In 2010 Mr. Sharif El-Gamal thought it would be a good idea to build an Islamic Cultural Center within eye sight of where the World Trade Center stood on September 10, 2001. It wasn’t an idea that met with any favor outside of the so-called “Muslim community “.
Mr. El-Gamal’s original plans for an Islamic center and mosque at the lot—two blocks north of where the former World Trade Center towers stood—ignited a political controversy in 2010. Protesters called it the “Ground Zero mosque” and said its placement near the site of the deadliest terrorist attacks in U.S. history would be an insult to those who were killed there.
The community center plan was shelved in 2011 amid a struggle for financing and Mr. El-Gamal’s choice to seek more community input, he said.
He got lots of “community input.” It was uniformly negative. So he settled for the next best thing, piles of money.
Mr. El-Gamal’s Soho Properties has proposed a 667-foot condominium tower at lower Manhattan’s 45 Park Place. The glass skyscraper, which has yet to break ground, will include at least 15 full-floor units of 3,200 to 3,700 square feet, and average prices higher than $3,000 a square foot, according to plans released to Bloomberg by the developer.
Good luck with that. Of course it IS New York City and what’s $10,000,000 for an apartment with a great view.
Mr. El-Gamal thinks it will be a “market maker” because the units are priced significantly higher than the current market.
My current hope, with respect to Mr. El-Gamel and his property, is that he gets targeted by the Obama HUD .
President Obama wants to “diversify” wealthy neighborhoods in America, and his administration plans to to force affluent communities to accept affordable housing, such as Section 8.
The Department of Housing and Urban Development (HUD) is set to release new regulations that would set aside taxpayer money to build cheap housing for poor people in richer areas. Under the rules, the federal government would be able to overrule zoning laws of more than 1,200 local governments and force communities to comply.
Section 8 housing at 45 Park Place. Warms my cold heart on a cold night. Better than a fireplace.
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