Posted on 09/05/2010 4:11:39 AM PDT by Scanian
The original owners of the Ground Zero mosque site mysteriously spurned dozens of higher bids before selling the prime downtown real estate at a bargain-basement price.
The Pomerantz family, which had owned the building since the late 1960s and fielded offers after the patriarch died in 2006, rejected at least one bid that was nearly four times what prospective mosque builder Sharif El-Gamal eventually paid, The Post has learned.
El-Gamal did offer what could be viewed as a sweetener to his $4.8 million bid in July 2009 -- a job as a property manager for a son of the family, Sethian Pomerantz
New York developer Kevin Glodek was livid when he found out the building sold for a fraction of what he offered in 2007 -- $18 million cash -- and wondered whether money changed hands under the table, according to sources close to the deal.
(Excerpt) Read more at nypost.com ...
loads of bids, one at 18.4 million, one at 4.8 million, gee i think i’ll take the one thats 14 million less.
like hell.
Maybe with those accounting practices, is why their culture is still living in mud huts.
Maybe something other than monetary? Like political contributions to certain causes, charities, etc. ? I don’t have the answer but Bloomberg seems extreme in his support in view of all the evidence that this is not a clean deal. I think a good start would be not only an investigation into the property deal and financing, but into Bloomberg himself.
“Let’s Mecca deal?”
Nice one. Thanks.
Blooming idiot dosen’t want to rock the boat with the Muzzies, his company has a big deal brewing either in Dubai or the UAE. I can’t remember which one.
There’s definitely something wrong here. Taxes are very likely, especially since she was Pomerantz’ widow and had inherited the estate, possibly in the form of a trust, in which case she might have had to pay capital gains taxes that would have been higher than whatever she stood to make. Or maybe there was some other money in a side deal that was funneled off to something else belonging to the widow in a way that would have been below the tax radar.
That’s true. And then you have odd cases like that of our so-called president, who I think intentionally resumed use of his Muslim name in order to send a message to his Muslim brethren.
Do you live in NYC? I do. I can tell you he’s arrogant to a fault and never ever admits to being wrong. He chose on the side of diversity or some such nonsense and will hold onto that as long as possible.
Looks like they took it in the shorts in the real estate bubble.
BTTT.
And speaking of Bloomberg....
Bloomberg's Plea to Build Ground Zero Mosque Related to Bloomberg Business Hub in Dubai?
Al Qaeda cash dollars paid under the table? Swiss bank account?
This would explain his attitude and blindness.
I do not live in NYC but I can tell that Bloomberg is a arrogant SOB.
His arrogance seems to control him. Not a nice man.
I am wondering if the Democrat Attorney General Eric Holder might not be better rewarded to investigate this case, rather than Sheriff Joe Arpaio in Maricopa County in Arizona. A high ranking Republican New York City Mayor would be a better political victory than a lowly County Sheriff...
BTTT
Bloomberg is no longer a Republican. He originally was registered as a Democrat, then decided he wanted to run for Mayor but the Democrat primary was crowded, so he changed his registration to Republican, where competition was much less in the primary. After Republicans became unpopular (around 2006), Bloomberg changed his registration to Independent. Currently, he has his face up Obama's a**.
Whatever his party registration this week, Bloomberg is still a much bigger target for the Attorney General than a county sheriff in Arizona.
He may be a big target, but not for Democrats. The Democrat leaders here (in NYC) are in lockstep in support of the GZ mosque (with a very few exceptions). It’s the Republican candidates for office who have come out against it.
There is very little chance that a Democrat Attorney General (either NY or US) will want to investigate Bloomberg.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.