Skip to comments.Dubai Royals Snatch Up Manhattan Real Estate
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.
>>> Dubai is sort of an ME version of Scottsdale, AZ.
Looks like the Sheik and Emirates belongs to the Earth Charter.
What is going on? Is this the whole freaking world, including our own government against us?
the Sheik and Emirates belongs to the Earth Charter.
White House Defends Port Sale to Arab Co.
Malkin: How the Port Sellout was Financed / Protect our Ports: Steam Builds
Which means we get to buy it back in the future at bargain basement pricing....
This ought to temper the port-sale alarmists. Such capitalists as the Dubai royals would never allow their real estate to be nuked.
If you are into blood money; then yes, that is what it means.
That's great, what happens if Islamic fundamentalists take over Dubai, the Sheik isn't going to live forever.
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.
DUBAI CO. TAKES OVER 9 US MILITARY FACILITIES
By Pastor Chuck Baldwin
May 5, 2006
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.
UAE Plans Law Against Human Trafficking
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.
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?
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.
>>>>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.
58, 80, + 81
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.
What kind of socialist nonsense is that?
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