one of the wealthy Arab emirates, has bought two buildings in Manhattan for more than one-point-one (B) billion dollars.

The New York Times reports that the buildings are 230 Park Avenue, a 34-story tower between 45th and 46th streets, and the Essex House, an Art Deco hotel on Central Park South.

The buildings were purchased through two companies controlled by the royal family of the oil-rich city state.

According to the Times, this is Dubai's first foray into New York's real estate market.

The crown prince, Sheik Mohammed bin Rashid Al Maktoum, wants to diversify Dubai's economy. Dubai has turned itself into a tourist hotspot and an international banking center as well as tackled foreign real-estate investment.


TOPICS: News/Current Events; US: New York; War on Terror
KEYWORDS: manhattan; newyork; newyorkcity; nyc; realestate; royals; skyline
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To: Clemenza

>>> Dubai is sort of an ME version of Scottsdale, AZ.

LOL!


41 posted on 02/14/2006 9:30:37 PM PST by Calpernia (Breederville.com)
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To: Calpernia

Looks like the Sheik and Emirates belongs to the Earth Charter.

http://www.freerepublic.com/focus/chat/1578025/posts?page=73#73

What is going on? Is this the whole freaking world, including our own government against us?


42 posted on 02/16/2006 6:41:24 PM PST by Calpernia (Breederville.com)
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the Sheik and Emirates belongs to the Earth Charter.

http://www.freerepublic.com/focus/chat/1578025/posts?page=73#73


43 posted on 02/16/2006 6:42:25 PM PST by Calpernia (Breederville.com)
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http://www.freerepublic.com/focus/news/1579951/posts
White House Defends Port Sale to Arab Co.


44 posted on 02/16/2006 8:39:35 PM PST by Calpernia (Breederville.com)
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To: Calpernia

bump


45 posted on 02/20/2006 3:54:06 PM PST by malia (The Impeached x42 clinton - a Paper Tiger President! MSM - bottom feeders! What a team!!!!)
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http://www.freerepublic.com/focus/news/1582800/posts
Malkin: How the Port Sellout was Financed / Protect our Ports: Steam Builds


46 posted on 02/21/2006 10:38:01 AM PST by Calpernia (Breederville.com)
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To: Calpernia
To some observers, it sounds like Japan all over again.

Which means we get to buy it back in the future at bargain basement pricing....

47 posted on 02/21/2006 10:40:04 AM PST by NeoCaveman (If it's (Sherrod) Brown, flush it)
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To: Calpernia

This ought to temper the port-sale alarmists. Such capitalists as the Dubai royals would never allow their real estate to be nuked.


48 posted on 02/21/2006 10:40:44 AM PST by RightWhale (pas de lieu, Rhone que nous)
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To: dubyaismypresident

If you are into blood money; then yes, that is what it means.


49 posted on 02/21/2006 10:42:24 AM PST by Calpernia (Breederville.com)
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To: RightWhale

That's great, what happens if Islamic fundamentalists take over Dubai, the Sheik isn't going to live forever.


50 posted on 02/21/2006 10:48:22 AM PST by dfwgator
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To: dfwgator

We must be aware that everything can change overnight in this fast-paced world. In the meantime, mobility and flexibility are our only security. What counts is who is acting friendly today.


51 posted on 02/21/2006 10:51:57 AM PST by RightWhale (pas de lieu, Rhone que nous)
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http://www.newswithviews.com/baldwin/baldwin298.htm
DUBAI CO. TAKES OVER 9 US MILITARY FACILITIES

By Pastor Chuck Baldwin

May 5, 2006

NewsWithViews.com

As I warned earlier in this column, a United Arab Emirates company has been given control of some 9 U.S. military facilities. The deal is now official.

According to an AP report that ran in my hometown newspaper, The Pensacola News Journal, on Saturday, April 29, 2006, "President Bush has approved the takeover by a Dubai-owned company of American plants that make parts for jets and tanks after a review that seems to have satisfied lawmakers who helped block an earlier Dubai deal." The AP report also said, "Initial reaction from Capitol Hill was favorable."

Specifically, the Dubai company takes over control of at least nine factories, including military production facilities in Connecticut and Georgia. Dubai settled the deal for $1.2 billion.

Therefore, Dubai will now take over operations of factories that produce engine components and turbine blades for military platforms. Clients include Boeing, General Electric, Honeywell, and Pratt and Whitney. Please understand that when we talk about a Dubai company we are talking about a foreign government!

Unlike the private British companies that formerly held these contracts, the Dubai company is a state owned company. Yes, Martha, that means that a foreign government, a government that has direct ties to terrorists, is now in charge of several U.S. military facilities! And the reaction to this foreign takeover on Capitol Hill was "favorable."

Not only was this Dubai deal received favorably in Washington, D.C., the mainstream media has virtually ignored the story. Be honest. How many of you even knew this happened? The story to which I alluded at the top of this column came from page 8C of my local newspaper. That's right. Page 8C. No front page or even second, third, or fourth page news for this one.

Does anyone smell a rat?

If the American people truly understood the depth and degree to which America's big business and political leaders are mired in international commercial activities, it would probably scare us half to death!

No wonder the Bush administration and members of Congress allow and even encourage illegal immigration. No wonder virtually everything we buy anymore is made outside the United States. No wonder America's factories are almost all closed down. No wonder it doesn't matter to a tinker's dam how many letters we write or phone calls we make to our lawmakers in Washington. No wonder our congressmen take frequent "fact finding" trips overseas (at taxpayer expense, no less). No wonder un-American trade deals such as NAFTA, GATT, and soon-to-come FTAA sail through the halls of Congress no matter how unpopular they are with the American people.

Let's face it: for the most part, America's business and political leaders have sold America down the old proverbial river! In my opinion, they are no better than Benedict Arnold!

Now we have a Middle Eastern nation, which has direct ties to international terrorism, running several U.S. factories (on U.S. soil) responsible for producing sophisticated military hardware, and barely anyone in Washington, D.C., gives it a second thought!

Of course, while the President and Congress put out the welcome mat for the UAE (and for illegal aliens of every stripe), they continue to pass legislation (or worse, don't even worry about legality) creating a Big Brother society for the American citizenry.

Believe me, the American people are constantly under Big Brother's microscope, and if you don't believe it, just try purchasing something over $5,000 with cash and see what happens to you. In the meantime, these same politicians, CEOs, CFOs, international bankers, and media moguls make billion dollar business deals with virtually every socialist dictator, Marxist government, and rogue regime on earth on a daily basis!

Until the American people shake off their infatuation with the two- party system and begin holding their elected representatives accountable to the U.S. Constitution, there will be no change in the direction of the country. Big money interests control both major parties, which is why nothing changes no matter who is elected.


52 posted on 05/07/2006 8:16:42 PM PDT by Calpernia (Breederville.com)
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To: Calpernia

http://www.freerepublic.com/focus/news/1646072/posts
UAE Plans Law Against Human Trafficking


53 posted on 06/09/2006 3:27:08 AM PDT by Calpernia (Breederville.com)
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To: DocH
We should follow Japan's (I'm sure there are other countries as well) lead and NOT ALLOW FOREIGNERS to own AMERICAN land or property.

That's insane. In the event that you failed to read the article, a bunch of Arabs just injected $1.1 billion into New York City's economy. That's a good thing if you're a New Yorker, and a good thing if you realize how else they could have spent that $1.1 billion.

54 posted on 02/08/2007 10:17:41 PM PST by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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To: dfwgator
That's great, what happens if Islamic fundamentalists take over Dubai, the Sheik isn't going to live forever.

I don't know, Alain Ducasse will be forced to serve on Hallal food at his restaurant in the now-Dubai-owned Essex House?

What exactly are you worried about?

55 posted on 02/08/2007 10:19:14 PM PST by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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To: Calpernia
If you are into blood money; then yes, that is what it means.

And when Japanese were buying up all of New York's real estate at hideously inflated prices in the 80s, I bet you were screaming too. This isn't blood money, this is shirking the Arabs (or the Japanese or whomever) out of their hard-earned cash by charging them much higher than the going rate for... office space. Who cares? Good for the American real estate agents for making the sale.

56 posted on 02/08/2007 10:21:17 PM PST by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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To: Alter Kaker

>>>>And when Japanese were buying up all of New York's real estate at hideously inflated prices in the 80s, I bet you were screaming too.

Actually yes. That is related to Rockefeller here.

http://www.freerepublic.com/focus/f-backroom/1521072/posts?q=1&&page=51

58, 80, + 81


57 posted on 02/09/2007 5:24:36 AM PST by Calpernia (Breederville.com)
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To: Calpernia

I'm sorry, what do World War II war crimes have to do with the hideously inflated price Japanese paid to buy (and lose money on) Rockefeller Center? Foreign direct investment takes money out of other countries and pumps into directly into the US. How anyone (who has taken Economics 101) can be against this is beyond me.


58 posted on 02/09/2007 6:11:06 AM PST by Alter Kaker ("Whatever tears one sheds, in the end one always blows one's nose." - Heine)
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To: DocH
We should follow Japan's (I'm sure there are other countries as well) lead and NOT ALLOW FOREIGNERS to own AMERICAN land or property.

What kind of socialist nonsense is that?

59 posted on 02/09/2007 6:13:58 AM PST by nwrep
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To: Alter Kaker

payoffs


60 posted on 02/09/2007 6:22:00 AM PST by Calpernia (Breederville.com)
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