Posted on 08/29/2010 7:45:18 PM PDT by Missouri gal
The mosque developers are tax deadbeats. 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.
(Excerpt) Read more at nypost.com ...
Developing...or maybe not.
So were a few of Obama’s appointees.
Maybe we’ll get lucky and NYC’s antiquated sky-high taxes will deter these guys from building their mosque.
Whoa
Not to worry... I’m sure some generous NYC or state agency will take care of it.
They’re already going to loan him $70 mils, what’s a couple hundred K.
Bloomberg will write ‘em a check. A belated Ramadan gift.
Now there’s a big surprise!
And it just keeps coming out.
No one in the ruling class cares.
“Maybe we’ll get lucky and NYC’s antiquated sky-high taxes will deter these guys from building their mosque.”
They are going to have to destroy buildings in low tax states from now on.
waiting for the IRS to take hold of the land lot.... *holding breath* oh wait they are not white folks... they’ll get a loan on taxes or deferment.
He bought the $5 million in July 2009 property where he plans to build a $100 million tax-exempt Islamic cultural center, two blocks from Ground Zero. El-Gamal was apparently brought up in a Catholic home, son of a bank executive, and was once marrried to a Christian. El-Gamal has said he turned to Islam after 9/11 and that his religious awakening followed a troubled youth.”
Read more: http://www.nydailynews.com/ny_local/2010/08/28/2010-08-28_park51_developer_sharif_elgamal_has_a_history_of_runins_with_the_law.html#ixzz0y16YGmMI
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The Muslim center planned near the site of the World Trade Center attack could qualify for tax-free financing, a spokesman for City Comptroller John Liu said on Friday, and Liu is willing to consider approving the public subsidy. The Democratic comptroller's spokesman, Scott Sieber, said Liu supported the project. The center has sparked an intense debate over U.S. religious freedoms and the sanctity of the Trade Center site, where nearly 3,000 perished in the September 11, 2001 attack. "If it turns out to be financially feasible and if they can demonstrate an ability to pay off the bonds and comply with the laws concerning tax-exempt financing, we'd certainly consider it," Sieber told Reuters.
Spokesmen for Mayor Michael Bloomberg, Governor David Paterson and the Islamic center and were not immediately available. The proposed center, two blocks from the Trade Center site in lower Manhattan, has caused a split between people who lost relatives and friends in the attack, as well as conservative politicians, and those who support the project.
Among those who support it are the mayor, civic and religious groups, and some families of victims. The mosque's backers hope to raise a total of $70 million in tax-exempt debt to build the center, according to the New York Times.
Tax laws allow such funding for religiously affiliated non-profits if they can prove the facility will benefit the general public and their religious activities are funded separately. The bonds could be issued through a local development corporation created for this purpose, experts said. The Islamic center would have to repay the bonds, which likely would be less expensive than taxable debt. New York City's Industrial Development Authority could not issue debt for the center because the state civic facilities law, which governed this type of financing for non-profits, was allowed to expire about two years ago.
(Reuters) - Reporting by Joan Gralla; Editing by Dan Grebler http://www.reuters.com/article/idUSTRE67Q5BW20100827
Bloomberg hosts the Iftar dinner at Gracie Mansion.
This year, he invited the mosque’s developer to the dinner.
http://thepage.time.com/bloomberg-remarks-at-iftar-dinner/
bookmark to read later.
Show him the American way...if you dont pay your taxes Uncle Sam takes your land and sells it to the highest bidder...lmao
The victory mosque developer was also busted for patronizing a PROSTITUTE:
Deadbeats? Not a problem - liberals will vote them some of our tax dollars... And yeah, they hate us that much.
Yes, I was just trying to post that one, too, and NY Post won’t allow it. The NY Police Commissioner was also present. What does that tell you?
No problem, I’m sure Bloomie will pay it for them.
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