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Hey Mayor Bloomburg -- GZM Owners Owe You 224G in Taxes!
Tax deadbeats -- you got there Major, these mosque developers.Searching city records shows Sharif El-Gamal, the leading organizer behind the mosque and community center near Ground Zero, owes back property tax on the site for some $224,270.77. 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 late taxes are the latest wrinkle in the controversial plan. And yet another wrinkle, Mr. Mayor, that you should already know, El-Gamal insisted to The Post that the lease permitted him to demolish the property at any time. But the lease agreement says El-Gamal must provide Con Ed with a copy of a financing commitment or other proof that money is available to "cover the estimated cost of demolition of the building and construction of the new building." Dig deeper, guys, that got to be more. Posted by: Sherry 2010-08-30 |
| http://www.rantburg.com/poparticle.php?ID=304519 |