Mosque Building Owners Nixed $18M Offer Before Taking $4.8M One
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Printed Date: 01/18/2017 at 7:41am
Topic: Mosque Building Owners Nixed $18M Offer Before Taking $4.8M One
Posted By: News Editor
Subject: Mosque Building Owners Nixed $18M Offer Before Taking $4.8M One
Date Posted: 09/06/2010 at 12:18pm
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Developer Kevin Glodek is seething after he missed out on buying the property near Ground Zero in favor of Sharif El-Gamal. by Isabel Vincent and Melissa Klein, The New York Post NEW YORK, NY - 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. Glodek and his partners wanted to build a 60-story condo tower with retail space on the Park Place site, had inked a purchase agreement and even had keys to the existing building, according to sources and documents obtained by The Post. To view this article, http://www.nypost.com/p/news/local/manhattan/mosque_was_stea l_FpzwdRCdb5MdehzkDDWY3H - click here . |
