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Cordoba Mosque Developer Tax Deadbeat
American Thinker ^ | Clarice Feldman

Posted on 08/29/2010 7:19:44 AM PDT by Rashputin

The more we learn about the developer the less likely it seems the mosque will get off the ground.

The NY Post reports that Gamal has a signficant unpaid tax bill :

Sharif El-Gamal, the leading organizer behind the mosque and community center near Ground Zero, owes $224,270.77 in back property tax on the site, city records show.

El-Gamal's company, 45 Park Place Partners, failed to pay its half-yearly bills in January and July, according to the city Finance Department.

The delinquency is a possible violation of El-Gamal's lease with Con Edison, which owns half of the proposed building site on Park Place. El-Gamal owns the other half but must pay taxes on the entire parcel.

The lease agreement, obtained by The Post, specifies that El-Gamal's company pay taxes on the property and submit receipts to Con Ed.

The utility said it would have to review any possible lease violations.

That's not the only stumbling block for the project, says the Post:

Before any building can go forward, the developers also must get approval from the MTA because the 2 and 3 subway lines run under a portion of the Park Place property, The Post has learned.

How brilliant for Bloomberg and Obama to tie themselves to a falling boulder.


TOPICS: Culture/Society; Politics/Elections
KEYWORDS: cordobamosque; groundzeromosque; sharifelgamal
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To: Rashputin

Not to worry. Taxpayers will undoubtedly pick up the tab, won’t they Mr. Bloomberg!!


21 posted on 08/29/2010 9:38:17 AM PDT by Oldpuppymax
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To: Rashputin

Not in the eyes of mac daddy the liar.


22 posted on 08/29/2010 9:43:42 AM PDT by chiefqc
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To: Rashputin

He also has uncorrected violations on a couple of other buildings and has had trouble paying his employees.


23 posted on 08/29/2010 9:52:03 AM PDT by firebrand
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To: Cicero
Bloomberg is a smart guy. We may not like him, but he’s smart. Did he really not know about this?

He may just think it's a great opportunity to show the Arab sheiks and emirs in the Middle East, whose business he is hoping to attract for his new sharia-oriented financial products and software support, what a great guy he is.

If this developer goes down, they may find another one - but what the heck, Bloomberg is still a great guy, right?

24 posted on 08/29/2010 9:52:15 AM PDT by BusterBear
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To: Oldpuppymax

Someone in the New York area should ask Bloomberg about his corporate offices in the Arabian countries.


25 posted on 08/29/2010 9:53:19 AM PDT by noinfringers2
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To: Rashputin
El-Gamal's company, 45 Park Place Partners, failed to pay its half-yearly bills in January and July, according to the city Finance Department.

Bloomberg: I had no idea this was going on. Shocking. Shocking.

26 posted on 08/29/2010 10:02:30 AM PDT by BusterBear
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To: BusterBear

Ha Ha...so Bloomberg hosted a tax deliquent at the Govs Mansion. Guess that would be standard for a Rat politician..or a RINO.


27 posted on 08/29/2010 11:35:08 AM PDT by Oldexpat
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