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To: RummyChick

“Kukiko Mitani, whose husband, Stephen Pomerantz, owned the building at the time, tried to sell it for years, at one time asking $18 million. But when the recession hit, she sold it in July to a real estate investment firm, Soho Properties, for $4.85 million in cash, records show. One of the investors was the Cordoba Initiative, an interfaith group founded by Imam Feisal. “
http://www.nytimes.com/2009/12/09/nyregion/09mosque.html?pagewanted=2&_r=2&ref=nyregion


115 posted on 12/16/2009 3:48:05 PM PST by RummyChick
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To: RummyChick

She was probably “encouraged” to reduce the price 13M. How else do you go from $18M to under 5?


126 posted on 12/16/2009 3:59:09 PM PST by the anti-liberal
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To: RummyChick
The NY Times says the building was purchased by an investment company led by the Cordoba Initiative, an "interfaith" group founded by Imam Feisal. There is no mention of whether they plan to build minarets

http://www.cordobainitiative.org

The Times article doesn't say whether there are plans to build minarets.

147 posted on 12/16/2009 4:41:09 PM PST by Kells
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To: All
Reposting post no. 115:


"Kukiko Mitani, whose husband, Stephen Pomerantz, owned the building at the time, tried to sell it for years, at one time asking $18 million. But when the recession hit, she sold it in July to a real estate investment firm, Soho Properties, for $4.85 million in cash, records show. One of the investors was the Cordoba Initiative, an interfaith group founded by Imam Feisal. “ http://www.nytimes.com/2009/12/09/nyregion/09mosque.html?pagewanted=2&_r=2&ref=nyregion"

182 posted on 12/16/2009 6:05:55 PM PST by Cindy
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