Skip to comments.Mosque building owners nixed $18M offer before taking $4.8M one
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 ...
It is getting curiouser, and curiouser.
Curious? We’re being played.
Investigations are in order.
More like firing squads
The state of NY should be interested in this one if the feds aren’t...
LOL - good one!
Sounds like a property tax dodge to me.
Property tax dodge sounds logical...but why is Bloomberg so adamant about this location? And why would he overlook this financial irregularity? Unless he is in on the deal...
I thought %5million for that piece of land was a little ridiculous
This is interesting.
I was puzzled by that price, too, even in a down market. The name of Pomerantz’ widow, who was the final owner who sold for such a low price, is Kukiko Mitani. This sounds to me like a Japanese name, so she’s probably not a Muslim. In that case, there must be some other angle, perhaps, as suggested, a tax dodge of some kind.
All that needs happen is some enterprising AG dig around and see if the widow deposited cash somewhere at the time of the sale. Money hides,it never disappears(heard that on a t.v. show). That will give the apologists like Bloomberg And zero the cover they need to reverse course.
What could they possibly give him? At most its worth 18 million from the article and hes worth billions.
Names are irrelevant in islam.
Their names change w/o going through the normal format that civilized people use because our laws are superseded by islamic law.
Just a small point.
Find out which Dubai bank the 15 million dollar difference was deposited.
They do it all the time in foreign countries, put a low figure on the deeds price that is taxed and the rest gets bunged under the table.
That extra cash will have been bunged in some swiss bank account somewhere or in the caymans.
It smells to high heaven.
Paging Mayor Bloomberg...
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.
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.
And speaking of Bloomberg....
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...
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.
There will be plenty of motivation to investigate him after the November elections.
I hope you are right. The Republicans will need to take the lead. In NY State, the current NY Attorney General, Andrew Cuomo, has come out in favor of the GZ mosque and he is heavily favored to be elected Governor. The US State Department is heavily involved with the Imam for the mosque, paying for international tours for him and his wife and buying up $1,000’s of dollars worth of his books.
The publicity surrounding this mosque may become so unsavory that Obama & Co., plus Cuomo, are forced to throw this Imam under the bus and Bloomberg along with him, but that will take a lot of doing.
Perhaps others are hesitant to say this, but if they try to build the mosque at the site near Ground Zero, there will be civil unrest like never seen. It will come from every side, and the proponents can scream freedom of religion all they want but the problem will never go away until they choose another site.
Yes. I agree that will happen. And maybe, even in NY State, enough pressure will accumulate to force Cuomo to backtrack (because Cuomo is a spineless opportunist); and then the pressure will keep building as more details keep coming out until something is eventually done to settle Bloomberg’s hash.
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.