Ground 
<http://www.nypost.com/p/news/local/manhattan/mosque_big_owes_tax_rNN0l21LN43U6WhTmIawSP?sms_ss=email>
  Zero mosque developers owe $224,000 in back property taxes on site, records 
show - NYPOST.com


http://www.nypost.com/p/news/local/manhattan/mosque_big_owes_tax_rNN0l21LN43U6WhTmIawSP?sms_ss=email


 


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 lease agreement, obtained by The Post, specifies that El-Gamal's company 
pay taxes on the property and submit receipts to Con Ed. 

The utility said it would have to review any possible lease violations. 

The late taxes are the latest wrinkle in the controversial plan to put the 
15-story mosque near the World Trade Center site. 

Before any building can go forward, the developers also must get approval from 
the MTA  <http://www.nypost.com/t/MTA> because the 2 and 3 subway lines run 
under a portion of the Park Place property, The Post has learned. 

El-Gamal's spokesperson insisted to The Post that the taxes had been paid and 
that the "subway lines do not pose a problem." 

El-Gamal plans to tear down the two buildings on the Park Place site, which 
housed a Burlington Coat Factory 
<http://www.nypost.com/t/Burlington_Coat_Factory>  store but have been empty 
since the Sept. 11, 2001, terrorist attacks, when one was damaged. 

The Post revealed this month that El-Gamal owned only half the site. Gamal 
purchased the lease to the Con Ed property for $700,000 last year when he 
bought the other building on the site for $4.8 million. 

He has told Con Ed he wants to buy the building at 49-51 Park Place, which Con 
Ed is appraising to determine fair market value. 

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." 




Read more:  
<http://www.nypost.com/p/news/local/manhattan/mosque_big_owes_tax_rNN0l21LN43U6WhTmIawSP?sms_ss=email#ixzz0y5NKb2TP>
 
http://www.nypost.com/p/news/local/manhattan/mosque_big_owes_tax_rNN0l21LN43U6WhTmIawSP?sms_ss=email#ixzz0y5NKb2TP



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