Sunday, September 05, 2010

Mosque-site owners put the kibosh on $18 million dollar deal to settle for $4.5 mill...

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.

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.

A 60-story condo would have brought mega tax-bucks to a strapped city, but instead, everyone pushed, prodded and pulled the mosque deal...which won't generate squat as it will have mucho religious-entity tax exemptions.

The Glodek partnership offered $18 million, the mosque-site owners settled for less than $5 million, and we're supposed to believe what exactly?

Oh yeah; most probably, the old owners thought the mosque blueprints had far better handicap access. Too bad, too. Glodek was so sure he had a deal, especially after they handed him the keys to the old building. Damned fool should have paid more attention to the height of those bathroom mirrors. 

Yeah. That's the ticket. 

No comments: