Monday, October 17, 2011

Ground Zero Mosque Evicted Maybe? GZM Owes $1.7M Back Rent

Maggie

The Ground Zero Mosque may be evicted by Con Edison in New York City if they can’t pay the $1.7 Million in back rent. You won’t believe the action Con Edison has taken. Take a look:

NewsMax:

The utility owns a former substation on the western half of the

Sharif El-Gamal

property, which it leases to mosque developer Park51. The developer plans to erect a controversial 15-story community center on the site, which once housed a Burlington Coat Factory store.

In August, Con Edison raised the rent from the 1972 rate of $2,750 a month to $47,437 a month, retroactive to July 31, 2008, according to The Post, which says that the utility demanded payment of the $1.7 million by Oct. 4. It threatened eviction if payment was not received.

New York Post:

Con Ed and mosque developer Park51 have an unusual, uneasy alliance, sharing ownership of a site slated to be one of the most controversial projects in city history…

Park51, which leases the substation from Con Ed, wants the two buildings so it can knock both down and build a $100 million, 15-story community center…

Gamal said Con Ed’s move also wipes out his ability to eventually buy the substation building, where the Park51 developers have converted the first floor into a prayer space. They turned the first floor of the adjoining building into a cultural center and recently debuted their first event, a photography exhibit…

Gamal’s group bought the building at 45-47 Park Place in 2009 for $4.8 million and, at the same time, paid $700,000 for the lease at the substation.

GZM claims it owes less than half of the amount Con Edison is demanding. A Judge has issued an order preventing the utility company from ending the lease before a November 17th hearing.

Pam Geller has details and commentary. This is an important story, but I expect Saudia Arabia or Iran to come to their rescue. I can’t even begin to guess how many Con Ed employees lost loved ones and friends on September 11, 2001. Thanks to newshound and Master Sculptor, David Lemon for this story tip, which ends my day nicely. Take a look at what David is up to here.

Posted by Maggie @ Maggie’s Notebook

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